Well, if you purely looking at technicals, which seem to rule when the market becomes a nasty free fall, there probably is room to it to fall further. We broke a major support at $5.72 (adjusted for split) which was a 1.2 million trading day back on 11-12-14. Next support after that appears to be a million trading day on 10-15-14, which saw the stock climb from $2 to $2.84 in a day, again price adjusted for split. Who knows if it could fall that far, but nothing surprises me anymore with bios.
You honestly expect an explanation when it comes to medical recoveries?! They are all different for different individuals, even if the same treatment regimen is performed. Everyone has a different capacity for healing and recovery, period, and no two injuries are alike.
Yeah, we get it, you sold, so now you apparently feel the need to perpetuate doubt. I sold a fair share too, but will not play that game.
No, you get attacked and ridiculed for rubbing it in with a smile on your face and being an unlikeable poster that uses a screen name to pose as a Dr.
Agreed we are not toast. The technicals though, along with a very bearish market, point to this going lower before it settles. So the question for me becomes, do I ride all of my shares knowing at some point in future, this down phase will be a distant memory, or do I sell a good portion of it and anticipate buying back lower? Tough to pull the trigger on such thinking when one has been long the stock for so long, but strongly tempted to sell and buy back later.
Interesting that Blackrock's average price per share based on those numbers comes out to $2.65, exactly where the stock s currently sitting at the close this past Friday.
I'll gladly take that rewind and repeat! Last year it kept going down leading into December until it hit a low of $0.16 on Dec 19, 2014....the date of your referenced post by hawkeye_mu4077. One month later it made a steady climb to 0.37 by Jan21st, 2015. I'll take that better than double action!
Quite the contrary...I believe overboard constant posting and replying to everyone IS agenda driven. I use message boards to glean facts and get a general sense of sentiment. But I trust pretty much no one on a message board, and my gut feeling is definitely not to trust him. Too much setting up by him of a singular expectation of the meeting and his belief if that isn't met, we should all consider it a major disappointment.....and down goes the pps. I have seen this game played in every biotech I have ever been in. Yeah, yeah, it is just his opinion, and this is my opinion....he's trying to hard to push his "opinion" on others.
It sure doesn't please me to appear to have been right on this, but it sure looks like it is on its way to filling the gap near $5.80. Wish it would just get there right off the bat tomorrow morning, then get back to going up and appropriately reflecting the recent positive news.