This will not be a $2 stock forever...one good announcement -- and it's coming -- and this stock will shoot up to $10++ in no time. Traders and algos playing with fire here, imho.
Don't worry about it. I bought more this morning and loaded up when it dipped under $2. If it really takes off, this price per share will be a frigging joke!
This really is a gift from greedy shorties. Don't listen to traders who tell you "never average down"...you better be buying more here, a lot more...and sit tight!!
The only Baker Brothers sale is in the sick minds of short-sellers. Pay no attention to the clowns on this board. Google "Baker brothers NASDAQ" and look at their last 13F filings. They might initiated a new position in IDRA and i strongly doubt they dumped it. The stock is could reach its 50-day EMA but I would use this weakness to add or initiate a position. Great buying opp.
Will mark it when it hit $90 and you squeal like a short-selling pig!!!
The problem is you have no idea what you are talking about so you spread malicious lies. Want to know the truth? Short sellers are shorting biotech stocks, ganging up on Baker Brothers holdings in particular. But their strategy will backfire on them and this stock will EXPLODE UP!
One theme emerging from the earlier cohorts was that patients with bulbar signs "did not do well," Feldman said.
-- She is doing her job, managing expectations. This is a terrible disease and patients deserve to know the truth. Hope phase II results show more promise but she is right to remain cautious.