CNBC is the kiss of death.
EROS, take a look at the chart of EROS.
The very next day EROS CEO was on CNBC and rang the NYSE bell, that day began a huge short attack and the stock dropped to $6 within weeks of coming onto CNBC.
AF,JC and Herb Greenberg. might as well be Bush Bush and another Bush. They do just as much damage.
I think it all depends who was betting on that specific drug stock. I too wonder why certain companies with very little to offer have very rich valuations. While others very feeble valuations. I can only conclude short traders were wrong on great drugs and refused to cover and lose a lot of money so instead the naked shorted so many shares it would be almost impossible to cover or deliver. So they hold short forever. Other fund managers who tried to buy and rally the stock just got too over whelmed and walked away. Abandoning a great drug company knowing shorts killed it and have no plan to cover. Once in a blue moon. Fund managers actually get lucky and have their money on the right stock. And they allow it to rally because they own so many shares it benefits them to let the stock run free. Some times they have their long position on very bad drug stock's and they still buy more and manipulate the stock higher again because it benefits them.
The common denominator is apparant. What ever benefits the largest investors. That will determine whow gets approved by the FDA. And who has a major rise in stock valuations.
Look at JPM huge Silver short. It's so huge and it's so naked. They can't possibly begin to cover it. And the demand for Silver is record breaking. Yet the price is so suppressed. JPM has admitted silver manipulation sort of. Same thing with gold. Huge demand. Very low price. Is it the Federal Reserve the banks that fix the prices ?
Whom ever it is, it is to benefit only the most powerful among them. Not us who are buying with both fists.
Unfortunately a great drug. Does not mean a great stock valuation. If Wallstreet missed a great low price entry on a great drug stock they only have to kill it by shorting it. Naked shorting it then covering at very low prices giving them huge profits to flip get long and buy way more shares on the cheap than if they actually went long in the first place. Going long first. Means paying face value. Dollar for dollar.
in AF's case, its "Butt Plug"
my health is actually pretty darn good, thanks for asking. Not frustrated at all. ;0)
you are spot on about his method and his strategy. The dude came from VC, has an MBA, knows the finance side of it, knows the business side of it, knows the science side of it, even knows the PR side of it, knows the timeing of PR and knows what he is up against regarding short bashing hedge funds and AF.
This guy, is like an expert of every angle, he is like a navigator in the most treacherous playing field.
I for one, have yet to find a young drug company with great management who knows what lies ahead and how to navigate it, by the time the phase 3 is done, and the FDA approves, most CEOs have no clue how to bring to market and by that time, the stock is so diluted and they make these very bad agreements that give away the whole farm. Every share holder usually wants the CEO gone and a new BOD.
I have a very strong feeling, Missling might be the best darn CEO would could hope for. He is going to take us all the way into the end zone with time to spare !
I just love getting straight to the point with it !
Bravo. don't hold back let it all out..LoL
oh wow "truth finally floats to the top big wicked"
"I don't understand the science part of it"
Wow, yet you come here to slam bash denounce the stock?
shady past dealings ?
the entire NYSE Wallstreet, stock exchange, Fed reserve, big banks, FDA, pick one any one. everything is shady !
And you want to single out a company with a science you don't understand and with financing you don't understand and call the whole thing, shady ?
Your evil twin mini me AF has a job for you ! You don't even need to submit a resume, your right down his alley. a match made in heaven.
take a look at yesterdays EROS 1 minute intra day chart. at exactly 1:35pm they hit the stops, the stock dropped over $1, and began snap back up 5 minutes later, and totally recovered !
That is what we want to avoid here, they can not do that, if we remove our stops.
spread the word
FIND pdf ON STOCK TWITS MESSAGE BOARD, LINK !
$13M CASH ON HAND.
$400K monthly burn rate.
32 Months covered without needing to raise more cash.
$13M cash on hand, NO DEBT. $400K cash burn rate per month.
cash to carry 32 months.
read the PDF provided by a poster on stock twits direct from the company regarding science and cash on hand.
GO AWAY WICKED !
I could be wrong, but it looks like $5.50 area is where shorty is covering, but some one keeps selling into the pop on the bid side, while the covering is on the ask side.
this has held above the 10sma line, which is a very good thing btw.
It's going to be fun when it dawns on you and other bashers that money is not an issue and a partner has been secured. They don't hire without a plan in place already. And with such a low float stock they can afford a private placement of 10M shares without batting an eye and Wallstreet will only reward as a sign of confidence !
Dilution or private placements etc..are not a bad thing when you have such a huge market potential.
It's a given.
This guy really is going to be good for shareholders with his constant updates to reinforce the evolution of the process. Not like other companies that leave everybody in the dark for 12 month stretchs. Shorts will never be able to sleep well knowing fresh news is always right around the corner.
80% greater reversal of memory loss in disease models.
Exactly what does this mean, "disease models".?
Is it a computer model or an actual human being ?
Just curious about what they got the 80% improvement on.
Obviously a newbie type question.
If they own the warrants they are most likely short ?
That is what seems to happen 99.99% of the time. They short as a hedge.