Great posts 'radiogel'. A little technical for most, but points well taken. I completely concur with your thoughts of, it's not a question of if, but when. I think the term and thought of radiation have negative connotations for most, including the FDA. Especially with what has happened recently in Russia and Japan. A simple analogy is like the use of electrical current. If handled improperly and used excessively, one could be severely injured or it could even be fatal. But when properly regulated and used in the right environment, electricity is seen as one of our greatest discoveries. I think all of us, including the FDA want to make sure that Y-90 is truly safe and effective, before put in to practice.
What's noticeably different over the last few days is that the negative nellies (aka Team Ignore), haven't been filling up this thread with 'greyed-out' posts. Hopefully I haven't spoken too soon, they seem to have us optimistic folks on alert. I'll be picking up 42.5K at the opening bell tomorrow. No risk, no reward! MDLAND~
WaltBrenner, you say that you look at this from time to time, most likely you look at this everyday in remorse, under a different alias. There's no other reason for name calling. Opinions and constructive criticism are fine, even thoughts on different investment strategies. Yes, it is a $.03 stock, with lots of risk, little news and postponed dates. On the other hand, if things were much more promising, you'd be paying $.33 instead of $.03. You have to weigh what you're wiling to risk as an individual, with the potential reward. I, and everyone else on this board who has invested in ADMD, could in fact lose everything. But when I look at the technology, the potential and some of the recent filings, for me, it's just too hard to pass up. I guess in your case, "If you can't stand the heat, . . . ". Say hello to the guys over at Team Iggy. MDLAND~
I don't think these prices will be around for long. I'm surprised at the relatively low volume considering the recent filings. Folks, there's the option, as of this post, to pick up shares at a price that's better than what Battelle and the insiders have paid. I was able to pick up a couple blocks this morning for $.029. I'm sure some will call me a fool and an idiot pumper, but that's okay. This is the chance to be on the ground floor of something big. Plus, the risk to reward ratio is just too great to pass up. MDLAND~
SS you seem to have a lot of patience in getting shares at the lowest price available. Though I seem to be impatient and buying in the 2 to 3 cent range, looks like I'm still getting a better deal than most of the insiders. Did you pick up shares after hours or was that a typo? MDLAND~
SS, I was thinking about picking up another block of shares while it's below $.02. That parking lot post you posted has me thinking though. For now, I think I will put away some dry powder and wait for the next opportune time. Hopefully there's another large positive filing soon, this pps is good for accumulation, but we need news or a rise in share price to keep that positive vibe.
S-Seattle, On a side note, I wasn't too far from your area earlier this week. I wasn't quite in the Pacific Northwest, but I was up in Oregon, specifically in Portland. We then drove to Salem for a couple days. That is a very green state, unlike my state, drought stricken California. I'm now in Vegas, what a swing in temperature, it's 105° here. Just came back from a 5 mile walk and I drank 2L (1/2 gal) of water.
I may pick up a block next week, we'll see. MDLAND~
itrader250, I'm with you on that one. At $.02, the risk to reward ratio is hard to over look. I'm actually uploading my account as we speak. I don't anticipate a 30 bagger, but a 5 bagger would be nice at this point. If there is approval, I don't think that $.10 to $.15 is an unrealistic expectation. MDLAND~
Panodaco, I think that we all have different levels of risk, trading styles, incomes, financial backgrounds etc. I'm at a point were I'm willing to take more risk than the next person. Or perhaps, my level of risk isn't as high as someone else. These message boards are a great opportunity to express opinion, share information, and for some, to learn. To be honest with you if they weren't bickering back-and-forth, I'd be very surprised. I like ADMD to the point where I just put in an order for another 100K shares. But that's just me. MDLAND~
Oh well, looks like I got halfway filled at $.018 then I pushed up the ask. I may have to go in at 3:59 est and bid higher on the last 50K if it drops back below $.02. As you can see, at this price it doesn't take much to push up the ask. MDLAND~
Looks as though folks were waiting until the end of the day to buy in, hoping to get the best price, when in fact there's very little difference between $.018 and $.02. I have to admit, I was guilty of penny-pinching today myself. As a result, it looks like I missed out on some bargain shares at the end of the day. Nice uptick for a change though. MDLAND~
medplay01, there might not be too many shares left to shake. Obviously there are a lot of shares available for issuance, but as Kayak mentioned, shares being sold on the open market are probably coming from ADMD and not old shareholders. I think that once ADMD sees light at the end of the 'FDA tunnel', they will stop selling shares, which will cause the price to rise. Of course this is all speculation on my part. MDLAND~
