In my very humble opinion there might be a nice potential for a short term investment. Considering the fact that many people consider the whole sector overvalued these days is important for 2 reasons, imo.
Good investment: because the whole sector is overvalued and this one has not started yet.
Short term: because the whole sector is overvalued.
And this is otc, nothing else than over the counter. So I would add another time: short term. Because better be safe than sorry.
Depending on the entry, if there is one, I would suggest to trade the wave, if there is one, and sell. Then wait to see the market decide where the bottom is and if the company is worth re-investing in, then it will be a whole other trade. I've never been to Omaha, but I doubt the oracle likes the sector.
Looking at the chart I think that perhaps the company needs money for their expensive scientific researches. Could there be possible hints in the latest 10k?
But yes, short term investment, ride the wave, if there is something behind maybe go back in.
jmho
A certain msg has been caught when I was thinking of possible quick profits. I will mention that my intentions were to share a possible opportunity.
