Thank You RF
You're the man.
I have been addicted to fishing and spending time at the lake, but will get back into researching and analyzing this fall.
Thanks for your special TA.
shares as I see this going back up with the new deal with Japan and much more news on the way the rest of the year.
I believe bottom is in...if not I will buy more, anything below .07.
As much as I dislike management this one is just too oversold right now and should go well past .10 to around .15 to .25 by EOY.
You continue to amaze me Fanelli. Do you see a bit of consolidation or sideways action from this level or do you believe the next leg may begin next week?
I probably agree with you a little bit about Arg may have been a bit lucky--he is very smart--from the posts I have read, but you have to think about it...things have Changed Big Time in the past 25 years, with these Super Computers that can wipe out traders and they can analyze news in a second when it can take us a day or two to fully comprehend. It is tougher to trade in many ways because of these computers and the ones hedge funds and others use. The smart investor cannot get preferred shares any more. It has become even more of a Big Fish Game than it ever was. You see much more Manipulation in all markets.
I do have to say I disagree about the chart comment as I have actually done much better by trading the charts as opposed to learning every aspect of a company. I am constantly learning different ways to read and comprehend a chart and read the clues to potential moves.
Do they work like I think all the time? NOT hardly, but 50% is good enough for me as one has to learn to take losses. Know when to hold and when to fold is a huge part of the game as these computers appear to want you to sell for huge losses.
Combining the charts with the fundamentals of a company can really help forecast where a stock will be in six months to a year and use the charts for buying low points and selling high points. Understanding when a stock is overbought, oversold, in consolidation or being accumulated is important.
When a good stock doubles after a long downturn...like JVA, it should have a period of consolidation before the next run.
I may add this AVI Moron is just that. A paid basher or a dumb short.
What matters is they have a drug that is better than Doxil and much better than doxorubicin which is still very widely used.
They have a platform technology that can be used on other drugs, which will come soon.
The only thing that could hurt this stock is bad news about the GB trial, which is a risk...but that is a big money arena and I guess they must of seen something that indicated it would work.
Go Ahead you Idiot. Short at the bottom, Brilliant.
You have to know what you own and you have NO Clue, you cannot understand what this will do for cancer in a day of research.
Go ahead and do what you have to do and I'll place my long bets and we'll see who wins.
I bought all of my MNKD at exactly $2.00 and have told relatives (with diabetes) about this one for years, now finally it is approved.
Unfortunately I did sell all my shares just below $4.00.
Considered buying prior to adcom when the negative articles came out and it went back towards $4.00, but didn't.
It does have a chance to change the way diabetes is treated.
As far as CTIX...I now only own 10,000 shares as it didn't take off and the volume is inconsistent. Whenever there is a lot of volume there must be a lot of sellers.
I believe this will pop sometime this year, and add when there is a definite buy signal.
I've been fishing a lot so not around the laptop very much, but can't wait for this to hit new highs.
Once again Fanelli, you freaking AMAZE me with your Technical Analysis and I have been trying to learn from you as you have nailed it much better than my TA.
I agree with daily closes to the 20 sma is non-significant and I agree that this is temporary.
I may spend some time on analyzing this one from my point of view on TA this weekend, but I am having too much fun fishing to focus on TA.
Do you draw trend lines?
I see this stabilizing around 1.50.
I just hope the bio indexes do not Double Top or that could have influence.
I do enjoy your posts and if you hit 3 10 baggers that would be enough money to retire on.
It is sad to see you....the most positive of the bunch with exception to DQ be so negative.
I do understand your reasoning and believe it or not I feel the same way. I would be thrilled to see this at $3.00 again.
If they can just get a good Trimesta deal accomplished that would make us all very happy campers. I do agree that they are awaiting Cognitive results and possibly a talk with FDA about year one fabulous results of T.
What other ones do you see having potential...if you hit 3 ten baggers, that takes a lot of quality research and foresight. I have yet to hit a ten bagger personally, maybe just possibly towards the end of this year with ctix as I bought it originally at .23.
I do like ONCS for the long term, possibly MSTX for long term, BCLI has a good shot...I did get a 50% gainer from that one but no longer own it, a low float sleeper could be CASI.
Solracp25 is correct
The insiders have been buying this stock for years at huge discounts to the regular price and now finally shareholders are beginning to get fed up.
They have to change their cash burn rate because they don't have enough money...look at the balance sheet and last 10Q and do the math.
This is a Patch job if I ever saw one on a sinking ship. It may not go belly up but the amount of money these two insiders spent was not even enough for one month of Cash Burn.
