I don't have any answers ... just speculation ... I just posted on another thread but will comment a bit more. I believe the run-up is now related to this equity stake. The word leaked that the paperwork was in motion (probably an official filing was placed that we didn't see). Once that happened, investors with stock market knowledge looked to make some easy money. At $0.35 the stock was severely undervalued. Once they started buying (100K allotments) the day traders took notice and started buying 5, 10 and 20K chunks of stock. Thus each day, since Friday, the stock showed up on tickers and more folks took notice. I suspect that we will see this balance out over the next couple of days but I don't anticipate a crash. I am guessing we will settle into a price and then be back to our wait and see mode until trial information gets published. I really don't believe we will see a cliff (barring bad news) but rather a long steady ride of a price point that hovers around $1/share. Patience required (which I do not have ...) - just so you know I am just a common investor hoping for a miracle! ;-)
@dcoronaus I'm not sure I would agree with you. It's genius to get equity firms to buy into the company that is early in clinical trials for their drug(s). When you ask rich folks to throw money at a speculative situation it doesn't happen without serious thought and consideration of upside. Rich folks are rich for a reason - they are some of the tightest people you will ever meet. Some business owner just bet some serious cash on GOVX and you can bet they have more information on the insides of GOVX then all of us combined. I am by no means an expert (not even close) but I am trying to apply "reason" to the situation. We have 2 more investing days this week - let's see how this plays out. I would bet the run-up is definitely due to the investment this company is making. Somehow the word got out that funding was coming in the form of a "private" institution. Numbers aside - this is a positive sign for GOVX (avoiding the dreaded bankruptcy discussions).
*** One more note - there's a reason they voted to create more shares (now up to 75M) - they need to raise cash to continue their trials - we shouldn't feel slighted in regards to dilution ***
the Company also agreed to adjust the conversion price of its outstanding Series A convertible preferred stock held by the aforementioned investors to match that of the Series B convertible preferred stock. The exercise price of the related warrants will also adjust.
It doesn't appear this announcement is having a negative effect. According to Schwab Pre-Market numbers the Bid/Ask is $0.92/$0.95 post this announcement (as of 8:39 ET). Maybe one way to look at this is that a private equity company is investing $1.65M into the company. That's pretty decent cash that will help GOVX maintain steam in 2014. Add that to additional grants they will apply for with the Government and the train will keep moving on.
Day Traders (via Twitter) predict GOVX will go above $1.00 today ... we are less than 1hr away from the open. Sit back and enjoy the ride. ;-)
Try to remember - this is a lottery pick for all involved.
so you think it will crash down to 35 cents today? but how would that explain the recent increase? Was the increase done b/c they knew about the offering? So confused on how this works?
So why the run up? Who would run it up if they knew a private placement was coming? Can you help a brother understand? Thanks.
It could be that one person or very few with money believes the Geovax story. This large price movement has been based really on small volume. I know it is big for what we usually see, but still peanuts compared to what great news to the world would do to it. At what price can large institutional guys start buying? $1.50? $2.00 or can they by OTC stocks at all? That would really move it if they started buying! Did you notice they put when results would be released in all caps at the top page of the first page on the last 8k? A hint maybe?
continues today (I am not suggesting it will) we should see $1.20. Problem is, we have no idea why this is taking place. We need to be brought into the light.
I guess it is about time for Seeking Alpha & Motley Fool to start to opine.
though it doesn't mention or involve GOVX:
A new study suggests targeting HIV with radioimmunotherapy could eradicate HIV from infected cells. If given in conjunction with highly active antiretroviral therapy, it may form the basis of a cure.
Although highly active antiretroviral therapy (HAART) kills human immunodeficiency virus (HIV) in the bloodstream, it does not completely eliminate it from the body because the virus can linger in infected cells and replicate.
Researchers from the Albert Einstein College of Medicine of Yeshiva University in New York presented their findings at the 99th Scientific Assembly and Annual Meeting of the Radiological Society of North America (RSNA) in Chicago, IL, this week.
Study leader Ekaterina Dadachova, professor of radiology and of microbiology & immunology, says although there has been enormous progress in HIV treatments that slow progression to AIDS, the search for a permanent cure continues. She explains:
"To combat HIV, we need a method that will completely eliminate all HIV-infected cells without damaging non-infected cells."
In radioimmunotherapy (RIT), which has been used for a while to treat cancer, antibodies charged with radioactive isotopes target and destroy cancer cells.
The antibody selects the particular type of cancer cell and the attached radioisotope delivers a lethal dose of radiation that kills the target cell, while leaving untargeted (healthy) cells unharmed.
HIV infection reduced to undetectable levels
In previous work, Prof. Dadachova had already managed to use the approach in the lab to target and destroy human immune cells infected with HIV.
At the meeting, she and her colleagues presented the results of a study in which they used the approach to treat blood samples from people infected with HIV.
The blood samples came from 15 HIV patients receiving HAART treatment at the AIDS Center at Montefiore, the University Hospital for Einstein College and academic medical center.
The results showed that RIT targeted and killed HAART-treated lymphocytes - types of white blood cells - and in most samples, reduced HIV infection to undetectable levels.
The team then went on to see if RIT could reach HIV-infected cells in the brain and central nervous system.
This would be a big step because current antiretrovirals do not cross the blood-brain barrier very well, which is why so many HIV patients treated with HAART often have severe mental impairment.
For this test, they used a lab model of the blood-brain barrier made with human cells and discovered that the same radioisotope-charged antibodies used in earlier experiments could destroy HIV-infected cells in the brain without damaging the barrier.
Prof. Dadachova says:
"We found that radioimmunotherapy could kill HIV-infected cells both in blood samples that received antiretroviral treatment and within the central nervous system, demonstrating RIT offers real potential for being developed into an HIV cure."
In another study published recently in the Journal of Infectious Diseases, researchers from Lund University in Sweden describe how they found that an aggressive new HIV strain leads to AIDS more quickly than other current strains.
Written by Catharine Paddock PhD
Oh snap invest, looks like you have this new id pumper covered too!
Keep up the good work! LMFAO...
invest- Moon has been on the Raging Bull board for the last 10+ years, just because he is new to this board doesn't mean he has an agenda or is pumping.
You should learn to be more objective...
the big drop was 12/6/11 when Geovax went from 1.70 on 1,000 shares to 1.20 on 63,000 shares... well with the shares that we have been trading this past week.. you can expect to see GOVX have several 30 40 50 cents days on todays style of volume.. not saying this will take place this week or month.. but when we get closer to results... we will if not 1 dollar days.