RE:trying to understand?The news first come out after the market closed on i believe a up day to close @.26. Since that time the fierce article followed & the volume has been pretty much zero & not a soul has even hit the ask which has sit below .26 mark since the first NR- can someone help me to understand this without being a sausage or if u must - just need to understand why? Just seems odd - I would of thought a few of the more positive folks would be plucking these off like crazy- at the same time pockets might be filled up regardless of the low SP.
I'll repeat what I said a week ago. Lack of interest is no surprise. The market doesn't get excited about what might happen somewhere down the road. The J&J deal is good but for unknown drugs on an unknown time frame. The Fierce Pharma article doesn't change that. IMO it will take news of an imminent clinical trial, or possibly a deal with big up-front $$$ or a big milestone payment to generate any excitement.