Unknown Seeking Alpha writer article to dump INO LOL please read the other article of the writer LOL !!!
He is a Short read the other article from this unknown seeking Alpha writer !! BioInvestor write thats Smith on stocks work !! Buy on any dip INO is clearly a strong buy !! Hepatitis C results are great !!
As a shareholder my one concern is Chrontech as a partner. Take a look at their financials. Their pps is $.10 (down from $.25) with virtually no cash. Had 6 empolyees and now 3. Of the 6, 5 where partime. Trial for Hep-C has 32 patients. Sure doesn't add up. Who is paying for the trial? Doesn't seem like Chrontech has the funds or the employees. Am I missing something???
The author of the article IS A JOKE! Here is a direct quote of the last line from his 11/12/12 SA article...... "With all of the positive news coming out of Inovio, it is entirely plausible that INO doubles or even triples by this time next year". Enough said?
This is the same guy that said the pps would consolodate at $.50 and then could double in 2013, but now changed his mind. He has been more right than not since the pps went to $.75 since his Nov. 12th article.
This article by an anonymous author in the contrary with previous bullish articles by high profile authors, says nothing about INO:
-The author doesn't know anything about the company and refers to the DNA vaccines technology as it was 15 years ago, but not to what INO currently does.
-He confirms that INO will need another dilution only by the end of 2013, but he names this dilution "bankruptcy".
-He accuses the company for many PRs. The upgrade from analysts and the collaboration with Bill & Melinda Gates Foundation are just useless PRs for him, made by the company..!
-Among all his blah-blah, the author provides the real reason he wrote his libel: the stock is overbought and above 0.80 it can pullback, so he can made so $$ by shorting if it falls a few cents. I agree with him partially, and I would like to see the price below 0.70 for just one day to add more, as at my first buy at 50 cents I didn't buy enough shares because all these recent positive news weren't out at that time. If not, I am willing to buy even at 0.80, now that I have seen so clearly how desperate they are to buy more INO at this level.
For the doubting Thomas, see the post of "holbornsey" in this thread and check all his messages, is one of the many new aliases made the last four days to bash INO.