Organovo Holdings, Inc. (ONVO)

[rumper]

Crude Tried To Rally And Failed

When the last crude oil storage facility is full,
crude will collapse again. We're almost there.

I mention this because I think this will buoy
the markets, the other markets.

ONVO, however is nasty, and getting nastier.

Down 24% from Thursday. If it's going to cut
itself in half on this move, that will put it at $3.50
or so. Ouch.

ONVO, needed to get ahead of the sentiment
by showing genuine good news, and they didn't.

I think this news exists already, but it's too late
now. The horses are out of the barn and they
each ran in a different direction. It's going to
take a while to recover these ponies.

Pity. Dead money in a bull market. The shorts
probably can look at their screens and see which
priced shares were bought when, and they can
punish the share price until people sell or the
story is good enough to turn things around.

People who bought at $8 to $13.65 need to
capitulate, or the story needs to improve.