Other companies have done what OXBT is doing now and done "very well". How?
Well, the other companies I've followed did the reverse split, created an extremely "low float" situation.....announced massively good news (like great partnership or some great product based news)...and surged 100-200% because of it. So, OXBT can surge, if they play their Nasdaq listing correctly,...as in if they make decisions that are "for investors", not for merely filling up the coffers with a new financing before news. So, time will tell. The past history looks like OXBT will fail again, but we'll let them prove it to us....possibly again. :-)
Well, it's now a "tiny float stock"...under 2 million float!
"If" they announce "big news" before any financing, the stock shoots up with this tiny float. It should be very interesting in the next few weeks "if" and that is "if"...OXBT has any big news item in it's bag to use next. OXBT is definitely one stock to watch now.
Of course, if they however do a big financing and capital raise before any big news, well then, chances are it settles around $2.00-$3.00 post split, or $0.10 - $0.15 pre split.
One of the best examples of insider trading that I ever seen, with yesterday's run-up and today's run-up before the mid day news! Flagrant insider trading. If Nasdaq lets this pass, "anything goes" on the Nasdaq. Unreal!!!
Yesterday's run-up and today's run-up before the news release is a clear indication of insider trading! SELL. The insiders will leave you holding the bag otherwise. DUMP this stock over $5.00. A clear SELL.
Chart on OXBT looks really nice and OXBT has had good news in the past week or so.
OXBT had some recent good news and is still fighting, but things are looking better over past week or so. OXBT might be a big time winner soon. Don't miss it.
That's the probable area of their next financing price. Pretty good guess they'll raise capital after this surge. Don't get caught...SELL.
SCON has done this before. Big news followed by a capital raise and crash for all buyers on the hype news day. SELL...don't get caught this time.
Save the last bit you have in this losing company and SELL! Final crash to $0.01 is very likely for OXBT.
This post deserves "thumbs up".
OXBT has clearly drained investors dry of their funds and OXBT should have turned things around a long time ago...if they could. Pretty obvious that it's a stock that does not belong on the Nasdaq or on any exchange, imo. SELL!
NVGN and that Seeking Alpha pumper make a good team. Wonder if they'll team up again.
Why sell? Simple, it's because OXBT clearly has put shareholder value on the back burner of "all" decisions. The stock price speaks for itself! SELL....before it crashes to $0.05.