Just a theory but huge volume of that nature could be a tip. Insiders can't buy but their buddies can. I know the dummy on Seeking Alpha put out a pump article but who pays that much attention to these amateurs.
Is because they knew of a coming reverse merger that is conditioned on going to the pink sheets where the merger could be done more easily? This action could then confirm the record volume in this stock a few weeks ago.
They don't have a history of diluting. Could have diluted now but chose to keep it tight and wait it out. I think they will cut the cost and see what happens over the next six months.
The Artificial Pancreas will be a flop. Nobody wants to go through all this. Look for Mankind to eat the lunch of MDT on this issue because it is a dumb idea in the first place. It only makes any sense if Afrezza was not about to explode on the market.
If no news, I think you don't get a 2.53 price so that you can cover and get your money back. This story still has two weeks to churn. Volume on Friday was historic for this company. It blew all previous active days out of the water by a mile. Insiders are holding tight as a drum. Nano caps were active Friday, but this one went way out there. Be good to see who is doing all this big buying.
I hope you are right. 25 million shares trading is heck of a lot of pressure on a 3 million float. If your theory proves correct, there are some shorts on this board that are going to get vaporized. Shorting a stock like this could be a very deadly exercise.
I like the way you think Towers. But major holders are holding fast to about 3 million shares. Float can only be some 3 million shares unless the majors let go of some shares and they have been holding tight since March. If some Titan is getting these shares on the cheap, as you say, wouldn't they have to declare shares soon?
Why did insiders stop selling since March? Something stopped them. Be careful..
Insiders are holding and available shares are in newer stronger hands. You better hope there isn't any news on the other side of this volume action today.
Yes he knows something alright, he is going to be cut in half. 15 to 20 is the bottom.
Sorry too much debt and cannot make money. Loser. Stay with CBK, winner. All these retailers who missed est. and CBK beat this time as they close ranks and become more efficient.
They.can work in the mall and still maintain sales since they design their own stuff. You have to go to their web page to buy and not Amazon. Those exposed to Amazon got killed this quarter. I like CB K.
that's what I mean the exercise price, I don't know what it is or will be. But anyway I could have been a winner if I were a bondholder. That was always the real deal here especially the senior holders. They have been sleeping well and booking deep forever..
They get a penny ( 5 million for their trouble) and a chance to buy back in. The true owners now will own this stock, senior debt. They have rode this thing all the way into the equity. This company has always been a money machine for them and still is.
No need to panic sell because the panic sell time has past and is now in the price. You have time to ponder what to do at this price. GBIM has two shots on goal in the last half of this year. Look at the low market cap for this stock, it is nothing with such a tight float. If you do not know what to do - I say sell half and keep half. This is what I do when a trade goes bad. GILD is eager to build a drug pipeline, nothing to take this company out if only we can show them something.
gbim with it's slim pipeline is looking for the next Pharmasset. They were lucky and it was one hell of a buy. They really do need to start buying and building out the pipe. Sure hope they can find something they can use in GBIM.
yep, really seems this company is just in the business of granting themselves free options. Shareholders get to watch directors get more and more free shares to sell to more shareholders. Good job if you can find it. They did.
Yep, hope it doesn't get that far. Also keep in mind GBIM has 250 mil in tax write offs. That should be worth something.