I do not think it is beginning of a 'Pump-and-Dump'--could find no posts on SI pumping it, and as far as I can tell, the Yahoo thread is gone (maybe they drop them after awhile when a stock goes BB)...and it's not an internet stock, think all the P&D is pretty much that sector right?
So...I'd say it is probably a real signal that somebody is getting a few shares...and I do mean a few, that certainly was not enough volume for the P&D crowd to get interested I think--
We should be not too far away from seeing an IND filing for MS right? {Or is that already filed by the time the listing on recap says 'Pre'?}
Anyway, recap has Pre. for Diabetic Neuropathy, Peripheral Neuropathy, and MS, the rest all still as Leads. As far as Edgar goes, nothing I could find since the 10-K on 3/31. There are also several listings for pre-clinial work for 'CNS 5065 series/1237 series', that is the reincarnation of Cerestat...again, I am not sure, heaven forbid the company should actually keep shareholders apprised.
In fact, the only thing I've gotten from the company lately is a postcard, with which to request that they keep ya on the mailing list. I hope after they get all those back they send us out something, throw us a bone...
I sort of wonder if Bayer is just going to take them out (any tax advantage, losses to take advantage of?)
So, as long as I'm here, with nothing useful to say unfortuntatly...what price would you fellas be happy with if cnsi just got absorbed. Seems to me if they did that, a person would lose all the leverage in this stock--after all with Bayer picking up the bill for rhGGF2 I think I'd be willing to let my shares just sit for the five years or so that it would take to get far enough into clinical work to be discovered. Suppose cnsi gets bought out for a few bucks a share...increasing the market cap from 15M to say 50M--is 50M a fair price to pay for something that could be a billion dollar baby. I guess I'd be relieved on one hand, but disappointed on the other.
Just some thoughts, always happy to clutter up the threads... The best thing would probably for cnsi to just get absorbed into a much bigger biotech or pharma company. I mean let's take a step back for a minute--remylenation would be something that could help a lot of folks suffering from a handful of CNS disorders, so just get on with it, whatever gets things moving faster--I'll be perfectly happy just to have my money back to chase other ideas, or maybe go back to some short-term trading for fun.
Plus...it's no fun looking at my shares and loss posted in red when I check the quotes. Maybe time to stop checking the quotes, heheh. |