Only company that can sell low nicotine cigarettes. Implies less addictive even if not allowed on label. Just how valuable do you think that is and will every cigs outlet on the planet want to carry this unique product. Is there a nose on every face. My guess...... YES.
Nibbled 2000 shares at $14. Seems awfully cheap here although chart suggests $13.50 as the floor. No volume yet. Perhaps we need Ovation news first.
No manipulation. Buyers don't show up in force every day as they would be bidding up against themselves. So a few sellers and the price drifts downward and gives others a chance to buy in small quantity without much effect on the price. For instance I just bought 500 shares at $14.85 (and 1k at $15.21).
John. I marvel at your articulateness. You must influence scores of investors. I too am in your thrall and am on tenterhooks awaiting your next post.
Imagine John.... some would consider the above sarcasm. No, not you. Reassure me.
Could financial uncertainty have led to the in the hole transaction early this AM after 10Q filed? However later action indicated all clear. Would a MM take that much stock without having a definite buyer. If so they did a marvelous job of creating a sense of demand and profiting a few shekels. Know that the MDXG guys will have theories so maybe I can learn something. I pared down some with the filing. Prepared to add more, way more once this is cleared up.
Why insider? The volume.... who holds that many shares. A fund wouldn't be in a hurry and sell below market. Maybe Schmidheiny is buying a new winery, a divorce who knows. Or some entity is buying in big time and the Swiss gave them a break. More buying today makes it appear that whoever bought in wants more.
(Maybe it is the big end of day seller at MDXG wants OSIR instead..... a joke....kind of).
Yes. 3k from $14.64 to 15.25. Shorts probably didn't like the call so drove it down after the initial retail euphoria. Brokerage floor added rationality however this market is skittish. I think there will be plenty of time to accumulate. Getting pummeled in ANY now....same old story... short nonsense. They ultimately are going to be murdered in this tightly held, thinly traded stock. And get this, delisting from the TSX is on the table because they allow naked shorting. This would force shorts to cover on "short" notice.
This is the quarter to start serious accumulation. Funds may agree or wait another quarter. Shorts will figure this out and slowly reduce their exposure.
And then there is Cartiform looming on the horizon.
Some consoling due. If puts were bought the MM would have to sell some stock to hedge. But there was some serious buying today especially EOD. Wouldn't worry too much just noted that it seemed unusual activity.
It could get even more stupid if ANY delists from the TSX which will have the effect of forcing the naked shorts to cover willy nilly. And the company is being bombarded with requests from shareholders to delist and Sphere is not turning a deaf ear. Pardon my grin. Two-three million shares shorted in a company closely held and a true float of 8 million shares and explosive growth. Did I say explosive??
Checking your various posts you must possess a buyout crystal ball and be very rich.
Don't you feel foolish spewing such nonsense?