For everyone who still hasn't figured out the math behind this looming dilution, I'm going to paste a very simple explanation from a poster who I have a lot of respect for... Twiz, I hope you don't mind, but you said it so well and simple last night, that it needs to be seen by more people...
"as of 4/30/13 their cash balance was $7.3m .Their current burn rate is about $533k per month. They paid $1m to INO in May and have another $1m due INO in December. So, 10 months at $533k plus $2m to INO comes out to $7.3m. 10 months from 4/30/13 is 2/28/14. So I think the dilution will be sometime in the fall.......hopefully AFTER the upcoming catalysts"
NOW THAT'S ALL FOLKS!
So basically everyone wait to sell right after catalyst. Guess that catalyst can only catalyze the sell off :)
That said, yo also need to hope the event happens before the dilution. Of course, news should also be positive and on time, ....
Better not hold too much this stock if you want sleep well very nite.
it really depends... imagine good catalyst puts it in .45...then dilution at 0.4 or 0.38...should be back up in no time. Timing is critical, but the issue with ONCS is that does not trade 1% up or down everyday, it daoes it in a big way like today ... 5-6-7% daily. crazy
good unbiased post. I do think the math weighs in the favor of dilution after data. At that point, if data is good, the valuation will be higher. Thus, dilution won't be as significant.
Sentiment: Strong Buy