what's wrong with Crxx

[jennifer]

[kion_yaar]

I do not understand, whats wrong with this stock. Pre FDA approval, this stock went past $2, after approval slipped below 1.30 and today, up by 22% in pre-market and then lost all its gain as day progressed.

[crammerfool]

I have been following this and looking at a point to enter.

I am holding off, wondering if this may see the 1.20 level tomorrow.

[Cosmic]

One explanation is all rational thinking has deserted the scene.

Penny stocks are showing the complete irrational behavior associated with a strange way of valuing what is important.

A bit of pump and dump as standard methodology in a corrupt market. Do not expect anything to make sense. Total junk gets played as very, very hot stocks. Fools are in control. For now at least.