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InVivo Therapeutics Holdings Corp. Message Board

  • bw4sythe bw4sythe Jan 29, 2013 3:34 PM Flag

    At Close

    We are down seven cents. My best guess is, we will close within two cents of being green-----or we will be plus two cents. If I'm correct, the question is------what the hell is going on. This appears to be a trend. I have a theory, but since I'm not all that bright, I'd really like to hear other ideas-----except from that yazz dude. While he is reasonably bright, he clearly has a motive to bring the pps down.

    Sentiment: Buy

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    • There have been small buys to move the pps up in the last 5 minutes of the trading day for the past few weeks. Volume is so small. Call me crazy, but I think there's some manipulation going on.

      • 3 Replies to onsite84
      • the company is obviously withholding information, I tried calling IR on Monday, left a voicemail, still no return back, #$%$ off

        Sentiment: Strong Sell

      • Good observation by all. When the price falls on low volumn (w/o news), I don't worry much. I think you are spot on about a bit of manipulation. With few buyers and sellers, the MM needs to move shares from time to time, to keep the pump primed------so to speak. For those who are getting a bit "antsy" I'd like to remind you that Dr Langer is one of the best in BioTech. He simply would not lend his name to a procedure or company without having complete confidence. He WILL get us FDA approval for human trials. That is all we should ask of him. After that, it's in the hands of the FDA and "luck of the draw".

        Sentiment: Strong Buy

      • Hello onsite - I haven't tracked it as closely as you, but based on what you relay that you have seen in the last 5 minutes of trading it sounds like their market maker is stepping in with some buys at the end of the day.

        It is not 'manipulation' in an illegal sense, but could well be normal market maker activities who act to help support the stock price. Small volume can do that. All proper and legal, and I wouldn't call you crazy for observing what you are seeing!

        Sentiment: Strong Buy

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