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OncoGenex Pharmaceuticals, Inc. Message Board

howardmorris 314 posts  |  Last Activity: Jun 21, 2016 9:23 AM Member since: May 13, 2008
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  • http://www-desertsun.com/story/tech/science/energy/2015/02/03/lithium-plans-doubt-simbol-materials-fires-dozens/22828207/
    This company had a very promising future until it wasn't promising any more...
    -just change the - after www

  • Reply to

    Pardon My Prediction...

    by howardmorris Jun 15, 2016 10:04 AM
    howardmorris howardmorris Jun 17, 2016 11:12 AM Flag

    lloboblanco, these are the 'easiest' to chart. There is a finite number of parties buying & selling and they have quantifiable war chests and commensurate thresholds for pain. Over time, those can be charted and exploited. I do it because I have a low threshold for pain and and tiny little war chest...
    Good luck!

  • howardmorris by howardmorris Jun 15, 2016 10:04 AM Flag

    ...but I'm thinking the SP is $0.45 by noon on Friday July 1st. If so, that's my entry point...
    If anyone else is charting I'd love to hear what you think -- :)
    NOTE: No catalysts are included in the prediction. The SP is being moved by traders who are playing percentages and trying to AVOID catalysts.
    Good luck,
    Howard

  • howardmorris howardmorris Jun 7, 2016 10:17 AM Flag

    Maybe not a 'pump & dump.' How about a 'push & pull?' I think a traditional pump & dump has wild price swings but everyone involved (except the buyers) knows the stock is no good. Since HMGLF has NO catalysts (other than speculation & human greed) I can only guess the price is being moved up to a point that retail buyers don't want to get left behind. When they buy in, the traders sell. As the stock goes back down (retail buyers watching the red numbers grow larger) the traders pick up the stock cheaper every day (or wait until it hits their average/mean before buying any at all).
    Then the whole thing starts over again. If you're watching the charts you can make (or lose) 10% a week on this stock.
    Good luck!
    Howard

  • Reply to

    Gentlemen, Please

    by howardmorris May 3, 2016 12:57 PM
    howardmorris howardmorris May 3, 2016 4:13 PM Flag

    I think you're right on every count except the 'hold as a solid investment' part. This stock (speaking in strictly portfolio terms) is a gamble. bellbell63 says, "You are betting on one thing and one thing only -..." and he's right. If you buy HMGLF you are betting that all the parts fit together. This company has NOTHING that is marketable. When they do, the stock will appreciate based on an algorithm developed by some genius quant who has factored all the risks, all the upside, and all the actuarial tables relevant to miners and pumpers and cell-makers and guys named Elon. Then every retirement fund and hedge manager will own a little (or big) piece of HMGLF. I'm not buying a single long-term share until then...(but I kinda like to gamble a little sometimes).

  • howardmorris by howardmorris May 3, 2016 12:57 PM Flag

    There's a lot of good info being posted here and I appreciate the insight into a startup mining operation and the new Li separation process. I love the technical stuff but never have time to read & analyze everything available (or pertinent).
    Given the profound unknowns (how much Li, purity of Li, time to market, cost to market, etc) it's plain to see that PE's officers won't be paying cash for their new Model S anytime soon. I think it also means that this is not a stock to hold nor a stock to short. It looks like a 'volume' & 'velocity' stock that can make a good deal of money if you watch the trends and support/resistance lines closely ('cause they will change a good bit as the months drag on).
    The professional traders will push this stock around until PE has earnings, partners, credit facilities, or something else to give it the aire of a more legitimate company. The neat trick will be playing their game (trading in and out) without getting caught.
    Good luck!
    Howard

  • Reply to

    Operating cash

    by malibu9255 Apr 26, 2016 12:53 PM
    howardmorris howardmorris Apr 27, 2016 12:04 PM Flag

    Does Elon Musk favor vertical integration? Are SpaceX & Tesla and (that HyperLoop thingy) integrated from source of supply to manufacture? It doesn't make economic sense to buy every SKU in the supply chain, but without Li Tesla is selling the world's longest extension cords. If PE successfully markets new refining tech while sitting on substantially productive leased acreage, I can see TSLA or another Musk entity buying them out.

    Sentiment: Hold

  • howardmorris howardmorris Dec 8, 2015 10:21 AM Flag

    I call it the 'pot odds theory' that poker players use. If there is a substantial sum in the pot and it only costs a fraction of the pot to 'call the bet' then you get great 'pot odds' to call.

    But you can still get beat. Doesn't matter how much you lose, it's still a loss. Bankruptcy doesn't mean it isn't a good company or that they're not worth a lot of money. Sometimes it's just a business decision make by people outside the boardroom. Don't be looking at 'pot odds' on this one...

    Good luck!
    Howard

  • Reply to

    Question to "Mining Vets" here about HMGLF .......

    by ronfab1 Nov 20, 2015 3:59 PM
    howardmorris howardmorris Dec 2, 2015 6:12 PM Flag

    No disagreement necessary ;P
    PE, if they are anything like their biotech brethren, will use any method or data point to generate further venture/speculative capital. Sure, they'd like to have a profitable company providing a necessary resource to a world-changing technology (TSLA). They would love the prestige of bringing their own new-tech to maturation while mining a rare-earth resource. But none of that is required to get more money from people who seem have plenty and no good places to put it...
    Good luck!

    Sentiment: Hold

  • Reply to

    Question to "Mining Vets" here about HMGLF .......

    by ronfab1 Nov 20, 2015 3:59 PM
    howardmorris howardmorris Nov 23, 2015 5:38 PM Flag

    Sorry for the poor communication. I would be a lot less glib if I was just a little less cynical...
    I am saying that the dilution could be exponential, not just fractional.
    If discovery reveals an order of magnitude more lithium available than first thought they could ask for hundreds of millions of dollars (both Canadian & US) to dig holes and establish filtering/refining plants.
    As for percentages, if they dilute 100% your 35 cent shares are worth 17.5 cents. But they might dilute 1000%, making your shares nominally worthless unless the good news that accompanies the dilution compels investors to pile into the stock.

