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jessellivermore

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jessellivermore

Re: marzan post# 116287

Tuesday, 10/17/2017 4:44:14 PM

Tuesday, October 17, 2017 4:44:14 PM

Post# of 424170
marzan...

Quote:.." Low volume drops by MMs to take our shares from the impatience ones."

The rule in biotechs which have not reached the point where their revenues are self sustaining, is the PPS will drift lower unless there is some positive news...Chances are very good that we do get some positive news before August 2018 when we should know the R-I results..Big question is when or what the news might be...

Unless you need your trading fix...IMO you should not spend much time or effort on the daily PPS...Historically there is a reasonable chance the PPS will start a gradual rize in Jan in anticipation of the upcoming positive R-I results....Trading this stock could be hazardous to your wealth...

":>) JL

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