So they will raise about 1.4 billion and even after diluting the #$%$ out of this pig they will still have 5 billion in debt! HAHAHHAHHAHA see you at 25 loooooooosers
this is enormous!!!!
Wait until some of these over levered plays i.e., GDP, AREX go bk. Then you can look to get long. Crude should stabilize around 30 a barrel and should take about another 3 months. Until then you are in a world of pain.....
Where will they price the secondary? Let me explain how that works: First, they hire a #$%$ firm like Roth Capital. Then Roth goes out tells the everyone they know that BIOC is looking to raise funds. Of course, they all short the stock. Only when they have shorted this thing to death and only when they have found one of the shorts looking to cover at a "reasonable" price will they announce the secondary price. It looks like it will be priced around 2 bucks which just goes to show you how hyped up the news was. I imagine the pricing of the secondary will be early next week.
Company HAD 5.1 million in cash as of last quarter and they lost 5 million so effectively broke and in desperate need of money. Where and how they do the raise will be interesting. Wait for the secondary. I think it is priced at 2.25
A 18,491 (1) A $ 21.97 18,491 D
Restricted Stock Units 02/20/2015 A 73,964 (2) A $ 21.97 92,455 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
The application and the recovery potential for wells heretofore thought non economically viable even with crude at 40 could increase EPS for FTK by 25%
Stock should trade for cash which they are bleeding. Look for 5 bucks
You fools. 3 times normal volume and stock can barely move. That is called bearish dummies. That is some big fund hmmmmm think UK selling..
So my friends this is the end. LTBR has given up on consulting (but as I said in many posts it never made any sense). They fire their CFO (why do you need one when you have no earnings and no r&d?). LTBR has nothing more than a dream and it looks like nobody is quite believing i that anymore. It amazes me that Seth will escape prosecution but alas that is capitalism. Of course, he just may have one more pr up his sleeve. Maybe you get a chance to get out on this pop should it ever come but it looks to me that it is over. The company doesn't even care if it gets delisted. I did try and tell you guys but hope springs eternal. Well hope for that last PR but don't be fools ... sell the pop
I hear it is all over the northeast and as far as texas
Nationwide outage ... wow... watch AT&T subscriptions rocket.....
check again my friend. It is all of Manhattan. Look it up.
You will see the outrage this weekend on news....
Look it up. Vz has #$%$ off all of manhattan and i hear outage also in pittsburgh, maryland and other states. last word from vz expect no service all weekend. when this hits mainstream media it will tank. it is not an outage but an outrage
You are the retail fool that "Wall Street" loves-- the idiot that thinks a night of reading about immunotherapy has given you a leg up on the 100s of biotech funds that are paid billions of dollars to analyze situations such as this. What is wrong with you people? It's like this: I took a class at Equinox (local gym) in boxing and now I think I'm ready to take on Mike Tyson. Tell me something happy librarian are you a doctor? A biogist? A statistician? What makes you so qualified to "see" what Wall Street is missing? You're delusional! You might as well say you've figured out how to beat the casinos at the slots. See this is the disgusting part of the whole thing: under the pretense of wanting to save lives, what Kinda is doing is appealing to you dumb retail gamblers. This is why she says things like: multiple ways to win. This is why her presentations are not led by a scientist but by her (a former Enron emloyee and attorney). She needs dumb retail and that's why she talks down to her audience and speaks about the T cells being the "army" and the dendritic cells the general. Be careful dummies.....
I see posters touting multi valuations yet look under Edgar and not one insider has bought NWBO in years. Oh yea I know Linda owns millions but that's because she got all her money back via the money generated by Cognate-- a Toucan Funds enterprise that does the work for NWBO. It's called self dealing-most likely not illegal but trust me when NWBO goes to 0 Linda will have generated over a 100 million in revenue for her OTHER company cognate and you ladies and gentlemen have shares in the OTHER one. So tell me, their "lead scientist" the other 3 employees... Why no insider buys? Why can't NWBO even approach the price where she sold shares, in the hole, to that last great institution investor? If the this British investor knew so much and took 25 million at 5.90 or wherever it was why not buy more here? Guys, you don't know anymore than the hedge funds betting against you! Stop! Don't you know all the due diligence in the world, staying up all night and reading about dendritic cells, these funds shorting NWBO are staffed with statisticians and world class biologists. It's not a conspiracy to destroy NWBO- it's simply a bet and you're the sucker on the other side of that trade-- the dumb retail girl who thinks listening to Linda's CC or reading IHUB has given you insight the billion dollar funds have over looked. This story is so old. It's been dissected and examined by every biotech fund I know and all either pass it up or short it because in about a year when it's trading at a buck-- Linda will be touting DCVAX Direct when L fails ("many ways to win") and for that reason only will be a buck-- all of you will have wondered why was I such a fool. Don't be! If you want to make a wager then be small. NWBO has nothing. If they did those in the trial would be telling friends and doctors and hospital administrators and the stock would not be floundering which it has been for years. I'm not short. I'm simply telling you're living in a bubble.