Fascinating to see what would be considered good news for any other bio-tech stock serve as a basis for the MM to drop the bid....have to hang around to see how this one ends!!!
MM's buying on a Friday afternoon with high volume before the earnings call next week = BULLISHNESS!
Aren't you off the payroll now dude? Conversions are over...classic turnaround day!!
The all clear hasn't been given on the converts....but it will soon!!!
"Banks" are selling their warrants to lower their basis in the company...so if their average/share cost in the loan deal = $0.70 and they have sold their warrants for $0.25 = their net basis is $0.45.
A bounce will come once the warrant selling frenzy is through.
Wow...i thought about selling until you're incredibly WRONG comment....simple R/S math not within your capabilities?
They have plenty of cash but probably will never make money....hard to evaluate share price in a collapsing oil price market....watch out for Iran's production.
If the price per barrel revisits $10 as it did in the '90.s...all bets are off.