InvestorsHub Logo
Followers 0
Posts 46
Boards Moderated 0
Alias Born 04/04/2013

Re: A deleted message

Monday, 09/30/2013 10:54:42 PM

Monday, September 30, 2013 10:54:42 PM

Post# of 40503
Everyone has to do what's best for them and what they are comfortable with, but I get the sense that your current belief is from frustration and understandibly so. I am extremely frustrated that we are close to $2 instead of being at $3+, but sometimes there is no rhyme or reason as to how a stock trades.

It could take 6 months to get back to $3 or we can be there next week. Expect to see HIV and Influenza Phase I results in the next few weeks and I strongly believe we will see another partnership this year. There were over 650M shares traded in the 3rd Q with 250M of them in the $2-$3 raange. That is not just day traders and retail investors. I think we will see a big increase in institutional holdings when the #'s come out in mid November. The ones who were in sub $1 and wanted to take profit most likely did so already on one of the two run ups to $3. There are a lot of new investors who are in at $2+. Much stronger base than a few months ago.

I first bought INO last December. Went through many months stuck in the $.50-$.70 range and heard the same BS then as now. Nothing in Phase 3, dead money, sell on any pop, years before it goes anywhere. Well, it's up 300% since then on pre clinical results. You say it's dead money, I say we hit $3.50 by EOY.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INO News