This Company doesn't spend enough money to warrant this market cap. Biotech is a high cost labor intensive business. This Company doesn't spend money on R&D, Patents, Inventory, Employees (only 35). Yet, through some miracle will create a new testing platform to replicate the complexities of human evolution through doing a backdoor reverser merger onto the Amex? Do some homework please! This is just like the rare earth metals bubble a couple years ago or the china reverse merger bubble inwhich companies were being delisted left and right. I really don't understand how anyone can honestly think at a $1B market cap that this Company has a viable business.
DDD has revenue. ONVO does not. I was thinking of spending $100k on some patents, doing a reverse merger with a shell corporation and then trying myself to some buzzwords. Hmmm lets call our company "china-nano-green-3d"..... Pump it up to the sheep and then slaughter them. Anyone in? My company and ONVO are no different
LMAO another short ...Ever think if you hit the nail instead of missing it you don't need to buy a thousand to replace the bent one (bad ideas) so didn't cost onvo all the R&D money it has some companies. buying patents has been going on for ever in the business world.. I think you should short every available share you can I'll buy the dips and well, we will see if the deals they have work out and who wins this investment....GLYU
Where were you a month ago? Or 6 or 9 when we were all on this board oh ya you were bashing some other stock you just another dumb human being that gets their rocks off by pretending your smart because no one loves you go away this stock is not your fight chump
ONVO has barely scratched the surface.
Major deals have already been signed. There will be more to come.
And 3D printers aren't the real money, it's the additives that are the next horizon.
Sure, 3D printers will only become more precise, but it's what they produce is where the potential lies.
The 53% spike over the last 5 days is only a precursor of what is to come.
Every dip has been bought.
And institutional ownership has dramatically increased.
I'll readily admit that these guys know more than I do and it's highly doubtful they would invest in here if this was a penny stock.
It wasn't retail driving this price, big money moves stocks.
Do some DD away from boards like this and stocktwits.
There's a lot more going on.
I am not invested here so have no bias, only offering a neutral objective viewpoint on the heals of what looks like good advice posted by 'williamvanguard' this evening. The chart has an explosive look to it, their technology is impressive! When I drew the lines of the ascending channel, on the daily chart, from July of 2012 through Friday November 15th, it is a classic advance with 4 peaks, each of which corrected 40% plus to the support of the lower channel line. To me, it looks like we can expect today's advance to be the exhaustion of the bulls, and with a projected consolidation toward $8.00 per share or less. I don't short stocks, but will watch for an entry point at $8.00 or below within the next 6-8 weeks. Those of you longs who were lucky enough (or smart enough) to have ridden this wave, I suggest taking profits and coming back after the likely consolidation starting next week.
The exact same logic was touted for DDD. Look at their 3 month chart compared to Onvo. They are practically identical. In fact, when DDD was at 50, they said it would go to 40 on November 16th. Today is November 16th and they are at 80. 3-d printers are the best kept secret going. Do you ever hear the talking heads mention it on CNBC? I spoke with a rep from a major trading firm and he had never heard of 3D printing. Don't miss out here.