Gene needs to get his FDA hype rolling.
When the market bottoms out, a wave of noobs will pour in with a truckload of new money and an insanely high risk tolerance. They will throw money at pennystock biotech FDA plays.
In 2008 the PPS of some really horrible pennystock biotechs went through the roof, I'm talking 500% to 1000% increases, BEFORE the FDA decision. On a message board, I asked one of these noobs "Where did you come from and why is your risk tolerance so high?" and he answered "I always knew I could be good at picking stocks but the market was so high I was afraid to get in. Now seems like a good time to jump in."
Of course those noobs were successful at first -- a chimp could pick a pennystock biotech during that glorious period -- and of course they lost it all within a year.
It's going to happen again. Pretty safe bet, buying those stocks and selling BEFORE the FDA decision. GTHP needs to be one of those FDA plays. I'm trying to guess when the noobs will pour in.... maybe June? July? and it will last several months....
Guided needs to get that PMA submitted in 2020 or he might miss this opportunity. I don't know if they can do that -- they've wasted a lot of time already -- but MAN this stock could be insanely profitable if they could get that PMA submitted. It's a perfect FDA play in the perfect price range. The noobs won't want to buy a .005 biotech and they won't want to buy a $50 biotech....
