Here's the question....is Sage worth .30, .50, .15
posted on
Jan 21, 2008 04:34AM
I'm thinking the price will drop a bit more before rebounding or getting a dead cat bounce. Not sure which. Depends on the market. The news is fine but no exceptional. The assay companies aren't helping us releasing bits a pieces because their rush and they can't keep up. Leaves holes all through the NR and maybe its better to wait for completed assays down the road.
I think we have to remember the fact that Sage is a very good company with great management. Discoveries don't come with every news release. A month from now can look quite a bit different so be careful if your thinking of dropping your shares. I'm not comfortable with selling right now. The stock has dropped too much. It will make it back up but patience will be a virtue.
MM