this is a buy for me, 5 leg was basically already completed ...
this is a buy for me, 5 leg was basically already completed before this negative news and had been in a downtrend since mid March
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BSDLucky : Why would you think there is a chance for turning around? Mind to share more ?
Johnny Mnemonic OP BSDLucky : it's severely oversold, buyers are showing a willingness to enter, 5 leg down has already been completed pre bad news(sell off), free float is below 20m, but I would like to see the turnover around 50% of the volume
70927684 : LFG!!!!!!!
Johnny Mnemonic OP : another positive signal for me is when overall sentiment is negative and you see allot of people hating
BSDLucky Johnny Mnemonic OP : Fundamentally it seems nothing else the company can offer at this point. It’s a “nothing” at this point as the hopeful candidate to pass the phase 2 failed “miserably” at this junctions. So, what make the team/researcher/company think ppl should invest in the company moving forward? It’s not like they have any ready product at one hand and R&D new products on the other hand.