ETRM - IMO, their delay of their ADCOM really hurt them along with their ATM that they've been using. i think the ATM has been pushing it down a lot. First their ADCOM took longer then expected to get, then they get it and then it's delayed, and combine that with the BIO selloff and then even still, the June Adcom date was just too far off.
It's still too far off right now though and there's also info of them wanting to increase their allowed shares. i don't have the link in front of me, but it's a lot. I think 75M more is what they want.
I'm just hoping for a quick pop back to the $1.90 area to get even. There's the 200 DMA at $1.61 which I should have waited for and will probably be tested. But can't always be in front of computer and don't like placing blind bids.
With any type of IBB rebound (even temporary), it should move fast back up to $1.90-$2.00. Just my $.02
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
