Agreed, coachzack. With the Indonesian situation cleared up, we should be back in the high 30s by the end of spring.
Understand, i'm not at all upset with PSTI. Mgmt. has been making all the right moves. I'm just frustrated that the market hasn't yet seen what a gold mine we have.
Well, voova, I am learning that what i think is a big event is different than what the market thinks. When we released the good news on January 22 regarding treatments for muscle injury, I thought we'd immediately zoom north of $5.
was that I really think the FDA approval was a non-event. When I heard that PSTI was trading in the 4.30s pre-market, I figured something big had happened. I'm glad that we broke out of our $4 to $4.15 price range, and we still haven't gotten news of a big pharma deal, or orphan approval of the pre-eclampsia therapy. That kind of news should get us up to $6.
I'd like to see us soon get back to the 4.60s, which is where we were about the time of the Jan 22 announcement. I don't understand why the pps declined afterwards.
Allo, don't let the idiots rattle you. They attack you because they know you're providing good information. Keep up the good work!
We need to get to $3.86 to recover yesterday's losses. Then, another $.25 upward move to $4.11 gets us back to Tuesday's close. After that, a recoevery to $5 gets me back to even!
I'm surprised that you acknowledge the possibility that HK could go to $5.50, given all the bashing you do.
I don't think we'll fall at all. Yes, Floyd has a lousy bedside manner, but the bad news is already out. Maybe we'll get lucky and somebody will clarify the asset sales and we'll get a little run.
And thank you, poverty sucks, for bringing up an important topic. If indeed, no secondary is needed, we won't have to worry about dilution.
Your $3.70 guess is close to what I was thinking. I think we'll see a slow, steady rise this p.m. I'll guess $3.74
Looks like we're stabilizing around 3.60 pre-market. The sellers are probably focused on the EPS miss. But, as the dust settles, I think you'll see more positive comments regarding HK's increased production, reserves, etc. We should be back to the 3.80s by next week.