It's acting like every other bio out there. I don't see an offering before some crucial data to drive the price up. An offering before data is a nail in the coffin.
Yep, I don't see much happening here until we receive data. Problem is, in the meantime this gets pounded extra hard on low volume, being a low floater and all.
Add into the mix the fact that every few days Hilary Clinton is tweeting something out about high drug prices. It seems that she's going to go after this issue hard which means this could be a very rough year for bios if she's looking like the front runner.
I tend to side with you on this one. I feel the whole "epic" short squeeze is something you could apply to any bio with high short interest. Just go to any other message board for any other bio and you'll see longs all saying the same thing. This stock is currently tied to the market which is looking like garbage. I'm seeing quite a few people talking about IBB dropping quite a bit further, $200 even. With IBB, CYTR will go, which will undoubtably be close to $1. I'm keeping very tempered expectations on here in regards to the share price acting a certain way on data release. The days of bios exploding on data is now a thing of the past.
Being a low float and all, it's been hit pretty hard lately and sitting at unfair levels, imo. There's not much volume lately, which is a tad surprising, but I think that's partly due to many not willing to jump back into bios yet. It's hard to believe we're sitting well under insider buy prices and the recent secondary price. Fundamentals have not changed here and we are still looking at a catalyst per quarter, through the first three quarters. Let's hope it's strong enough to drive up the price substantially if we're still in current bear market conditions.
lol... I love your posts.
Good for you. History doesn't always repeat itself. If it was that easy, we'd all be rich and wouldn't be posting on YMB.
I called as well. Sounds like a party or something happening over there? Wonder if they have hot dogs and candy floss?
That's what people have been saying for years now. We may see a small rally but just like the last move, any moves up will be sold into. Lots of bag holders here.
Bios look like dog #$%$ again today. Hard to see this going up in a sustained manner until we get some sort of a bio rally which is feeling less and less likely. Hilary continues to run her mouth off regarding drug pricing and I don't see her shutting up any time soon. To add to the frustration, a few bios I've been watching are having a hard time popping and sustaining 10% moves in these market conditions. It's going to take stellar results or a major market rally to get this moving again. Even seeing $3 again seems almost impossible.
I can't seem to find information on their entire holdings list, more specifically other bios that they hold. Any idea on what they're heavily into?
The share price is going wherever the general market goes, which nobody knows. Today is prime example.
How do you guys not have the idiotic aliases on ignore already? You aren't seriously giving them credit, are you?
Let's just wait and see what kind of ridiculousness happens over night to pull us back down again. What a rigged, manipulated pos market.