Looks like this stock is sell on the news and buy on the rumours
So previous to the trading halt - this stock was flying up 20% a day - with no announcements
Now with the announcement - it gets dumped
with no revenue - this stock is more sentiment value - if you believe it will do well in the future - you buy
if the future is unknown and unclear - you sell - regardless of the announcement like today.
this is with all bio med stock - look at pnv ( no news and its flying 7% up)
will have to reduce my exposure to this stock - bit risky based on market sentiment - who knows when the market will react negative again.
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