All look for another leg up in stock price.
It has been a long time and the CEO sold last time in this price range. Should I sell or should I go? Would it ne different this time? This company needs some real good news. Many things in the oven, how about some bread for a change?
Yep, it should go to $5 now. Makes .25 on the quarter on good revs. Look at the chart and tell me this is not going to $5. Gaps up over 50/200 averages and closes above. Had a pivot at 3 and sold off, had at 4 and sold off. Now it is time to test $5 and stock has the story to take it there. This chart/story will bring in the buyers. Easy layup. Stock is a triple over next few years if not sooner. Just ride it.
Celgene is getting bad mouthed for colluding with charities for business purposes. This drop is guilty by association to VRX. Everyone knows who the real punk in the room is. Any fraud, price fixing, anything bad is vrx's fault
Walsh in control with new board of directors representing new equity holders of old debt. Dxm is now a private company and will likely be profitable with only 600 million debt. The curtain finally comes down on all the mystery pondered just a few years back. Special thanks to posters as Seanoise who saw this total zero coming way before it became popular to do so. Lessons learned here are: don't listen to hedge fund hype, don't buy overly leveraged company's, cut POS stocks like this early. For me, I finally saw the light when DXM stopped paying on the debt.
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..