I would imagine the individual, hedge fund or VC that acquired 20m shares and then some is holding this long-term, not some 3-month swing trade.
If this goes to 25 cents, okay, they prove how bright they are.
If this goes to $3 or $5, I guess we know the answer of how bright they are.
It's early in the game bro, time will tell where she goes.
Fur - I like your thought process about accessing a PD1 however would that be ethical or even legal, technically speaking? Just because big brother provided X lab to use a PD1 for a trial, wouldn't that be exclusive to X lab and X lab only? I highly doubt there would be any cross-sharing as far as out-licensing goes. That would cross the legality borders.
Technically Dean, you won. .646 minus .08 = .566
.566 times 1.17 = .662
Our HOD was .6599.
Check. Game. Match.
I missed the .30's and .40's but was fortunate to pay .58. The run is over for now, PVCT looks tired. No way would I ever hold that long-term.
I paid .58 cents my friend. Not complaining at a $1.19 sale.
Luckily I was not trading the stock at $2 or more. Too bad I missed the early morning rush to 30 cents. That would've been a 400% gainer in 3 weeks. Insane money to be made the day the stock resumed trading.
Sold my PVCT for 104% gain in 3/weeks after Sal's advice not to buy. Only threw in about $16,000 and change for a quick tax-free flip. Nice call Sal. Now holding 255,000 ONCS. Free money is right.
Over on iHub....
salgovernale69 Friday, 06/06/14 01:08:23 PM
Re: Tremors post# 14895
Post # of 14926
It will probably be until July 10th until we know what tutes bought the shares, unfortunately. Unless of course the unlikely hopes we all have comes to fruition Monday, that this offering was actually somehow tied into a partnership deal.
He laughed at me when I said it would be on the 10th day of the following month on here, now he's acting like he knows everything. Sal's a funny guy....
It tells me they are in bed with someone else (hedge fund, venture capitalist, large biotech investor or small investment bank (big banks wouldn't touch at this price). It also tells me that there's the possibility of much more to come ($75 - $16 = $54 million remaining) as soon as she heads higher, maybe slightly past $1.10 or $1.20 just to simply ensure "someone" has already locked in their gains and has their floor in at 71 cents.
Simply my take here.
I have most of them ignored on here anyway plus the random idiots that post 100/times a day to sell, gloom and doom and end of the world folks.
It's best to be a cautious long here, simply know your investment and do not fall in love with ANY investment. Longs make money, shorts make money, pigs/permabulls get slaughtered.