It is really not fair Every single other biopharma stock is UP very Green at 3-6% up for the day and Oxbt is down -4.33% still and stuck at $4.30 the last 20 minutes.
Why are you doing this to us and this stock?
Do you think you can make this close at even as it is still down -4.15%.
Thank you GOD for stopping it from falling further. Thank you.
It did before because the pump of "commercialization and imminent FDA approval" but now people know it will be at least 2-3 years out before the FDA can analyze the findings let along start selling anything.
So, game over.
We need your help to save us from this con job of a biopharmaceutical company. You see, back on October 11th, they sent out the press release below that said,"....clear path to commercialization with a Phase 3 asset addressing a $600 million market." Then they mention "FAST TRACK" status and this lead people to believe approval and commercialization was just around the corner. Also, they pulled the $600 million market out of the blue with no evidence where they got that number. Please don't force this stock down further. We are being wiped out of our savings. Please.....help.
“Upon closing of this transaction, Oxygen Biotherapeutics will be a Company that has a clear path to commercialization with a Phase 3 asset addressing a $600 million market. With Fast Track status and an agreed study protocol under the Special Protocol Assessment (SPA), we expect we are one trial away from approval,” said Michael Jebsen, Oxygen Biotherapeutics’ Interim CEO and CFO. “This acquisition and management transition is designed to offer us a tremendous opportunity to enhance shareholder value. We are thrilled that an industry veteran of Mr. Kelley’s stature will be taking the helm at Oxygen Biotherapeutics.”
When people cannot give specific reasons, they attack silly semantics, spelling, idiomatic errors, etc. All I am saying was there is no catalyst for 3 years to buy the stock and people margined and for tax reasons are selling.
What i strange? No volume? The volume yesterday was barely over 400,000 shares traded the entire day.
Now, we have 400,000 share traded in first 1.5 hours. The market makers are at the bid and for people to get rid of their shares, they have to drop their ask to that price. So, I am surprised it has not fallen to under $5. Doesn't mater, it will be at $4 in a few days. No one wants the stock now.
Dude, I am stuck at $6.30 and getting killed. I am just stating the truth and not lying or pumping the stock. Bashing is telling something totally fabricated to drive price down.
I beg of you not to sell anything as the volume has fallen to just 400,000 a day now. Any sales drops this -5% easily.