Without exception, every otcbb stock is news driven. ACTC's news has been very positive and the stock is consolidating and is under accumulation at this point.
As for the "it's only red" comments....look at the daily trading of any stock...some up...some down...but the trend here is up for sure. If anyone here thinks this will be $2 next week or month....probably not....$2 early next year?.....again, a maybe! I do believe we see $1 again soon however, maybe even $1.25.
This time next year...very good probability. As ACTC mentioned in its cc a couple of weeks ago...clinical trials will be starting next year on several of their discoveries. Momentum / swing and daytraders always take the chance they will get caught with their pants down..one way or the other, either to late to the party or not at the party when it begins....risky business, that's why over 95% lose their money, like don't "tradelikeme"....I mean justradem!
Long traders bet the current good news pans out. I am and will continue to hold unless a definitive factual news event moves this one way or the other so much that I can't afford not to sell...one way or the other.
My time horizon is several years.....