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Re: Ubertino post# 12929

Thursday, 04/30/2015 2:46:32 PM

Thursday, April 30, 2015 2:46:32 PM

Post# of 40491
Should be and would be if market confidence had been established with a strong institutional investor base. Longer term the prospects for INO remain strong (imho) and $20 should be easy. But for now this sort of move just encourages the traders.
They should have consolidated the business model rather than harvesting a short-term upturn in the PPS.
I am long INO and have been for several years. I see this sort of abuse of investors and ask myself why don't I just flip it like the rest next time it sticks it's head above the price parapet.
That mindset & the price volatility that goes with it discourages institutional investment.
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