Looks like they own Pixel Studios, they just did a deal with FB, they have tons of cash and they make gobs of money. Why isn't this stock at $20?
Pixel is owned bu Undertone, a subsidiary of PERI. Plus, they just did a deal with FB. This should be a $10 stock without even trying.
Go figure. Are people just stupid or what is it?
This looks like a guaranteed $4 in the bank if you short this junk from here. Once again, you called everything perfectly.
This has to move to new highs of $30+
What another great call by you on this stock. You should have bet the person that responded to get him off the board for good.
Super call. It ran up against it again and just can't get thru. 5.98 is truly a brick wall. Great short from here.
Yes, I saw that block thrown up there also. Longs don't have any buying power left to keep this stock inflated. That's why we're sinking
It never ceases to amaze me that people get sucked into this stock and the same thing happens over and over again. The only thing you can do is short this stock. It has never, ever held a gain and never will
It sure appears that way. This stock isn't hardly worth a dime if that's the case.
Yes, your are correct as usual. It's really pathetic to see these longs fall for the same thing over and over again. I guess they won't learn until they are broke.
skidders, there's no way you have TA that advises this stock is ready to break higher. It's a broken stock and is in a clear downtrend! No technical charts could possibly advise buying this broken stock.
Henry, unfortunately I am like you. I listened to the pumpers when I should have been listening to the market. This stock is full of shorts and they do their homework and are right most of the time. Although this story sounds good, so do most biotech stories. You hit the nail right on the head; where are the big Pharma companies? Nobody is interested and there will be no partnership before one of these drugs is at least in Phase 3. So, I applaud your post and thank you for the insight. Nothing happening here. Thanks.....
cod, since the company just posted the position for a person to consummate the partnership, it's clear nothing is going to happen for at least 6 months to a year. Secondly, the stock would not be in full collapse mode if there were even a hint of a partnership. Finally, I get the 2 or 3 price range because it's just a simple fact that with all this negativity surrounding the stock, it has to return to it's low or even lower.
The stock just keeps trending lower and lower. It's quite apparent that there is no partnership lining up and no large drug companies interested in ARWRs' work yet. Maybe in a year or two, but not now. So, it's obvious the street is preparing for a secondary, which will send the stock back into the low 3's or hi 2's. The shorts appear to have this one right for at least the next year or so.