Post by
BobbyAxelrod10 on Sep 30, 2021 4:07pm
Why is NUMI so deep in red?
NUMI has been quite concerning as of late. No news, no progress. I just hope they are quietly chugging away!
Comment by
cressco on Oct 06, 2021 4:27pm
Because more people don't like it than like it.
Comment by
cressco on Oct 06, 2021 4:33pm
Jokes aside. Imo 2 things. One is that overall sector sentiment is rock bottom; two their biz model n philosophy is obviously not being being recognized by the mkt as to have future value compared to the IP bio tech biz model.
Comment by
ratsnake220 on Nov 02, 2021 8:32pm
its in the red because they simply are burning cash.....so it relies on momentum news....and the market timers and pump houses take it higher....Its kind of in no mans land now....6 months and cash is gone