Not too much to worry about. Forget about the news or whatever, follow the chart. easy and simple.
Now it is only about 1/6 of its fair value. When it gets in to phase 3 trial, the market capital should be at least $500mln. Check how RPRX grows from ground floor since early 2010 when it started phase 2a.
Think about that someone gets the ipo stock of big names like FB and TWTR. In the case of WPCS, someone got shares at 20cents. Let them sell and go away. That's it. If you want to invest in this company, you should look at the potential of this company, not the past. The 20cents shares were the results of bad debt in the past. The dilution was there even before the new business started.
Wondering what if a positive review is posted. Will the stock price jump up $1? Probably not. So, my thinking is that overall shareholders over reacted to the negative reviews.
Suggestion: calm down. everything will be fine. CHTP management will try their best. They lose way more than us if they fail.
he did mention the number, which is said total outstanding will be no more than 23miln if all converted including new notes and warrants.
target is one of its customer, MA is global based company. It should not have much effect. What you need take notice is the retail numbers which are extremely strong in the holiday season.
Sorry, I can not agree with you. AMZN, PCLN, FB are shorted even more heavily. What makes those stocks moving up? Technical analysis. I am a trader/investor for living, quit job about 4 years ago. I doubt your strategies work fine for you. If you have mind setup before you start the analysis, you have no guarantee to get the correct solution.
Authorized share does not mean the outstanding share. Learn something before posting here, please.
Simply because it had a reverse split. After reverse-split, the authorized number is reduced to one seventh of the original. For the purpose of future business development, it is necessary to increase the authorized number. But this is not the issued share.
people may buy it few months later, not now. How many people caught in margin call? highly possibly, lawsuits will come also. Wish the company will survive such attacks.
I predict $5-6. Otherwise, $1-$1.5 with a NO vote.
The chance is gain $3 or lose $1-1.5. Return/Risk ratio is well above 2. It may worth the holding.