I've traded this stock for almost ten years and I can guarantee two things:
1. There is always a little bit of selling pressure (as if some vendors or employees get paid in shares), so if there are no buyers it will drip, possibly down to .01 or below, in the next 2-3 months.
2. There will be spikes. Sometimes it is manipulation, sometimes it's news, but THERE WILL BE SPIKES.
Up until this Sanofi project, people who got in at .02 were pretty eager to get out around .03 (myself included), but now the resistance HAS to be a little higher. I think it's reasonable to expect to be able to get out around .035 without waiting too long, if desired.
I'm completely out and I plan on getting back in under .015. The insiders aren't going to let this company die. They'll find a way to fund it and keep trying for that lucky payday.
But Sanofi can't possibly trust this little company now, IMO. They have to be thinking (a) these guys are clowns, or (b) the Slovay results were wrong or fraudulent and our results are correct. I have to believe that if Sanofi felt otherwise -- if they thought there was a (c) -- Sanofi would have paid the $125,000 to redo the tests.
In other words, it sure looks like Sanofi was ready to walk and Mymetics begged them "Please please please give us another chance, we'll pay for it, don't dump us!"
So, Astellas came courting and ran away, and now I believe Sanofi is just pretending to care. How many more White Knights are trotting around? Hope I'm wrong but I'm setting my sights low again as usual, meaning, get in at .015 and try to get out at .025 or maybe .03 on a check from Bill Gates or some other bit of news.
Best of luck to all who remain.
