I may be wrong, but since historical stock performance has not been good, it seems that more people would be interested in selling at these levels if there were no expectations about approval.
If this is approved, and some bigger fish start to buy in 10,000 blocks, 50,000 blocks, and larger, what will happen to the stock price with no sellers? The stock price is stable now because no one is trying to buy more than 1000 shares at a time. If this cancer drug is approved, I can't imagine that the BIG BOYS will settle for nibbling in 1000 share chunks.
If we get approval and bigger buyers, and if on one offers shares in volume to the buyers, this could give us some STRONG UPWARD PRESSURE. Tom D., you hold a nice amount of shares...please do us a favor and keep them out of circulation until $30 or so.......(it's your family fortune, so it's your decision, but)
Not that I know anything...
THC |
