Organovo (ONVO) Message Board

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Biotech / Medical : Organovo (ONVO)

ONVO 2.360

-12.6%

Nov 3 3:59 PM EST

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To: ACAN who wrote (87)	8/2/2013 10:49:58 AM
From: Zen Dollar Round	Read Replies (1) of 171

I hope so. I thought 5.00 was a hard floor due to the institutional investing, as it proved to be yesterday, but the secondary offering scuttled that belief. The new $37 million should hold Organovo for awhile, and hopefully they'll be announcing more partnerships and licensing deals soon. I think the shorts would be wise to cover here. Trader J is right, this is a longer term hold. A 10-year stock, as he puts it. Trading around these pops and downturns has been pretty tough to do lately. ONVO has been so volatile.

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