RE:Numbnuts ParadeI agree that there's some negative Nancy's posting dribble here.
A few points:
1. Yes the share price CORRECTED a bit today. What do you expect when a stock goes up for two weeks straight? It went from 15 to 21, so anyone who bought lower than today is able to take some profits. It goes up 40%, and so is allowed to go down 5%. No big deal. And the volume is only 236k shares, which is nothing when this thing can trade in the millions. Myself and others I know hold WAY more than today's volume.
2. You guys are also crying about SVA spending $80,000 on a 12 on more marketing, for only a 12 month commitment? Don't we all want this stock to have as much exposure as possible, especially as the story is getting better? You do remember that we just got USD $2.45m in additional grant money, so this is again peanuts.
3. Also if you read the Q1 FS, our YoY "Salaries, supplies, and contract payments" are LOWER by $88k. So it's not like management is continuing to mindlessly escalate expenses. At least for this first quarter.
4. An announcement of a Big Pharma partnership would be a pop in share price -my guess is much more than where we are now and so if people want to sell at a 50% pop from HERE then they can be my guest. That's what people do, they buy and sell. I don't care if they want to do so early. More power to them.
5. The only thing negative right now is the share price. But if you look at a weekly chart the stock has been under heavy accumulation -even through the recent selling. That means more to me than the daily sp noise.
6. Anything I'm posting is based on publicly released information. I don't have any inside scoop or anything. So unless I see a public release that things are going badly, then I will continue to keep my money invested.
J$