Your point? I've already posted that their investment was a positive. Also, chances are very high they bought at prices below today's level (Q1) seeking perceived value as astute investors tend to do. And if you think they've never lost on a position, well....Btw, I'm SURE you already know that if you take into account their M.O. the "6000" number of stocks you quote shrinks quite considerably.
"Let's just start with the Baker Bros. Do some here really believe the Bakers would buy to open, a block of 400,000 shares to lose money? Do you think Goldman Sachs increased their position by a whopping 267% in a single quarter to lose money?"
A perfect example of the naivety I speak of. Institutions lose all the time on issues like this among others. In the case of stocks like NVIV it's called "basketing" but why do I even bother.....
"I urge all investors to contact the company about this issue. The company simply needs to do a much better job of getting their story in front of many more eyes."
I could not disagree more if you are indeed a long term investor/true believer in the company. A story is just that, a story. All the PR in the world doesn't make a company's intrinsic value worth a penny more, revenues and earnings do and last I checked NVIV still has ZERO in both those departments at the present time. All PR and hype do is create wild and wide swings like the ones we've seen the past few years. Now if you're a swing trader, which I freely I admit I am with all SPECULATIVE stocks, then hype, hype, hype away a la Frank! And if you don't believe this is still a spec you have no business being in this type of issue and probably the stock market at all until you really educate yourself on it. NVIV does not even have a legitimatized marketable product yet some of you believe it deserves a current market value somewhere north of $500M or more. Seriously??? Allow me to let you in on a little secret, BIG money will pour in IF the scaffold gets FDA approval AND it finds itself a potential market in the hundreds of millions of dollars. Until then, EVERYTHING stated here, both bullish and bearish, is pure speculation by a bunch of wannabe stock analysts who, btw, have about as much credibility as 95% on these cesspool message boards.
And those of you who cry about slow enrollments, additional authorized shares, CEO salary, blah blah blah, all you're doing is showing your naivety when it comes to the stock market in general and spec stocks in particular. This is a big boys game. None of these issues are an outlier when it comes to stocks. Let management do their job which in my estimation has been pretty good esp in light of the previous regime. They're not selling candy bars here folks. There are a plethora of issues here and it ain't gonna be fast and it ain't gonna be easy. And that's reality.
Yep, the proverbial fly in the ointment, the market. A trip back to the bottom of the indexes recent trading range would make a substantial rally extremely difficult short term sans material news.
Word of their investment brings in more longs + makes some shorts nervous + add in some bullish technical buying/covering due to price action and......we shall see.
Which begs the question, what are the possibilities, if approved, the FDA may put restrictions/specific criteria on the types of injuries it may be used for, thereby limiting its market to some, if not, great degree? I've followed enough FDA in-wait stocks that nothing the FDA does surprises me any longer including non-approval of what appeared to be slam dunks.
Day to day, hour by hour, mikepizzotti. Assuming no late day heroics today looks like a daily RSI a shade below 30 before we even begin to think about any type of sustainable bottom.
Newsflash!!! Calling IR will do nothing either except for you becoming known to them as a pain in the butt, among other things.
with no earnings, no revenues, no approved products & unknown approved uses along with uncertain market metrics should be worth $500 million-$1 billion or more before anything certain is known, don't you? On another note, can anyone help me with what the term "market bubble" means? TIA
One heck of a last 1/2 for sure. RSI 40 saved, for today anyway. Felt like short covering to me. We shall see if it's something more soon.
News of 4th patient conversion only delayed more selling, er, "manipulation" as the rally to retake the 50 dma rally has fizzled rapidly. Now RSI 40 is in serious jeopardy increasing odds of a retest of Feb. lows previously stated in this thread. Just how markets work...