I think the rules are different on OTC BB stocks. Nasdaq national mkt different. Still pretty amazing. 176,000 shorted of 278,000 traded. They are making a huge bet against TB 4 that RGRX is a penny stock POS. They've got to be over 3 million short as a position trade by now, It has gone on like this for years. The rule infraction with SEC is that the MM are not allowed to naked short w/o borrowing for long term POSITION trades. the MM only get's the MM exemption for not borrowing or reporting their short for "ordinary course of daily business" market making. when you see the MM shorting 60% or 70% of a days volume, it is not ordinary market making.but using thier power as a large POSITION trade short. Position trades do not qualify for MM short exemptions as I understand. But they have cheated that rule for years now.
As usual, this board forced Finkel-Tinkel's hand. he knew oreans got approval. But a poster here trolling G Tree's news got it..and he POSTED it here. Finkel reads this board.and once again, he was forced to put the news out not when he wanted to, but when this BOARD found out and posted first. This happens all the time with Finkel. It is one part of why no one on the street trusts him or TB4. Otherwise we wouldn't be a few tens of million market cap.
Very god news Korea is starting phase 2/3......it looks like they go for the whole ball of wax. The trial is 360 pts....which shoudl be enough for phase 3 if the results are what they hope. If they start sign up late Sept.we coudl see results by April. I would like to know WHERE in Korea the centers are. the more polluted the city the better chance of success. That's why I wanted to Lee's China trial to start. But it appears that Lee's has put TB 4 on the back burner. Woudl not surprise me is they halted work on it until they see the Korean results. By delay they win either way. if Korea wins, it is HOME run for Lee's. if the Korea trial has issues, then Lee's can se e if they can be adjustsed after and plan. Just like the Ora trial didn't totally fail, adjust after. So looks like all is in G Gres hands now.
You are FRUSTRATED? I don't own RGRX because of mgmt or FINKELSTEIN.I own it to see if TB 4 does work. Finkelstein is beyond frustrating. he is a disaster and has been for TWENTY STRAIGHT YEARS.. there is ONE reason and one reason ONLY.why RGRX is valued at a few tens of millions...Finkelstein. every trial he has done had issues. Bad design, poor execution, of some bad luck. I'm holding because I think it can work in dry eye. Neuro and hart are long shots.
Isn't it just ANOTHER in a long line of Finkel Tinkel screw ups. he does a PR when Henry Forrd get's a TB 4 patent, but when RGRX get's a MAJOR USA HEART PATENT, he hides it.
Worthless to contact. the questions I have he will not answer. he'll claim rule FD.
It is so classic RGRX incompetance. They do a big PR when HENRY FORD HEALTH get's a neuro patent, that RGRX ALREADY HAS ONE AHEAD OF THEM!!!!!!...and RGRX has to "in license" it BACK from henry ford?
And in the meantime, forget Henry Ford PR today that THEy get a patent, WHAT ABOUT JUNE 16, 2015.....28 days ago.....the US Patent Office gave RGRX a MAJOR heart USA patent.and silence....no PR release to tell investors. Hidden.
Don't hate the messenger...me. I just try to make you all see why RGRX is priced where it is..........NO ONE trusts RGRX or especially Finkelstein! They hide things all the time.
Here's another classic by Finnel Tinkel and why no one believes RGRX. Teh release todays states VERY clearly that RGRX is forced to IN LICENSE the rights FROM HENRY FORD for this IP. But all along RGRX has also had to in license the compound from the NIH. WHY does RGRX have to in license TB 4 for neuro from Henry ford? They deserve something for their work, but I woudl like to know why they got the patent in the first place. because US Patent 8,716,215 issued to RGRX over a year ago very clearly shows that RGRX was first in line for neuro related TB 4 IP. So why did Henry ford get it? And why does RGRX have to IN LICENSE it from henry ford, when RGRX is already "in licensing" TB 4 from the NIH?
SEE? It is why no one trusts RGRX. And we are valued where we are. No one trusts Finkelstein. He hides the June 16 heart issued patent and he won't explain why Henry ford is able to step OVER RGRX's already granted neuro patent
Oh, just in case you wish to look at other USA patents issued to RGRX in teh heart area..look at no#'s 8,426,365 and no# 8,093,214.
Still silence on June 16 one.
The USA heart patent was issued in June 16, 2015...just less than one month ago. Silence and RGRX hides they got it.
If you do not believe me, go to US Patent Office main site. Go to patent search. You can search by the patent NUMBER..which is 9,056,087...or you can just search in issued patents Thymosin beta.
Silence. It's why no one trusts Finkel Tinkel and why no one really cares much about the PR today. because RGRX altready HAS A PRETTY GOOD USA patent for euro area. That issud patent number is 8,716,215 if you care to look for yourself.
The July and August time periods have always been a slow time for comp[anies to try and do PR or news stuff. Markets are generally slow and it is high vacation time in the buy and sell side world.
No better example of this is that RGRX got a major, major USA patent in the heart are.....and RGRX stays silent. HELL! RGRX always hypes they get a patent when they get them in Canada, mexico or China. for instance. One of the knocks on RGRX has been they have a hard time in USA patents. And partner big pharma wants protected IP in USA before they invest big money. So what does Finkel Tinkel do? stay silent, hide it....but just after we get the USA patent in heart, he issues himself 500,000 free options.one of the largest gratnts, ever, to him I think. he desrves some, but not that much. for what? SILENCE???
Few days ago Bloomberg did article w/ Perdue. 3rd largest chicken. Perdue said they get calls all teh time to sell, but they aren't interested. JBS buys Cargill pork. Chines byu Smithfield. Tyson buys Hillshire. perdue not interested selling. Overseas buyers looking. SEB is 2nd or 3rd largest total processor pork. Desireable for long haul. China will pick up again. Also SEB owns up to 55% of Butterball. That has turned around. I bet JBS woudl LOVE to buy Butterball....then JBS is tops in chicken, pork, beef and turkey. I'd guess SEB's 55% stake with debt B Ball owes SEB woudl be worth about $750 million. SEB could peel that off easily. If buyers calling Perdue all time, they are calling Butterball.
nahh. it's the MM shorting. Most likely all ny NITE. GTree wouldn't sell.- They'd risk SEC issues of disclosure. G Tree stock is up so much BECAUSE of the USA stuff they now have in TB 4. Why woudl they risk it all by cheating and selling stock, when they own 20% of RGRX and then not report that to SEC? If G Tree selss a SINGLE SHARE, they have THREE business days to filke w/ SEC. big risk. And who woudl approved TB 4? Another govv't agency, the FDA.
Same goes with RGRX mgmt selling overseas & not reporting as an insider sale. Not worth SEC risk. Besides, Goldstein is actuallyy GIVING and GIFTING a lot of his stock AWAY.... (in 2014 & 2015) to someone or some entity.
Cavazzas & ST aren't selling. they own about 30%. They won't risk SEC or gov't risks either, because ST has a decently large USA divison which is also under gov't regulations with teh FDA. Why woudl they risk the ire if SEC? To seel stock at 40 cents that ST bought a LOT higher? Makes no sense.
MArket makers are short 2-3 million RGRX, IMO.....and they are naked short because they are exempt from SEC rules of borrowing or reporting their shorts.... for the MM book. But teh scam and illegal thing NITE doies is use the MM exemption for a LONG TERM POSITION trade to evade rules, as opposed to teh exempt rule for a MM to only do so in the course of daily buy/sell/buy/sell. All NITE does ususally is SELL, SELL, SELL and SELL.