Required sale? That is not what it says on the insider trading report. there it says he sold to cover tax obligations. At the money he is making he couldn't cover taxes with selling other investments? Oh sure, so he sold the ones with the least future promise maybe? Think about it, he is no different than any of us, he is going to look over his options and take the one he deems best for his financial situation.
And the pumpers are paid out of some of that cash burn to feed the rumor mill. 4 years or is it more of promises and predictions of success through successful trials, approvals, CHMP and yet to deliver on anything. Why not bash, failure to perform is about 100 pumps per 1 success and the price shows it.
No kidding, this goes up a nickel and the pumpers are all about there must be good news, it is on the way up, Crede wouldn't get in if it wasn't a buyout candidate or whatever, then it slips down the nickel again. This is stuck in a rut with no management direction to lead it to success. Approvals don't mean squat so far.
I wouldn't tie up to much here, these penny movements just don't generate growth and so far, given the history of predictions I am not sure when this will take off.
General dementia can be tested by people who have been buying Neoprobe/Navidea over the last 5 years and can't remember that the same predictions of approval,hopes and dreams have been touted over and over and over without result.
Assuming you made 50 cents a share that would have been 17% of total trades for Friday, sounds unlikely to me. If you got in 5 years ago, then that would have been about 9% of all trades for the day, and would have been a good move as you would now have $0 in it but hold a 1/4M of shares. Tax man will like this
Revenue of 48 million? over a quarter, year or decade? They have yet to deliver significant revenue based on approval prediction and they do this over and over.
This company has had high hopes for 4 years and delivered nothing. They are getting a reputation for crying wolf if you ask me. I can't count the times they have implied approvals will mean revenue and yet all they seem to accelerate is cash burn.
It may be difficult the way it has been last few months who would buy? I think this will stay just under 2 unless something really changes on the revenue front.
we've had so many main events over the last 3 years, no one cares. they need to figure out how to take positive events and turn into significant revenue, not these $1/4M or $1/2M quarters. This is a $264,000,000 company that can't muster the revenues of a local grocery store.
Who pours in the new money to run it up? Surely current holders do not add in an up market.
I think a few folks posting here could use some of INNV products, how about Innovus Pharmaceuticals, Inc., benzocaine-based topical premature #$%$ treatment EjectDelay(TM) in the United States ("U.S.").
I wouldn't jump the gun on CHMP, March agenda is not on their web site yet so we don't know if any discussions or pending approvals are possible. Navidea was not discussed in January or February, so not sure why we might be optimistic anything will be up for approval. In a couple weeks we should be able to get the agenda and that will tell if anything is up for approval.
My comment is the liberal mantra, I can't believe it is buried in my subconscious. Can LS find the liberal mind nodes, they should be like cancer?
We will see earnings tomorrow, I am almost beginning to think this thing is a scam. they took a new imaging agent but rather than focus on marketing it they chose to see how much they could rake off the top. Where does all the cash burn really go? who has first rights on LS when this goes south, it sure isn't the shareholders, I think maybe that is where the last hurrah from CREDE and GE fit in. Something fishy about it after all this time.
not much, but enough that it irritates me. I have a friend that is heavily into it, so I wasted two years telling him this doesn't make sense, then he finally got me to buy, you know, the approvals and all. Now I am ticked at my stupidity. But unlike some of these clowns, my retirement will be unaffected by it. On the other hand a month and half ago you recommended look at RTRX and that was way better advice than I get from my friends.
How can it, with all the cash burn and failed ability to create revenue off the best product since sliced bread, we will be lucky to be at 2 in a year.
I was stupid, I thought I'll sell at 2, should have known that would never happen, now I wait until the pumpers manipulate this again then sell off for their few pennies profit.
What the H#!!, this stock was pushing 2 just a few minutes ago, guess all the pumpers jumped to bail out and buy back later. This stock trades like a joke penny stock.