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TaxuCardium Pharmaceuticals Group Inc. Message Board

  • tr444000 tr444000 Apr 7, 2010 2:53 AM Flag

    Delisting Notice Soon?

    CXM has been under $1 for almost 6 months. Something is fishy with the FDA application - at this agency, no news usually means bad news.

    While I am not fully familiar with all stock exchanges' policies for delisting, I am concerned that a delisting notification may be a matter of days here (i.e., the 6-month frame).

    If CXM engineers a reverse split (very likely in my opinion) to circumvent such notice - that would equate with very bad news. If such news preced the long-awaited approval (which is already built in the current price), it will be a disaster for the price per share.

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    • I also believe they will do the reverse split. I look at this asa good thing for this company and all of us long on the stock. The approval is not priced into this stock I would question why you would think so.

    • They already went through that last month and they allowed them to stay listed dumby.

    • Yup, very obvious your timing was very off today and did not go as you planned daytrading this, i guess you have to wait a little longer than what you wanted to jump back in...It may have worked for you earning a couple hundred but your taking a chance to make thousands when approval hits...Your bashing has no effect in the pps whatsoever...and when you're in, your pumping wont affect pps either.

    • Lol, did you exit today at lower pps than you expected and now you want in with a lot lower price later today? Whatever boolsh!t your response will be, we'll see how soon it gets low enough for you...Better to wait till thursday, if no approval by then, some traders will exit and stock pps goes further down, good buying opportunity again on friday midday.

    • Ok, because I'm in a good mood, I'm going to reply at your posting. So you have earned another penny :-).
      It's funny to read what paid bashers are writing here.

      Is this all you can do?
      For example, you wrote:

      "Something is fishy with the FDA application - at this agency, no news usually means bad news".

      My answer: hahahahahahahahaha. What a joke.

      Another example:
      While I am not fully familiar with all stock exchanges' policies for delisting, I am concerned that a delisting notification may be a matter of days here (i.e., the 6-month frame).

      My answer:
      Old news and probably no issue.

      You also wrote:
      "If CXM engineers a reverse split (very likely in my opinion) to circumvent such notice - that would equate with very bad news. If such news preced the long-awaited approval (which is already built in the current price), it will be a disaster for the price per share."

      My answer:
      A reverse split doesn't change the value of the company so that makes no sense.
      The price is low because of the latest stock offering at 0.50 and hedgefunds which have shorted (10% of the float are short shares) this stock. So why do you think the approval is built in the current price?
      Without approval this stock was over $3 last year for example.

      Shorts are going to cover soon and it will be a great squeeze.

      Chapeau and I'm waiting for your response.

      • 1 Reply to greenshotshut
      • Thanks greenshot, for the reply... (minus the irony about earning a penny, which I don't appreciate, oh well...)

        Yes, I am daytrading (CXM and others) - and made no secret of this, and I also shared my opinion that CXM has been a delight for daytrading for a few months already. True, no big homeruns for me, but several dozens trades put me, collectively, at about +80% return on CXM alone in about 4 months. I don't really care if the readers here trust me or not, I am entitled to my oponion, as I read (almost) all others'.


        I agree with the split theory, you are correct - except that a reversed split is PERCEIVED as a sign of weakness for a stock. Perception means a decrease (temporary or not) in pps. Just like a regular split is perceived as a boost in confidence in the stock, even with no immediate change in value.

        For those "intersted", as of now (before market open), I am in, with quite a few shares - and no, I did no sell at the close yesterday. Looking forward to today.

    • Someone has finally but this whole issue (CXM) in its true perspective with all honesty...well done; well said

 
CRXM
0.5288-0.0212(-3.85%)Jul 24 3:58 PMEDT

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