If anyone in August would have wanted to bet me that SGYP would be trading in low 3's in February I would have said no way and taken that bet. Now look. Unbelievable. To win back my money I'd bet a triple by the end of 2016.
Oh well.....decided to average up at $5.63. Figured it was worth it at this price. I've got another buy in place just in case there is a significant bear raid before the news but I did not want to miss out completely at this low price.
I just thought about AVNR yesterday due to the pps movement in SGYP. I owned AVNR also. As you recall there was a massive spike down just before approval. After approval the stock drifted lower and lower - back to almost pre approval levels. It was brutal.
issuing more shares. Why didn't they do this at $2.00?
unbelievable............less than $.05 per share pre split. Issue shares at $.50 and then another split - 1 for 10 this time.