RE: Back to the Roots ????As to where the price will go is anyone's guess.
Things I am looking at and why I am on the sidelines is that I believe the general concensus is that the company gets the Phase 3 approval.
So, imo, not a big surprise and would most likely warrant a price spike until the market would then realize that this is not a quick process and it would take a lot of time and money to continue forward.
The mm's would have plenty of time to manipulate the sp back down again.
On the flip side, they do not get approval and it is most likely the last nail in the coffin and those who still hung on to the stock when it hit .19 are finally fed up, sell what they can and become the new bashers of the stock and the company.
Either scenerio, really doesn't make one want to take a position at this time.
Imo, you wait for the next round of news and see if you can get in and out for a quick little profit.
Other than that, the risk/reward scenerio is just too great and any investment could be wiped right out...again.
Probably will be told that I am an idiot, basher, blah, blah, blah, but sometimes those on the outside need to give those on the inside a little kick in the head so they at least think out of the box, if only for a brief period of time.
Happy Trading all,
Mediascan