it is interesting indeed. my view is that the SP
Post# of 154897
(Total Views: 570)
Posted On: 08/04/2023 3:09:26 PM
Re: MoonShot303 #136466
it is interesting indeed. my view is that the SP means basically nothing at this point - until we are able to put some "points on the board" - meaning some fundamental progress like getting a partner and advancing an important trial.
until then, i think our SP is getting manipulated and whipsawed by day traders - so i've gotten to where i don't read anything into it. i don't know much about trading, but i would bet that most of the people trading know little or nothing about the company and our drug - they are simply momentum players who follow volatile stocks - and god knows we've got volatility !
once we get some wins on the business side, the SP will fall right into line and at some point will start to reflect our fundamentals - which will support a much, much higher SP.
when? i have no clue. but until then, it's day-trader central.......
until then, i think our SP is getting manipulated and whipsawed by day traders - so i've gotten to where i don't read anything into it. i don't know much about trading, but i would bet that most of the people trading know little or nothing about the company and our drug - they are simply momentum players who follow volatile stocks - and god knows we've got volatility !
once we get some wins on the business side, the SP will fall right into line and at some point will start to reflect our fundamentals - which will support a much, much higher SP.
when? i have no clue. but until then, it's day-trader central.......
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