Dude! The voting happens BEFORE the split, so I still get to vote my 30000 shares. Do you have any gray matter in your head?
Why would any new buyer buy the new shares? If they believe in the survival of this company, why don't they buy at this discounted price? Some small time millionaire can scoop up ALL the common shares and sell the assets for a profit!
No, YOU don't get it! We are NOT supporting this dilution, do you understand? I don't care if you are the CEO of this company. If you are, you'd better step down and let some one more competent drive this Titanic! Thanks
Still, that does screwes the current shareholders. Only benefits some cronies that own the bonds and hope that they will go to BK and scoop up the assets
issuing more shares is never good...Never! Unless there is an appetite for them (like when the price is RISING) no when it is falling like a rock. You must think we are idiots or something...
This was issued on Feb 27 when the price was around $0.95
On the 3 days, March 5,6 and 9 there were 30 Million shares traded from 1.5 to $2.1
Are you telling me that MLV did not sell shares at 1.5 to 2.1 and are now selling at 1.35? That's pretty silly if true, and hard to believe!
That's what peopel said of MDVN when it was at $1 and now it's over $250 pre-split
If you wait till they are successful and have a product approved and selling, it's too late to get in
That is what investing means, you buy something that is NOT successful at the present, with the expectation it will be successful and make you money in the future!
If you just have a LOT of money and just want to park it somewhere, don't invest in biotech. Invest in some dividend stock or treasure bill....
Well, don't call them idiots yet. You can still get the same price, and it's been 4 days.
Thanks. I've been holding also since 2+ and I held and bought more on the way down to 60 cents... so I'll keep holding. I hope we go back to 8 some day.
almost 80K at the ask now at 1.27.
All the while, if you look at the headlines, they say that AVEO jumps big on positive data...LOL
How could haver there been over 6+M shares traded around $2 and now it's back to 1M shares a day and 40% lower?
Check the history of this company. Seems like a scamm. It jumped to $2 on high volume again about a year ago and then went to 60 cents. Now, the same thing. Looks like a pump and dump to me: Create some excitement, double the price, all the while letting some institution bail out or open a huge short position and then without any news, just let it crash out again back to 1 or less....
Any comments welcome...
Don't forget, they need to rise another 200% to get back to what they were 10 days ago
And another 40,000 % ! to get back to what the were 4 years ago! ...