InvestorsHub Logo
Followers 0
Posts 16
Boards Moderated 0
Alias Born 08/30/2016

Re: Sunofwolf post# 4589

Tuesday, 10/18/2016 1:17:18 PM

Tuesday, October 18, 2016 1:17:18 PM

Post# of 8169
There has not been a single point in the last several years that anyone had made a buck by holding for a couple of months..( except perhaps someone that was in under a buck well after the last reverse split and prior to the only run this stock had a number of months ago). Certainly not when there's no hope of meaningful news. A phase 1 cohort is not it, neither is starting a phase 2....

If history holds true (and management has proven there's no reason to expect change), this will be under a buck before q1 2017, requiring another reverse split to remain on Nasdaq... probably 1 for 10... bringing it to $10 prior to their filing an s1 to raise capital sometime in the latter half of q1 at which point it will drop 50% or more prior to the round closing thanks to everyone running for the hills... and then another 50% after the round closes when the new (discounted) shares get dumped... so I bet $2.50 (after r/s) or 25 cents (current dilution) by end of q1...

With that said, I'm staying put through the end (may dip out and in here and there)... because the science is solid... but the chances of short term (significant) gain is zero...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CLRB News