RE: oversold ?11 Oct 2016 20:48
No, afraid not. This was rising well, and could easily do so again, i have seen this share drop, drop, drop and then reverse and shoot up as funds add again, and have seen it shoot up and reverse down. Clearly the news that pharmas have requested more trials and further info on regulatory paths hit sentiment in a big way but really, this is trading just above its cash holdings now. The potential is still there, this could still be massive, just like all things its not a straight road. Still that may now have thrown up a huge opportunity here, we'll see.