How can a volume of over 110k today alone sell?
all you guys are complaining because you bought in at
$5 or more, who owns all this stock at super low
prices, and just now waited to sell it? probably nobody,
so who is taking all these losses? I guess whoever
is buying it is getting a good price, but somebody
is losing a hell of a lot of money selling now.
Your subject title startled me. I thought you had
enough of the company, but was reassured when i saw it
was only LM2 you were referring to. Personally i have
decided never to reply to any of his inane posts
Your last sentence sums it up time wise, but a
partnering announcement (hopefully 1st qtr) and CPX Phase 2
results (hopefully 2nd qtr) should move price up.
As you know the preferreds converting and selling
plus tax loss(to a lesser extent) are main reasons for
By the way, good luck to the
Vikings (I assume the MN is for Minnesota) for a Super
Bowl win. I think their time has arrived.
of your negative posts. You ask "why don't they
post the results of phase II". They will post, when
studies are complete, and (hopefully)they will
demonstrate efficacy. In the meantime we get to wait. If you
are too impatient to wait, then JUST SELL and TAKE
YOUR TAX LOSS. There are only a few days left before
the year ends so you better hurry and sell now. My
point lasermate, is that you have and continue to ONLY
focus on what you perceive as negative. How about
posting something positive. Again, if you see nothing
positive, sell and let the rest of us "losers and fools"
watch our investment in peace. Then, come and check in
on us in a year or two and we can all compare our
hindsight or foresight. Good luck to all.
You are a fool.
You probably have lost money
already on SCLN as we all have. Sure, you are angry, but
the end result will be the same: SCLN will fail. I've
simply been saying that at the very least the management
sucks, and most likely they are crooked and are just
collecting huge salaries on an "empty" company for as long
as they can.
Pick other biotechs and look at
SEC filings on them, in particular form DEF 14A. This
form reveals management's compensation. Most biotechs
the size of SCLN show salaries about
1/2 what SCLN
has. Check PARS.
Also check PGNS. The CEO there
is getting $477,000 but the stock is at $50. By the
way, I found PGNS today by trying to research cystic
fibrosis drugs in the hope of locating info on CPX.
found none. Instead I found an antibiotic marketed by
PGNS. The claim is that it add about 5 years to the
life of a cystic fibrosis patient. This sounds pretty
lame compared to the effect CPX is supposed to have:
Treating the cause of the disease instead of the symptoms
like the above antibiotic.
So where is info on
CPX in the cystic fibrosis community? How come the
shitheads running SCLN do not post anything on the web
stating "encouraging results from phase II" CPX
SCLN is doomed. Anyone who thinks otherwise is a fool.
I have 6,500 shares at about $2. About 3000 of
those on margin.
So, at this point I really don't
own anything given the $1 price.
shorting and have no interest in the competition. Besides,
what do you think about the people who come here and
agree with me?
SCLN management is robbing us.
...But don't don't think for a moment that they
will decrease salaries by even as much as $1. They are
scum of the Earth.
And they will soon buy a lot
of stock- Here's why:
Let's look at Sellers
and scale the rest of the crowd by salary.
will soon purchase a "large" ampunt of stock, perhaps
100,000 shares. He's sly. When such a purchase is
announced, it will grab attention of more foolish investors
like us. It would suggest confidence of near future
profits and an increase in stock price will breathe more
life into the length of time that SCLN will
It makes good sense for the insiders to buy, even
knowing that eventually SCLN will fold. They will buy.
THIS WILL EARN THEM MORE TIME TO COLLECT THE
REDICULOUSLY HUGE PAYCHECKS THAT WILL TOTAL A SUM MORE THAN
THE OUTLAY FOR THE STOCK PURCHASE.
Sellers: He spends $100,000 for 100,000 shares. Everybody
(except me) says "wow something's up: better buy now
while it's cheap". Since he steals $500,000 per year
from us, he'll break even after just a few months of
extended SCLN existence. Chances are that this ploy would
add significant time to SCLN. I'd say at least 6
months, and maybe a whole year. It's easy to see the
profit for the insiders even with the eventual demise of
You read it here first.
P.S. Don't forget the
tax write-off they will also enjoy when the shares
are worth zero.