Apr. 29 at 6:10 PM
$SGMO The pieces of the puzzle are falling into place. Today's market turmoil wasn't a coincidence, but rather expected and unavoidable. Sangamo officially filed its 8-K filing today; everyone knew it was coming. The inevitable consequence: the algorithms of the remaining funds and the last shaky retail investors sold their shares on the market without limit.
Anyone who still holds sgmo shares can now buy them in extremely cheaply due to these formal reasons. My buy order for 100,000 shares, which I placed weeks ago, went through without any problems at
$0.13. Could I lose all that money? Absolutely. Has anything changed in the situation? No, I just now have more shares in case there are any relevant announcements in the coming weeks. Nothing has changed today; only the stock exchange changes, not the company's value.