    Good luck!
    Howard

  • Reply to

    Question to "Mining Vets" here about HMGLF .......

    by ronfab1 Nov 20, 2015 3:59 PM
    howardmorris howardmorris Nov 23, 2015 3:18 PM Flag

    ronfab1, this is my first exploratory mine play as well. But I do have 7-8 years experience watching biotech startups plumb the depths of the capital markets to extend their trials/enrollment/opex/ramp. My impression is that the dilution will be 100% of what the C-Suite can hold in both fists after making their sales pitch regarding the 'value' of the 'proven' reserves that can be 'realized.' In the case of HMGLF I would guess the TSLA agreement will be used as further proof that any capital investment is worthwhile even if new-tech testing doesn't provide any recognized measure of long-term viability.

    I could be wrong...but I doubt it. ;)

    Sentiment: Hold

  • Reply to

    COMING DOWN

    by kndi_man Oct 23, 2015 10:46 AM
    howardmorris howardmorris Oct 29, 2015 2:03 PM Flag

    thenewsafehaven, what valuation basis do you have? Total acreage under lease?

  • Reply to

    COMING DOWN

    by kndi_man Oct 23, 2015 10:46 AM
    howardmorris howardmorris Oct 23, 2015 2:36 PM Flag

    There seems to be support here and in Canada. Not much volume but not much action. Maybe a mining stock with potential is just being traded about at a low PPS?

  • Dr. Andy Robinson's place on the board and name on the NI 43-101 is crucial to see HMGLF as more than a long term gamble.

    "The instrument requires that a "qualified person" be attributed to the information. This Qualified Person, in the spirit of the National Instrument, is required to be a reputable professional who is knowledgeable of the mineral property concerned, and who has sufficient experience and qualifications to make the statements which are made within the report. Often the Qualified Person need not be the author of the report, but in attributing the report as being compliant with the National Instrument, they are vouching for it. This is a matter of professional integrity and carries legal risk, as misleading statements can result in legal sanctions in Canadian and other jurisdictions."

    The reference goes on to state that a 'qualified person' must have 5 years experience "relevant to the deposit type or style of mineralization"
    So...credentials aren't the problem..

  • Reply to

    going to close over $14

    by ownever May 18, 2015 12:42 PM
    howardmorris howardmorris May 18, 2015 2:41 PM Flag

    Over 5 replies in the "Bet you I can get over 5 replies" contest...

  • Reply to

    Fast track designation for Custirsen

    by thefrenchplague Apr 23, 2014 7:23 AM
    howardmorris howardmorris Apr 23, 2014 9:58 AM Flag

    Hi, ubuy! Please do not feed the trolls. It only encourages them to come out from under the bridge...
    Good luck,
    Howard

    Sentiment: Hold

  • Reply to

    BIND versus OGXI valuation

    by boxcarlong Apr 11, 2014 11:01 AM
    howardmorris howardmorris Apr 16, 2014 9:01 AM Flag

    Of course I can explain how God views the binary event...just not in 100 words or less. ;)
    Good luck,
    Howard

    Sentiment: Hold

  • Reply to

    "Don’t Bank on OncoGeneX Phase III Data"

    by tnk.shorting Mar 11, 2014 12:03 PM
    howardmorris howardmorris Mar 13, 2014 11:35 AM Flag

    box, which article by jetman are you referring to? I'd like to read it but can't find the right one...
    Howard

    Sentiment: Hold

  • Reply to

    "Don’t Bank on OncoGeneX Phase III Data"

    by tnk.shorting Mar 11, 2014 12:03 PM
    howardmorris howardmorris Mar 11, 2014 1:12 PM Flag

    Obviously well written and well researched but I have to question the use of old (even ancient?) data and nebulous conclusions to disparage upcoming results that will represent a substantial leap forward in proving the ASO platform even if SYNERGY does not meet its intended OS targets. I have been told that the best lies contain a great deal of truth and this article is no different. While the author's preference for RNAi & microRNA are clearly stated, the cutting edge of this scientific endeavor INCLUDES ASO as a combination therapy.
    In short, anti-sense HAS NO RECORD of SUCCESS but has solid building blocks remaining from its failures. SYNERGY is a springboard even if it fails. His scientific/medical opinions, however slanted, may be valid but do little (if anything) to impact OGXI, custersin, share price, SYNERGY, or my overall good feeling that someday I will get my money back...
    Good luck,
    Howard

    Sentiment: Hold

  • howardmorris howardmorris Feb 28, 2014 7:51 AM Flag

    Dr. K, amen to Norwegian massage therapists...amen to Nordic dominance at the winter Olympics (I also recall those Canucks kicking a little tail)... and amen to the totally forgettable Feuerstein-Ratain rule (which I don't think applies to OGXI because of their non-traditional partnership with TEVA...if a more traditional arrangement had been signed the short-term catalyst to OGXI would have substantially increased PPS and market cap.)

    I happen to teach on the subject of the 10 rules and the succinctness of God. If OGXI becomes terminal we'll have to move to Thailand for the low cost of living and the best massages outside of Denmark. We can wile away the days discussing the "Big 10" and Cormack's ultimate success as an empire builder...
    Good luck,
    Howard
    P.S. You can't fail as a human being until you've been added to the compost pile

    Sentiment: Hold

OGXI
0.997+0.047(+4.95%)Jun 28 3:56 PMEDT