Imo u never know with pharmaceutical company's. ... the longer they go without positive results that result in major cash flow the lower pps goes and then we might hear of more SHARE RESTRUCTURING or however it's worded which would only hurt pps due to increase in shares or by having to borrow at huge interest rates due to not having collateral.... beware of a falling knife ... I see 20% downside before to many scared buyers get bought out by smart traders waiting for small pops as the downward trend continues
No cicle1, I don't. We have to be careful to not get caught up in the negative thunder around here. Get back to basics and realize that all is positive coming out of Northdale...and we are a 'target' for the shorts. I think we are very close to a bottom although macd and adx are not signaling-yet.
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