SS, I don't mean to imply that ADMD is "directly" dumping into the pool, but obviously that's where all the shares originate. I think though that there are round-about ways to exchange shares for cash. I don't want to misquote Kayak either, but I did read his post on the other board which I may have misinterpreted. At this point, I'm looking to pick up my last 50K. I know, I know, I always say, " this is my last purchase", but the recent filings have spurred me to shift more dry powder into my account. MDLAND~
Looks like I was able to grab my last 50K on the dip this morning at $.02. I think this it for me. At this point I'm risking just about the max I feel comfortable with. Sit back and watch the accumulation. MDLAND~
It was kind of quite yesterday, with the ask holding steady. Not a lot of shares for sale. I guess, depending on the source of the shares, that can be perceived as a good sign. Especially if the 'ask' holds. Hopefully the pps starts to increase going into the holiday weekend. Again, once ADMD starts to sees the light at the proverbial tunnel, I think price and volume will adjust accordingly. After all, it doesn't benefit ADMD to issue unnecessary shares into the float if they don't need the funds. Especially if a large percentage of the shares are owned by insiders. MDLAND~
itrader250, when I saw the Battelle filing, my ears perked bigtime. What this does is a couple things. It gives (even more) credibility to this technology and helps with financing too. Battelle is telling everyone that they believe in, and are backing the RadioGel Y-90 approach. And remember too, they filed because they hit the 10% mark. The next few weeks are going to be interesting. ADMD implied early this year that, the summer of 2014, was the goal for FDA feedback. Well guess what, it's July 2014. Some here are alluding to next week and next summer, we won't really know until we get the news. If we don't get some type of positive feedback soon as alluded to by AMIC, it's going to be a long winter. MDLAND~
Kayak, I agree with the fact that no one will believe in this technology until it happens. There are quiet periods where even the strongest AMIC supporters are skeptical, though you don't always hear it in thier posts. AMIC has also made some premature statements and has had some broken promises. Which, among other things such as financing and increased share count, have led to a drop in the share price. But, depending on your trading style, patience and share accumulation, this 2 cent share price, for the moment, could be ideal. If we were still at $.06 per share, I'd have a lot fewer shares that's for darn sure. I believe in the technology, I have the shares I want, now I need the patience. MDLAND~
JRicco474, for reasons unknown to you and I, Battelle chose AMIC. That reason is probably because the staff and consultants at AMIC are not only the best in the country, but internationally renowned as well. Yes, AMIC has to pay a licensing fee to Battelle to use it's technology, but for Battelle to turn around and become a 10% owner says that they believe in what they have and that it has future medical applications. Now one thing we do question is, even though the guys up in Washington State are nuclear experts, their business approach and application has us raising our proverbial eyebrows. You now have to ask yourself though, is it worth your 2 cents and is it worth your wait? MDLAND~
radiogel, I agree with you in that it doesn't make sense to sell stock to raise money, because of it's obvious affect on the share price. But if your back is against the wall and you need to raise money, what do you do, Call Cadwell? You can only go to the (Cad)-Well so many times. A little play on words there. I can remember when the outstanding share count was 96mil, then 108mil, then 121mil, now 130mil. And though these aren't perfectly accurate and up to date, the general understanding is that these shares are coming from AMIC. Other than the 8K authorizing 300M shares about a month ago, I don't recall any SEC filings pertaining to increasing outstanding shares and selling into the market. Where do you think the extra outstanding shares are originating from and where are they going? Could it be Brookline or the Battelle filing that is now included in the outstanding share count? MDLAND~
That PR released this morning has helped to validate ADMD as a legitimate player in this game. Of course we already knew that Battelle owned 10% +, but to reiterate it doesn't hurt. So much for the $.018 share price. MDLAND~
Unless there's some type of regulatory restriction, why would Battelle stop at 11 percent? I don't think this is the last purchase we will see by Battelle. Either they believe in AMIC or they don't. I think they strongly believe. After all, it's thier technology, it's just a matter of getting over the regulatory hurdles. MDLAND~
Zippy_icon, that 500mil you are referring to would be the authorized shares, not issued shares. 11% of 500mil. would be 55mil. shares. As of this post, I haven't seen a filing for that many shares owned. If I recall, approx. 17mil was the number I remember. Remember all of the 500 mill shares have not been issued, and may never be issued. MDLAND~