LOLOL. You fool. How dare you associate me with these basher idiots. I only posted this here because I listened to mensa's nonsense for months on the ONCS board, the only board I'm on. I could only laugh when I saw his pick tank by 70% in 3 months. Pretty typical of a mensa pick LMAO.
Why in god's name would they PR something that the market would likely perceive as "bad news" even though it's the right move for the company. The monotherapy ship has sailed, they are putting all their eggs into PD1 combo. Therefore stop #$%$ money into this trial for an incredibly rare disease and look at a combo later. Based on potential revenue MCC should contribute about 1-2% to the company's market cap so why PR something that might cause a huge sell off. Brilliant strategy. Quietly say it's going away and never mention MCC again.
sure thing, just wanted to clarify in case any relied on that. Let's hope we get some positive vibes tomorrow. We need them.
LOL, I feel your frustration my man, but his "bloated salary"? The guy makes $400k a year as a CEO of a publicly traded company and lives in San Diego, one of the most expensive areas in the US. He's giving us the hometown discount pal.
cam, the board didn't lose credibility for you last week when they banned 30 reputable posters in a 3 day span? It's quite clear what's happened. ihub is living up to their longstanding reputation of working in cahoots with criminal market makers to suppress yet another OTC stock. It's disgusting.
Sentiment: Strong Buy
What in the world are you talking about? They have over $34M in the bank, with a 1.5M a month burn rate AFTER all the new trials are started. That's two years cash. You must be referring to the standard SEC required disclosure that says "we have sufficient cash for 12 months." The same language has been in every ONCS quarterly report since the beginning of time as well as every other publicly traded companies Q's.
I don't know if this is soft bashing or what but if not come on man. We don't need longs making completely clueless statements like this to get people worked up.
This is a good one tin. After all these milestones are announced we really don't know what if anythin we'll get before interim data on the Phase 2b, which could not until the fall.
I had this same thought earlier this week. Who was the f-ing brain surgeon that allowed them to list on this POS in the first place, just to save a few bucks that are likely a rounding error at this point in time.
Yeah I've seen that talk as well and I personally don't buy that. I think that's just speculation amongst panicked longs being emotionally affected by the sell off and questioning why they are holding a conf call for the first time ever. However, even if they did can the study, it makes virtually no difference in the value of ONCS. In fact, I wish they would can it, and put all their resources into getting the Phase 2b right and focusing on R&D projects. MCC is so flipping rare there is very little added value there because the revenue potential is so slim. Funny enough though, if they did announce they were canning that on Tuesday you know we'd probably sell of about 40%, even though MCC shouldn't account for more than about 5% of our market cap, if that. LOL, the market is so screwy.
yep, unfortunately it's a billion dollar business so it won't ever stop. The SEC doesn't have the time nor manpower to regulate it on the OTC, so we're pretty well screwed. However, they will let it run at some point. They always do. I'm as frustrated as anyone but this shouldn't really be a surprise. If we haven't learned in the last year that the buildup to these PR's never pans out how we want it to, we never will. The run will happen once we think we're doomed because there will be 6 months without news and many frustrated longs are gone. It's hard waiting, but many of us have no choice now.
I thought so too, but short interest was actually only 15%. Which means this was mostly retail selling. Almost certainly traders who got in at a price point in the mid-0.50's a few days before and had a nice little run up into yesterday's news. Once it was clear that PR wasn't going to extend the run further they all bailed. HOPEFULLY, they all got out of the way and we can proceed back up today, however you know the MM's will be out for blood as there is probably a lot of scared retail right now. Today will be interesting.
Sentiment: Strong Buy
fieb, it's pretty obvious he's a hired gun by the MM's, almost certainly CSTI. CSTI has a reputation for ruthless naked shorting and level two shows they feast on ELTP and CTSO, where lowenstein has bashed for years. It's no coincidence that they day he showed up on ONCS' board CSTI was all over the ask dropping huge fake walls of 250,000 shares at a time to stop the run. There strategy actually worked quite well. They gave the stock a 10 cent haircut and got 30 people banned on ihub. Dr. Lowenstein and CSTI know exactly what they are doing, unfortunately.
They certainly have never had one since I've been invested. I can't imagine any scenario in which they'd hold this call before a new indication is announced, unless for some reason it's been delayed, which they have insisted isn't the case. That new indication would probably warrant the most questions so it would be pretty stupid to hold the call without being able to discuss that.
I don't think this conference call with invited analysts is the platform to discuss a RS...
It quite obviously means that the new indication will be announced on Monday morning. There is ZERO chance they would hold this call before the new indication is announced.
Sentiment: Strong Buy