Yeah, I'm BAFFLED people aren't buying more. But, unfortunately some bought much higher up and don't want to "average down" because they panic too soon.
Honestly, based on the very obvious DD -- how would this stock NOT climb back over $1.00 once people catch on?
Management is the key factor... A list of successful people onboard. They're GOING to make things happen, but in the world of BioPharma, it sometimes takes a little patience.
They've been making moves for over a year behind the scenes (when they were privately held), so it's not like this is a pure start-up either. It's just newly Public.