that big low bidder....the 90000 shares worth was around all day teasing the MM ....the MM needed trades to help buy Christmas presents...so accepted low bids at the end of the day, or week, that is the story with the last minute drop
think ya missed a few opportunities :-(
wait till next year when its delisted
Just because I don't believe that this is a huge money making stock in the short term doesn't mean I don't believe in the product... Also I have invested in this company as well... I just don't see rose petals on the other side like you... I hope there is but I am also realistic.
Here is a good summary of the situation they are in... doesn't tell everything but good easy reference.... http://seekingalpha.com/article/2458105-dark-clouds-gather-around-combimatrix
Volume so low lately the crooks have it easy playing their game. I don't think lawsuits are determined with a socialist slant as you implied. But it is California so who knows.
No Government... but its in the supreme court... And after the ruling each party has 45 days to rebuttal against the decision if they don't agree with the outcome... so on top of the decision that will need to come down around January 10th the case may not be final until February 23rd-ish. And Strathmann has the ability to claim up to 35% of the money recovered for himself... which is around 25 Million... Meaning the Court could rule as much as 75 Million. The original court ruled that Strathmann was doing this for personal gain rather than for the 'People' that ruling was eventually overturned. And that is where we stand now... Although the low stock price isn't directly related to the court case, the amount of money the spent on the court case hurts perceived gains.
This company is turning a corner only if they aren't crippled by a court ruling which I fear could go either way. Even if Strathmann wins I don't think he wins the full amount. What will set this stock flying is if their 4th quarter sales take a big jump... But we really need the sales team to come through and that could take many months if not years... There is always the possiblity everything could hit perfectly as a perfect storm (win court case, and high sales in the 4th quarter) but don't count on it. You have to be in this for a long hold to get value unless we all get really lucky.
Hope we get a chance to see if I'm to optimistic. This stock makes big fast moves but never holds. One day that will change.
I read online that if that government intervenes in a Qui Tam case, then the chances of success increase for the relator. Is the govt involved in this one?
lilith is a little too optimistic for my liking, but if there was a ruling the stock would go back up to $1.50ish and with time break back upto $2... Also depends on what the ruling is
Youll know if lawsuit settles in our favor. This will be at 3 bucks in a blink. Nows the time to buy your lottery tickets
Filipe tends to come on here about once a month to talk about how there is little to no chance that Qui Tam lawsuits win... 6% success rate...but I take no real value in anything he says