DON'T even tell me this is priced in here! Biotechs are getting whacked AGAIN. Oh well, as the dust clears, we are seeing progress!!! Talk about credible accounts!!
It's all about pricing. For example, ABBvie and GILD are negotiating agmts all the time with pharmacy mgmt. systems and they don't disclose terms.
Well, for God's sake ... what is the risk/reward being short NBS at $3.50? WHO wouldn't cover? It's about time, we see some positive direction!
Of course, the market is rigged against us. Even members of Congress get to inside trade. But, the trick is to KNOW what you own and when they're giving you cheap shares, take them and don't let them shake you out!!
It's still cheap ... and I wonder if that 400K+ block at the end of the day Friday was "expecting" news?
No, my point was that they drop the pps down on 100, 200 share sales, but if I try to buy at the higher ask, the ask immediately was raised! They wouldn't hit MY bid, but it was there as smoke and mirrors for most of the day!
momentum is gone for now ... need an announcement of some sort to maintain it, I think! C'est la vie!
I hate conspiracy theories, but the fact that we don't have upgrades from the "bigs", with a more realistic target price (I'd say a 12-month target should be at least $33), I am assuming this is being accumulated. Once they have their shares, the calls will come out! It's a rigged game!!
As I watched this go from the $7.50 area, where I had exited, I never wanted to chase it up. As it neared $12, I was really kicking myself. Well, to add at $9, initially and finally today just over $8 is just plain common sense!! BTW ... there's room for MDXG AND OSIR!!
Thanks, itsa ... guess I missed the volume on the early part of the move. Larger volume indicates some short covering? At least theoretically. But, now it is easy for them to lean on the pps to induce profit taking. Might be same song, different day? You're right ... the only long term remedy to this is some indication of progress?
Thanks, stockpriker ... very nice sentiment and I appreciate it! It certainly pays off big-time for me right now! Helps me keep all things in perspective ... I only have two daughters and always wanted a boy. Now I have TWO grandsons! Amazing how you remember what unconditional love is!!
My response was rather facetious ... I just get impatient when we know how ridiculous it is that NBS sits here with a $3.50 handle and ridiculously low market cap! Makes you feel like you're in a parallel universe!
Appreciate your thoughts!!
You're not saying this was a "low volume pump", are you? LOW volume? Oh contrair!!! The volume was significant!! And, the volume on these pullbacks has been less than convincing and probably more to do with market sentiment than UNIS!
With the skittish market, I opted for stability and added 2K more shares of OSIR at the open! It is clear that market sentiment towards OSIR has changed! No more Rodney Dangerfield ...
That ZIOP partnership, imo, wasn't all it was cracked up to be. MD Anderson was paid with millions of shares AND ZIOP is paying them to run trials and research annually. I read the 8-K and opted out. Great collaboration, but it won't help the pps shorter term!