NO, that's just not so. You dont KNOW anything --> YOU HOPE.
That's the name of the game with biotechs.
Look, you may be way smarter than me. You may be way older than me (I'm a grandfather with 10 grandkids). BUT, I suspect you dont have the experience I have trading stocks. I could be wrong, but I doubt you make your living doing this.
If this volume is anything (besides insiders/investor propping) then its speculators laying down bets. All fine and dandy. When its all said and done, neither of us can tell you whether the stock will be 10 dollars or 10 cents.
Players, place your bets.
I've shown my hand, the important thing is to be comfortable with your capital outlay (or lack thereof).
Good Luck!
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