just FYI, they didn't exercise the options, they were awarded options. So its a non event. MCC data will be positive, but again they declared that was a direction they won't be pursuing and it is only further evidence for the combination trial. I expect we will go up, but cautious about how far till we get data on combination trials pre-clinical and P2b
Save some of that excitement till we get bought out. Fyi, the newest board member has connections with a large competitor through his previous employer. Always a good question to ask why does a M&A expert who has been retired for 2 years get brought on to a board?
It has happened to me on many occasions with Pink and Grey sheet stocks. I think sometimes they trade on a first come first served base. I have always had my order filled, just had others cut in line at lower prices. Works in my favor sometimes because my order usually fills for less than my bid.
I'm liking the action so far, a nice healthy retrace, expect it to start going back up again soon.
Alright, for those who do not know. Sal is a paid employee of a Hedge fund or institution. He was planted here a long time ago for this exact purpose. He and Jbem both are using this Message board to manipulate stock prices and run P&D scams. Any response to him basically helps support his foolishness. I'd recommend ignoring him. The only thing Sal ever shorted was every waiter that ever served him.
You are not entirely wrong on that. Though I don't think selling ITMSF is wise till they have announced the 2nd deal anyway. Even then it may still have room to run even in a bear market
and I think your 4-5 month time frame is way too long. I'm thinking 6 weeks as management was very clear this first deal would close by Sept 30th. We may not know the details of the deal till then, but when it closes we may find more value than has been let on. And the 2nd deal may close well before that as well.
Well, MG didn't pick GTAT, and DLIA was a long shot. ITMSF is easier to see because it already has the deals necessary. Hopefully you aren't one of those simple minded people that just automatically assume all stocks are the same.
New article out by Mark Gomes on SA. He has a PT of $1.70 ish, but tends to be conservative on these things. I kind of disagree with him, if these 2 deals are 50% margin, that is going to be over $100M in revenue coming in to a company that maybe sees $3-4M a year right now. If half of that is profit you have $0.50 pps in earnings. Be hard to justify a price below $3-4 upon completion of both deals. Only real risk is Geo-political unrest and having funding fall through, not sure I see either of those happening, but we'll know more when we find out what Countries they are.
The CEO put it very straight that they have vastly superior technology, what they lack are the programming for hazards beyond flooding. But they have the data for that, just need a programmer to put it together. Their platform is easily worth $100m+ or 2x Market Cap. Buying ITMSF is about the smartest thing a person can do right now. The only real risk would be some kind of turmoil/uprising in the Countries that are about to sign deals. The CEO straight out used $1B as the value he believed was coming, ($10PPS).
Looks like those that subscribe to SA Pro are really liking the information put out today. Everyone else gets to read it tomorrow and that could easily put this into the .60s. These Mega deals are really setting this company up for a monster year next year.
I'm drunk, no impulse control. You had nothing to do with it. If you had, you would actually have a purpose in life. You seriously fail to make a rational argument. If you are saying I, or anyone here was early in investing in ONCS I fully concede the point. If your statement is ONCS is a bad investment, you are quite foolish. But you are not capable of thinking for yourself. I'm drunk arguing with a fool online, what is your excuse (don't answer, cause I don't care).
You are correct. It is the same clowns and Sal that have 0 understanding of investing. They can't figure out that some people may have avg down, and some people may just be waiting for the reward that is coming. Sal was and remains a fool, his alternate I.D.s remain fools, and so do all these other knuckleheads that keep talking stock price and nothing about company value.