Swing traders and uneducated panic sellers have exited.
Folks shouldn’t have been surprised by the Reg A. It was announced in the 10K from 12/31. MK said he would need to raise funds for the human trials and further expansion etc. That showed a lot of confidence in IDE approval.
The Reg A still needs to be approved and once approved, there won’t be any takers until after IDE approval. And then, offering will be in chunks over time as needed.
IDE approval less than 26 days. High confidence of approval so anyone crying about current share price should be buying more, not selling.
If your floor prediction is correct, RDGL chart could be viewed as a potential cup with handle with about a 3.5-year time spread. Pretty unusual to say the least.
Just starting my DD, but biotech is a sector I really like. Huge gains can be made if the timing is correct! lol (Isn't that always the trick, especially in the OTC.)
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