This move is backed by daytraders who hop on whatever is going up. The financials (revenues up 7%) are awful.
Even bigger news, one patient in Europe. When was the last time you saw a company brag about having one customer?
Revenue up 7% is big news? I would call that a failure given the growth of its competitors . Also considering they raised their price in 2014 there was likely no growth in patients. Sorry for the truth.
You have obviously never scored a debate. You have James detailed experience and explanation vs Ora's "facts" including his 1000th repeat of the Reuters immunotherapy is a 35 Billion a year business, yet he forgets to mention all these articles he is always quoting never mentions the company he pumps. In "fact": most of his one sentence posts are either repeats of previous posts or nonsense accusing anyone who doesn't support his dribble as being a paid short. "Me thinks he doth protest to much".
From the SEC sight
The Schedule 13D form not only reveals who owns most of the company's shares, but also introduces the owner (or owners) to investors and provides contact information. It's filed within 10 days of any entity acquiring 5% or more of any class of a company's securities.
Clearly no one is buying any meaningful amount of shares. If they were the volume and price would show it and the acquirer would also have to file with the SEC. The lack of this buying is very telling.
hmdasti If the daytraders, hedgefunds and other investors who are tuned to this stuff caught even a whiff of interest in this company they would be buying. You would see skyrocketing volume and a rising price. The lack of this buying is very telling.
What will the offers for DNDNQ be? What is it worth? The answer is in front of your nose. The company is being auctioned off every day and is currently selling for and valued at 8 cents a share for a market cap of 12 million. If there were forty companies out there engaging in a multibillion dollar bidding war for this don't you think there would be a few leaks or attempts at front running this? There are people and hedge funds that make a living at doing this type of thing, where are they? There have been countless suggestions on this board by the hopeless longs of insider information and conspiracies that have controlled this company. Where are all these people now? Why aren't they scooping up these cheap shares? The answer is right there in the price, its time you look. I await the usual thumbs down and questions about who I work for. A better question is who do the pumpers work for? The same longs claiming there was an Ebola cure in the works. Alas the Ebola cure and the buyout thoughts are but a cruel joke.
guy What is your counter argument? You claim he is lying, I suspect than you have information to the contrary or are you just blowing hot air?
In a taxable account how are these payments treated? Are they income or dividends, any goofy tax implications or advantages? Thanks again.
I am looking at adding some MLPL to my portfolio. I have the choice of putting it in my Roth, which I would prefer, or standard taxable account. I understand there are issues with doing that with most MLP's however it looks like this one treats its payouts differently and issues a 1099 rather than a K-1. Does anyone have thoughts or experience with this in an IRA that can comment? Thanks in advance,
They "hinted" at BK ? No they were very blunt, what they said was they can't afford their debt and shareholders will likely loose everything. Not sure how else to tell someone without hitting them in the head with a hammer to get their attention. Of course if all you do is read fellow long/pumper messages you may have been fooled.
Insider selling? There has always been an orderly selling of some of the options the insiders receive. You seem a bit nervous to be in a biotech. Stock is up like 65% this year.
You really think they turned down a billion and elected to go BK instead? You are aware that the people you are accusing of being lying, cheating, thieving criminals own shares as well, shares that are now nearly worthless. Have you ever seen a 10 cent stock suddenly get bought for $10? If there was a company interested at any where near the number you are suggesting the current price would reflect it. The price reflects the overall markets thoughts on the value and future hopes of this company. Of course if the whole world is in on the conspiracy being claimed here I suppose its possible to keep the price down.