SRX 0.00% 17.5¢ sierra rutile holdings limited

still getting sold down heaps - bad half yearly co

  1. 4,504 Posts.
    This is MY favourite biotech guys! It has a PROVEN product with sales all around the place already.

    I have no position in it as such but I watch it on a daily basis.

    I've noticed it has consistantly been sold down lately and by the looks of things it's going to $2.

    My belief is that insiders are selling out because the half yearly report will be VERY dissapointing and this stock could get dumped HEAVILY. When that happens I will be looking for a long term buying opportunity but there is NO way I will buy before the half yearly because I reckon it could be a shocker goin on the last couple reports which have really dissapointing.

    SRX - an awesome bio but one to steer clear of I think for now.

    Any comments?
 
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