I am making an immediate buy now call on CYTR, Biotech, I will be buying on Monday.
Do your own DD, ask questions if you have them. I have traded this stock and made money on it since 2009. It is a timing and recent news situation for the buy, and has already started a heavy volume buying 3 day rally. Float is about locked up!!!
Good target short term is $2 to $3.
Closed at .61 IIRC on Friday. Nasdaq stock.
By July with more news and the pending news in July who knows it could go to past highs of $8???
25 million in Debt, but 50 Mil in cash on hand. Under 120 Mil shares issued. Phase three results due in a July presentation for cancer drug.