Now more runups until solid news is released. Repetition of the same old news just does not do it. The 6 months, which is natural for any quick FDA decision here in the USA, is coming closer and closer with the decision in Mexico. The approval should be a slam dunk because of approvals in other countries but Mexico is proven to be crooked and pay offs are just ordinary. When they announced that approval should be coming in a few weeks back in January, I figured July would be as early as they would get it. We are now entering the end of May so another month or two should be expected and probably longer than that if pay offs have not been made.Even with approval , that hopefully comes in July or August, it still takes time for distribution and sales to take place. If they can get sales going before Sept/ October I would be completely satisfied with that outcome. Expecting anything else, even with approval in other countries, was just a dream. Remember, distribution in all countries will take time. If you think sales will begin all over Mexico, Central America and South America immediately, you are going to get a rude awakening to reality.
With money only lasting a year with this $10 million dilution, I guess the next dilution will be before the end of the year or will they wait until January/February. EVERYONE now knows that dilution is the only way this company can keep over paying management but how long can it keep going? Management will now probably expect a raise. I heard KY jelly is on the shelf so longs better stock up.
NO I have never met the man. but I am sure you have taken it hard and deep owning this stock. You must have many partners just to get ready for the AZZPOUNDING you take from owning this stock.
When ONCS said they had $25 million in December and had money to last the year, I knew they would not last the year because nobody waits until they are completely out of money to dilute so I changed my opinion to Aust or September at the latest. They do a dilution now for only $10 million at $1.81 (9 cents) and say the stock is on ly really worth $1.69 for the next 9 years.
All this $10 million dilution means is the FACT that it is only good for less than 2 quarters and dilution will be needed again within a year if money was only going to last until November . Now their money will only last until Margh/April of next year. AGAIN companies don't wait until they are out of money to dilute so expect another dilution to happen by the end of the year or maybe they will wait until January.
With this latest dilution at 9 cents you can expect the next dilution to be even lower probably at 5 cents or about $1.00 at today's prices. The good thing about this is the FACT that the price will ALWAYS run up just before dilution happens just like it did again this tim.
I wonder what will happen tomorrow. This stock has a habit of having back to back double digit losses. If that fos happen (Idoubt it) it could be in the $1.30's tomorrow. I seriously doubt that will happen tomorrow but next week is a different story and there is still 3-4 weeks before the next pump job will be needed to start the ball rolling.
Is ONCS attending the ASCO conference?
That could be when the excitement starts.
ONCS will announce "FINANCIAL LOSSES" on June 9th. Everyone knows they have ZERO revenues so the only thing they can say is how much money they lost.
More importantly is how much money do they have left at March 31st. The problem with that is the fact that they will have about $5 million. or more. less when they announce on June 9th more than 2 months later. We will find out then how long they can last before the next dilution. They will not wait until they are out of money. They never have done that yet. When they get under $10 million is when they will dilute again so June 9th will be the telling day when dilution will be known for sure.
Will it be stretched out until next week with some false run ups like it was at $1.60 before that finally fell, Either way it is now a fact that $1.40's are right around the corner and $1.30's are here before the month is over.
but it looks like it is now "barely clinging to $1.50". I wonder what that guy will come up with next that said he bought 20k pretend shares at $1.60?
He will probably come back when it drops to the $1.30's and say he bought another 20k pretend share.
When it drops down even farther and into the $1.40's again, How many more "PRETEND SHARES" could you have bought?
Your 20k "PRETEND SHARES" could have been 23,700 "PRETEND SHARES" at $1.35. and 25,600 at $1.25. The drop in price is determined by how many shares the new dilution owners want so there is really no telling how low the price will go. All I know is volume has been too low to make them happy yet.
I hope you are correct and not just dreaming while scratching your balls.
Obviously a person like this gets paid to do this, there is no question about that. Mt question is how does he set up mass message board posts? He must have 350 different stock message boards that he mass posts on. It would take hime at least 45 seconds to do them individually. That would be about 4 1/2 hours for 375 posts. How much do these guys get paid to do this?
