@Brady Hoke's Artery any current thoughts on CERE? Its been a rough 6 months im down about 40 percent. I am not panicking, but god damn how can a stock dip this low
Not shyt has changed in my opinion. Same old story. Good scientists, horrible businessmen. Don't give a shyt about shareholder value. Releasing fukking PR in Portuguese, but not English. They have cash to run through 2015 I believe, so if the price doesn't move in the next few months, expect a reverse split to stay on Nasdaq. An analyst basically said what tricks can you pull to bring the price up and the CFO said he expected the fundamentals to bring the price above $1 before the compliance date
, but they'd look at other measures like a reverse split.
The price is also being horribly manipulated. If you watch the Level 2, you'll have all or none orders that exceed the daily trading volume that constantly pop up when the price moves up to create a wall. Not sure who is doing it or why, but they're doing it.
The market cap is now like 11 million.
I'm down like 75% at this point.
I'm getting absolutely raped by EPE, CERE and SH.
.