The stock went ex-dividend on Monday, so maybe some small time investor got spooked into selling his/her shares for $38 AH on Friday. I must say that the trading pattern over the last couple weeks has been the opposite of what I would have expected. As the stock was heading into ex-dividend day, the pps drifted downward a couple bucks. After it went ex-dividend, we've had a couple of up days against an overall downward market. Since I keep expecting the stock to dip below $40, maybe that means we're going to head upwards to $42?
In the past, these public offerings were issued so CLMT could raise money to do another acquisition. This is how expand. So, maybe we'll soon hear an announcement of a new acquisition.
Sure, as long as PSTI is trading comfortably above $3.50 by then. So, get busy and buy as much PSTI as you can with both fists.
Hi Allo! I decided to give your post a quick thumbs up. I do appreciate your finding these articles for us.
With the stock down 4% on light volume, it doesn't look like there are too many buyers today. Oh well, when the TASE reopens next week, I think PSTI will go back up. Maybe we'll get some more good publicity.
Thanks for the update. I assume the $8 price target is from Maxim. Do we know who the other 2 analysts are? I assume Acceleron is not included. Acceleron has a $21 price target, which of course, would skew the consensus upward.
Whoops! My bad. Thanks for straightening me out. With the TASE closed the rest of the week and it being unlikely we'll hear any more interesting developments from PSTI this week, PSTI may dip to $3.10 by the close of tomorrow. I hope I'm wrong( again).
Since PSTI seems to trade in lockstep with the TASE, does this mean we can expect to drop tomorrow? If we don't drop tomorrow, maybe it'll gap up Friday morning on the TASE. Stay tuned!
I think if last month's spike was caused by big news leaking, we would've found out about it by now. As you pointed out, the volume was 20M. For that many people to know about the big news, it would be impossible to keep it a secret for this long. Anyway, the important thing is we seem to be on another uptrend. I hope PSTI can keep feeding us good news updates.
This rally seems more genuine than the one we had last month. Instead of being based upon an anonymous report, we're getting some good news from our studies. I'd love to see us bust 3.25 today and close above that barrier.
Maybe that's why we're up today in a down market. $3.20 and climbing!
Ok, instead of buying my wife a $150 dinner tomorrow night, I'll buy another 50 shares of PSTI. That'll certainly be the catalyst we need.
Maybe I have it backwards? Now that the strike is settled, heavy trucking traffic will be needed to clear away the accumulated cargo.