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StemCells Inc (STEM) up 633% today

Posted on 8/16/16 at 2:42 pm
Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2016 posts
Posted on 8/16/16 at 2:42 pm
So who's the lucky SOB that had shares of this one before today? Don't know much about them besides they are a biopharmaceutical company that announced a merger with Microbot Medical to develop robotics-based medical devices. Chances of another pop tomorrow?
Posted by Jon Ham
Member since Jun 2011
28523 posts
Posted on 8/16/16 at 3:21 pm to
50 million shares traded hands today. 10 day average trading volume is 245k. Frikin nuts.
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
4408 posts
Posted on 8/16/16 at 4:13 pm to
quote:

Chances of another pop tomorrow?


Penny stock biopharm?

Probably not tomorrow, but soon enough.

Or did you mean some other kind of pop?
Posted by Tshiz
Idaho
Member since Jul 2013
7534 posts
Posted on 8/16/16 at 5:00 pm to
Question is, is it still worth buying at this price?
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/16/16 at 6:05 pm to
Absolutely. Take it from me. If you don't buy now, you are missing out on possible retirement as soon as 1 day from now.
Posted by DWaginHTown
Houston, TX
Member since Jan 2006
9856 posts
Posted on 8/17/16 at 12:32 am to
Or maybe a shorting opportunity?
Posted by BobRoss
Member since Jun 2014
1693 posts
Posted on 8/17/16 at 11:10 am to
LOL, down 36% as I type.
Posted by RussianFromLSU
Baton Rouge, LA
Member since Nov 2014
192 posts
Posted on 8/17/16 at 2:23 pm to
Classic pump and dump.

You can see large share holders dumping already. Look at it's 1 year range = LOLZ

stay far away. You WILL lose your money if you think this is some good long term shite.
This post was edited on 8/17/16 at 2:24 pm
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