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Re: BonelessCat post# 52394

Tuesday, 07/05/2011 6:36:59 PM

Tuesday, July 05, 2011 6:36:59 PM

Post# of 146299
Don't forget that Dr. Seymour has indicated they want to move to the AMEX. That would require a stock price in the $2s and $3s. So the "overwhelming" amount of data they intend to release between now and the IND submittal should be enough to get and keep us there.

I'm thinking the following things are keeping us back:

lack of exchange trading
lack of share price
lack of human trials

These all combine to make 'tutes and funds nervous - they cannot estimate any kind of ETA on trial results, nor can they be sure of an exit door. Thus, the better part of valor is simply waiting. They won't mind paying $4 a share if we ease their worries - capital preservation and being "right" with the crowd is more important than getting one miniscule (to them) victory.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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