i missed it but will see if it holds 1.00 next time as i suspect the traders who have bought at 1.00 will sell out soon and once buyers wash out then shorters will try to push it back down.
dont think shorters will be scared off by this small announcement as long as the trump factor looms, and further tax loss selling may occur over the nxt week or two.
i think if it holds 1.00 next time and there is no news from trump in the mext month then that is the time to buy as the shorters may start to hedge and reduce positions before the announcement.
the mention of many pending fda applications in the announcement and in the recent presentation should give good upside over the next year, eslecially given that trump and gottlieb have committed to reducing time for processing and approving new fda drugs.
so ill be looking to buy around 1.00 in july if possible, but perhaps ive missed the boat and it will keep rising or perhaps a us legislation announcement will send it lower
who knows....
MYX Price at posting:
$1.10 Sentiment: Hold Disclosure: Not Held
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