Today was interesting. Not what I had expected at all, but looking back it does make sense. I had been gauging this March off of last year to estimate the action we'd see. Only problem is, February 2010 we were at 20 cents and February 2011 we were at 6 cents. As much as I'd like it to lead up to 40 cents before results are out, I have to realize that we more than tripled in a little over a month. That means there are people who decided to sell and take a nice profit today, and some who had bought high teens last fall, were upset with the price drifting below a dime, and just wanted to get out while they were ahead. All understandable.
We lost 11% today, but that only takes us back to 9:50am Monday when we last were at this price. It's like we're at Monday morning all over again.
But this is where it gets interesting. I still stand strong to a PR tomorrow morning with the good news. Tomorrow will be like Monday all over again, but multiply everything 10 times or so.
Look here for a minute. They have a tendency to release things between 7 and 8am. That's less than 12 hours from now. http://www.biomoda.com/newsroom/
And I still am very confident from the hints we've been getting from them. I look at the website, specifically the "clinical trials" tab. Something that just went up over the weekend. This is a strong message - it is them getting their website ready for the flood it will be receiving soon. It's them saying, "we know what we've been doing since we started, and our previous studies were right on the mark and agree with our most recent study." They'll be posting the Pilot Study results, and everything they added there will be solid support that they've been doing this right all along.
And think of the opposite as well... would they go through the effort of updating their website with this stuff, only to post contradictory results from Phase II?? Now if you understand this point, you get my message.
Oh, and do you think the National Cancer Institute had a little inside knowledge before inviting Biomoda as a member of the EDRN? They posted that news 3/8.
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