This is not the first time and make not sense. But I would say, this should not change your strategy, fundamentally, this is a biotech with a working product and a $9M market cap. Once attention catch the eyes on the street with improve revenue and margin along with a profit then $1B market cap is cheap. This should be a long term investment and you can become a millionaire if you hold your breath.
watch the prince next Thursday... It should be doubled by then ... I have seen late reaction depending on how fast the news hit the wire.
You don't understand the basics here. Yes, 300M in the bank but they still generate $3B of cash flow a year, no debt due here, yes the balance sheet is a problem but they have 12-18 months to fix it. selling now is stupid
They have more than a year to increase the price above $1 but I am looking for way more than $1
Feel sorry for you this time. You have no clue what is waiting for you, my guess you will loose all 3 months gains soon
with all the good news I doubt it goes back to 52 weeks low if it hits $3. It may keep rising to $10 or so.
Mixing lies with facts is a criminal act. CEO did not resign. Company has working product and should hit $5 in no time.