I was hoping that this will get closer to 75 cent, but it seems like there is a slow and steady accumulation is going on. I think we are at the bottom for now and should see this hover around here, before we get some general big picture of what management is planning to do. However, I think by the time things get clearer and with a definite direction for the company, the stock should be in the $2.50 range. Seen it too many times before!
Way oversold, it might still go to 75 cent and then will gradually go up very slowly. However, this is the time to accumulate and hold on all the way up to $5+.
It is getting close to the bottom. Almost all towels have been thrown in. My target is 75 cent....then buy buy buy.
They are working on too many little government projects and they will get funding after the shares hover around $.75 to $1.25 and then after a few fundings and any half decent news it will move to the mid $2 to mid $3 range and as they get to another phase III, the stock will move in to the mid $5's and then if positive to $9 to $13, if negative back to $1. This story has repeated now over couple of decades. XOMA is not going anywhere!
Buy now and sell in the $5's. Guaranteed a 5 bagger in a year!
Shorties didn't listen before and are about to get clobbered for a second time around!
Volume is low and should more than double from here by the end of the day. We should close above $72.
Sentiment: Strong Buy
Mother of all short squeezes in Cyber Security stocks. Can you hear the short squeeze squeal.