As posted here on July 10, I placed a "Strong Sell" on GTXI, with a price target of 75 cents. At the time, GTXI was trading at $1.35.
On August 7, GTXI hit an intra-day low of 81 cents; a mere six cents above my 75 cent price target. Close enough.
Having realized my price prediction - and, in turn, proving exactly how clueless the apologist victim long pumpers are, and have been, concerning this failed stock - I will now be moving on.
I reserve the right, however, to occasionally revisit this message board; and especially in the event the apologist victim long pumpers attempt any sort of revisionist history, and/or the failures-in-charge at GTXI introduce yet another self-serving, shareholder crushing initiative.
I truly hope those of you here who read my posts were either convinced to not buy this failed stock, or if you already owned GTXI you sold months ago and saved yourself a lot of stress and money.
That's what you pumpers were saying when Hyde and Company bought in big.
They're now selling, however; as noted in the recent filing.
Perhaps you should scoop up the 22M+ shares they plan on selling. Or maybe you'd prefer to wait until the proposed $150M dilutive financing kicks in?
And less than a month later, my "Strong Sell" downgrade proves the correct call.
One could always "count on (the) research" provided by these insightful, self-sacrificing pillars of the Yahoo message board community.
Remember: they were here to help you do the right thing and buy, buy, *buy* GTXI.
So back up the truck and load up on this coiled spring before it leaves the station and shoots to the moon!
Yep, it all points to a bright future for the apologist pumper victim longs and their collective "investment" in this failed stock, doesn't it?
If only the "bashers" could see the truth...
Which will now NEVER happen.
Can you believe how completely out of touch with reality the GTXI brain trust is? They proposed - via a mere SEC filing; and not supported with any press release - a $150M raise at a time when the total market cap of the company was around $100M. Like this would EVER happen.
And now the market cap is around $55M. Yep, I can see investors RUSHING to spend $150M to buy *part* of GTXI. Makes perfect sense. And even more so now, seeing as the majority shareholders are selling big.
Again, for those of you that missed my previous posts, the people ostensibly in charge of this failed entity do NOT know what they are doing. They are CLUELESS, and should NOT be running a publicly traded company.
As (once again) proven by the stock price.
So, who hit the "down thumb" a month ago on this post?
Come on now, don't be shy. Today's just another "buying opportunity;" you'll be fine...
It means all of my bashers have been proven wrong.
Which is why none of them are man enough to post here anymore.
I tried to help you victims by telling you - time and again - to bail out of this stock.
I warned you that the failures-in-charge were incompetent, and that they did NOT know what they were doing.
I told you that the GTXI brain trust had no clue how to properly manage a publicly traded company, and that their YEARS LONG failure(s) would soon result in big losses for shareholders.
You were warned, time and again. And yet, instead you listening to FACTS, you spent all your time bashing me.
Well, welcome to reality, victims. You only have yourselves to blame.
I look forward to the apologist pumper victim longs explaining how this is a good thing.
And then there's still the previously announced $150M funding scheme to look forward to, right?
The future is most certainly looking positive at GTXI...
Your post from May 23rd is still making me smile:
"The fact remains that the guidance hasn’t changed and the insiders haven’t sold a share. In fact, the actions taken by the board are exactly what you should see when a company prepares to transfer into a manufacturing company. They hired experts to deal with the EMA and are preparing warrants ahead of the need. Anybody else wonder why they issued warrants when they have enough cash to get through the first Q of 2015? In speculation, the next step would be to bring an exec from Merck."
You still clicking the "Strong Buy" selection for GTXI?
Those that listened to me and sold saved a LOT of money.
Those that chose to listen to the self-serving apologist victim long pumpers, however, should contact these same apologists and request that they cover your losses.
The apologists are your friends, right? So I'm sure they'll do right by you...
That would be quite an accomplishment; and especially on no news.
So when a stock goes up big, the pumpers seem to feel "someone must know something."
But what about when a stock tanks like GTXI is taking today, and on no news?
No, it's just "market manipulation" when this happens to a "winner" like GTXI, right? No need to worry!
You won't see this happen with GTXI.
And still, not a peep of support from the GTXI brain trust.
Odd how the people with a fiduciary responsibility towards shareholders have done NOTHING in support of shareholders, isn't it?
Or... maybe it's not so odd after all. Because maybe the people who CLAIM to be working on behalf of shareholders have, in fact, been simply looking out for themselves.
GTXI has lost around 80% of its value in ONE YEAR. And 25% of this loss has happened in the past MONTH.
And the GTXI brain trust has been.... mute.
90 cents would be a GIFT for the pumpers.
No, any raise at this point would be at 75 cents. And you best believe GTXI would fall a LOT lower than 75 cents on this news.
And then there would most likely be a reverse split at some point.
All in the "best interests" of shareholders, of course...
And the CEO has plans to raise $150M, when the market cap of the ENTIRE company is $80M?
Who will buy $150M in stock and warrants and, in turn, own PART of the company, when they could simply buy the whole company for FAR less money?
Answer: NO ONE.
This is indicative of the "brilliance" of the GTXI brain trust. They do NOT know how to properly manage the investment community's expectations; they do NOT know how to run a publicly traded company; and they do NOT know how to provide a return on investment to shareholders.
Co-founder and "interim" CEO Hanover has been an abysmal failure; just like co-founder and former CEO Steiner was before him.
But there is a silver lining: Hanover is getting paid around $500,000 a year to fail.
That's works out to about $42,500 a MONTH - each and every month - and no matter how far the stock keeps falling.
So don't you apologist victim long pumpers worry - the CEO *will* be paid for his "work" today!