Wish I knew more about that one, I've only followed ASTM very casually, owned it awhile back,and then saw talk of a toxic convtible more recently. That one traded around a buck for awhile real steady these past weeks, despite speculation that it was going much lower-- I snagged some shares around 1 1/8 and sold half at $2. The stairstep each day is sure interesting but I only own a smidge, quote.yahoo.com
I don't generally like to post about trades in stocks trading around a buck, GLIA and GZMO seemed the perfect biotechs to throw out here-- and I own both long term investments as well as an extra third in each of those for trading, I could see the former up 50% in a matter of months, and GZMO could rocket any time for several reasons-- my stops on those trading shares are pretty low, if those trades go bad I'd probably throw them on the investment pile.
There is a biotech for less than a buck thread where we dabble in those cheapy issues, I guess my disclaimer would be that of the stocks on the BFLTAB thread, I do own that handful of astm, CNSI, and some KDUS-- that Cambridge Neuro is plenty liquid all of a sudden, the Cadus lotto tickets are not tradable, huge spread --here is the url for the thread: Subject 30612 |