I've been working hard to find the next BIOTECH under $5.00 and believe "GERN" could get bought out.
If any of you have some small cap bio's you'd like to share, post them.
CAUTION....Don't become a bag holder here.
Yes you did. Nice call. Pretty much done trading here. Taking the wife out on our road bike to Lake Cushman in WA state.
Can't find any news wire on today's pop, but undervalued usually finds buyers and perhaps short squeeze as well. A close above $5.00 could set up next week for another pop, especially if there's a catalyst I'm not aware of yet. Many institutional investment entities won't buy stocks under $5.00 per share.
BUMMER I didn't get a chance to buy back some shares in the 3's lol
Once approved, it will be interesting to see the pricing of treatments, especially given the lower patient need. I was an early investor in the 7's on DNDN and sold all shares day of FDA approval. The drug was so expensive, the company went from upper 50's per share to ZERO. My only regret, I failed to short after dumping my long position.
Look at the patient need at NERV. It's huge and one to keep an eye on for buys of the stock if and when it comes back in and ahead of PHASE III results.
I tried to get you in EARLY, but guess you da penny stock dude.
Makes me think something big could be happening ahead of next Tuesday. Perfect time to release upside news if that's the plan. Great volume this early in the day as well.
Guess I won't be getting my 3's anytime soon lol.
If not a public company and assuming those running this for ever non profitable entitiy, pretty sure they would've jumped ship long ago.That said, pretty obvious most shareholders here already have.
Answer: Never because you can't even do basic elementary DD.
Blah blah blah......Yes I understand. All you "LONGS" made a killing as this stock tanked from $2.50 per share. In fact, all you longs here some how make money each time this stock tanks under a buck.
Funny how none of you EVER post real time trades, but yet here's another after the fact long claming how much MONEY he's made.
Maybe a good short here.
Not going to happen lol.
Further shareholder DILUTION is coming soon. If not, expect CHAPTER 11 ?
IMHO, it doesn't appear there's many if "ANY" large shareholders here. Yes the insider selling continues to no ones surprise, that has a clue here.
If I was the CEO, I'd suck every dollar I could outta this turd and take a long vacation.
FULL DISCLOSURE of partnership milestone payments isn't to much to ask for. Tossing out a potential value of $600M came with ZERO substance. Don't throw me a bone with no meat on it. Sick of INSIDERS who treat shareholders like that.
SHAREHOLDERS should demand details of each milestone agreement in it's entirety. Less than that is BS. Where the hell do they find these wannabe CEO's.
That's why this stock has stalled and volume continues lower each day.