I will wait until this truly bottoms out and is on the way back up. This isn't your normal Correction, this is a Fundamental whipping due to lack of cash and the probability of an enormous amount of outstanding shares to be added.
Until they figure out how to achieve at least a years worth of funding that is not going to kill the shareholders with dilution and give the MM's plenty of shares to sell, I am not going to buy this one. It went from .23 to .06 for a reason and its not a technical reason...technical reasons they usually go right back up....this was/is a serious cash flow problem and they are going to have to manage money better.
They need to figure it out fast before this is sub penny.
If they take out a loan the only way to pay for it is to slowly dilute and this will take away any possibility of a sustained appreciation of price.
I am in Wait and See mode for this.
They have to do something right now, they can't wait until the very last second like they usually do. They have always acted in desperation and when you do that...the decisions are not favorable to shareholders
This is no longer an investment stock, it is a day traders stock.
A very large reverse split will come, but not for a year or possibly two.
They need money in about a month and they have no options. Since stock is at .07, next financing could be at .03 or .04 and just a ton of shares.
The collaboration announced...shareholders are not falling for their B.S. anymore and that is years and years away from amounting to anything. This was a move out of desperation and now I expect them to try to hype this stock with Penny Pumpers who pump and dump and the only people it is good for is those who SELL and not Hold.
Holding this stock is like holding a stick of dynamite with a very slow burning fuse. You never know when it is going to blow up and bite ya.
These guys are in financial trouble...like I said before, if they wouldn't of continuously fed shareholders lie after lie about the IND and would have been totally upfront and honest about it, this may not or should not be at 7 cents, maybe around .15 cents which would make the next dilution about .10 for the idiotic Smucks to give themselves shares at another 25% discount.
They seriously have no clue how to manage as stock...I have been in bio investing for 16 years and this company's management is definitely in the top ten of Not Telling Truths, Never meeting Expectations and Diluting/Stealing money by giving the themselves great deals way below the share price.
Watch these guys closely, the stock has dropped a lot more than I actually expected it to, but that is the shareholders saying NO MORE Giving Yourselves Deals WAY Below the common share price and expecting us to suffer. Now it is your turn to suffer and finally pay for SCREWWINGG us all these years...A-holess!!!
People forget negative articles after a month or two, but if the Anti Sense drugs indeed end up being not safe enough to market... this will tank. Even if one turns out bad the perception will be that they all are no good and shorts and bashers will write negative articled and destroy this stock.
Other side...no news is good news for the long term pipe dream and if one ends up safe and effective it could be a $100.
Kreigsman is a thief and if he had any morals he would resign.
About the GBM trial...I AGREE and have said that before.
I do believe they have a drug that will work and be a top seller, but strategically they are not doing what I would do if I had a drug like Aldoxorubicin.
If GBM would work it this company would be worth multiples.
STS works and NSCC could work also.
Kreigsman is also an idiot with his projections.
New Quality management is what this company needs. They gave themselves a ton of options just a day ahead of announcing positive results...they KNEW the results would be good and that is STEALING and business wise very unethical...I don't care if they did give options the same time the previous year, that doesn't mean Squat to me.
The Snake needs to be chopped off at the HEAD.
I am also long, but management are a group of scoundrels.
I'm not sure why people would be selling here unless they need money or if Aspire is dumping shares (taking profits) every time we get some volume. If this is the case this may be stuck around this price for quite a while.
Leo eluded we could hear of a new drug to the pipe, when IDK, hopefully he will save this for a Bombardment of Good News.
I have no clue to when it is going to take off, but it can occur very quickly from my past experience in this stock.
Will this be a lame duck until most of the news is expected by October? IDK, but this is truly something and it is really under the radar. Brilacidin has not even been factored into the market cap yet.
I think if good news on Prurisol and Brilacidin comes out then the 52 week high will be kissed good bye.
I always have a little bit saved in case the price gets bid down toward the weekly chart lows.
Think of all the conditions this could treat-- Ear, Eye, Skin, Diabetic foot sores and the trials should be phase II ready and phase III next year possibly for both Brilacidin and Prurisol. Hopefully Kevetrin will finally find a MTD by then.
The past 3 years seem like a lifetime...Patience is not easy.
Yeah No #$%$
I guess that is what we get for trading on OTC.
I don't believe this would be under $2 if it were on Nasdaq
Yeah, this is a GREAT buy right here.
This technical pullback was necessary for the next major move.
It still may fall a bit more, but anything below $4 and you will be rewarded. Institutions are quietly accumulating.