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Posts | 2049 |
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Alias Born | 12/03/2013 |
Friday, October 02, 2015 6:01:04 AM
We might as well spare the infrequent posters the suspense. This mysterious person they speak of is yours truly. But let's be clear, no one is bitter. This isn't an attempt at "revenge" as some of the drama queens on here are making it out to be. It's as simple as being a very smart investment to be short ONCS right now.
So...myself recommending ONCS as a GREAT short to the masses with a $1 price target is different from longs pumping $20 price targets daily how exactly? Oh that's right, it's not. Nope, nothing illegal about shorting, nothing illegal about having a negative opinion of the company, and nothing illegal about HIGHLY RECOMMENDING the play to hundreds and hundreds of people, just as you folks do on the long side.
I have a large group of investors that share ideas and the current consensus #1 pick is to be short ONCS. Companies with miserable management, archaic technology that big pharma refuses to validate, low cash, and no catalysts for over a year make for an easy short profit, especially in this environment. In my opinion, the market cap for a company like ONCS should be no higher than cash less a one year burn rate. That's about where we'll see this in the very near future. All pops from here will be shorted into heavily. Good luck longs!
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