those are very relevant questions that go to the heart of the efficacy of this company but perhaps the most important and current question has to do with the new FDA guidelines and whether odidi has reviewed the pending anda's to determine what more must be done to be in compliance -- because if those anda's are going to require new studies, tests, and paperwork then whatever schedule shareholders may have had in mind is completely out the window
the board's cheerleaders must really be worried that they will still be underwater when the little burp passes, which is why they are pumping their pompoms so hard trying to convince newbies to buy
see, institutions ownership has been dropping hard so it is very clear they are not expecting much of a pop with the next anda approval or else they wouldn't be selling now
sabby management sold even more than morgan stanley
in fact, sabby sold out entirely -- sold all their remaining 314k shares
sabby's sales alone dwarfed the puny 126k shares bought by five new entrants including citi which bought up a whopping 184 shares -- of course, expect to pompom pumpers to start slinging citi's name around as if it is a great coup to have them buying 184 shares while the like of morgan and sabby are selling 450,000 shares
thing is, heights capital would like to get the price down so there would be a reset and they would get shares cheaper BUT they want the price to go up if they are interested in shorting
at a closing price of $6.00 the warrants would still be priced at $6.60 but to get the stock down to $6.00 they would have to be shorting now, at $6.50 or so, and that wouldn't make sense to short below what the warrants are going to be priced -- that would be locking in a loss
those guidelines change the standards for FDA review, and blow a big hole in ipci's schedule
unless pending anda's coincidentally have enough data points under the time release curve they simply are not going to get through
if it weren't for tekla there wouldn't even be much institutional interest to speak of anymore
and the really credible outfits like morgan stanley are clearly disappointed
when it happens, longs will be looking at each other wondering why nobody is buying
after all, wasn't there a lot of buying with the first drug
yep, and that's how ipci wound up with the current crop of longs
but institutions are selling now, and longs have all the shares they can handle already
so the rocket is going to fizzle fast, and the panicky pompom pumpers will quickly dismiss it all and deny they never expected any different result
in fact, we will read posts about how they are happy that it didn't pop -- should be interesting, inventive, and utterly irrational rationale
pompom pumpers are going to learn that you can only be a virgin once
of course, morgan stanley wasn't the only one exiting with their dumping of 150k shares
collectively, the other institutional holders unloaded another 200k shares
pompom pumpers on this board made a big deal of institutions buying shares, and now that institutional ownership is headed south they are trying to cherry pick the numbers or somehow twist this reversal into a positive
shame on you sammieboy...
by golly, someone took our advice!
"meifud • Feb 2, 2011 10:04 PM
gamechanger! perfect storm is upon us!
sorry for missing all the revelry on the board today. chinese new year you know, so most of morning was taken up making calls while the time zones were aligned. when we finally got on the computer and discovered the news, we got right to work selling those cool shares bought at .80 on 1/6 with the proceeds of selling mcz at 1.28 the same day. by good fortune, cool was having a great day and gave us the volume needed to get out at 1.34. and the timing was even better for snagging mcz at 1.10 leading up to 1:00 when i had a dentist appt. so we are now in with both feet with even more shares than before.
you see, we have been comfortable with our projected $88.5 million revenues and .22 earnings for this qtr but, as we have been saying, we had concerns about the future. well folks, this agreement with msft resolves those concerns. it is the real deal. tech sharing, the works! a real partnership!"
morgan stanley dumped 60% of their ipci
sold 150k shares of the 250k they held
could be they are tired of waiting for more anda's, or could be they see long delays in getting anda's approved now that they have to meet new FDA guidelines, or could be they have looked at the Par deal and now realize odidi has a failed business plan, or...
sammieboy says it's all lies but he claims that whenever confronted with inconvenient truths
institutions used to own over 20 percent of mcz, and now it is just one percent
they really started selling in earnest in 2011 even as mcz was going up after the msft deal (that turned out to be a very bad deal) and while rb3 was still doing great
and they have continued selling ever since, right through mojo and every other announcement
and debenture holders will not be interested in shorting unless NWBO goes over $7.30 otherwise they would have no box and just be locking in a loss
anyway, every warrant holder in the market is not a shorter
the blush is off this peach
why'd you do it, benji, why did you do it
you can tell us, this message board isn't going to hurt you
was it because of that man in the park that scared you when you were little
you know you can't #$%$ like this, you're making yourself a pariah
and you can't live this way, and still expect to live with yourself
give it up, son, give it up -- make a commitment to yourself, and do it now
cartlo, don't you like being asked questions
is that why you delete embarrassing posts
maybe you should just stop posting them
here is the full string with updated times just to let you know it is not lost to cyberspace...
"cartilio9rubo • 4 hours
strong resistance at $6.46, not going higher than $6.46 today
This topic is deleted.
cartilio9rubo • 1 hour 55 minutes ago
At least admit that I was correct.
I told you 5 hours before the close today.
1 Reply to cartilio9rubo
meifud • 1 hour 17 minutes ago
oops, wrong again!
when you posted, the a/h price was $6.57
that $6.45 was just the first trade and for only 45 shares
you truly are a cartoon, a joke, a fool, and a little boy