The preferred investors can afford to park their money forever or even lose it all and not blink with an eye, and they broadly invest in many biotechs of which some may return 100x easily, like PCYC. The gimmicks such as shorting from an offshore account are just icing on the cake. I remember the same MB talk when PCYC was trading well below a buck. or ANDS which was trading at 80 cents and then got bought out at 4x. Truth is nobody knows and those who do certainly do not care about the YMB. It's best to ignore all the noise and only focus on the science and the filings, determine the retail pot-odds and make a best-guess decision.
Placement fees options that usually r worthless but they can short hedge also on the warrants and cover and have the warrants until expiration
Mano the conscience hmm. Con Science.
Money money money.and if a bod member not getting paid much fees leaves they just get a replacement
Ea said only a few make money but how do the buyers net net make money.I guess thats above my pay grade.Aint if they dobt make monwy how can they keep getting buyers
Who makes money.wainright .oxgn employees.all shorts
So offshore tutefunds book it at say 1.50.All long shares bt since inception r under water.There aint that many short shares out there.As far as the longs bt at offering i guess they make money on hedge shorts but are under water on longs plus all optionwarrants now r kind of worthless.yes they have made on just about on all the shares they shorted
Resignation assumes someone has a conscience. When people continue to act in ways that appear wrong and misguided, when the results are continually negative, then one must think about how their self-interests may be benefiting at the detriment to others.
I say NO to proposal #3 to increase authorized shares from 70-100 million. I also so NO to election of current BOD. I want a seat, pledge me your shares!!! I will fire all Management and BOD, return cash to shareholders and put OXGN up for sale to the highest bidder.
EA, I saw your original post on this topic. I did the research and understand what you meant.
In any case, the price of the stock is now at all time lows. How most of the members of the board of Directors has not resigned at this point baffles me.
I am. I used different names on this and the ACHN board to eliminate the stalking.
Just got tired of switching from one to another. Who are you?
EA hope you did not have to sell.I want to thank u for giving us some inside baseball not inside info just inside baseball and u did save me money
mano my longtime oxgn friend.i too own alot of shares.No where ea s count unless he was forced to sell in the last few months but still i would venture to guess more then most on this mb. but the mb has to b real. the melbourne thing was a bust and not a peep since. That b months ago and this q we may b meeting with the fda.As u stated what we might get for our shares is a far cry then we would have gotten. We were both happy to buy at 2.60 I dont think we were ever up even one penny on those shares
Mano, the Mgt. instead of doing right by shareholders and making a good deal with Roche, did what kept their salaries going and made deals with Michael Vasenkevitch.
reports are very well written and are packed with insightful info
The thing that is really interesting is your need to change nicknames on a regular basis so it is not obvious what you have posted in the past.
Yes I own a large number of shares. I believe they have very valuable IP.
I believe they will have to partner but believe they will not get anywhere near what they should on a per share basis, but it will be significantly above today's price. If they had even a basic understanding of supply demand curves, the law of supply and demand, Investor psychology, and had done offerings that were in the owners/shareholders interest, I believe they would have gotten a lot more per share.