RE:RE:RE:RE:RE:RE:RE:J$ summary I agree with clutchbuyer. The money involved here is chump change. I nearly have the amount of commons involved in this deal. There is more than meets the eye here, not just a quick cash grab. Insiders have not sold anything yet, if they knew a PP was coming and were as shady as people here are making them sound they would have sold some into the rally and topped up with a warrant to boot. You can't have a year and a bit of runway left at this juncture. Pharma needs to take you seriously and see you're equipped to go the whole way without their help. Could they have done the PP at 2 bucks, probably not or else they would have. I wouldn't have paid 2 bucks after a meteoric rise like that, not a chance. The stock has barely been trading over a dollar for a month. I never liked management because I think they are inexperienced and get bullied around by everyone. But they are progressing well with the science. Much better than I expected. I got burnt with buying at 1.65 and all the way down to 1.20 but it was worth it then and nothing has changed except for a few million shares. I'm not selling any shares. I'll let you know when I do.
could it dip down, sure there will likely be some shareholders holding from 30 cents and below who have had enough and sell their positions and move on but I would like to think Canaccord and leede will be there to soak it up. You don't put out a price target of 2.50 for your firms clients and then screw them.