Seems like every time this stock got good news, the price went down. Times have changed. With the market being closed today, and a major news release coming yesterday, there will be an even more important release coming out on Tuesday when they explain what really happens with MT. Hopefully they will explain in simple language and start a buying frenzy.
Normally, I would say after hours trading is meaningless and 90% of the time it is. This time, they released the news about Tuesday after hours so that was the cause of the jump to $1.75. I fully expect some upward movement and a $1.80 price target by Tuesday morning. The reasoning behind this is that the CC does not start until 3 1/2 hours of trading on Tuesday. If this discovery is half as good as they think and is presented correctly, we could see $2.00 next week. Of course revenues will be released on LS in early July and no revenue from this new product for a long time but HYPE can really move a stock.
I would rahter have gotten none and waited for tomorrow or next week. Does not look like it will fall to .0123 again today but the last 30 minutes is when things happen here.
$1 land is after one year of revenues from all of these potential money making opportunities this company has. The bigger problem is the amount of outstanding shares and the way shareholders are holding tight. 1 million shares of this company is only $12,000-$13,000.
This is absolute #$%$. They just purchased 5000 shares on my 400,574 share order.
First of all, who sells 5000 shares of a 1.2 cent stock?
Second, why would my account buy 5000 shares?
Are the that desperate for the $10 they will make?
If that is all I get, I will change my account. I know lots of places that charge $7-$8 instead of $10. My fidelity account charges $7.98 and Ameritrade charges $9.99.. It is not the $2 that gets to me. It is the common sense of buying $60 worth of stock and charging $10 to do it. I better see more shares at .0123. Then watch the price drop back down to .0105
Look at the buys. Seems like most are all around 20,000-25,000 shares. That is like $250-$300. I can remember buying 200,000 share chunks at .0105 and .0102, when it was down that low last time.
Not a couple minutes after I put my bid in at .0123, someone raised the bid to .0124. Someone is manipulating this stock and does not want any others to get any quantity of shares
It will be an odd number to make my total shares come out even after yesterdays teaser.
Maybe I should put a bid in for 350,000 shares at .014 tomorrow and drive the price up to .0165.
There really was not that much volume to get excited about. I did not get my shares I wanted. I got teased with 29,426 shares at .0122 so I came up over 400,000 shares short.
The price jumped after I put my bid in for 435,000. They were trying to bait me by buying 20,000 shares at a time at .0125, .013 to get me to raise my bid. I am trying to get another 800,000 but I won't get that much if the price keeps going up. I only have so much money to invest and I already have WAY TOO MANY SHARES!!!!!!!!!!!!!!!!!!!!!!
They raise the ask after my order and they buy a few shares at a higher price than mine. Shares jumped from .012 before my bid and then 20,000 shares at .0125 and another 25,000 at .0129. It amazes me how these manipulators can move this price with $250-$300 purchases. I already have way too many shares already so getting more would be nice but the money I make on the shares I already have is nicer.
The same thing happens. The ask goes up. Now ask is .013. Seems like one buyer can control this price. Maybe my buy orders are for too many shares. The last time I had no such problem buying 200,000 shares.
So I had to increase my bid to .0122. I have shares at .0105, .0119 and .013 when the price dropped the last time. This will increase my average but if you can not purchase shares in the .011 area anymore, complaining about it is useless. The price would not surprise me if it fell back down. If it does, I will try to purchase another 500,000 at .0105. The difference between .0106 and ,0122 is meaningless IF/WHEN the price is run back up to .018 or even .028 or maybe even higher.
Did you see the order come up. 435,000 at .0122. Bid is now .0122 but I have not get any yet after the last buy at .012.
I think I will try .0122 to see if I can get them.
They said the same thing to me when I said the stock would retreat back, "LIKE IT ALWAYS DOES", down to 22-25 when it was run up to 95 cents and dilution was done . It did it then and EVERY TIME dilution has been done. It will do it again but this time it could fall further because dilution at $2.50 is still workable for ONCS.
Why do you think they did a E/S?
Are you people so dense to reality that you don't see it or don't want to believe it. It will not happen in amonth like it did the first couple times. Last time it took 6-8 months to drop all the way back down. Trading this stock is the ONLY way to go and when it stops playing this up and down game, the price will fall and that has been proven to be a 100% guarantee EVERY SINGLE TIME they have done dilution so far.
Tell me, what do you not understand about the stock falling back down EVERY SINGLE TIME?
You need to wait longer than that. People were saying the same thing when the stock dropped from 95 cents down to 60 cents. All the pumpers said they were loading up at 50-60 cents. Doubling up at 40 cents, and when they were out of money, the real PROs stepped in and bought up shares at 22-25 cents. I would not even n ibble on this until the price dropped down under $5.00 again and start purchasing at $4.50 and then wait to see how low this stock will actually be taken. Remember, this company will undoubtedly 100% need to do another dilution next year so the new investors need a guarantee that they will make a profit so the price has to drop down to $4.50 and probably lower than that.
Remember the mathematics. Investors will not be able to buy 30-40 million shares, for 25 cents ($8-$10 million) and work on a 15-20 cent profit for their $5-$7 million profit. Now they will need to purchase 3-4 million shares at $14-$17 million. If they invest more money, they will want more profit. That is why I figure the price will drop to $4 or less before running the price back up to $6 so they can dilute at $5 again late 2016. Nobody will invest in ONCS without a guaranteed profit up front. If five times is not enough to make you learn, I guess the sixth time next year probably will not convince you either.
Those latest investors have dumped all their shares and now will let the price fall back down to where it belongs. The artificial price inflation was kept up long enough for those new investors to sell their shares and take their profits. After five times of this same this happening, you would think even the most devoted longs would have figured it out by now.. Besides, they have to run the stock back down in the next couple months and keep it down there for another 6 months. That way this company can find some new investor , who will buy up shares at the low prices and wait for the price to be run up so they can sell their cheap shares at a profit just as long as they promise to buy up the next dilution next year.. Then, these new investors will sell all those diluted shares and they will make million just like the last five investors in the dilution scam have done. I can hardly wait to see how low they will run the price now that they have done the R/S. They need to make sure the next investors are guaranteed millions in profits so they has to be at least a $3.00 cushion (15 cents pre-split) or more.. That means it has to srop down to a minimum of $4.25 or less.
I just don't see how they can artificially hold the price up any longer. By now, the last investor who bought up shares at 22-30 cents and sold them on the last run up before agreeing to suppost this company by buying the last dilution, should just be about finished with dumping those share and taking mtheir profit just like the last five times they had investors over pay for shares.
If you think those investors that over paid for this stock and the last investors have lost money, you have no idea how the system works. Just go back and look again at the price action weeks before the dilutions. None of these investors are going to invest in a company that had 7-8 years after the first dilution 5-6 years before the next dilution and still 3-4 years minimum before anything good can happen with this stock getting any FDA approval. Then, after approval , another 18-24 months before any real sales, especially with the competition in this area, They want a guarantee to make money up front before over paying for this company diluting shares.
The only thing that I can say is a 100% guarantee with ONCS is
1. FDA, that was a joke. I figure they have less than a 50% chance for FDA approval in the next 3-4 years.
2. $10 stock price. A good possibility right before the next dilution scam. Those new investors will need to buy up shares and sell them before the dilution is annoinced. Maybe 60%-70% chance of $10 next year before the next dilution process.
3. The only thing that is 100% guarantee is another dilution in 2016.