Thanks, Peter, I was just wondering if,high numbers on the ask had something to do with short covering. We'll know on Friday 23 if the high number of shares traded yesterday and last Friday were actually shorts covering.
Suppose I have shorted one thousand shares. Instead of buying them back, Can I put them on for sale instead of buying them back? If so, would those shares be included in the ask size? Dd
We need to have Brad emitting a press release telling us that the recent drop in share price has nothing to do with the efficacy of, reolysin if such is the case. By the way, a reduction of almost half a million shares in the short position on April 30. Is'nt that a positive signal? We'll know next Monday.
Jose, In their last report, Onc/y stated that they had 20 millions and that they were burning 5 millions a month. So they presently have cash for thenext 4 months and if they collect 25 millions from Lincoln capital it will give them another five months for a total of 9 months . The problem is that if they wnt their money n ow with a sp at 1.30 or so, they will have to issue somewhere around 20 million shares for a dilution of 25% and that would hurt. I believe that Brad will do his best to avoid such a situation and I see nothing but a partnership or a positive signal from the FDA in the very near future to avoid,it. Keep your fingers crossed.
It's against all logic. There are at least a thousand more shares on the bid than on the ask. That's manipulation at its best. Onc/y has four months cash in front of them and I can't imagine Brad issuing 20 million shares to receive 25 millions which would extend their cash position for five months. Conclusion, we're very close to a buyout or for a registration to FDA. If you have some cash, take advantage of this situation to increase your position every trading day before the big bang.
Sentiment: Strong Buy
And it seems the severe side effects she suffered were not caused by reolysin., and maybe by the taxol that was removed from the cocktail
Yonny, I'll give your opinion on Oncy and Brad some credit when you will prove that you were once a heavy investor and you sold your shares at big lost because you had no confidence, not because you were foolish enough to morgage your house to the limit to buy oncolytics shares and that you were forced to sell just to be able to keep it. Until this happens, I will think your hatred is only your way to take revenge for your foolishness.
Armed, let´s ask Brad to sell Onco's trials and tribulations story to a Hollywood producer. It looks that it would be the best way to raise money at this time. LOL
A nickel up on Nasdaq after hours and 0.07 up on TSX. Not much volume but......Hmmmm