P2P - I used to own this stock and followed it for a while a couple of years back. Although the float is not enormous for a .10 stock....The trend on this has been horrific. It seems that there just isn't a market for the type of insulin delivery system into the mouth. Not sure exactly what the real reasons are...but this thing just never got legs and seemed to just dwindle.
If some new DD changed something about this company's future prospects, it could have serious upside...but with the status quo, I dont see a catalyst.
The only silver lining is that it's gotten very cheap and could make a significant move with the slightest good news.
It's a crap shoot. This is all my opinion as I have a history with this one.
I've been nibbling at PCX lately as I believe that stock to be very undervalued although it's $1.35 today. This one was $24 within the last 12 months. If coal stocks make a move, this one should fly...huge short position of like 25% too.
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