EyeDrMike, Re:
" With over 30+ million shares traded in last 14 days, and virtually no change in price, it certainly seems as if someone is buying; ".
Agree. I think the same game playing that goes on with all micro/macrocaps all the time goes on here. The institutions are rushing the price of the stocks up, then they sell on some kind of
rumor ( called downgrade, gg ), they scare the little guy out of his
pj-ays to sell at a loss, having previously bought at the high, without clear knowledge of what he/she was buying into.
Nice jump in price today at the end of the session, as investors were trying? to scramble on board for the New Year ?rally.
Certainly the stock is dirt-cheap here. Stocks have remained dirt-cheap for quite a while in the past, and everybody kind of takes a look at it, takes it for granted that it will remain dirt-cheap for the foreseeable future and that they will have time to buy into it.
Of course that is not the case always, and we have seen sudden
20-30% run-ups in stock prices/day in the past. I suspect that we'll
Be heading back up soon.
For those that feel 100% certain as to the course of future ED therapy with the pill/PFE etc, I would highly recommend seeing movie
" The Titanic ", were they were equally, 100% certain that it couldn't possibly sink.
TA |
