FALSE. The drop to .0005/.0006 occurred prior to the pandemic being near full blown panic, and the trading after full body approval is NOT the sole example of BIEL reacting to news with eventual dumping and loss of value.
This company had absolutely HUGE HUGE news getting full body approval - THAT was supposed to the the nirvana to drive shares skyward permanently. Didn't happen - and no other news will do that either.
The company needs to show revenues and profits, and it WON'T do EITHER in appreciable numbers in 2020 to improve the plight of longs.
It’s at .0005 what are they waiting for it to drop to .0003? They are just not interested simple as that. One month since the extraordinary CEO told us about a deal and followed it up with bicycle handlebar odometer readings and #favoritesong. Yes very extraordinary to just leave us there.