interesting action here. big day yesterday closes way up. red today all day then closes up. you are right waltz very rare for xoma to do that I hope this isn't excitement over upcoming piper jaffrey cause u know how that goes everytime there is a conference.lots of hope lots of hype no results stock tanks board gets raises and bonuses then dilute.
I agree onyx results only rule. xoma is the champion of hope, maybe,perhaps,looks good and pending trials.oh forgot FAILED RESULTS did I miss anything besides bonuses,raises,stock options and perks for the board in the midst of all this?
this was all before xoma did its infamous 15 ror 1 reverse split which left this stock #$%$ from then till now. its been a series of poor results dilution after dilution anf bonuses for mgmt. that sickened everyone on this stock.i was one of the lucky ones that recouped a lot of my money when I bought 10000 at 1.25 and sold at 4+ but lots got and are still burned. so to base your future gains on xomas potential is betting that brain cancer wont kill you. xoma is not to be trusted until resuts are in the bank any xoma stock you purchase at any time must be done with money you can afford to lose every dime of because it has almost happened a number of times on its share value I took a shot with those later shares I bought and got lucky. that's why I said I would not buy again till it webt below 2.00. considering the way these bozos botch everything that's the only price point I would buy back in on.
hey tony you haven't been around long enough to play xoma like the big boys. last time I bought 10000 it was at1.25 and I sold it in the 4+ range I wouldn't buy this again till it drops below 2.00.still holding many thousands that I bought years ago I haven't broke even on yet. xoma mgmt always does something stupid and burns the investor if anyone buys more now they are playing against the house and the house always wins.theres always another reverse split or a dilution or poor test results or raises for the board or poorly timed announcements that can torpedo xoma again. ever ask yourself why this isn't a 20.00 stock right now its because the street doesn't trust xoma and its mgmt. buyer beware there may be another torpedo in the water.