Now it seems like it is trying to hold 50 cents. If 50 cents does fall, then a whole new range will come. It took 5-6 times to drop down under 60 cents for good. I figure with the upcoming news on Wednesday that might make 50 cents a stronger low point at least for awhile. The problem is that this stock has always dropped back down to 20-25 cents after every single dilution so far.
Can someone explain why this time is different?
It is only phase 2 trials. They have a long, LONG way to go.
I have to agree with ONTOP. If you say you have 570k shares and did not sell them in the 90's, 80's, 70's, or even the 60's and say you have been here since the 20's, are you trying to top TWIZ for biggest moron on this board. If you had 570k shares at 20-25 cents and watch your portfolio go from a profit of 70 cents per share (close to $400,000 profit) down to 25 cent profit (about $142,000) then maybe you are a bigger moron than TWIZ.
Knowing that you and TWIZ are both liars, mathematics does not lie. I don't need to know how many shares he has, if you know the price he paid and the PRETEND profits he says he is up, you can figure out how many shares he has. I guess you and TWIZ never got past 3rd grade math.
My question to you would be:
How the hell could you be so stupid as to get $400,000 PRETEND profits and not take the money?
Are you on drugs?
Is part of your brain missing?
Do you just like coming on these boards pretending to be a big shot?
The only thing you have done is prove how much of a liar you are because NOBODY could possibly be that stupid!!!!!!!!!!!!!!
Don't worry about those investors. That money is pennies to them. The investors will make twice that much when they have decided the price is low enough. Remember the first investors that bought at 75 cents. How many shares do you think they picked up when the price was manipulated down to 20 cents and back up to 60 cents.
Then you have the second investors that bought at 50 cents. How many shares do you think they picked up when the price was manipulated down to 18 cents then back up to 44 cents.
Maybe they even held and sold in the 75-85 cent range.
How come no one mentions the original investors?
In 16-20 months, when they do another dilution, no one will be talking about these investors either because they will be new manipulators of the stock price.
but this is starting to look the the same desperate move to keep the price at 50 cents like they tried to keep the price at 60 cents. Everyone had to figure the 60 cent level would fall with the moving average being at around 52 cents. 52 cents was basically a given. The question is whether the price will hold 50 cents because there really is not any more levels left after 50 cents until the price hits 25-30 cents. After hovering around 50-53 cents for a few days I expect a move back up to high 50's at least before testing 50 cents again. This is a great trading opportunity for 15% profit or more.
Do you know how many times that has been said before with this stock?
When it went to 80 cents and dropped to 25 cents.
When it went to 60 cents and dropped to 20 cents.
When it went to 44 cents and dropped to 18 cents. When it went to 90's and has now dropped to low 50's. When you look at these times, there has been a dilution every time. There is no telling how low the price will go until it goes to the bottom and stays there. Pumpers and bashers will makes fools of themselves with every uptick and downward price movements. Just sit back and watch everyone else make a fool of themselves, When it bottoms out these bashers and pumpers will be gone and using new names.
This is really the first day the price has dropped 4 cents or higher in awhile. The next question would be,
If the 200 day average falls and the price actually does go below 50 cents, Where is the next support?
There isn't much support until the price reaches 30-31 cents. Could this actually drop down that low if there is no support under 50 cents?
If the stock does drop below 50 cents, how long will it take to drop to 30 cents?
With no one really knowing what is going to happen with the stock price, that is the reason you don't get excited and try to catch a falling knife. Wait and wait some more until the stock levels out and stays in a range for more than 2-3 days and more like a month or so. When stock prices are falling, for no apparent reason, you need to wait it out and actually believe what is happening.
The marijuana scam stocks have already been halted. If this is halted, it will be because they are going to announce something BIG!!!!!
You have not learned your lesson yet?
Fishing for a bottom is almost always a mistake. Let it hit bottom first or join the manipulators and trade for the 4-5 cents. These manipulators are making money with the price slowly going down with every uptick and self proclaimed prophets like yourself.
You can always tell when someone is losing money. They keep saying they are buying more as the price drops. They use some of their other ID"s to cover up their mistakes. You will be back again. saying you bought more with a different ID again. 50 cents is just the next new low for manipulators to play with. You should have listened to ontopofitall4u, who people think is the biggest dumbchit on this board, because he is one of the only poster that has pegged this stock exactly. You should wait for a bottom and let it level out before buying. There is no way of knowing what or when the bottom is in until after the bottom is in.
You are probably correct with that statement. The HYPE alone, just like the last FDA decision will run the price up to $1.90's or highjer. With sales taking time to happen, I can see the price coming back down again but how far back down would be a guess. I figured it would go back to $1.40 this time but next time, I don't think it will drop rgat low. There will be too much info coming in.
The more I read your posts, when you are not trying to jump down some bashers throat, are making more and more sense. I am glad that ontop has cooled off with his intense bashing and you seem to be accepting that very well. I am also on board at NAVB but do not post very much lately. I just don't see any sense of pumping or bashing a stock when everyone knows that the stock is being manipulated. Especially when the stock is not moving up or down but a few pennies. You have to agree that this stock has been manipulated.
I will continue to read some people posts, but it seems like you have a descent head on your shoulders. You can tell a lot about how often, and how people react on these boards, to figure out how intelligent they might be.
We could see 53 tomorrow and your low could be tested , probably not broken, tomorrow. That would leave 3 more days of pressure to test 50 cents. I don't see 50 cents falling this week, but after a small uptick, so day traders can make some profit, I see your 60 cents level being taken back down again if it even reaches that level next week.This is what they call a slow bleed and the day traders will be all over this. There is not a whole lot of volume but that is going to change. These A-holes will put pressure on the weak hands and when selling takes over, the downward pressure on price will pick up with a couple of 4-5 or maybe even higher down days. That way, they can run it back up 4-5 cents for profit just like they did when the price was going from 58-62 cents. Does not sound like much to you and me but day traders will work on that kind of money.
