Decode Genetics (fka DCGNQ)

[trader53]

I'd like to believe that the stock could spike up thru 0.30c on the release of news.
The CEO said, "We should be out of this (Bankruptcy) process in early January". a direct quote.

Here it is, early January.

I'm hoping that the stock will move up on the basis of somekind of news, similar to the news that the company released on December 16th, when the stock jumped at 1:57 pm, from a low of 0.07c to the days high of 0.30c.

Since that time, the stock has erased all the gain, and made a double bottom at 0.03c, moved up to 0.10c and found a short-term footing at 0.07c currently. To me, 0.05c seems to be a support level.

I find it interesting that CGEN news was posted on the NASDAQ board regarding its findings. I wonder if there is a connection, and if it is possible the two companies are in private talks.