Well, nobody thought about news like this.
Now the logical question is, the news is good or bad?
Good thing is that doom we will find out
Couple of weeks ago, How many of you see low$0.4 and high $0.3 ?
Wantvto know the reason behind the prediction ?
You are right about the importance of the 'P" word.
Like I said before partnership will bring the much needed cash, without it, the only source is DILUTION.
Tick tick tick
The reality is all clinical triad cost money, a lot of them but bring zero $. as I said before, company keeps moving forward, one way is dilution which will hurt current stock holder, another way is partnership, unfortunately it wouldn't happen in the near future for obviously two reasons;
1. Big Pharm like to take less risk which means more convince late stage clinical trial data.
2. ONCS to small, , when it running out cash, they can make better deal.
Don't keep think that the the potential should worth xxxxx, that could means nothing. This is wall street, take. look at ECIG which was $20 stock and nothing changed with business, with 40-50% growth, this year revenue estimate about $200 million, that is right, hundred millions, now traded at $0.04 with market Cap around 4-5 million. Never say never.
Not bad Avi, now you hav one more stock to talk about. Did I miss your " thank you wallstreetbuyer"? LOL
BTW, since yall your energy spend on talking, cant tell us when was last Time you bought a stock. let me remind you the meaning of " trading ", did you forget to mention ECIG not only down to $0.07, it also up to $0.09 couple of times? that means 15-20% potential profits every day. If you know how to TRADE.
Finally, yesterday, company news to spend million dollars on ad. That is the company you talked about chapter 11?
Next time, if you want to talk about the stock, first show us one example of your trade, only one.
Maybe this will let you feel little better;
40-50% revenue growth, this year (2015) revenue estimate to be $200 million, top if not number 1 in the business, just because of debt issue (withdrew $20 IPO), stock down from high $20 to $0.05. close price $0.087.
Could greatest disappoint become greatest surprise?
Wait for the Last bush. Volume 20 Million, highest is 30 million.
Go to swim , leave buy order at $0.074. Let the histor repeat itself one more time.
Today is the day. Two ways to play it. Either wait back up to $0.11 for safe play ( could move very fast) or build start position around $0.80s which is strong support. Bottom soon. IMO
Yesterday 8K shows conversion price $0.14. Someone with deep pocket like it. Now 30-40% discount, not mention possible home run back to $ dollar land