in and a few mm loaded this would have a field day with it once before a fall out to OTC can take place. That will be the time to exit peacefully in a line. This is as much i can fathom. Agree with the rest of your assumptions
Why is it no insiders are buying? A show of faith would go a long way. I hope
its not because they feel a reverse split may be needed. I say that because
something needs to happen soon as I am sure we all know that for this to
stay on the NASDAQ but if they cant get things in time it is my hope they let it fall
to the OTC and not do a reverse split. My feeling is if a buy out is in the works
it wont matter what board we are on...
Price / Sales 3.05
Premium Research for BGMD
Zacks Rank [?] Rank Change Trend Hold 3
Zacks Industry Rank 78 / 265 (Top 29%)
LAW SUIT: All of this selling is not random if you ask me. We expected FDA news by now. Yes the filing is still active but somehow someone must know there is a delay and this opened the door for selling. Insider selling!!!!
According to the annual report filed by BGMD, 8.7 million shares belong to Entities affiliated with Flagship Ventures. Noubar was deemed to be the Beneficial owner for SEC purposes. He just transferred to his partner, Edward Kania, of Flagship Ventures, his due portion of the shares not on the open market for 0 dollars per share recently. Now they have 9.9 million combined. Keep up the good work!
The timing of this move is interesting.
I hope that insider sale was a tax loss but the good news no big reaction to it.
Volume slowed up a bit and you still have someone loading up on shares.
I think something is brewing lets hope we see it before the New Year
Since 1965, there have been 14 90% Down Days occurring in the month of December. Here is the performance of the S&P 500 into year-end:
13 of the 14 occurrences have been positive.
The 1 negative result, following 12/11/2007, was down just -0.6%.
The average return into year-end was +3.31%.
The median return into year-end was +2.65%.
After year-end, the strength typically persisted with a median 3-month return of +11.5%, nearly triple the return following all 90% Down Days.
Of course, the sooner that the 90% Down Day occurs into December, the more time there is to generate higher returns.
Hmmm Maybe he sold the amount he can write off on taxes????????? Especially after the big #$%$ gain in 2015.....
Sentiment: Strong Buy
it is also true he is in process to open another Bio Co that is in SEC registration now.But FDA waiting issue is still on for this company most likely will pass before whatever decision we make or they make.Lets wait , see next week.
My other holdings some of did the same things,and they are not 1$ stocks solid stocks and they did that tax reason, I like to think that way here too and hope tomorrow stays green and Monday as well.
I completely agree here....Edward Kania picked up those 639k of BGMD shares on Dec 4th via granted options for free. Why not sell them and take a profit for 2014. Now if FMR, Edward, Vanguard, et.al start selling on the mega volume.......then I will be infectiously worried. For now.....please let's not start the "panick, worry, hatred and crazy talk"!!!
Just my opinion.....
Sentiment: Strong Buy