Manipulation will slowly simk the price below $3.00. I an sure their are some shorts that have to cover below $3.00. Save you money, you'll get a much cheaper price in time.
Before the end of next week ONCY will be back in the buy column. I hope all those that left and want back in, get in. At least it will be a price point that won't keep you if you don't want to wait it out or if you are a day trader, room for some daily spreads. Long Investors no change for you, holding losses
Did you buy at $2.99 - if not you'll get more chances and probably closer to $2.80. Look at you history cahrts it will tell you everything about what is going to happen. History always repeats itself. I know you don't want to hear it. The truth often just hurts the dreamer. It's kind of like facts versus fiction
I believe you! Looking at the chart history and past company performance, you are, indeed correct! I sold mine (at a loss) but am looking to repurchase later, as you suggested, in the $2.60 to $2.80 range!
Still doubt the manlipulation down to $3.00? If so, you are blinded from reality. I know you don't like what I write. What is going on is really not honest trading, but us indiviuals can't beat the pros. They will controll until they get what they want, notw they want the prive below $3.00. Mark my words, even though you don't like them.
Hey s#!tcycle, you don't have shares ,why are you here? To warn us about dishonest trading? Do you think people here don't know ? And just because you are part of it doesn't make you an expert. Anyone here can make much better basher than you. Much smarter basher ".but us indiviuals can't beat the pros." No s#!t !!! HaaaaaaaaaaaaaaaaaaaaaaaaaaaHa
Sentiment: Strong Buy
Bugsicle- I think what you've been saying makes sense. Even the diehard optimists acknowledge the omnipresence of deep pocketed short sellers who have hammered the price down over and over. The board members are like six blind men looking at an elephant: the believers in the validity of the science - the lottery ticket wannabees who fantasize yachts - the faithful longs whose personal experience with cancer fuels their hope - but there are also the poker players who see in ONC just a vulnerable biotech that is suceptible to bluffing and can be profitably manipulated by fear. They don't care about cancer or science. For them it's simply a money game where the easy money is on the short side at the moment. And yes, I think you can see his last group more clearly than most and are largely correct that the news or event to thwart them does not look like it will soon appear.
Even a technical analysis agnostic like me can see that there is strong-enough support in the $3.60+/- range. Don't forget that we know that institutional holding for this issue is high and still growing.
With big news expected before the end of Q2, I think the chances of ONCY making it to $3.00 are slim. The price will bounce around in the current trading range around $3.60, and with news it will either move up well above $5 or below $2. The former alternative is more likely imo, but either is possible.
Maybe someone with better technical analysis skills will want to weigh in here?
In any event, a move down to 3.00 will have no effect on my holdings. When I make a decision based on the scientific evidence, I see it through to the announcement or until additional evidence comes to light.