Move on, I did in the 1.90-2 range and sure glad I did, the market doesnt care about your hopes and wishes,
" put them away for 5 years and you'll be ritch " I recall some BOZO long posting a bunch of times, bear markets right around the corner...make some money while you can, get into cash and buy at a later point if its really gonna take off...wont be any time soon. there is plenty of other better stocks to buy, good luck
Just to clarify to everyone that posted, all valid points but with such a high share count, no biotech funds invested yet, and a Bear market right around the corner....its my belief-gamble that I will be able to buy cheaper at a later point, meanwhile with INO's prospects all the same. good luck
Why hasn't even one Biotech/Healthcare fund even started a position, or as much as a 13G? I could name 10 funds that I track, and most of us should be familiar with them....not even one, for that reason I was forced to sell. Great run the this year, not sure how ugly it might get in the next year. good luck
I thought about it and I'll live with my decision either way, I would have had an almost 500% gain a few months ago but I didn't have an exit plan. Like I said, where are the healthcare/biotech funds....no where to be seen...that is why I am out, given the 200 plus million share count. peace
I have to say I'm not willing to hold INO through a bear market given such a high brutal share count, barely any institutional ownership and the pipeline for the most part is still early. That said I feel INO could be a big winner eventually, Dr Kim is the man, and the science could be revolutionizing! What baffles me is why any of the major Biotech/Healthcare funds have not started a position or even a 13G etc, for that reason I am out with my 300% gain, hoping to pick up on the cheap in the future!
Good luck homies!!
the ppl throwing out pps in the 6-10 range, or 10-15 within the next year are a bunch of BOZO'S. They are not in phase 3, a Bear Market is right around the corner, and unfortunately for all of us....look at the bloody float, there is a lot of shares out there ppl! If we're lucky, if phase 2 results are good ( should be ), and some unexpected surprises.....we might hit 4, and stabilize around 3. good luck, I hope I'm wrong!
That's the magic question and answer, most of us are at a loss for why this is so undervalued.
I completely agree with you, I'm just scratching my head and wondering why its so cheap...maybe something that I or the rest of us are missing. As I type, its drifting lower...I dont get it
If I recall correctly their income was fairly concentrated to a handful of customers....could that have something to do with the lack of movement?
Maybe so, but I'm not into playing the waiting game when there's plenty of other opportunities out there. I don't see this Bull market lasting that much longer, for that reason I'm forced to move on. Good luck
Hopefully I dont regret it, I'm shocked at the price given the earnings
Any thoughts why this is under the radar?
This price action is brutal, they seem to be way undervalued