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Sell Rosetta Genomics, Ltd. (ROSG) Stock
Rosetta Genomics, Ltd. (ROSG) stock is up big over the last two weeks after the company did a reverse split and issued more stock to raise cash. ROSG has rallied from $1.40 - $13.30 as of pre market this morning but I am issuing a sell rating on the stock.
While ROSG doesn't have any major resistance until $15-$20, this bubble is bound to pop when the momentum stops. My price target is for a move back between $6-$8.
Here are a few points worth making
Shares Outstanding ( includes recent stock offering ) - 1,873,931
ROSG Market Cap @ $13 per share - $24.36 Million
ROSG 2011 Revenue - $103,000
ROSG Net Loss - 8.83 Million
Be careful out there!
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Tags: downgrade, genomics, price, rosetta, rosg, sell, stock, target
Views: 3531
Replies to This Discussion
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Permalink Reply by Stocks To Buy on -
I will have to keep an eye on this one, thanks
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Permalink Reply by Stocks To Buy on
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Rosetta Genomics, Ltd. (ROSG) is keeping the printing presses warm, another planned stock sale
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Permalink Reply by Ace on -
ROSG doing very well today morning. I am planning to add to my short shares if it jumps to around 14-15 range.
Planning to hold onto these shares for at-least few months. I think this stock should eventually hit reality when all the excitement is over.
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Permalink Reply by Stocks To Buy on
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Rosetta Genomics, Ltd. (ROSG) stock is up again today on news, the company also announced plans for another stock sale last night. ROSG should buy a printing company
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Permalink Reply by Danny on -
Lol Tim im watching this one today. Day traders can probably make a living off of this stock
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Permalink Reply by Stocks To Buy on
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Yes ROSG and SUPN have been good ones today
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Permalink Reply by Stocks To Buy on
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Only $0.90 to go for the top end of my ROSG price target to be met at $8.
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Permalink Reply by Stocks To Buy on
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ROSG hit $8.08 today
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Permalink Reply by Stocks To Buy on
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ROSG $7.53
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Permalink Reply by Stocks To Buy on
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We will have to keep our eye on this stock, might rebound at some point.
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