Well it’s funny that all the charts we’ve had pushed on here turned out to be totally wrong other than nobody actually knowing where the bottom is now as all lines of support anybody has come up with have failed today. Most bios I’m in doing ok today but this one is a massacre.
In the last quarter they raised at twice the price it went to today and illustrated how duped the so called SI’s were that made a donation.
Fundamentals have changed, you now have a company that more than halved its MC in a quarter, with no news despite some huge pipeline all ready and awaiting a partner, and whilst diluting existing holders.
And yet we’ll all be treated as fools with more platitudes of being so undervalued and shovels to the gold rush, I think they’re definitely shovelling something and it ain’t gold.
They seriously need to address this as technically and fundamentally the SP and it’s accelerating decline are alarming, this is performing like a mining spec that just drilled a duster.
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