that explains the move, and appears some twitter readers came to yahoo.
Good Luck to Longs.
Some people make a living, or try to, trading stocks under a nickel which can
move large in percentages
someone sold there too, gotta be honest, right? I own it, but it's bleak. Needs solid good news, decent financing, FDA path to approval, big orders, licensing, something meaningful. r/s and new secondary are planned. Company is broke right now.
dude, I can read charts, yet I also know the capital structure, the debt, the convertibles,
the 1B shares auth, the 420M fully diluted, and all the false hopes broken promises. I didn't bash you, just called it like I see it, pump away for I am long of this stock. But beware of Lilith, young laddie.
fraud you're a shameless pumping machine, Lilith is coming for you.
can you pump it to a dime for me?
yahoo won't allow active links, censors many, and has buggy code,
deletes post for punctuation, censorship, etc., no wonder the company
has fallen on hard times, laughable even.
btw, when you see a spam post here about some penny letter,
report abuse and it is removed, stopped, thumbing it down has no effect.
I love it when I get thumbs down on my posts, it usually means I'm right.
I've never been a crowd follower, just the opposite, in fact.
The crowd is usually wrong.
People should think independently, and care not about
what others think about them.
Last thing I crave is acceptance, approval, by anonymous strangers,
and what the sheep think.
A year ago Gene said need $10M in revenues to b/e, but that was before it took on the huge
interest payments and sad loans, convertible stock issuances. Also CG were sold at $6.77, so I guess now need more like $13M/year revenues to b/e, and needs millions of CG sales where the profit is. Dec. 1 they told us they would lower their cost on CG by using one cap per 100 instead of one cap per each CG. They should be able to lower cost on Luvivas as well.
Only one thing matters right now: closing financing.
There is only one event that can save the stock near term and I sure hope it's closed and announced soon, very soon. Not with China which doesn't look likely near term. Looks like Ed, who owns no shares, is trying to bash the price down so he can buy it cheaper. Can Gene come through and do what he says he'll do?
Right, FDA/Guided should reach agreement soon on clear path to approval.
And on visiting Docs, you can still talk to them without watching procedures, one guy I know who
used to own this stock spoke regularly with Canadian distributor and also Docs who love Luviva, clearly it works, that part is not the problem here, finances are, and sales.
They're able to fulfill the Turkey order per terms.
It's not that dire, orders are trickling in, and it won't file bankruptcy soon
I'm pretty sure. I believe things will improve with the company but the
capital structure will continue to pressure the stock, which I expect to still
do well in 2016 but not at the beginning. A lot of things are in negotiations so
it could go either way but at this market cap it's way too late to sell.
May as well hold on and gamble.
So many possibilites are plausible here, some of them huge.
The reason the market cap is so low is simply because of the atrocious
toxic financings, it's still hard for me to grasp how a smart man did
something so blatantly stupid. Both ceo & cfo would have been fired over it
but at this company it would be hard to find better.
SUMM in London is the stock that trades, smmt is just a u.s. tracker stock,
not sure why smmt is so thinly traded, you can pull up summ quotes at bloomberg or go to investor village smmt board for link.
I don't know cyto my hunch is they'll announce financing and some orders in Jan., China no one knows if or when, surely not Gene.
Seaniose, you're too chicken to say what you want so you created another ID, that's pretty lame. I understand you're angry because Seanoise and I were bullish and you didn't do your own work, followed us and lost money. That's how you learn. Instead of taking out your anger and sadness on others, study, learn, improve, instead. You'll be happier. At least Lilith posts what she wants without hiding. You, otoh, are spineless.
So bigs have sold out anticipating dilution, loan, r/s.
All that stuff is discounted, stock can double to .03 on good news.
So I kept 2/3 of my max holding.
Aquarius, Promed, many big retail longs are already out or sold most!