NYSEAM:YMI - Post by User
Post by
cacfaon Nov 20, 2009 4:26pm
911 Views
Post# 16509463
STOCK PRICE
STOCK PRICEI listened in to the annual meeting conference call yesterday. For those who did not listen in, I suggest doing so. Everything seems aligned for a huge run up in stock price in the upcoming year. Recently, it seems to me that everytime the stock tries to make a move higher somebody is actively pushing the price down. For the last couple of weeks, the stock price has followed a predictable pattern - it opens higher in the morning and then slowly declines throughout the day. Perhaps this has something to do with the proposed acquisition of Cytopia. I recall reading that the number of shares issued to purchase Cytopia will depend upon a 30 day average share price (the lower the price the higher the number of shares issued). Given the relatively low trading volume on YM Biosciences, this would be a relatively easy feat for existing Cytopia shareholders to accmplish. Below is a link to a recent write-up on YM's lead drug which I found very informative.
https://www.gekkowire.com/?page_id=366