I hope to see the activity today as a day trade by the shorts... I certainly would not want to be short when the funding gets through congress.. hopefully they will take their pennies today and get back out...
there's a turnaround
I subscribed and will not renew, the last MF print was irresponsible at best... just the (laughs) extension flavored the statements negatively and I found them lacking in understanding public information when talking about the timeframes that they were so negative on... sounds like they had "heard" of the company but surely didn't do research for factual discussion.
I can't agree more.
After the ride from $14 to $5 I decided to move to the sidelines and sell the majority of my shares just hnging on to some a base holding of 20K shares...
I wanted to see something more concrete than a restructure announcement. Seems that things on several fronts have not moved since P2 ended in 2014... The updates that were supposed to happen in Q4 2015 were moved to Q1 2016 and now that's coming to a close.
The note I sent to IR received no response... I feel that INO is still a great stock to own but I am less willing to leave my entire position intact... I raised 350K cash today and that buys a nice house in SC...
I am on the fence at this point... I didn't think the stock would behave as it did when roche exited, I do not want to re-dig the hole I was in when this was in the 5's
Maybe I will move back into the stock, but I may just take a call position out of the money about 6 months down the road...
Bio is tricky and there are no sure things... Good luck longs...
do you have a red nose? does it honk? we already had a bozo the clown so maybe you could go for BOBO the clown
I don't see this going below upper 40's without an event. There are too many 1 cent options out there ( and I recall they have adjustment clauses for dilution events. The danger would be when they are executed and liquidated
Making money on a short is just as good as making money on a long... shorting a sub $1 stock takes some guts... But there are good people that are losing money here as well and that is not something to celebrate... Congrats to you.... but show a little class
keep in mind that much of the short position was established between 10 and 12... There is a huge incentive to make it a year before closing out the position (tax short term vs long)
I am not negative on INO, just waiting for the shares I bought at 13 to look like a good investment... I did add quite a bit in the 5's...
sold 10K shares and have another 20 up
sold $8 calls and trying to close out the $10 puts I sold
The fact that this announcement came after the wait we have had... without any update on when something will happen just leaves me speechless... I may sell down to 15 - 20 K shares
updates expected in Q4 15 were moved back into Q1... I had hoped to see a delay of a few weeks, but we are down to a handful of days left.
I sent IR a note weeks ago to confirm that they were still on schedule, but did not even receive any reply at all... Disappointing at best... long 60K shares
I was wondering what people think on the topic of PTN raising additional funds.
The 10Q states - cash, cash equivalents and investments were $33.4 million and our current liabilities were $10.0 million.
will there be a r/s
what the effect on the stock rice will be
I have increased my shares since last check