Wait until nexk week when you see some serious tax loss selling start. The only thing keeping this afloat is the strong market. When the correction hits this will collapse especially since that will most likely coincide with another of many secondaries. 350 million shares in 2015.
""""""A lot of positive possibilities over the next few months"""""""ROTFLMFAO Next few months!!!!???? Try 2 years for the trials, 2 years for screwups and 2 years for submissions and re-submissions.
I've heard that line from losers on dozens of these boards. The next two years is going to be really rough for NAVB. The Old Time Fools apparently haven't sold yet. They collectively have well over 10 million shares at an average of 30 cents and a 8-10 year holding period. How miserable to see your investment increase by 18 times and then turn around and head back down toward 30 cents. When they dump in 2-8 months the time might be ripe to buy.
That won't even cover Pykett's' perks much less figuring in the coming dilution of 2014. And at that rate with all the trials being done in 2015/2016 there won't be enough cash without another dilution. 350 million shares???????
98 percent of my buying was from 2003 to 2007. 98 percent of my selling was from 2010 to mid 2013. Yes, it was good to me.
At some point soon this market is headed for a severe correction, unless you think this time it's different........... Add in the pitiful performance turned in by this equity after the departure of the previous CEO and a 50 percent drop is a given.
You're wrong. It was 21 million shares.
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Feb 28, 1997, 4:26pm EST
Neoprobe reports '96 loss
Neoprobe Corp. reported an anticipated net loss of $21 million, or $1.06 per share, for fiscal 1996
One problem with that. Back then there was 10 million shares Now there's 200 million and growing faster than a refugee family. Do the math. About 66 cents a share with the dilution in the next year.
I'm guessing that this will be over 300 million shares in a year or less. What ever happened to Samwise??? Coalmine accident???
Problem is the shorts. NAVB is a wounded calf in a pool of Pirannha Profits will shake this equity higher but more dilution is on the way first The shorts know it and the longs know it With the coming market correction we are looking at 50 cents as the buy target
Sentiment: Strong Sell
Re: New Patent for 5001
I expect to see the Phase III trial commence shortly...
How many loooonnnng years did it take from the above statement to LS getting to market???????
Tax Loss selling isn't priced in. Any kind of a market correction mixed with tax loss sellers will take this well under 1. Couple that reality with any bad news and this will be 25 cents again. Imagine a secondary offering at 25 cents! Another 150 million shares added to the dilution. Only saviour right now is the shorts may have to think about buying back.
Always the pie in the sky will get the whipped cream topping in two years........ two years comes and whoops that will be another year..... and then ohhh nooooo..... that will be another year. I waited on Rigs for 16 years and right now where is it ??????? Bupp was better than these idiots, at least he kept the company alive. On reflection maybe that was just a big mistake. That carrot is pretty emaciated after all this time and my feet hurt.