Saw that too. By "bait bids" do you mean to induse higher bids?
in a long term holder, nearly 5 years +. It's been an extremely frustrating stock, hopefully we get some news regarding Promarkerd and maybe some commerical deal with Janssen.
fingers crossed, the news on the most recent presentation slides were nothing significantly new to the market, and by the increased volume and activity, I think it could be more about "connecting the dots" by long term holders and "reading through the lines".
this is a no bull company, and as said early isn't a company to announce THs to pump their stock, the team are focused on the R&D and creating real value for the shareholders. I once heard that "Good things take time", I've held this company for the longest I've ever held a company before in my short investing career, and I really hope this pays off in the next 6 months. It's exciting times and an exciting place to be in. It's an under valued stock and has been for so long and the float is small.
if we get some big institutional buyers and higher volume, the stock could really take off, hope for some re-ratings and significant commerical deals.
will be doubling my holdings if it's a big announcement.
Good luck to all the long term holders.
PIQ Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
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