poison pill can be renewed when it expires in june.
even with a poison pill the company can entertain bids they deem acceptable.
were up because weve been down alot and the stock is was oversold.
down on lack of progress since august and poor enrollment rate.
coupled with a sharp decline in the biotech sector in general.
add to it our financial situation + departure of the ceo + tax selling
so the stock had an exagerated downward spiral
but ever since the ceo left there has been a sustained rise in volume. yesterday is more intriguing because we went up 20%+ on big volume.
still a long way to go and a drop today will mean the rise yesterday is nothing.
something has to be in the works , or are we clutching at straws
been down for so long that any good day we get our hopes high up !
still a long way to go , but any rises now is very welcome till we get big news and a big turnaround
short interest after todays trading
SHC Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held