Replies to post #23 on Verastem (VSTM)

[KOmani]

When you trade stocks down 40%+, there is always the chance it may go down further.

A lot of bio stocks collapse 70% on bad news, so that might be where it's headed - regardless of what the financials say.

May just be a head fake that gets traders stopped out.

Other thing that's keeping me here is this:

http://www.nasdaq.com/symbol/vstm/short-interest

Shorts will likely take their profits at some point. So, I am holding and consider adding once it finds some bottom and strength.

[RNsidersbuying]

Company has $3.75/share in total asset and no debt.

My math shows 3.38 cash. Entered 1st position 1.89. Will add 2nd, 3rd, 4th positions on dip back to 1.50.