Yes, i think that it wouldn't make sense to exercise the warrants when you have this low strike price...in 1 year many things can happen!!. Anyway i don't understand why people here are talking about warrants exercised when they are out of the money!!.
How is possible the exercise of warrants if the strike price was below $.70c on 7/15??
In the Sabby's 13G they say to have bought 9,285,714 shares that is a 9.66% of the Co....i think this means that the number of outstanding shares right now is around 97 Millions ($78c x share in cash?) ...'m i wrong?. It isn't possible to exercise the warrants below strike price of $.70c because they are out of the money..right?
because hedgies must cover their short shares.....and because maybe someone is interested in the Co. but want to buy cheap.....only speculation of course. Next weeks we will know why they printed new shares in the 70s...something is happening behind the curtains. They have now around $ 87Mil in cash and 96.92 Mil of outstanding shares.....
What R/S??:-))...they can trade 1 year below $1 before an eventual RS.....but they will be bought out next week;-)......i'm curious to see where it will close today!!. Strong buy today!!!
Yes deeply undervalued, it's priced for CH11 right now.....unbelievable how hedgies can move and manipulate this puppies with a bunch of shares....55% below net cash; markets crash, NBI crash, Brexit ...every day they have a reason to destroy these micro caps..i would love to see a 500% jump to burn these naked shorties!! ....anyway nice level to add more!!
Not only here!!..NBI is going down again and i believe is ready for area 2200!! If this is the way ccxi will go down. On the other side i wouldn't be short on this stock or other decent biostock right now, but i would stay at the window; i'm waiting for another bottom in nbi and ccxi to begin to buy again......i don't understand why the street hate so much this sector, all the stocks i have in the radar are red except for rosg, time to stay out and wait imho. Gl to all
About Long term everything can happen, but in short term you will buy this one 1 dollar cheaper than now, imagine that next support is in area 3. i don't think it will touch such price but high 3s is possible and would be a nice bottom to buy some for a short term run;-)....caution is the word right now . GL
Triple witching day tomorrow, brexit, NBI index near a precipice , all this have an impact on the share price of course. I'm out on this one and playing with GBIM right now....i hold VSTM for long term and i hope to charge the boat on this one again..high volatility in many biostocks lately and sincerely i cannot believe that this sector will be dumped again but if markets go in down mode nbi will follow too, so take care, i have many undervalued stocks in my radar right now...take a look at TTPH, MEIP, OGXI, VSTM....well on the other side if markets crash it will be a nice timing for a clever stock picking;-)..let's see what happen. gl
Ok have just found that Ceres-Inc.jp is another Co..read Yumemi japanese news and you will find the info......it was weird:-)....but the question remain...why this volume ??
Hey have you bought some of my little dogs?:-))....BB are warming the engine in VSTM...OGXI,CBYL and NEOT are in bull mode but i see too much selling in CBYL... i'm more confindent in VSTM...i feel a big event will happen there...do your DD of course.
this one is a dangerous play!! Too much debt...burning money..umm perfect short candidate, better places to put your money right now in this sector!!. Gl
Looking at this stock and its picture i feel that this one is ready for a big jump. Take a look at CCXI and what happened there.....too much cash to stay at this level, i feel that one of this day it will open a lot higher...in or out, it's simple folks. It is locked in a relatively tight range since a lot of time..something will happen here....gl
VSTM is heavily manipulated...but sooner than later it will explode, they have $ 2.7 for cash, no debt..cash trough 2018, it doesn't make sense that price level!. OGXI too can be a multibagger candidate....patience is the key here!!