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Re: cowtown jay post# 11440

Tuesday, 07/21/2020 12:05:02 AM

Tuesday, July 21, 2020 12:05:02 AM

Post# of 42892
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That's what I'm trying to do. You nailed it with the rate of increase in share price based on outstanding shares! I dont think CYDY is overpriced based on the global COVID market size. I think HGEN is undervalued because of lack of public awareness about the company drug pipeline.

HGEN share price isn't moving because there is absolutely no news coming from the company. No releases, youtube videos, NASDAQ/FDA news, nothing. There's nothing to get excited (or scared) about to drive the stock price.

The price stuck at $5/share today was a mid-size buy limit order by someone trying to buy into HGEN. I just don't think there's much liquidity to quickly buy/sell 250k or 500k shares right now [for a large personal investor].

I did like MWM's observation that the 5 times in the past, volume exceeded 1M and something happen to the stock price soon after.