You will also notice that they NEVER reply to anyone that says anything to them. They are on every board that I have visited no matter how small or how few posters are on it. They must bget paid per post or per board they post on.
One double digit loss and this is back to the $1.40's. If they are going to drop this back to the $1.30's again, why don't they just have 2 double digit losses and get it over with. Everyone knows that is where this is going to end up. Volume is not high enough to make the new dilution purchasers enough money. They will need to cause panic selling to get enough shares before running this back up in June.July.
Absolutely if you are going to "TRADE IT". This stock still has 3-4 years to go before any revenues can even be anticipated. That means a minimum of 3 more dilutions. How many dilution can this stock take?
Keep trading it and you can make money but the reality of it is that the price is now down to 8 cents pre-split and when I said the price would definitely retrace 18 cents awhile back, I was ridicule and told this stock would "NEVER EVER see 20 cents again."
Funny how people forget all about that. There excuse is to say, forget about 8-9 cents, it is $1.60-$1.80 who cares about pre-split prices.
The people that bought at 25-50 cents and loaded up when I said to wait. I bet they care now.
One last thin g besides the 3-4 years before any revenuse come is the fact that there is an awful lot of competition in this area and finding the best solution will be very difficult when science is changing all the time. 4 years is a lifetime away in the science world of today
That is exactly where I got my shares at an average of 85.6 (15,000 shares) to boost my share total up close to 47,000 shares. Mow, I just sit back and watch until the shorts need another interest payment and they run the price back up.
Even 100,000 shares is only $450.00 at .0045. 5000 shares is $22.50 and it cost $8-$10 to make that purchase. I know it is a partial fill but what if you get stuck and only get a partial fill. Wouldn't it make more sense to just but at the ASK and get all your shares on one purchase. $410 at .0041 or $450 at .0045. If it takes 4 buys (or more) to fill your your order, it is cheaper to pay the higher price because there is a 800,000 share ASK. I can maybe see if you were buying 100,000 shares and the difference was 1-2 cents ($1000-$2000) but .0004 is $40 and it could cost you more in broker fees.
Have you not seen this before many times?
It is plin and simple. The shorts are in complete control of the price. They can not cover and that has been proven at least 2 times already and probably more. They have about $70 million in interest they have to pay on and no matter what the price is, they can not cover 30 million shares because they are not available. Institutions own too many shares and shareholders are fighting the shorts buying up shares when the price drops. The shorts have to pay the interest so the price goes up and down every single year. I predicted this 6 months ago. It will continue into next year also because expanded usage and Europe will not get started until next year. The "ONLY THING that will move this stock is revenues and those will not be large enough to control the shorts until late 2017 and maybe 2018. Shorts will still need to pay the interest on that $70 m illion so the games will continue
This latest PUMP JOB only lasted the 3 days and back down the price goes again. Obviously these useless PR's, with absolutely no substance at all, only move the stock 20%. This actually moved from .0032 up to .0048 for a 50% move but now is is back down to .0041. With no "REAL NEWS" expected for months it may test even newer lows. This company has spread itself so thin, with all the " so called deals", nothing is working out.
What ever happened to the MJ deal with the Canadian partner?
Where is the news about AMFIL and all the purified growing stations that were going to buy their product?
What ever happened to the cancer drugs that are already approved for use?
Now, what is going to happen with the women products that are approved everywhere else except where EAPH wants to sell them. Could that be the reason the company gave the rights to EAPH?
Have I left anything out because I can not remember all the BS that this company has spewed out in the last 2 years alone. All they have to do is complete one of these deals and the price will run back up to the 3-5 cent area again and maybe even higher. The question is are they ever going to complete even one of these projects?
Manipulated stocks are run up before bad news and manipulated down before good news comes. This happens all the time and especially in BIO stocks that are near FDA approval or drug expansion. NAVB is getting closer to getting Europe started and getting more expanded usage from LS. The quarterly report and CC is coming next weekso running the price down now should be expected. I will be ready to purchase on Monday in the 80's.