RE:RE:This is bad... the last time i saw trading like this is when they first got their patent the stock jumped up just past the $1.00 mark. Then the shorters and day traders stepped in and kept dropping the sp so that they could buy more on the cheap. Which is a logical move. Unfortunately they didn't stop. They kept pushing it down and buying more pushing it down and buying more. When Medmira needed more funds it would take more stocks to get what they needed to do their R&D. Then the borrowing or should I say using the stock in trade for money and options began. Which of course dropped the stock down further until it hit the .015 mark.
So now we have a second chance to do good, and what is happening? The same friggin thing.
THe longs have a pretty good idea of what I'm saying and it is probably leaving them with the same feeling as before.
So yes you can drive the sp down, down and down, buy your cheap stocks and pray that it doesn't happen again. Catching a falling knife can be very painfull sometimes.
History can repeat itself. Soooo sad.