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Ecomike

08/26/22 1:39 PM

#3526 RE: goupupup #3523

What do you see coming on a positive side happening next week and in the near term? Nearly the entire OS trade recently at rising prices up to .36/share, and then $12 Mil cash raised from an institution at .25/share , before this R/S.

Makes me wonder why? Are the last of the weak hand shares being taken off the market for a 5X rally on news in weeks to raise cash at $10/share?

That is how these biotechs games are played...

Gotta buy the knife at the bottom and sit...and wait...

The risk side is debt, negative working capital? But they do have a pile of cash and reduced operating costs.