Hey crabcakes, don't you realize that phase 1 and phase 2 trials are usually hand picked for best results. The trials are smaller and can be easily manipulated for better results. I can see the FDA needing a long term progress report on thie drug they are using because of all the dangerous side effects it has. Granted, they use less than other trials that have proven this to be extremely dangerous but ther FDA will need a lot more info on the side effects from a much larger phase 3 trial. That will put this approval back even farther than expected. Maybe that is why those warrants are for 5 years out.
I do expect a nice return on another manipulation in phase 2 trials for another dilution, and then even a bigger manipulation in phase 3 trials before a CRL is awarded by the FDA. This stock will be tradeable for another 4 years at least.
The downward trend has been slow but steady. The stages have lasted 2-3 weeks at a time so this range at 38-45 is coming up on 3 weeks next week so the downtrend should continue into the lower 30 cent range and develop a new range of 28-35 by the end of next week. Slow and steady wins the race, just ask the tortoise who beat the hare.
He has not posted very much lately after being one of the major pumpers on this board when the price was at 70 and then 80 cents. He was pumping over $1 for sure and now look. He is too embarrassed to show his face. I can guarantee you he is still here hiding under a different ID and will be back pumping this again on the next dilution run up.
I heard that too. It is 2-3 weeks away. THe problem is that the news is always 2-3 weeks away. One time, they actually said it would be by the end of the week and that news came almost a month later. If we take "by the end of the week" and it takes almost a month, I guess we can figure that 2-3 weeks, which started about 5 weeks ago , will take at least another 5 weeks to get here. Looking for this news to come by the end of September if we are lucky.
I have over almost 1 million shares of this stock so I would love to see this news come I need to trade some of the shares(300,000-400,000 shares) at 5 cents plus so I can purchase a different stock before the end of September.
That was probably part of the dilution SCAM. They run the price up to let the investors make a killing. They invest money that ithat same profit money knowing the stock price will drop. THey buy up shares and some new investor SCAM is run and everyone makes out like a bandit. They sell the FREE shares and the new shares bought at 20-25 cents again, and everything is pure profit. They have pulled this off 4 times now and they are working on SCAM number 5. The investors at 71 cents have made more money then you could possibly believe and will make even more when they reach the price they want to buy at before running the price back up again. This is the same game this management played at their old gig and they are very good at it.
Another idiot pumper saying he bought at 20 cents and held on thru a 350% gain. You have the audacity to call me a liar. Your next post will be that you sold in the 80's right.
Just admit that GREED got the best of you too. At least then you might not look so stupid for holding and losing all that pretend profit. I am a realist and I don't believe in living in a dream world like you pumpers do.
I guess that is what happens with a stock that promises news and does not deliver. It is always 2-3 weeks away. There has not been one single PR so far with any absolutes. It is always
We are still working on it and expect it to finalize in 2-3 weeks. Now that it has been 2-3 months, when is the solid news going to come?
The funny thing is that the proof is right in front of your eyes and most of you can't see it. What else do you need to see to show you this is a manipulated stock?
Do the manipulators need to put out a e-mail in advance saying what they are going to do?
If you think about it, and put two and two together, that is pretty much what they have done over and over again.
I am not trying to fool anyone. There are already enough fools on this board already that have watched this stock go down. If people listened to the pumpers on this board , who kept saying it can't go down any further, have had these loses reality thrown in their face.
YES it can go down further and it does not need any reason for it to do so. It does need a reason to go back up but another dilution is 7-8 months away if you go on the average so they will need actual info to make this move. If they had real good news, why are they waiting?
Letting friends and family members in on the SCAM probably. What else could you call the manipulation of this stock price up and down over and over again.
Ask yourself why it has gone back down to 20 cents after every single dilution they have done so far. Nobody cares "WHY" it goes down. The FACT is that is does go down every single time. You should be asking yourself "WHY" it would not go down like every single time so far.
They are happening so fast it is hard to get in on these manipulations especially when everyone knows at any time, the price could drop down to the next lower level. I figure this is probably the last pump and dump at this level. Still expecting 30 cents next week sometime. It is very difficult to buy into these PUMP and DUMPS after they have happened a couple times already. Every level.has had 3-4 pump and dumps because that is all they can get away with so expect the price to fall down next week.
NDA filing has no possibility of happening in the next year.
Up listing has no possibility in the next year.
A R/S has a slight possibility but not after dropping here or they could wait for it to drop to 25 cents and be forced to do it early next year. Either a R/S or another dilution is definitely going to happen next year and maybe both.
Phase 2 results are definitely coming, at the latest, at the next CC which should be in early November and maybe earlier. They will need to pump this up after showing another quarter of losses and increasing burn rate. When phase 2b trials are announced at the CC, the burn rate will increase even more so a quick pump job will desperately be needed by then.
I figured you to be more level headed than to get excited about a one day gain. How many times has this done that only to drop down to the next lower level?
Every time the stock drops down to the next lower level has been right after a couple days of gains that are lost in one day and then it drops You are not becoming one of these senseless pumpers are you?
You are better than that.
You sure are getting excited over a one day move of 3 cents. What about the 50 cents this has lost or the 30 cents it has dropped since investors paid 71 cents to start this decline?
Remember, this has gone up and down at every level from 70 cents, 60 cents, 50 cents and now 40 cents before falling to the next level. The next lower level is coming next week for sure.
You longs have to stick it out because you are so far in the loss column, it does not matter. I can wait, the 3 cents does not matter to me one bit because I have waited since this was 70 cents and even traded it once already and made 6.5 cents so it would have to go up over 6.5 cents before I would even have to pay the money that is already in my pocket. I am in a no lose situation.
Now you are thrilled that it hit 40 cents temporarily. What happened to over $1 or the stock will never go under 70 cents. Why would investors pay 70 cents and the price go down?
Have you figured out why they paid 71 cents and the price dropped to 36 cents and probably lower in coming weeks?
You need to stop thinking in one day gains unless you are trading the stock. Even I would not trade this stock for 2-3 cent gains. Watch the price come back down again and maybe after a few more times, you might learn something.
That is why you need to sell and put money in your pocket. No matter how much money that is. There are hundreds of stocks to choose from but most are not manipulated up and down with percentage gains like BIO stocks are in phase 1, phase 2 and phase 3 trials. The greed to make more money gets shareholders every time. The true money makers are the traders who control the price movements. If you can not see what has happened here multiple times, GREED has got you by the balls and will not let go. Most of you are under water now and hoping for another miracle. You will have to wait until the next dilution is need next year for another run up in price.
How much "paper money" have you lost holding this stock?
I traded this stock 5 times when it was moving from 19-26 cents and once when it hit 30 cents. I have a profit of much more than $630. A total of around 29 cents a share in my pocket. What do you have "in your pocket"?
Absolutely zero because you have held. You can not hold these BIO stocks when they are in phase 1, phase 2, or even phase 3 trials. There is just too much manipulation. Maybe you are new at this and just don't believe what is happening.
BELIEVE IT!!!!!!!!!!!! It happens over and over again and you have seen this happen with ONCS and still don't believe it.
You must have small man syndrome. You are just way too easy to upset. Taghova, you have got to be losing quite a bit to get so upset over so little. I guess little things bother you the most. You would probably have to stand on a ladder to spit at me. You must be a very inexperienced at this.
the only thing happening here is a R/Sof at least 1 for 10 and probably 1 for 100. They keep buying companies and they keep trading shares. That ought to tell you something. Now, they want to get into the marajuana business just like everyone else. You want to know why the price continues to go down?