The chance of this price going back to 80 cents by Wednesday is ZERO!!!!!!!!!!!!!
I guess you will be staying home. You need to be more realistic.
I think you should be more worried about the price holding 55 cents today and maybe 50 cents by Wednesday.. If they have some excellent news at the Friday meeting, you can be sure the price will be run down before good news is released. Don';t expect anything to come out at the shareholder meeting except the same old news you have already heard.Lower prices are coming but you never know how low and how long it will take to get to the bottom.
The stock has been brought down and a whole new team of bashers enters into the message board. With all the bashers here, and everyone knows why they are here, it is time to buy anywhere from $1.35-$1.40. With the quarterly report coming in about 3 weeks, these bashers will completely control this board will unrealistic posts.
Sales are improving but will never be what bashers think is enough. This stock got their drug to market in 5 months and that is almost unheard of in this day and age. Sales are improving with every quarter but they will not reach levels that will push the price up over $2.50 to the $3.00 level over night. More important than the sales number will be the forward looking numbers with the FDA approval of H&N. In October, there will be another FDA decision that will be extremely important. Bashers will say it will get denied. That has no chance of happening just like H&N was a 100% guarantee to be approved. What is the question is how much of an expanded usage will be allowed?
Again sales will take time to improve. I expect by this time next year, sales on H&N and expanded usage (whatever that may be) will have improved enough to send the stock back up over $2.50 to $3.00. Europe approval, which could come as soon as November or any time after that because they are waiting to see what the US does with expanded usage of LS. Sales can do nothing but continue to go up.
Bashers continue to talk about the last 2-3 years. NAVB has never had a drug approved for sale until last year. Personally, I think sales have been outstanding considering they have only been in use since September and only for one usage. By February at the latest, LS will have US approval for expanded usage, Eurpean approval for expanded usage and sales will be improving all over the globe.
It is now time to buy and wait for the move that everyone knows is coming in late September and early October. Expect another early release for approval but there is no way of knowing how early.
They could check "your history" as pretending to be me using a "l" instead of an "it" as in ontopoflall4u instead of ontopofitall4u. You really are getting desperate!!
Do you really think anyone believes your stupidity?
It is my imposter with an" l" instead of "it". I guess I really got to you so bad you had to resort to lowering yourself and pretending to be me. That is pathetic and you should be embarrassed even while hiding behind your computer. Do you realize how low you have gone?
I hate to tell you this but you probably already know byb trying to find an ID similiar to mine that you are not my first "groupie" but thanks anyway.
I have my choice of spots for a 5 day 4 night stay all inclusive alcohol and food. I went to Cabo San Lucas last year. Maybe it was the time of year but the beach was not available. Waves were crashing up to the block wall in front of the hotel. We had to go out to the island to lay on the beach but there was no free alcohol or food out there. Thinking of trying the new town of Laredo. I figure if they are relatively new, they might have some extra perks to enjoy.
There are not enough posters on this board to worry about bashers. When the volume hits 25-50 million shares every day for 3 or 4 days in a row, this board will be getting a post every 5 minutes instead of 1 per hour, from bashers and pumpers that you have never heard of before. That is when you will know we have made it over the hump. If you think that 2 cents is a barrier that needs to be taken down, just wait for 2.5 cents and 3 cents is the biggest barrier until we reach 5 cents. We will not reach that level until the deal is finalized and actually signed on the bottom line.
It used to be every time they put out one of these conferences they were attending, the price would go up. Not anymore. I guess the downward movement is stronger than these PR's. I would love to see this drop more so I could load up but I have no idea of how low the price might go. I have learned my lesson more than once trying to catch a falling knife so I have learned that finding a bottom is almost impossible. I feel it is better to watch from the sidelines and wait for the price to turnaround and go back upwards before buying. I feel for those that bought at 85, 75, 65 trying to find a bottom, but now if the stock does hit the 200 day at 52 and starts to go back up to 56-, 57, 58, that would be my signal to buy. If the price keeps dropping at this slow pace, it might be 3-4 months before we hit a bottom and that could be 50 cents, 45, 40 cents no one knows. Almost always, it is better to wait to see the price turn around before buying. You may miss 10% from the bottom but you will not be trying to catch the bottom at 85, 75, 65, 55, or worst case scenario, whatever the low might be.
If the price does hit 40 and I wait for it to hit 45 before buying or 50 and wait for 55 or even 30 and wait for 35 to buy in, isn't it better than buying at 65, then again at 55, then again at 45, and again at 30 cents. I personally do not think it will hit below 30-35 cents again but that has been said many times before. I am just following my learned experience and waiting for a turnaround before buying. Just wondering where that turnaround will happen.
With about 15 million shares in the first 3 hours and only 1 million in the last 1 1/2 hours, I wonder if people are holding their shares now waiting for something else to happen or did that big buyer get all the shares they wanted?
Either way, it seems like we will need some more info before going to the next level. If we don't get that info pretty soon, I think we may drift lower. I would actually like that so I could buy more. I have shares from before at 18.7, but did not get as many shares as I wanted at 1.23-1.25 because of my own stupid greed. I needed to sell shares, of a different stock, to buy more EAPH and should have made a market order instead of a limit order. About $80 has cost me about $2500 in profit.
GREED is a terrible thing. I already have over 700,000 shares and I still want more. Now, instead of getting 500,000 more at 1.25-1.3, I will only get about 325,000 unless the price drops. I will wait until next week to see what happens.