It's called frustrate the retail gang and make them sell. It is the big money Dr. Kim wants doing what they do best. Without news to support P2 results this will continue. We are holding data until Peer Reviewed, and that will take time. This action will continue until we get more news. Dr. Kim and the insiders can't keep buying shares to show confidence. They must get the word out to the public and attract new investors. The longs have done their job and they will hold forever but we need new money and it is difficult to attract with the P2 results we have posted. We longs know that the results proved our science and platform but the street was looking for more I think. New investors are looking at dilution and less than stellar results and I think many are waiting to see further data before buying. This is just my opinion, nothing more. I have done this a few times in the past, but I'm still another retail investor.
If you look at the message board often enough you will see committed longs saying they have golden eggs at .50 etc and that they are looking five years out. That is all well and good, but new investors aren't looking five years out, and are not buying in at .50. They see a company that did an RS and took 75% of the shares back and still remains at $2 and change after the biggest event in the company's history. We have to sell the story and show results to attract new investors, that's the name of the game. Longs are happy and do not need any more convincing and have supported the company in its infancy. Dr. Kim now has to convince new investors, bigger money, to buy into the greatest story in pharma history. JMHO
You know, this company has taken our money for a long, long time and has given very little in the way of information hiding behind NDA's. Now more than ever with so much going on and their need for more financing getting close, they should step up and give something to encourage us longs. I have and email to IR saying as much, but don't look for an answer.
News is something soo rare that I never look for it from the company. Isn't that awful? Looking for a leak or two and disappointed there hasn't been one. Thought Joe Spaz might have dug some decent tidbits, but nothing that I can see. Sweet is right about the weather here, everybody going to the beach that can. Hoping Sony gives us another mention is about all I see.
MVIS does not announce news of any kind. Been waiting years for Tokman to remove the muzzle placed on him by the legal staff. Too many empty promises and fear of legal action.
HIs confidence is not in question, it is the confidence we need to see the market take in INO. The confidence of the longs, the confidence from the BOD is not questioned. We need to see the market have the same confidence and new investors. If the daily rah, rah longs with their every day $12 predictions could drive the pps that would be all we needed to gain the respect we need, but it won't happen without news and more action by Dr. Kim. No doubt it is going to happen sooner or later, but the pot holes along the way, some self-inflicted in my opinion, are burdensome to the new investors. Things I've seen him do here are necessary for INO to move forward, but timing is critical and I have seen better executed dilutions.
That's not as easy as you think Sac. He shelled out over $2M to show how committed he is to the science and the company which I don't think he needed to do. Everybody here knows we are undervalued and I think Dr. Kim is disappointed and wants the pps where it should be, and that is where the market is showing INO the respect Dr. Kim wants for the company. I think he and many others thought we would be much higher after the P2 results and took steps to raise awareness in the market. Just my own thoughts, and I know I will bear the wrath of the red thumb brigade, but that guy has all the shares he needs for a lifetime, and he gets more as we move forward. I think about that and how dedicated he is to the science and the success of INO, but I also feel that he can and has made mistakes with the financing. Only time will tell, but right now I have my doubts and I hold with the rest of you.
And they will walk it down again tomorrow and again on Thursday without something from the company, and the insiders aren't going to keep buying over and over. They have put their money where their mouths are and it is a solid statement for sure, but the fact is that we need news to reinforce the P2 data. The Roche delay is good news in the long run, but it took away some momentum for Q3 that many were looking for. I think Dr. Kim has to get busy telling the INO story again. JMHO
Gary, I do believe you hit the nail on the head and I concur. You are in a discussion with retail longs that haven't any time for thought and punch red thumbs all day long. The RS was needed, but I disagree with the timing. It could of been done with much less impact on the pps and we would of maintained momentum. AF is an excuse they use because it is convenient. Anybody that dares to question the BOD's methods or Dr. Kim in any manner is relegated to the basher bin. I stopped posting due to the narrow minded longs here and only read posts and take away useful info from the better informed. Good luck.
Are you saying that nothing has changed here, that the ball is still in Alec's court, that we still await his awakening? I agree.
Say what you will, but he has been right as much as you have been wrong. Not saying you won't get one right sometime in the future, but your batting average so far is zero.
You're trying too hard vote. Consumer electronics is horse of a different color.