I see no evidence. Once again they play the "collaboration" card. This is what? The 7th or 8th "collaboration". The last 6 haven't amounted to anything. ~$200k rev last quarter.
Guys, remember, Iggy needs new blood to buy into this pipe dream. The stock has a very long way to go to get to his breakeven. He's hoping you'll fall for his scam.
Could be shorts. but probably just smart money getting out of this junk.
Just told ya what my plan is.
What's Cantor's plan? Do they have clients who want to short over $4? or sell? Who the heck knows.
LOL, more drama.
My take: L'Oreal same vague type of "collaboration" as before. Meaningless until this bears some fruit. And, reeks of desperation when a company keeps trying to rehash old news. Cantor - not much needing to be said here. Good for a pump in the short term. Maybe indicative of looming secondary offering. PUMP PUMP PUMP!
VO, you'll never get anywhere in a discussion with Iggy. He's an unemployed lawyer, and still has a knack for assimilating all the facts that support his argument and disregarding all the facts that don't support. He's not interested in the more prudent approach to investing, which entails a consideration of all the facts, and weighing the pros and cons as you seem to be interested in doing.
The company recently approved an equity raise. And, since it it appears to be increasing its headcount, one can reasonably expect capex to increase. So, it's quite reasonable to expect that a dilution is forthcoming.
The only "baiting" I witnessed today was an algo that took the stock into the green briefly late afternoon, hence baiting for longs. Then the stock went back to close near the days lows. Nothing significant happening right now - just going sideways.
Most certainly. Because the only logical assumption is that most funds most certainly think like Iggy. So, keep buying at lower prices no matter what. Never sell. That's a suspension of the logical, bordering on a suspension of the ethical. When it's a known known that the stock is going to $100 selling at any other price is idiocy. The only condition for the possibility of further decline is the direction of the manipulation of the market makers themselves.
I'll change my bias when I see performance from the company. But I still don't see anything that justifies the current valuation.
The latest SA piece is really just more drama that's good for laughs. It's pretty much what we assumed all along but nobody had actually named names until now.
I don't really care what story the stock tells over the forthcoming hours, days or weeks. But it's fundamentally damaging as it does suggest there was no institutional demand for the stock at IPO, and the subsequent gains were artificial.
Shorts won't be pushing the stock down from this point forward. Longs will finally get the picture and slowly but surely give up on ONVO.
Choppy action so far in 2015. I was thinking the same but I'm not writing off the possibility of a B-Ba-boooyah badabing-badabang-rrrrrr-ripp-rrippity-rip to new highs!
go right ahead...believe all you want. Market won't give a rip what you believe but you can still believe whatever the heck u want.