That said this company has some dubious affiliations i.e.: GALE. However there was a large secondary that sold in full at an asking price of $6.50 so hang on this will rebound. The run up to 6.50 last week was not enough. Needs to go up and stay up. Holding until $7.
Don't you think this is heading down further? After the plummet from earnings then there was a mild run up to regain losses and now it is plummeting.
If that had not come out this stock would have soared months ago. Unfortunately we do not know how much they will be asking for and how much is in their arsenal as a poison pill to stay independent.
Try Double Top which will close a gap at $5.41. May even hit option point at $5 but should rocket back up after that to at least $6.50.
"Hanwha SolarOne Co., Ltd. (HSOL) declared that it will supply 20.5 MW of its high-performing HSL-60 PV modules to vogt solar ltd. (vogt solar), a fully-owned subsidiary of the Germany-based company, ibvogt GmbH (ibvogt). The solar modules will be installed in one of the major solar parks in the UK."
This is only getting stronger and growing. The stock value went from -.23 to positve $3.09. I would think that people would be buying hand over fist.
You can add KERX to that list also. at 52 week high!
Can someone intelligently comment on the warrants now available in relation to that jump in price last week at the end of the day prior to the warrants becoming available.
Or is this heading down? Buy buy buy is all I can say. This company has a great product. If you think AF is right go back and read his articles on KERX another great company with a drug that will totally rule the market place. AF only created buying opportunities for KERX which now is heading to all time highs.
They owe the investors that much.
$3.36 bottom for today. Dead cat bounce or not this baby is going to fly. Too much money got left on the table and plenty of MM's want it back. They will drive this back over $4.
That is because everyone is waiting for the stock offering. They issued an SEC stating that they will "from time to time" offer over 200,000,000 million shares! That is more shares than are out there on the market. That is a 50% dilution. No one is buying this until they check each morning to see if the offering has been issued. Then they only hold it for the day. I will be buying back at $2.
Then the warrents from the stock issue back in April kicked in this morning and the right to sell that stock and down it came.
Any thoughts in how that translates to survival in humans? No cure here?
The biotech environment is a difficult investing area. AF tries to help investors by ferreting out potential problems. He brings up what he thinks and you have to decide if you agree with him or not. You have to agree that the circumstances do seem very fishy with so many board members buying such large quantities of stock options, making so much money.
1/22/2014 KRIEGSMAN STEVEN A Sale at $6.13 per share 250,000 $1,532,500
1/22/2014 KRIEGSMAN STEVEN A Option Exercise at $0.72 - $1.18 per share $250,000
1/17/2014 KRIEGSMAN STEVEN A Option Exercise at $0.85 per share 200,000 $170,000
1/17/2014 KRIEGSMAN STEVEN A Sale at $7 per share 200,000 $1,400,000
As directors I would say that there is something fishy in the way these stock options were offered at such low prices. My thoughts are more that these directors should have the company's well being in mind when they do anything involving their actions. There is little benefit to the company here, they are just taking while the money is good, makes you think that they are thinking that it won't last. It makes you wonder what their future actions will be in terms of the well being of the company and bottom line we are all just investing in a group of individuals hoping they run their company well for all the investors' benefit not just their own.
Given all that the aggressive selling has not happened at CYTR, no insider sales. and plenty of buying mainly back in October. So if you think Kriegsman is only working for himself then from his actions on this board I would guess that he believe there is a much greater profit to be made in the future and holding onto his shares is the smart thing to do.