bfsworld - thx for the invite. have yet to do my DD but will look into DVAX. AFFY put me over the top - I was literally able to retire. My big winner these days is JSDA and potential big winner is TGC. Long term I also like GKNT. I also own a dozen depressed biotechs with buying by either insiders or by hedgies with good track records.
oubabcat, i respect your posts. nevertheless it looks like u were trying to guide stock lower going into the annual mtg and now are guiding stock higher. i thank u for the gift as the last month has been a great buying opportunity.
impossible to say. could be quarters, could be years. most memorable quote (for me) was by shareholder during a CC which was held around Passover. The company had shown profit and shareholder was skeptical about sustaining profit. he asked "why should this quarter be different from other quarters" (an allusion to "Why is this night different from other nights?" - typically asked by the youngest during the Passover seder. so investors expect little. but any positive results will blow everyone away.
you are spot on. the bulls on this thread created euphoria, driven by overly optimistic earnings projections. now its back to reality. stock is fairly priced with risk below $1 on any disappointments. it will take more than a few pennies of earnings to drive it above $2, although last year we did get back friday announcement to launch temporary moon shot.
There have been posts - technicals positive, teaming with consulting companies who know how to sell, new version of software, some actual promotion by company - now we wait for them to show results. This has multibagger potential - but they need to show results. That has been the problem since going public.
Its impossible to call the bottom. I think below 2.30 would be good starting point for initial entry, then add with time. The latter would be either in the low 2's if it dip or 2.40's if it doesnt. In an ideal world it would dip to $2, but the risk is it runs away. GL
bjct - needleless injectors. company is a ghost of its former self but seems to be turning around. i'm adding
tvtv - just recommended by goldman research (not related to GS). internet tv. i checked out site and it works. I bought today.
Both are small positions tens of thousands of shares but at low price.
Smart move - let the stocks come to you rather than vice versa. After the 08-09 crash it was very easy to find bargains in stocks of all caps. Now its maybe a few small caps.
have small positions in JAKK and STXS, looking to add on dips, will not chase. I'm building position in COSI, mirroring Lloyd Miller but on much smaller scale
Ultimately Zack must show that the organization knows how to sell. In the interim we wait for Godot. Several savvy investors hold positions and are patient. The stock has unfilled gap between 50 and 120.