They did a stock swap to reduce number of shares on the Israeli exchange. Not dilution. The raised money awhile ago, and have operating cash for 3 more years. They won't need to raise more cash until well after we get some positive indications and by then the price will be flying high, very high.
Look at the hedge fund orders. Look at the pipeline, some really exciting stuff. Particularly the AML solution.
Yeah...let's see...you gonna apologize on Monday when you are wrong? Or just cry in the quiet that your short didn't work and you lose a thousand bucks?
Fully agree, we will have good news before end of 2015 solidifying a much higher base than where we are now, and then from there 20+ is a good chance.
The smartest thing you did was to hold the stock. The dumbest thing is you will sell at 3/share instead of realizing huge profits after that. And that's on you my friend.
I have seen is BLRX biolinerx. I have basis at 1.80 and stock is at 2.55 now. I highly recommend you taking a look. They have cash for 3 years of 57m and mkt cap is 130m. There has been a lot of activity with hedge funds taking large positions. Due your own diligence, but the opportunity looks very good.
The hedge funds that know what they have here will start getting really aggressive soon. Only so many shares to buy at these price levels. They know that this is a bargain and have been buying as much as they can without causing a major breakout.
The CFO and CEO need to make sure they are very transparent on pipeline events because Fair Disclosure laws requiire that all investors have the same information.
Mark my words, things are going to start to move fast from this point on. Go Blrx, Go Blrx. Go Blrx.
Oh boy...I hope you have shorted a lot of shares....you are going to get fried for doing it. When you have to cover at 10 you are going to sob.
those in the know to say that just investing with the rest of the herd. Those that know this stock know the stem cell AML developments are really, really good.
There will be strong growth to finish the day and further push up next week. Congratulations to all longs that have been here under 2.00 and the new longs getting in at these levels. We will see 20 by Q4.
Dude, the volume was tiny on Friday on Blph.....are you serious? Or just a little stupid. Albert Friedberg is the wizard hedge fund owner that knows what he's doing by being in Blrx. Read about his holdings in Blrx and learn. This guy is a genius and will make 100+ million on this investment.
I will sell 1/3 at 10/share and 1/3 at 20/share. And hold the rest for 5 years. Unless of course the buyout accelerates everything....
Well he has a gold mine here if this thing finally makes a run up. 5 million plus shares...if it finally runs....it will make him a lot richer. Here's hoping he and we get richer as well.
You guys have guts and big congratulations to all of you.
Sorry, his name is Albert Friedberg, Adam. I was just reading about his hedge fund performance. This guy is no dummy. He has shown great returns, one of best hedge fund mangers/founders. I like that he is in Blrx, just like the rest of us. Go Blrx.
Happy Father's Day! May bioline have a huge week for all of you, and allow you to buy whatever you want instead of a pair of socks for dads day :-)
Yeah, yea, but someone sold those shares.
If that is your answer....Wake up...lift off is coming and enjoy the ride up.
Curious about him and his financial group, Pan Atlantic Bank, and the FCMI Financial corporation which holds a large chunk of BLRX. Does he have a board seat?
Is his hedge fund shorting the stock or investing in the growth opportunities in BLRX's pipeline?
Not me. I am continuing to buy. Way too many pipeline items to have successes over the next 3 years. They don't need to raise money, no dilution issues in the future. They just need to execute and get some good news. Between the cardiac remodling, the skin lesion freezing applicator, the AML cancer treatment, diabetes, etc. this is going to take off to the moon within the next 12 months.
Prove the market wrong? Prove the market wrong? They will take a dump on top of the market's head. And then that will show the market how wrong it was, my friend.
Maybe you are right, and of course the market dictates the value---you are what the market says. But the market has been plenty wrong in the past. It is a matter of time before it realizes that.
And yeah management needs to sell the value of the pipeline and be a bit more aggressive. I don't disagree that they need to do a better job with that.