ATYR almost closed a financing deal, but ATYR declined since the terms were too favorable for the financiers. ATYR needs to find some financing for its next phase. It will be only a matter of time until they find it. They may have found it already, or may not for another year. Once they do, the stock will jump accordingly. After that, who knows? The worst part will be over, but there will still be many deciding factors of the company's future success. I believe the experience of the management is great enough to turn ATYR into a good investment.
We already know this is a risky investment. With so little public information, marketing, investor relations, etc, it seems miraculous that there exist any shareholders at all. Few people would invest in a company with so little volume and so much uncertainty. (So few, in fact, that any ATYR shareholder is more of a speculator than investor, in my opinion). Of course, there is a reason that there are shareholders. And that is the enormous reward to be made. Realistically, is this stock going to ZERO? No way. The management, the patents, the products, and the demand are all more than enough to avoid that scenario. Realistically, is this stock going to $100? Possibly, but not for many, many years. There are too many variables to extrapolate such things. Now, realistically, is this stock going to $10? Hell yeah! It's only a matter of time. Once the financing deal goes through, we'll see more confident investors/speculators step in. The boost in price will attract momentum players. There will be a period of volatility where many investors won't feel very comfortable. Momentum players in/out, in/out... Once earnings are solid, we'll see some institutional interest and hopefully this thing will takeoff.
Right now, ATYR is at $2.75, and it's still a good buy. Of course, do your own research and don't rely on other peoples' assessments of what constitutes a good risk/reward opportunity. The above comments are only my views/interpretations of the situation. |
