If you're long 40k here then I'm guessing you're not really a rook and understand how biotechs work. This will be manipulated downward until one day they release news and it's a double. If the news is not good it continues to go down, but I'm pretty optimistic based on what I've seen so far.
Clearly a lot of traders getting out. I agree that it will stabilize then move up again. I wouldn't sell here. Not sure I will add more or not.
Why bother..these law firms have no credibility..they are just trying to muster up some business and cheap advertising. That said, this fact doesn't validate ISR as a worthy investment opportunity. Look at ISR the company and the bottom line sales and growth speak for themselves.
So when you make comments like this they it makes you come across as ignorant about the company. When they have close to $5 in cash with little debt I don't see how this could go much lower than say $4.50 in the next 6 months..and that is in the worst case with huge market pullback and no good news.
Been holding on to a small position and realize it's pretty much a waiting game. I wish I was as confident as smiles, but it's getting down to where it's looking attractive to buy more. Probably will add a bit if it falls to $5.50ish, but I really feel major news is still at least 6 months away so no urgency.
This makes little sense as well. This means even if sales were to increase their costs are way too high. Not sure if some of this is a fixed cost component. But, you hardly ever see negative gross margins..this is a huge red flag. What has the company said about this? If you don't know the answer to this then you shouldn't even consider going long.
However the facts don't lie..this stock is going down everyday in a strong bull market. This should continue to slide until they announce improved sales..at $4m in annual sales with no increases over the last several years this doesn't command a 80mill market cap. So the stock will either adjust downwards to 50mill or less or they will start to deliver. I'm not willing to bet on this company.
I hope so for your sake because right now with annual sales under $4mil this is valued at over 20 times sales which can't sustain. If they only are achieving $4mil in sales in 2015 and 2016 the market cap will fall to $50mil or less.
The news was out before today and it opened higher with volume today. So today's reaction can't be to the news. I know they had a conference today, but that was to discuss what was already public I thought. Leads me to think that lots of money is placing bets that FDA approval is coming. I think based on the way this opened I feel there is nice upside coming. I bought some today and hope so anyways. Don't think this was a pump and dump reaction because the stock only went up about 20% before slowly pulling back with the rest of the market. Next week will tell us more..
That's almost an insult to any intelligent long..he should be buying 100k shares at least to show confidence..10k is peanuts. 10k looks like a pr move not a true belief in company imo.
I agree with you. They would have to be dumb to write something like that and post on twitter. Any response by ISR would come from a lawyer directly to the Street..not via Twitter.
Please tell me that's not what they wrote..that's sounds like some bozo pumper from this board..I hope their letter didn't say the above or they may need new legal team.
I don't believe in ISR, but I don't think they did anything illegal. Yeah they are pumpers and have always put out news with a positive spin, but tons of companies do that. What they stated was basically true just the impact of the study may have been overstated by mgmt, but they have the right to that opinion. They won't go to court..ambulance chasers is all it is.
What do you expect him to tell you..that they have no real new sales and that they are screwed even if they were. He basically told you nothing and you think that's good news. It's neither good or bad. Just wouldn't feel better or worse based on what he told.