gotta love all the action today
Sentiment: Strong Buy
but the main reason is, the stock in the past was over $20. It was over $20 and pulled in a bit. The number one reason this stock will hit $5 is because they did a reverse split. Everyone knows they have their auto injector dosing a set amount in the trials. This amount is the test amount. Most women have been waiting for this drug for eons. Institutions now realize where this is going. Palatin has eliminated other miss steps and has worked closely with the FDA to outline the criteria for their phase III trial. $1.50 then $2,then $3. It honestly won't last here long.
oh and one more thing. They just got $1.85 million from New Jersey, so add that to their cash pile, which brings them up to $25 million in cash, zero debt.
there's ony 39 m shares, 27 million out, 40 % is owned by Institutions. They have 23 million in cash, zero debt. Clear as day he said they would need $78 m to do a phase III. So math 78 - 23 = 55 million to raise, but, they have 2 deals coming up with a Eurpoean partner, and a US partner. The stock cold very well be sitting at $3 by then, and with incentives, and kickers, Palatin could be bringing their auto injector for Female Sexual Dysfunction to the market at minimal cost to them. If the stock hits $5 because of the low float spikes, then they raise 55 million with 11 million shares. My guess is that they will have a European partner sooner than an American partner, not because the Europeans are more sexually liberal, but rather because they have more than 1 American partner interested.
it was a trade I tell you
we will be singing Dixie
let's just hope it goes to $10
I disagree, MARXE and DAVID are machines tied by rules to buy and sell, they only buy low float stocks and they take their gains; they have already missed out on another 37 % gain in BWEN so I really don't think they are anything to worry about in any stock, they merely provide an opportunity to buy on any pullbacks; this float is so brittle and volatility is bound to happen, but the valuation is becoming more aware; check out the solar stocks for example; CSIQ and SCTY have been on fire; BWEN is in its own league; just imagine if that 'irrational exuberance' comes back to wind lol, there's only so many shares, and MARXE and AUSTIN sold half of their position at a low ball price, they can buy back in much higher; this will trade on a daily regimen like every other stock
all weak hands please abandon ship
lol, nice push, and yeah, we're all waiting to see an actual product. If ya'll gotta start with THC lip balm and Cannabis Condoms, bring it on, those dollar items are worth a million, and at least you will have some revenue to put on that thing called an "income statement'.
why are the warrants at .80 cents? because we go there next next; F #$%$ Canadien butchers
Mark D. Klein, National Holdings' Chief Executive Officer and Co- Executive Chairman, said, "During fiscal year 2013, we achieved strong financial results and considerable progress in the execution of our growth strategy aimed at enhancing revenues, improving profitability, strengthening our financial position and reducing costs. We also strengthened our operational focus through the acquisition of Gilman Ciocia and consolidation of its Prime Capital Services, which created a retail sales force possessing in excess of 800 registered representatives and 147 registered branch offices. This strong performance reflects the favorable market conditions we witnessed for the majority of our financial products and services in the 12-month period. This included our investment banking group's participation in approximately 60 transactions with emerging growth companies across our target sectors of Healthcare, Technology, Media and Telecom, Energy and Financial Institutions."
these guys still own over 2.6 million shares and they're flipping shares like everyone else.
Glaxo owns 5 million shares. Who is this Mignone from Bridger? He holds for 5 years? too many fives, will it hit $5 ?
after one year they're up .12 cents from 1.10
there is one more thing you need to know