In the U.S, insiders have to file a Form 4 with-in two days from trade date. Not sure what it is for Canada Filings, but I think it maybe a day or two later. If we don't see a filing out of Canada, I'm sure it was institutional interest that drove up the stock the last few days. Institutional interest is what you wanted, right?
I think a partnership would be more of a fit.
Somebody can come along and fund trials for the next 1-3 years or until approval is reached on any one of their drugs and spend $100-300 million versus a buyout of $500 million +
The funding company can stop their funding at anytime if things are not going well and save their money.
Then split it 50/50
I could easily see something like this on the table.
As far as the 12% loan goes, I would imagine that they are expecting much higher returns on that loan than 12% otherwise they wouldn't have done it.
I thought you already spent your Net Worth on next weeks 7 puts? How is that working out for you?
Not to mention over 6000 out of the money put options that traded yesterday that expire tomorrow.
I'm sure they covered the 3-4 million shares they shorted recently and then some today.
You think the NASD and SEC would be investigating this???
It's getting a little too obvious don't you think????
So, if you bought all 300 puts that traded today and no open interest you are then saying your whole entire net worth is less than $16,000? lol....
It's been 3 months since this company has said a word.
No wonder why we are losing what little institutional interest we have left.
Institutions can't buy stock, they have ZERO Guidance to go on.
Analysts can't even put out any research reports with the lack of information they have to go on.
Come On Jim Hamilton!
Are you listening to us???
Probably short covering, they covered over 200,000 shares the first 2 weeks of March. I think they finally figured out that the stock has bottomed...
A double is a No Brainer, I would say more like 2-3 range for sure.
But, we need some kind of forward looking guidance from Jim Hamilton to get Institution Interest back into the stock. Right now there is ZERO interest (besides insiders buying) in this stock because of ZERO guidance, but once we get it, look out above!
Jim Hamilton, we the shareholders deserve better....
It's been over 2 months, We need an update on:
The Biodroga acquisition
Guidance on Revenue going forward (not just one quarter)
Guidance on Profitability
Guidance on Growth
and just what is your business plan going forward from here???
Who says the quarterly has to come out for a catalyst?
The Technicals alone could be the catalyst. Crossing these DMA's can spark a huge rally in itself.
Maybe an update like Jim had in the past on earnings?
Maybe a large deal gets announced?
Who knows what it will be?
The bottom line I am pointing out here is, the the technicals are looking great for the upside in this stock and it could be a lot sooner than you think.