True but IMO the greece banks are oversold too much negativity ...looking at the PPS of these banls seems they are priced for bannkruptcy than to dilution...too much panic and negativity....shorts will luv it here jmho
Good point to much float...the only way EGFEY has any chance is for Watsa nd Ross to take the ownership and run the bank...if they di I think this can be rewarding to investors in long run jmho glta
what is your take on egfey??seems It completed tanked .014 ...can;t beleive its heading for sub penny seems market is scared of bank recaptilisation seems definite hair cut to investors if not .014 is a joke...jmho
yes with recaptization it will go lower..shorts are not able to short as there is a locking perion till Nov9th..no one can short greece banks..thats nice thing to do as the shorts will crush the stock given a chance..jmho
what is the outstanding shares count of EGFEY and will be there a a reverse split.
topgear...nice post ...Great science but agree like any other biotech its risky but its no single pony they have 3 blocbusters in its pipeline even if they get a single hit this will shoot up...but why its 5o cents and seem it will go lower..is investors have lost confidence , for sure we have more dilution and the worst part which scares the investors is the Reverse Split..the mgmt shud either implement it or take it from the table...if not we are going lower..jmho
I am not sure if its a bear market but china , europe, asia are seeing lower growth and higher deficit...and china and india's currency has lost huge in last 6 months..
In US housing market is heating up ...not sure why market is rallying...some analysts are predicting 25 K...all the indicators are negative but bulls are not giving up lets see we will know in next couple of months...
Yup correct in my case all reverse splits brought losses ...I will add more once once it's off the table and I think May potential investors are waiting on it as an rreveres split is definite haircut except in rare few cases and I am sure we are not in it..jmho
They have blockbusters in there pipeline great science and even a single hit it will among the major bios...will say poor execution by the mgmt jmho
Disappointing firstly the mgmt needs to be more proactive....remove the reverse split out of table it does not help to increase the value for investors ...rs is just holding on the potential new investors into buying this little gem..jmho