- Joined
- 28 September 2007
- Posts
- 1,472
- Reactions
- 8
Glad to see the SP go up last few days, but then again the volumes are low so I'm personally not getting too excited just yet. I've ridden this roller coaster stock for a long time now and the better the news release the worse the SP performs. Have no idea why it has done this consistently over time.
My fingers are crossed that next week is the turning point and we will see some more positive spin off from the BIO conference and more media coverage. The bonus will be if Fermi starts selling the test soon or announces above average results from the Singapore trial.
I've said this a few times now. Every time Fermi announces anything positive the SP goes backwards! The sellers never seem to go away and they stifle the upward price movement every single time. The SP never seems to get a chance to make a run...
You have to start thinking if something very fishy is going on? The volumes are never big so the sellers could be anyone.
Any one know who owns the large volume of escrow shares that will become available in October? I heard it is one of the original and still largest shareholders in Fermi.
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