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Venaxis, Inc. Message Board

  • ericpage333 ericpage333 Apr 30, 2010 9:48 AM Flag

    From TheStreet BioTech Mailbag.

    "AspenBio shares, trading around $4.30, have almost doubled in value in the past two weeks, as the stock attracts the interest of retail investors and traders. Some of the information published about AspenBio on blog sites like Seeking Alpha is incorrect or omits key facts, so I'd be careful."

    I knew that you guys were getting your legs pulled. I saw this dilution coming and the j-off at Seeking Alpha was part of it. Make the price go up so you can dilute it. Incredible.

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    • quote:
      "AspenBio shares, trading around $4.30, have almost doubled in value in the past two weeks, as the stock attracts the interest of retail investors and traders. Some of the information published about AspenBio on blog sites like Seeking Alpha is incorrect or omits key facts, so I'd be careful."



      It seems biomed reports (being positive about stocks) and the Adam Feuerstein (thestreet.com) and Timothy Sykes crowd (shorters) have set themselves up at opposing ends of stocks - although it helps both sides. That is, shorters ALSO want stocks to go up so they can sell before they can buy to cover at lower prices.

      Also if some blog posts pushed the stock price up - that did no harm to APPY (though maybe very new buyers may have bought at highs), since it helped bolster stock price while warrant was being negotiated.



      quote:
      I knew that you guys were getting your legs pulled. I saw this dilution coming and the j-off at Seeking Alpha was part of it. Make the price go up so you can dilute it. Incredible.


      How did you "know" this. Are you part of a cohort that has dealings with the warrant buyers ?

    • What facts does Adam F. have? He's a douche. He has multiple lawsuits on his ass.

      And dilution? They sold 2M shares, adding 39M. WOW, big deal. They have 10 mil in cash now.

 
APPY
0.4423+0.0173(+4.07%)Jul 31 3:58 PMEDT