Well, the play here is on the trade, not on the drugs. Anyone who comes on this board and hypes the drugs is just a pumper. The drugs are pretty much worthless. OK, if you really think there is a chance in he## that they will ever get something approved, then trade the stock and keep a few shares just in case. But the REAL money to be made here is on the flips.
The way to make money is to understand the numbers and get in and out with a profit when they pump it, and they will pump it again. They have to. Those private placement people only get in because they know that the pump will come and they will be able to move out of their positions at will when the volume spikes. But with 5.5 billion left out there right now, it will take some time.
I'm still monitoring this board every day. I'll post a few comments when I have time. Right now I see a while before I'll get back in. The R/S scares me a bit. If they did it today, the stock would go to 40 cents or so, and that would leave a lot of room to drop.
As someone pointed out, we are at about 0.008, if you don't take the previous split into account. That is about where many (including me) thought it would go, and that was before that latest finance deal that added about 5 billion more shares. So looks like we had it about right last time. Those projections were based on the NUMBERS only, nothing to do with the FDA, approval/denial, or hype. It is the numbers, the rest is just spikes up and down. Play the spikes, make your money.
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