RE: EruditeInteresting hypothesis Schiff. That burst right before warrant expiration never did sit right with me either but the complexity of those things is mind boggling sometimes--- even with all the facts.
I hope you aren't correct.
I tend to think that we are just in a bit of a stalemate right now.
There has been REALLY flimsy volume for the last 2 weeks and it is, in my opinion, a bit of a stand-off.
Those who believe are IN.
Those who think it is trash... they are GONE.
The most stark reality is that there likely are not that many of us who are even paying attention to this right now.
The FDA Minutes, while a breath of life for those of us who are heavily mentally invested, is really pretty 'HO HUM' to the people flying around at 10,000 feet looking for price movement and volume surges to keep their attention.
Our trading action since November has been really boring to an outsider I would guess.
News followed by little movement indicates to a newbie that there is nothing going on so they move on to a junior mining stock or a potash play and pay no attention to this 13cent question mark.
Where did the 15s go. I would propose that anyone at this point who thinks it will go to 15 ACTUALLY thinks it will go significantly higher than that.
It is STUCK at 13 // 13.5 // 14 so if it 'popped' (ha) to 15, it would mean that the genie is out of the bottle and this person would be sold out and then need to race to catch up.
I agree with you completely.... news of some sort is coming soon. Hopefully VERY soon.
If it is bad... the 15s wouldn't matter at all.
If it is neutral....the 15s wouldn't be touched because again, it is just US paying attention anyway.
If it is positive / very good .... the release will get broader attention and the 15s would get eaten immediately and the seller would be full of regret.
Just my guess.