So, Carl hasn't become a 5% owner as of mid April so he's insignificant as of right now. He owns the debt sure but it's due in the future.
Yet still no Carl Ichan???? People think he is grabbing up shares but is he? Doesn't seem like it. Unless he's developed 10 companies each with 4.99% each. maybe he's in bed with NTC as a joint venture. He holds the debt and they grab the shares.
If they are still all here then they know that May 3rd is a dog and pony show. Why raise it up if they know it's a non event? I guess just to entice new shares to come on board so they can steel them when they sell after another lack luster report!
Lets look at the 90 days we spent in the low $1 range as a coiling spring. When the spring let loose we gained 63% over two weeks. This is the relaxation period for the "spring". So we can say the longer we stay at a tight trading range the more we uncoil. Seems like the next round has started to compress that spring. We have been in a compression zone for a week at least so far. If 90 days equals 60% than 30 days would equal 20% and two weeks may net us a quick 10%. We are pushing that envelope now. A 10% pop from here gets us to $2 which would be a very good level to maintain. You do the math and spin it the way you like but I like very compressed springs! May 3rd is just another required calendar date where Seth comes out of his hole and lets people know he is still alive,
Jan thru April we spent most of our time in the low $1 range (that was the first round of shorts escaping). Then we went up about 60% or so in two weeks. Now we are tiering once again in the $1.80 level. If we wait another 90 days that will take us through the end of June. We rise another 60% which brings us to just about to the $3 range which gives us 200% increase in just 6 months. The June 30th 13F form will give more insight as to who is doing all the buying in Q2.
Relax Lori, it's only 200 shares. Look for a quick drop to red at the open. These shares are the MM plea for more shares to trade. it's not that' there's news coming. I thought you would know this kinda stuff.
Here's what Seth will say. Yep we are officially still in business and that's our update. Short and sweet and then he will nod back off until he is prodded to do so again in 90 days. He's collecting slow money as others that are smarter than he steal the company share by share out from under his nose. He's a token leader at best right now and does as he's told. His hands and more importantly his mouth are bound and he has to like or risk getting released. Dog and pony show from here on out with Seth.
Lori, Korean isn't even real. Its a computer generated MB entry from some MM to get you to think things are bad. You are wasting your time addressing it. Korean couldn't be real because...(well let's say I just know)
The shorts feel they can play the recovery game with longs that want to hold on. This won't last if FDA says Goodbye!
Your makes information me to sense no. Do you cryptic write! My god get a GED will you and learn how to speak'em good well grammar!! Just another third world idiot on the bio MB. How much would it take to get you a ticket to go back wherever it is you came from?
They know one thing for sure! How to say nothing about everything!
This means two more weeks of range bound trading which will then be followed by 7 more months of range bound trading. No one seems to want to say anything and the stock just sits and drops then sits and rises just waiting for all long investors to die off of boring exhaustion. This company doesn't seem like it want to sell itself as there has not been one article since Car took over that even implied that it was a pending take over target. That's troublesome to me. Seems like the shorts will trade this thing until Carl's bonds mature and this will be a one day hit. The only trouble is there won't be anyone left to share in it.