Survived the winter from hell only to be greeted with our wettest June in history! Swatting mosquitos now! ;-)
Is this "the" moment we've been waiting for here? Time will tell!! GL
Actually, I'm in the no R/S camp, too. Think SIRI ... they had over 2B shares, I think, when they were about .10, too. Everybody kept screaming that they could NEVER get above $1. It's not unheard of with this share structure to make your way out of the weeks. PIR was about .38 cents and now sells for over $20, selling #$%$ from China. Anybody who thinks getting uplisted will stop the nonsense and this will trade rationally, hasn't owned many start up biotechs. As for institutional investors? Build it and they will come!!
With our share structure, it takes a ton of volume to move the needle. Need the R/S.
They can get more shorts on, but even if there were a market correction, shares will be hard to come by. They've done this before. We can wait them out ... can they say the same?
Also, July is typically a positive month for the market and if major economic news or geopolitical events don't blow up, OSIR is marching towards another great Q.
Another theory: with literally NO volume for days and days, the ONLY way shorts can pick up shares is to run the price up and induce some "profit taking" to loosen shares up. My opinion only, but it seems to have played out a number of times. There were NO sellers down around $16, so they will try to find some at a higher level from short term profiteers! We'll see ...
THAT's how they will fight for them ch47ady ... any volume shoots the pps up! They will have to be too clever by half to contain the upward momentum! Buy the dips!! ;-)
What, are you in middle school, or what? Show a little class, will you, fellas? Be happy with YOUR investment choice and move on to another playground. Why do you possibly care what is said on this board? It's like arguing over whether Ford or Chevy is the better vehicle. It's a big market ... Nobody will get 100% of the pie!!
As for the "somebody" in the wound care market ... they can't speak for themselves?
Some late day, 3rd qtr buyers showing up? And, some cold water thrown on the little rally at the close!
I "get" the elementary school teacher reference. I taught high school and "they" are a different breed!
"Old" news ...
Remember the last time they walked this down to under $5? Accumulate on the pullbacks ... tick tock!
Obviously no sellers, so our resident shorts can simply cap the price. But, WHERE are the buyers? Waiting for dips or news? Just wondering what your thoughts are ... (board trolls need not respond)!