Non-planned insider selling, dilution, no revenue, no partnership, getting the hint where this is going. Not a Happy Thanksgiving for some longs. Quite the sneaky move by ONVO. Really not fair to retail investors that believe in the company and have invested their hard earned money.
If you were really long you wouldn't be on these boards looking at and commenting on every single negative post. Not to rat you out, but you are just as much to blame for pumping ONVO as donotlisten is for bashing. If you are truly long, stop replying to every negative post!
ONVO is going to have it's swings. But eventually it will head north as it gets closer to 12-5. Unfortunately, today, with holiday light trading, I think it's heading lower.
is it really going to take off? I'm a bit nervous with so many retail pumpers on this board. I wish we could get some news and/or true confirmation of institutional ownership.
Most BIOs that complete offerings are getting money to survive and to complete further studies. ZGNX is not at that phase in theirs existence, they will survive, their main drug is already approved. They just need additional funds to market their product. Look back to ACAD. It was approved, offering was successful, and now a stock in the $20s (their price didn't increase overnight). In addition, ZGNX has a broad market, unlike orphan drugs who serve a limited number of patients. PPS increase won't happen overnight...
Agreed, when everyone is jumping on, it's time to get off. Market will fall by EOD on Friday.
Agreed...This thing would of and should have sold off big time in AH, given all the new buyers today. Whomever is buying appears to be in it for more than a day-trade.