so don't base it on fundamentals or growth or future or that there is nothing to buy into and its super thinly traded and could pull the rug at any moment, plus insider sales of 200,000 plus a 2 million share stock dilution and the trial was only 8 pts and some dogs and just BUY?
u r a smart chap
when they dumped 40,000 shares.
all you new bag holders today or shorts who covered too soon. patience is key. this is a scam stock
only lower lower lower. they can even find anyone to buy the offering. they are trying to prop it up to make it look like the valuation is fair but no volume. big boys aren't fools
without support. theres nothing to keep this pos up. they put out what? 4 PRs in a week. todays was the most desperate of all and market didn't even fart on it. another bad day tmrw 40 will be bye-byes. can't believe anybody actually bought this today, mustve been some covering in amongst the bots selling back and forth to themselves on low volume. but nobody could seriously consider buying this anywhere near here.
the ultra bullish chart pennant had a lot of technical traders alerted, but when they found out about the raise and the over stated reason for the near 100% rise, they stayed away.
offering has to be $35 at best IMO. and even then who is going to fill that? they been doing their best to keep this at 42.50 to try and go for a 40 offering price but that is just ridiculous.
8 PT trial, some dogs, an IPO at 16 in November last year, years away from anything that might be remotely positive trials.
good luck to any long holding for the next two years waiting and waiting.
Sentiment: Strong Sell
they just announced one, big $115M dilution. waiting for the pricing. are you on bath salts?
yep volume has vanished so they can trade to themselves. bids of 1 and 5 shares showing up to stop it falling, with bids of 1000 below it. less on the ask and bingo it goes up or stays afloat.
nobody in their right mind would pay $43 share for this company that is years away from anything and has no real meaningful data. 8 patients???
so obvious they are trying to prop it up with all these crappy PRs that man nothing so they can try and get away with pricing offering at 40. highly doubt they will get that filled, def not oversubscribed. this smells of a scam
not at all, the point is the market is rigged. look at open action in ache or orex on friday. don't kid urself, ur a little guy too, these r the kind of things that need to be stopped. theres no justification for the way this stock has traded since june 15. and today - half volume and was up? with no news and an offering pricing coming lol.
the secondary and the insider sells are red flags for SEC, will be interesting to see where this goes, you should support it.
this needs to be investigated. half volume trading today yet its up like no other day last week on much more volume and no news, no secondary pricing yet, insider selling, level II clearly shows alto/bot manipulation
heres the form link
maybe they are having a hard time finding takers, its ridiculously overpriced
priced anywhere near $40 i doubt it will be filled
you sir are a madman, this will be single digit midget in 2 years. one trial of 8 pts and this is up nearly 100%? nothing proved, years and years away from knowing anything. one failure, which will come, will crater. who didn't take profits at this juncture needs their head examined. you say insider selling is insignificant thats very stupid. if it was so great why would they sell?
Protalix BioTherapeutics Announces New Data on ELELYSO(TM) (taliglucerase alfa) and Oral GCD to be Presented at the European Working Group on Gaucher Disease 2014 11th Meeting