They are reissuing our shares before they even take them back to reward the BOD for screwing the riff-raff so completely.
If they are still in their quiet period from the shelf there won't be any news coming. Looks like the fourth of June before they are allowed to say anything positive so this week should see the funds hitting the short side pretty strong. Maybe my dates are off, but I think this week will be tough. After that there is tons of news they can and will release to get a decent pps on the RS. JMHO
You're flippin' nickles. This is a great buy right now, I have been adding all week. The company can't let the pps go much lower or the RS is worth less and less. I'm looking for the comany to start to support the pps this week. Never could pick the low nor the high so I just buy when it looks good and sell when I've made a profit. Here I keep a core position and trade about a third. All in and all out is not my style, but whatever floats your boat.
That's smart sweet, Been there, done that tooo many times. I will let any news surprise me 'cause I'm tired of disappointments and refuse to follow the dots any more.
Didn't we open the door for a hostile takeover? How many big Pharma can eat this company up at these levels.
Is there a poison pill here? Hope so cause this reduction in market cap is astonishing with all we have on our plate.
The power of an RS. It doesn't know squat about a pipeline, or management. It attracts sharks and invites unbelievably violent swings in the pps. Now we get to watch how the big guns go after shares since the RS is now approved. If you've never been through one, this will be a real lesson. Just how do the big guys accumulate 60% of this company from here?
I don't know Harry, averaging down is not so bad and idea here because as I see it this thing could very well run away pretty quick if all stars are in the right spot and it looks very promising as we go forward. Not saying it's a lock by any means, but what a science addressing the plague of modern times with no side effects and a low float. Hate this RS #$%$ and buying back as we speak with dry powder left over from selling last month, but INO has to start beating the drums to keep us in this area and try to support the pps. Averaging down doesn't look like a bad idea to me.
A lot of us are still here even though Kim changed the game plan on us. A lot of us are gone and waiting to buy back when Kim's new bosses are finished beating the heii out of us, and a lot of us left because Kim betrayed us and changed course. DD said "grow organically" meaning protection for the shareholders against dilution with cash to go a few years and partners waiting in the wings. DD told us this was a shareholder friendly commpany and now we see a shelf offering and an RS that wasn't here in March. A lot of us are shocked at the drop in market cap over what looks to be a minimal advance in pps to satisfy a few big players at the expense of the little buyers that supported this start up with small purchases weekly or monthly whenever a few extra bucks were found. A lot us are now looking at what an RS is capable of doing in the hands of big players who aren't nearly done with us yet. Those of us who can afford to wait it out will and those who aren't as fully funded as the rest will be gone and never realize the dream Dr.Kim painted for them because the just can't afford the new friends Dr. Kim has cultivated. DD? You don't think we all did DD because many of us feel that now that Dr. Kim has an ego problem, and wants to grow fast now and organically is no longer the buzz word. DD was done by every one of us, we just missed all the small print.
It isn't that hard Dman. Think for a minute, there a too many retail here after 5 weeks of RS heii. It isn't over just because they voted for the split. they haven't announced a date yet so we don't even know how long this continues. they have to reduce the retail side of the house. How they goin' to do that? These guys that are calling the shots are good at what they do, bank on it.
I guess we can expect some real difficult times ahead as the institutional holdings are currently only 15%. I assume they will now go to work in earnest to help Dr. Kim achieve his goal.
Someone asked that question several years ago and the answer he gave was that we used to have one but they got rid of it. I asked that when I first started investing here a long time ago. It came from another poster I think, that far back.......
Because they get it all back in those stock grants we just approved and it is our lost shares they are issuing to themselves. Just sayin! Wait to see how many more shares they issue after the RS goes through, that is the question.
They don't need our approval, they just asked us to approve it. they will do it if and when they decide and then, perhaps ask us later for approval. This is all part of a grand plan he has to make us big quicker than growing the company organically. If approved they would do it soon and he will issue more shares to grab a fast 100M and tell all the suitors he doesn't really need them. I think it's all about raising more cash and the rest is all just windwo dressing for the retail crowd. Minimum pps for institutions is only half truth, if they see what we have in P2 they won't care what the pps is, and it helps Kim negotiate better with big Pharma, who we need to go to market with. We needd to stay focused on R&D where we are real good and let the big guys figure out marketing strategies.. Now, a very successful P2 and a rise on our own putting cash in all the small guys hands would be a better time to float an RS. I think folks would be full of priase and hungry for more and would be more receptive to a proposal then. I have felt from the begining that the timing was all wrong on this.
Could we get to $5 without an RS, HEKK yes. I think so many big Pharma interests are right arount the corner that he is drawing a line in the sand now because the second half is going to be something else.
That is exactly what this whole thing is about, issuing more shres. You gotta read between the lines. A company with no producs exists through issuing of shares and Kim is no different. You can't issue shares when you're up to almost 300M, you have to RS so you can get more shares out there at a higher price. that is why most stocks return to their pre split pps over time. If Kim says he going to issue shares every three months folks won't buy any, so he has to say this is for the good of the company, which it is if he needs the cash. The ploy of a $5 pricce to attract more stable investors is a half truth, he wants more money to negotiate with big pharma from an "I don't really have to have you, I can do it myself" position.