Welcome to biotechs, where:
* companies will not have any revenue or hope for revenue for many years
* your hope is invested in intellectual property, and usually just a couple narrow pieces
* companies raise just enough money to not dilute the heck out of themselves, but probably need to raise more to dilute themselves
* the price is dependent on a few binary events
Not many of the current buyers bought for the science. The science has not changed nor been proven a failure in the past year. People bought for other reasons, such as according to analysts who decided it was a buy at 10 cents, and a sell at 2 cents a couple months later (huh?!?). Unfortunately it's all driven by market sentiment and my sentiment does not change according to stock price unless the executives are all dumping. So I still stick by what I said a few months ago. It is a great risk to take at the 2.5 cent issue.
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Welcome to biotechs, where: * companies will not have any...
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Mkt cap ! $26.41M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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22 | 9749314 | 0.4¢ |
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Price($) | Vol. | No. |
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0.5¢ | 6184296 | 27 |
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No. | Vol. | Price($) |
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22 | 9749314 | 0.004 |
18 | 13940755 | 0.003 |
5 | 4900000 | 0.002 |
8 | 13200000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 6184296 | 27 |
0.006 | 4183776 | 13 |
0.007 | 3443975 | 6 |
0.008 | 4842200 | 6 |
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