No buyers; no sellers - looks like everyone is hanging out at the sidelines! It's probably going to stay like this for awhile until a meaningful PR comes out. I don't think the stock price will go much lower. So either the price will go sideways and bore the crap out of us or the price will significantly move up. IMO the following is reflected in the current share price - the reverse split, no value for Libigel, little or no value for pipeline, little or no value for cash flow from approved drugs and cash on hand has probably need discounted as well. Any change in investor sentiment on any of those factor will send the share price upward and on ward!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.