Insider Berkaloo from Pilus (sp?) has been selling a fair amount of shares which puts pressure on the stock.
I believe he holds alot more but who knows why he is selling at these levels...
one thing is for sure derek, if someone really decides to manipulate the stock you are going to be crying uncle before they are anywhere near losing ther butts.
look at VRNG shareholders today. they thought they were smooth sailing after the court ruled in their favor on the google infringement and they got wiped out today on the ruling being thrown out on appeal
i guess that's not the HALT you were hoping for?? ouch
so has this CEO checked out?
he was supposed to energize the company and get things moving because he was being compensated in stock but now LVGI appears to have fizzled out...
btw, i posted that same link on Aug 1st so its nothing new.
I definitely saw it though as a pre-cursor to the FDA coming through with approval on the Invocell.
An announcement in the next month or so would be a great early xmas present to families who would beneift greatly from a lower cost to entry.
ok i see what you are saying but there just isn't enough volume here
I don't see how they are going to shake people out by dumping, why sell those shares?
It would be nice to get an update as to further discussions w/ FDA, maybe an official update/progress of the Texas trial but it looks like they are just waiting to unleash a flood of news rather than letting it trickle out.
I believe they have decided to hold off on any /all pr's until the FDA weighs in.
Then they will resume reporting of other progress/efforts, etc. Its just not worth the expense to issue pr's when it wont have any affect on the stock price.
Everyone know's that the major catalyst is an approval from the FDA so until then there won't be much movement.
News from the FDA on In Vitro (at least they are working on the sector), hopefully they have something positive to say on the INVOcell soon...
A guidance document titled In Vitro Companion Diagnostic Devices has recently been posted. This guidance is intended to assist (1) sponsors who are planning to develop a therapeutic product1 (either a novel product or an existing product with a new indication) for which the use of an in vitro companion diagnostic device (or test) is essential for the therapeutic product’s safe and effective use and (2) sponsors planning to develop an in vitro companion diagnostic device that is intended to be used with a corresponding therapeutic product
FDA DOT GOV/downloads/MedicalDevices/DeviceRegulationandGuidance/GuidanceDocuments/UCM262327.pdf
you have to consider that pretty soon it will have been another year since hopes were raised that the FDA would be issuing a ruling. I think it was before thanksgiving that there was positive news on the Texas trial but still no FDA news one way or the other.
You have to think that the traditional IVFconsortium is lets say concerned with something like this coming to market.
don't focus on the ask, what you want to see go up is the bid and that won't happen untl there is a reason to really buy ......FDA Approval!!
I'd agree, production can be done anywhere. FDA approval is what will put Invo on the map.