She also just stated that she has taken many photos and vids and will try to post them. Stay tuned.
I was one of the original members of that group. It came about years ago when someone just wanted to get off these yahoo boards. I don't even think the original creator is active in it anymore. I think Jesi or Yara should post it on the main GFM site as well. The video is taken by Yara and shows Jesi moving her legs in her wheel chair and Jordan saying "that's awesome. I can't do that". I'm seeing a disconnect between what the article stated and what was on the video. I don't get it.
Both are good companies with good pipelines. I prefer INSY due to Subsys gaining substantial market share to fund the pipeline, and the company's history of gaining regulatory approval with the FDA. I don't find fault with GWPH, but you know the forum will be biased. Good luck.
Jenn, my advice to you is read the prospectus. I had the opportunity to buy this at $16 in the IPO and passed. While it looks like I made a stupid decision, I still think I did okay with the information I had at the time. The company loses money, has way too many employees (685!!!), has increasing expenses, has massive competition, and is using part of the money from the IPO to fund a non profit to support women in the workplace (not bad for publicity, but not good for investors). The current valuation is insane, and it will have a long way to drop from here most likely. Just my 2 cents.
What a nice haul. I was too worried about the yoy losses and valuation to risk it. I should have went for it. Enjoy the extra $$$.
I had the opportunity to buy $2,500 worth at $16 through Morgan Stanley but didn't take it.
I felt there were multiple reasons why this would be a flop:
1. Increasing losses yoy
2. High number of employees for an online company
3. Part of the offering going to some non profit for supporting women in workplace (kind of a nice cause but useless when it comes to returns).
4. High number of competitors in the market
Something told me I should have just went for it because of the crazy way the market buys IPOs for no reason. Oh well ....
did you turn back to negative now in order to flip, or did you forget to log out of one of ur many screen names. You are the worst flipper.
If it is "old news", it shouldn't be included in THIS year's 10-K! I even mentioned that it could be an oversight, but that in itself is sad. It basically equates to, is the company inept and lazy with its filing, or are they being truthful and revenue is still several years away? Either way is bad.
I saw that too, but that is in an entire other section detailing approval for commercial sale. Why would they leave out potential revenue from some LYMPRO sales by stating in their financial risk section that they don't expect revenue for "several years, at the earliest"? Is this more of an oversight?
Normally I don't like to bash, but please read the following DIRECTLY from the 10-K under the financial risks.
"We do not anticipate that we will generate revenue for several years, at the earliest, or that we will achieve profitability for at least several years after generating material revenue, if at all. If we are unable to generate revenue, we will not become profitable, and we may be unable to continue our operations."
- I thought they were trying to gain revenue for LYMPRO through CLIA by end of this year? It even says this higher up in the 10-K. Why do they say that they do not anticipate any revenue for "several years"???
And then there is this a few lines above: "Our independent registered public accounting firm has expressed substantial doubt about our ability to continue as a going concern, which may hinder our ability to obtain future financing."
- The accounting firm is expressing doubt about continued operations? Am I reading that correctly?
Am I blowing this out of proportion, or is this as bad as it seems?
Btw, I have no position and can't even short if I wanted to (my broker doesn't allow shorting under two dollars). I thought the company had some potential, but it doesn't look good to me.
The dude is a fraud. He actually used to bash the stock back when it was flying up. Then he changed his tune after it dropped, and now he's its biggest pumper. He's a flip trading shill.
Again, no expert. Three year frame with weekly candlestick. Left shoulder around beginning of October 2014, head forming between December and February, right shoulder currently forming, and neckline around 24. Normally, the head is more pronounced (this is more of a 'scrunched' head).
Looks like you are correct. And it seems to be forming a head and shoulders pattern on the longer time frame as well. I'm not seeing fundamental reason for all this. Kind of sad to happen to such a good company.
Sigh, it looks like the pattern didn't hold and it fell off near end of day. Looks like you are right pcspecial. Sad to see this happen to a good company.
You answered your own question. "This is not acting like a mature stock", and it isn't a mature stock. It's a penny stock that needs massive financing to continue its operations.
It's fairly simple. The company has no revenue. In order to continue on with their expenses, they have set up financing deals that lead to share dilution. This is the dilution that you are seeing, and it is the reason why the price is falling.
Agreed. I looked at the chart before reading the board this morning and thought "wow...someone is REALLY trying hard to push this lower."
I'm not usually a basher, but I will say that GC is good at being a professional carrot dangler. I fell for it and lost big last year (after the conference he was pumping). I've been on the sidelines since.
If I had to bet on it, I would say that some big firm had an algo set to buy when an article about exxon hits the headlines for WLL. Today's market is so screwy.