UMRX: $1.50 Price Target (Long)

Please keep what I'm saying at UMRX as an opinion and not of face value. I also own UMRX stock. UMRX is at a $0.40 price point (trailing), and I believe given the negative correlations, it does have a positive retracement potential for a bullish wave. The 1 year target estimate that I am hoping for is $1.50. I also think given its small market cap, it may be looked at as high risk at the moment, but still does have market potential in the segmentation it is targeting. That being said, it would be interesting to follow the correlation trends and see where the price is heading very long term, not just investment-wise but for observing progress in the company. They are working on immunology based treatments in relation to Cancer research. Only time will tell if they are successful.