I'm accumulating, schroe ... but I'm such a logical person that sometimes I have to disconnect from what I am seeing and what I "know"! lol As with CEMP, that "disconnect" pays off if you're in the right place, right time, right? lol Remember how CEMP sat there in the $10-$13 range while others soared? Then, "kaboom"!!!
Yes, you need at least a .10 swing ... it's not happening other than at the open. It's trading HUGE volume in a very tight range, which I maintain is signaling accumulation, not trading. That's what I see yesterday and today ... until the pattern changes! Each to their own! I'm not tempted to swing thousands of shares in a .02 range ... you have to be more lucky than good to do that!
Just lost a good friend to brain cancer a couple days ago ... heading to Green Bay for the funeral tomorrow!
Thanks, Schroe ... it seems like a "value", still. How do you think it compares to CLDX?
Are you an investor in CYTR? I followed them for awhile back when they had their "scandal" and never bought in because of it. Then with brain data, it felt too compelling and I started accumulating in the $3.30's. Couldn't believe the huge volume and the MMs kept it at that level and now, again, today. Great data and they're sitting on it. Any thoughts? Unfortunately, I thought it was breaking out and I added some pre-mkt in the $3.70's. It's all good because longer term, with the FDA lift, etc., it should go higher. Appreciate your thoughts!!!
CEMP is in a world of its own now!!!
Are you in this, too? I feel much better now! ;-)
I know it is a private placement ... but, the size is significant to market perception. Believe me, I KNOW retail would not get the shares! ;-)
History does not always predict the future ... but I see your point, danny! Hopefully, there are things going on behind the scenes ... positive things??
It's only 5M shares being offered ... won't take long to chew thru that. Accumulate at will ... there's a new floor! JMHO
That is generally the play ... they make $$ both ways! Look ... the way this has hugged the $6 level is VERY positive on the back of the pricing!
Nearly 12M shares added by institutions over past 6 months? They aren't going anywhere anytime soon!!
That's what I was thinking right away. I owned CLDX on the news and bought CYTR on results thinking theirs was more positive. Having a hard time understanding market reaction. But, consolidation today was good. Doing more DD and will accumulate til market wakes up!!