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Re: BoredMedStudent post# 9177

Tuesday, 07/18/2017 8:01:35 PM

Tuesday, July 18, 2017 8:01:35 PM

Post# of 9913
Well, it has been nearly 2 months without a peep from the company. I notice that there are buyers stepping in whenever this drifts too low, but unless someone from the company decides to fill us in on the company's status and status of its trials, we're simply gonna drift lower in drips and drabs.

On the bright side, there has been no massive dumps of shares at all. A few big sellers exited positions, but volume has remained pretty slight for months.

I think that if the company announces a new CEO, or gives an update on their trials, or even just says "hey we're still here", this has the potential to gain buyers. When it does move, it moves very fast.

I am still sticking by my assumption that the company did not secure financing and elect a new board just so they can fade away to nothing. At some point, we will hear something, and this will jump. Until then, I add a few shares here and there on down days and focus on the rest of my portfolio. Not much else to do...
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