What's the deal with this company? Even good news barely moves it. Could have bought at 1.69 today. Patience is running thin. I hate to see what bad news would do to it.
I have no doubt there will be a secondary. Anyone who has followed CHTP for the past five years knows their MO. The reason this is at $ 6 instead of $8 on approval is the 30 million shares the past few years they have issued in previous secondaries. Their market cap value cannot go up another 60 million with all those added shares.
No,not at all. You will have no chance to salvage your losses. But, you might be in the money as well. This is a Las Vegas bet. FDA disapproval sends this stock below $1.00. Approval $ 6.00. Big gamble but everyone knows the risk. Right?
Take your profit and be happy. Even with approval price will be about $6. Don't forget the 30 million outstanding shares over the past few years that have been issued. Three years ago it would have been $8 on approval, now $6 with dilution.
No, not short. Just haven't figured out the action on this stock. For a stock that was over $ 35 two and a half years ago it has performed miserably. Maybe it can finally get out of the gutter.
The ask price of 1.81 shows 800 shares available on Level 2. What a joke, I bought 5000 shares at 1.81 and it still showed 800 shares after the purchase and the past three hours. You can buy all you want at 1.81.
Those 40,000 share bids at the ask today were not retail investors. The stock was controlled by two or three players today. They will decide where this price goes.
CHTP will never survive if panel votes no. They are on third submission over past five years. If they don't have there ducks in a row for this review they are dead in the water. $.50 if vote in no and bankrupt in six months or less.
RLD is on a big slide this week (stating the obvious, I know). I hope someone doesn't already have some information about Earnings. This downward move and loss of $1.00 per share in the past four days is not what I wanted to see. Any thoughts?
You need to learn how to read a chart. The stock was not rallying in early 2012 before it plummeted. I am not saying there is a leak of anything, just pointing out that the price action is similar in nature as early 2012. I owned 50000 shares at the time and took a bath.
The same price action is taking place as in Feb-March 2012. Someone knew early that CHTP was not going to be approved and the price plummeted. I lost a great deal of money then so even if no one believes this is happening again just be savvy enough to know that this is real gambling on your part if you are going long.
The monthly chart is showing nothing but a downtrend now, share price headed down. If you see price drop over next few days expect to see $ 1.00 share within month or two. Heavily, heavily manipulated stock by handful of investors.
Heavily controlled stock by a handful of investors, they will bring it down to $1.00 over next couple months. Probably worth a buy at $.98. KGJI is a real business entity with an in demand commodity so it doesn't look like a bankruptcy. Not yet.