I am a strong believer in positive thinking and the healing it can bring to our body. I think we all agree we have the best patients ever. There are always folks who warn of being too optimistic, often with a god reason, but in the case of those two young people who are determined to get their live back, there only can be one advice:
Go for it with utmost optimism and with utmost determination.
YOU WILL SUCCEED
the CEO of a company makes a statement of intend like a reverse split, a peer reviewed pending paper, an Uplisting , a red hot interest by Big Pharma, expected fast recruitment of patients and so on, I will often respond with an optimistic outlook.
Taking my optimistic outlook out of this context is "THE BIG DISTORTION " of bear.
Yep, I called the reverse split gain right but of course expected a faster Uplisting to follow. And when it did not happen the stock sold off. The Uplist is of utmost importance in the OCAT case, way more than in other stocks I follow or own. The Uplisting will do the trick.
This offering had Gary written all over it and I agree, this does not speak well for Woody. Raising 60 mil without being listed on NASDAQ , yes this is not seeing what I can see. And it just so happened that I voiced that opinion about 30 minutes before they cancelled the offering.
See " FOR HEAVENS SAKE"
Get a smaller secondary done to meet NASDAQ requirements, then Uplist and make a private placement.
Hell what do I know. Nothing but this is how I would do it.
Oh , and I am glad that I took my gain in OAS at 18. Short interest is spiking and IF it falls under 12 I will be right back in again. Just heard from a friend that he can produce oil for 25 Dollars in Canada, this is not what you read in papers. Our wells in Montana, my guess is under 45 it will start hurting. The good part for royalty owners like us is that our 18 % royalty of the produced oil does not have to cope with the costs. So the income is about half for us right now but still pays the bills.
Foul names is not the best way to go, but not nearly as bad as the fact that you support a stalker and creep who brings my beloved father and family into atrocity speculations and uses every private note from me to exploit it in the most ugly and distorting way. This is bad keep, this is real bad and makes you bad too.
before the secondary, this would be NO GOOD. The difference between the offering and the market SP would be too big , give those with some inside track a gain with their puts and a big disappointment to the retail investor. I like the present SP and think it is great that Woody is not hyping. I do not expect that keep gets my point, he was, he is and always will be, the blond canary.
I am adding under 20 again, still have a double, but left a LOT of paper gain on the table. Got too greedy. But with most likely a reverse coming this year NOT a recommendation, but spike possible on first US results.
Yep, but OCAT I do not see it this way, the product will sell. NASDAQ is very important for OCAT and it gives me the shiver the way they screwed it up trying to get the Uplist and the secondary done at the same time.
Even Cramer is sometimes right. All I said that he is pushing FOLD and knowing that he hardly ever pushes a small Biotech I loaded up at 7.
Try to learn