Who knows, could be bounce time.
And lets also recognize Due that the buyers, other than a small flurry last week, have still not stepped up to the plate here. We can only blame the bio-market, Hedgies, shorts, the market environment for so long. Sooner or later, if this is going to run up . . the buyers have to step to the plate. We are getting close to the ninth-inning. Absent Sap succeeding, I see little value in CYCC right now. Either Sap is worth significantly less than it is selling for right now (cash value) or it is worth well north of five assuming Sap hits on all cylinders. But for the market to step up to the plate, it has to believe, at the least, that there is a chance for a runnup if it doesn't accept that Sap is a probable success. That of course is another issue.
Is there anything I said that contradicts your theory here Due? But the fact is that the buyers have stepped aside despite the incredible value here. One has to ask themselves why?
Unless you are invested in SNSS, why the heck do you care L2L? You are not turning into a JK are you, who has abnormal interest in the stock prices of shares he does not own.
Well, I was just looking at Mike Webb's post from earlier today . . still not sure how much he knows or doesn't know about Pharma . . . so listening to the Market . . we are down but not on huge volume, and we do have well over 1 million shorts who may be thinking its time to sell . . . could easily be them and their hedgefund at work I suppose. But I sure hate sounding like L2L. The hedgefund excuse has been his forever now. Of course . . this time it could be true. If the shorts see a run-up coming, they may figure its time to pack their bags.
AT this point I have to wonder if we could actually lost this at the DSMB and not even get to futility. I am hoping this is just the shorts. . . but who knows for real?
People take vacation during the Summer, although rarely the entire summer. Regardless, summer is now behind us. Its time to put up or shut up on the Cycc front. Still no buyers so the sellers can knock it down on low volume. If this is ever going to change, it is going to be this quarter that it does so.
I am buying 1 million shares of cytr Winston, as soon as it hits $2.05 . . . and to prove it I will, just like you did, post a screenshot of my holdings. . . .oh wait . . . never mind.
Winston, you beat me in the imagination department. Remember, you have living in a virtual world down to a science.
Winston, I am happy with my few shares owned. I can not compete with the best of the best so will not try to do so.
Winston...never. no one could trump you. You are the best of the best. Your buying 780 k shares of cycc at 2.75 is a feat never to be topped. You will be a legend in cycc investor history. They will speak of you in awe and hushed tones.
Yes winston. I would buy at least one million shares of cytr at current price. You will be rich even by your own standards.
Winston, I am merely suggesting since you bought 780 k shares at 2.75, according to you, that gal should buy 800 million shares to trump you.
Michael, I too a worried. The sp started running and we promptly backtracked. And now with attention being placed on other drugs far, far off in the futire, it is rational to be worried. Value, if you are reading, what do you think.