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NanoLogix Inc. Message Board

  • erickarther erickarther Jan 6, 2014 11:02 AM Flag

    Buy in or sell off?

    Since this stock price as been languishing below 20 pennies a share, around the middle of June 2013 ...approx 8 million shares have traded ........... considering we have 120 million +++++ shares owned by share holders, I see this as bullish. I think a slow accumulation is occurring and it's happening without any help from Nanologix pumping with news....

    comments and foolish statements entertained.

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    • Time to sell. New financing and restructuring is coming. While that is good for the company overall current shareholders will be slaughtered.

    • How do you see the price falling by nearly half to be a sign of accumulation?

      • 1 Reply to kjim27
      • "How do you see the price falling by nearly half to be a sign of accumulation?"

        Remember, this is NanoLogix Bizarro World. Such things make perfect sense to the uber-bulls who regard company management as unerring and declare everything that happens (or doesn't) as further validating the awesome and nearterm commercial potential of the company's foundational proprietary technology that will launch the stock into outer space any day now.

        -Product development/marketing delays mean things are undoubtedly going even better than expected.
        -Lack of people on the BOD or in management with any real prior experience in this commercial sector means this company has the optimal leadership make-up to ensure successful product launches and rapid capture of significant market share.
        -Family&friends cronyism on the BOD is actually upper-level corporate synergy to best support the CEO and facilitate the flawless articulation/execution of the company's business plan.
        -Lack of recent quarterly numbers and other basic financial metrics means things are going so phenomenally well that releasing that information would understandably tank sales and the share price.
        -Numerous cases of OPUD clearly prove what a competent, aspiring and goal-oriented CEO the company has.

    • Erickarther wrote ".approx 8 million shares have traded ........... considering we have 120 million +++++ shares owned by share holders, I see this as bullish."

      Interesting view. You make it seem the majority of the shares are in strong hands as if that means bullish for the PPS, does it ? Unfortunately there seems to be enough shares out there in hands that are willing to sell even at today's prices.

    • Considering the price has been trending down, I'm more inclined to see it as a bearish sign of a slow dumping of shares.

      Sentiment: Hold

 
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