I did and it doesn't even recognize that spelling. I'll just wait until the 10th until I call you out for being a pumper.
I see that thy are presenting at the Wells Fargo conference on the 10th. Could this be the forum for the announcement?????
Then stop answering my posts! But you know you can't! You are hooked on me aren't you. Actually called it yesterday.
we dropped on bad news like I said, and now we are back to the 52 week low again. If good news is coming out on the 10th like one person claims, then look for this to close around $2.50 so the shorts get the most bang for their buck before going long for the news and bump up. By the end of next week the news will be old and we retrace to 52 week lows again, so what should you do on the news???? That's it SELL and buy back lower. The market is giving everyone plenty of opportunities to get in and out and make a little at a time. If you hold on for the Homerun, you will get slaughtered or bored.
Did I call this yesterday or what. You do need to listen to me from time to time, just saying!!!
Sure that's what people are waiting for but it's to the point where I will believe it when I read about it!
Drugs are worth nothing if they are not approved! You didn't seriously ask that thinking you would still be in the $20's with an unapproved drug did you?
Most mutual funds are not allowed to invest in garbage priced below $5/ share. More downward selling coming soon to a computer near you. Watch your money disappear just like that. BOOM goes the dynamite!
Why does a company's PR department have to issue a statement because the stock price drops? Hello, the company does not control the PPS so why would they feel the need to comment on it movement? I know, you are just #$%$ off that you just lost a lot of money today and you want the company to be responsible for your bad investment right? Well it ain't gonna happen. Sell, take you losses and go home.
Here ya go, I'll give you one. Our company sucks, our product does not sell and our future looks bleak. Anything else I missed??
If it looks like a dog, smells like a dog and performs like a dog, then it is a dog. We were do to drop going into the holiday weekend because the last time we hit $2.90 or so we sold off. Look for tomorrow to be bad for several reasons: We've hit resistance again, the employment numbers will be better than expected which will give the Feds the green light for a rate hike in September and people take money off the table ahead of a long holiday weekend. Loom for the Dow t be down around 300 points after the report and OREX will follow down (-$0.10) by the close. Just have to wait until Nov 6th for something new.
With so many people still out of work, they are not insured and cannot afford to pay for these treatments out of pocket. Therefore they don't go to the doctor's office and do not get issued a script. When the world is back on it's feet and people are working and covered by their jobs, they will start to go back to the doctor and you will see all these floundering bio techs do much better.
and under delivered stocks of all time. So glad I bailed at $15 level. It may come back some day but it will be a LONG while!!
There are a lot of things working against this stock price right now but the sales number projections were probably overinflated which means the analysts pumped the stock up so it could be shorted knowing full well that even with EU approval it would take months to years to get all countries on board and have consistent meaningful sales. Along the way are the required tests that always seem to be required that don't stop the FDA approval but hampers growth. Every bio tech hits the street and is presumed to be the :the next best thing", " a blockbuster", a "trend setter" yadah yadah yadah. I've heard them all. So with time on their side, the shorts gat early control while the longs sit by idly just waiting for their turn. Don't you think at these absurd numbers that some company couldn't just come in and buy OREX out from under the stockholders? Why hasn't this happened yet you say? Well there is a master plan. It takes time to grow a one trick pony world wide and investors are finding it out right now. I'm sure OREX leaders are out doing their best to promote a deal that makes sense but you need to learn all the rules in every backyard you play in and I'm sure there not all the same. At some point OREX may or may not become a world wide name in Obesity drugs. It's too early to tell right now but with VVUS ad ARNA failing to maintain any foothold and OREX leading the way in to Europe, things should only get better from here. On top of that the broader market is contending with messes in Greece and China, oil prices and interest rates. Just a recipe for disaster for a small bio that has nothing really to show the world yet.
Then $0.50 then $0.25, the $0.125 then $0.0625 then $03125, we get it. Greta call moron. Did I embarrass you yet? I was really trying to.