Expecting a pullback near term...
It's all about risk to reward for me. Great trade from my first post on this board at .22 from last week. The bounce has been tremendous and easy money has been made.
ONC.to recently dropped from .60 to .40 when the company delisted from main nasdaq exchange to the otcbb. If you take a look at the website they still have a ton of trials on going. Given the move in kbio I think it offers great risk to reward from this level. One of the early players in a hot sector. Even if it recovers the forced selling drop it could bounce 50%. jmo I bought it at .39. Cheers