I hope you are right as no one in the OT board looks hopeful. Did you ever see anything like NAVB - Crede deal earlier? just checking if we can compare something and get some info to be more enthusiastic as I really feel bad about the continuous downfall.
I hope that Crede deal was done to get rid of shorts and stock starts acting up like normal after that debacle. Then that will be more than enough. I hope management did do something behind the curtain to handle the shorts. Next shorts report will confirm that but hope for good.
Citi, I understand this is manipulation and techniques for the hedges to make money ... Millionaire to MM But you did not notice my question, what is wrong with this stock? why people are after it?
Citi, you did not comment about the downfall from 2.87 to 1.96? Also, if 1 million shorts covered in 15 days, that means around 9-10 more months for this 18.6 shorts to cover? Do you think the direction for this company is good? Don't you think they are wasting the time and a lot of money for so many things at the same time, not focused at all?
If Crede's deal was so attractive and good for the company, why did we see 30% decline (2.87-1.96)? why did we go lower than 52 weeks lower that was 2.14 and now 1.96? Why there is no buyer for this stock right now? why the short interest is at 19 million level?
So you bought it 6 years back and sold it @ 3.75, then you slept and woke up to scare people right now? What's up with you guys? Do you know that lying is actually kills your earning? Please stop this lying and be honest!
Who: I don't think you it is a good idea to compare google/apple with a biotech. Biotechs have their own plus and minuses while Tech companies have other dynamics.
But, I hope you are right that the company is in better position and will be doing good in future but the stock price does not reflect that. Anyway, time will tell what happens in few weeks and months. GL to all longs, hope we see a good time soon!!!!
Who, I know what you mean but please guide me why they had to go for three dilutions within few months (JP, GE and Crede)? that shows that the cash burn rate is high. I can understand they want to accelerate in their research and proceed quickly but the point here is "Two heavy burden to handle" (for a tiny company like this)? I am not the only who is raising this question, I have read the voices in IV as well about the same thing:
Don't you think that Manocept or other new products in the pipeline is actually killing the company? Management's obsession regarding Manocept forced them get more cash, that's why they went for dilution over dilution. In my opinion this is just pressurizing the SP and really bad for the company. Adding more and more stuff to the pipeline has more odds than goods.
* Too much big pipeline means more cash burns
* Too many things to handle at the same time could get them loose focus
* Too much big pipeline will always lower the SP down until the products get go the market
* Too many products in the pipeline will force them to go for dilution in few months, that's what we are seeing now
I am not sure if the theory floating around is that the Crede deal means, half of shorts will cover with "SALE Time" (which is already over!!!!) and rest will be covering now (meaning taking it back to 3+)? Please share your thoughts as it is just a theory and no one knows for sure.
I agree, they cannot run a company. They are dump and not able to cash an already approved product. Shame on management.
The ONLY plus for the crede theory that shorts are covering but we don't know for sure until we get the latest shorts number. Is there anyone who wants to guess the shorts figure? now we have already hit the 52 weeks low.
Man, shorts were absolutely right about this #$%$. NO one could think about what management was about to do... no doubt this stock is the worst!
I am not able to understand, what type of investment if they got @ 2.84 and selling @ 2.19? Why taking loss? What is happening?
You are just a pumper that's all.... If you are working in NAVB office, you should concentrate on your work instead of spending time on MB.
Why do you think that EMA is already priced in? I don't agree with you... @ 2.8x it was but not right now. what do you give for the pipeline? what do you give for the FDA approval? I am not sure but looks like a BIG GAME right now... Need a lot of explanation from management, more then ever before