And it is getting pretty scary close to it. They do not care about you , $$$$$$$$$$$$$$ are first and only thing they care about it...Fact!!!
Lets do it in way that no one will die from their ugly poison business . Lets boycott the chain until they disappear. Show your support because they used you to make you sick for your hard earn money....lets disable them for good.
I would never call person basher because he or her have negative or less favorable view than others especially when those posters are right. They posting about something what at the time looked like it could never happen to this stock, but it did and look how many institutions closed their positions in last 2Qs. That is alarming but "bashers" were right again.
In company where is or should be (as some see it) huge potential, stock would never be trading near its 52 weeks low just 2-3 months before what they say will be awesome news. Why such small float stock has such large short interest? There is something wrong with this picture.
I think he meant 80% in general not just in AML. Basically he is right as this info, you could get in many publications about very low probability of small company getting successful in cancer field.
And I am so glad I did as stock proved its self as total dog. We have another rally and stock is not moving at all to the upside. I could never recommend stock not participating in not just one rally but numerous we had.
I don't like the action at all. Most likely it will drop to the close or fake trade will make it shiny again?
Stock what do not participate in the rallies are usually doing it for strong reasons.
No revenue coming in and those are facts. These small few people bio labs have very little chance to get big with their hopeful drugs in the research. There is much higher risk than rewards in 98% cases according to biotech study over last 30 years. Cancer is the toughest one.
Each time those blocks appear, stock drops further. I think secondary is around the corner and pay4play could be right with price for that around $1.20. Opportunity to buy then?
I see your point. More longs are arguing against I have to say smarter people than them , stock is going lower further. First it was regular pullback, than it was because of IBB, after that it was because of market and than it was shorts and so on.
Today there was pretty strong rally across the board. Majority stocks including bios, especially those beaten down were nicely higher participating in this rally. Why CPXX went down further ? I see only one event and that is coming financing with strong possibility of hefty share dilution. That's why we saw so much short activity in the trading as they are positioning them selfs for the next step down.
My 2 cents.
If I wouldn't see the data I would be scared but reading the results and more coming in next presentation I am fairly confident and will add more if stock get back to mid 2.20s.