what's going on is a head pump fake before the next financing. prolly a vulture hedge fund just got the go ahead on a few million shares and as many options to short against ...
We all know it's extremely undervalued and things are rapidly improving since as witnessed on the quarterly call. Shorts are now slowly covering as well. We just need the right news on APIFINY or SAIZEN progress to kick start the movement of share price. Once we bust $5.00 this stock will keep moving to $20.00++ based on Phase III readouts next quarter. Dodd, give us some news!!!
There's no doubt there's enough qualified patients for fast enrollment, the problem is OXGN has zero history of doing anything fast. Case in point it's now 26 months since announcing the GOG186i results and the PhaseII / III hasn't even started. If they have $19 million approx. by the time the trial starts and even if they raise another $4 million it will be a full year by the time we have a readout. Knowing how they work they would then start looking for partners or more cash. Both never seem to happen at the same time. By that point cash will be around $5million or less and they will be in a binder and either halt the trial or give away shares for pennies to some vulture hedge fund. This is my opinion only and actual results could differ materially, do your own DD, read the SEC filings, consult a professional and listen to the quarterly conference calls (whoops!)
April 29th, 24% drop in shares shorted vs. prior month while trashboy leads the bashing brigade in tireless rants about how bad this company and prospects are! So why are they covering? Why not increase the short? Time to load up, looks like we're getting ready for blastoff ....
If we see Test receivables over $2.4 million and total revenues any where near $3 million with some decent guidance on Thyroid Reveal uptake this stock could explode higher and never look back. Possible double or triple, let's see tomorrow ....
5. Does the Rosewood desk have any scratches?
6. How many years will the Phase III last and will you change the protocol mid way through?
7. Will Cancer be cured by the time CA4P gets to market?
8. How's running a Pink Sheet company gonna affect Schweity's pedigree?
9. What does the VP of Programs Jeff Nelson do?
10. Is Chaplin buying a Toupe with his stock options?
11. Any more Mouse studies?
12. How do I get a job at the Country Club?
13. Do they have a putting green at the office?