Viveve Medical Inc. (VIVE)

[carusso]

Not this week; looks like they have agents placing $12m in shares at about $1, with market influences ranging shares from 90 cents to 1.00-1.10. Only about 25% or less of the 12M shares were placed so far, as far as I can tell. A lot depends on how the agents are going about placing tranches. I'm like you, trying to get back to par, and missed a chance the last 2 days. HOWEVER, the chart did not give me any clear sell signal on daily and longer intervals. This led me to "hold fast" for now. I think it can get above $2 by September if not much earlier. News and product acceptance are wild cards for technical analysts here.

Note we are also end of month, late May doldrums as well, pre-weekend, and after a long weekend, etc. I really don't see it falling apart near term, despite some 20% roller-coaster fluctuations. Forgive me if I'm wrong in my analysis. I am not a professional analyst.