RE:RE:RE:TaiMed Biologics up 20% in 2 daysI was not able to find any news item or other reason for the jump in Taimed's share price. Perhaps they are about to sell more stock and the underwriter is pumping the stock price up for that? They have about $25million in cash left, $25 million in debt and had negative cash flow of around $18 million over the last year.
qwerty22 wrote: Looks like they've had these moments before over the course of the past year. It hasn't stopped the slow decline of the stock.
SPCEO1 wrote: I looked at it briefly after the first 10% jump but did not find any obvious reason. But I need to look more closely.
longterm56 wrote: Anyone know what's causing TaiMed to be up 10% (max allowed on Taiwan exchange) in each of the last two days?
-LT