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LMAO. Think of it as a lottery ticket. Your most likely going to lose your money, but you might not.
Is it stabilized now? Almost.... Imma buy 20 bucks worth just for my radar.
At least the executives get nice bonuses, with the recent layoff of ~120 employees
BNGO will.be extremely valuble when the new pandemic pathogen shows up at our borders.....the whole world needs this technology...they just don't realize it ....yet
Today it's @ $ 1.18. I think it is time for another Reverse Split, that will attract new investors. It didn't work the last time, but why not? My logic is if they keep reverse-splitting, I will be able to buy 1 million shares for 10 bucks at some point. $0.0001
Reverse Stock Split
The downside of a reverse stock split is that it can be perceived as a negative signal by investors. It made me put a hold on any further buys. A reverse split can also lead to a decrease in liquidity and trading volume, which makes it more difficult for investors to buy and sell shares.
Why is this still diving? We have shown profitability and cost cutting?
https://finance.yahoo.com/news/bionano-genomics-inc-bngo-reports-231922361.html
1.20 new low. Divergence starting to tighten up a bit more. Needs the volume and find a solid bottom. Getting closer imo.
I was just looking at this. Since it looks to be getting the crap kicked out of it. $1.30's, $80M offering (WOW!) and to see what else is happening. Benn a while since I was in this one.
Looks like it's starting to set up. Ned to see bottom confirmation.
I misspoke, it isn't to save the day, it is saving our butts.
ALERT * Institutional Investors * ALERT
BNGO Management did a Reverse-Split to attract you as an investor and now the Stock is down to $ 1.62.
I think it is high time you guys came in and saved the day for us long-term investors. THANK YOU!
Reverse Split to Attraction Institutional Investors
Well! That was one idea that never made any logical sense to me. In my opinion, if you are selling
sand in the desert and your company stock is in the pennies a reverse split is not going to open the floodgates
to new investors. I think the ploy was ill-conceived and management better rethink the way they deal with their
investors. Currently, $1.75 and falling.
According to a press release by GlobeNewswire, the Portnoy Law Firm has initiated an investigation into whether BNGO issued false and misleading statements to investors.
Why did BNGO get rid of their CFO and find another CFO?
Transparency and honesty will keep current shareholders’ trust and attract new shareholders. Take a lesson from President Biden’s press secretary and her statements that “the Border is secure”.
When people have trust issues with an entity they jump ship.
Nice bounce past couple days. A coulda woulda.
The 1 for 10 split promised to energize potential investors and institutions once they saw the high dollar stock price. Nope! It seems the reverse split had a reverse effect on investors and is again falling like a lead balloon.
Work on building a better mousetrap and investors/institutions will come in droves.
No! No! No, I averaged too, again and again and again. I am SICK.
$BNGO did reverse split. I like HPCO more breaking out today
$BNGO is a Trending Stock in the Pre Market Session!
Bionano Genomics (NASDAQ: BNGO) Executes 1-for-10 Reverse Stock Split - https://lussosnews.com/bionano-genomics-nasdaq-bngo-executes-1-for-10-reverse-stock-split/
I do understand your concern. I do.
However, it appears short term is of greater concern.
BNGO is definitely a high risk high reward at this beginner stage. It is not/not for the weak of heart. But, it is not praying for an Ace on the turn either.
Think after The Approval, will be acquired.
Bonne Chance.
cl
I am tempted to but I have lost my confidence in the company for the long haul
I averaged down in a big way.
Was I the only one?
cl.
Imo. Anybody who wants in, better be in by 3pm today. Tomorrow could get crazy
At this rate I can agree with you
Starting to tighten up nicely now
I would not be surprised to see this at $1.10 to $1.25 by Wednesday
Just push through the double top folks
Looking good today. A little profit taking from the beer more folks, and then we go $$
JL, are you buying more BNGO at these prices, or have you changed your opinion of it?
Interesting technical side setting up. 1.13.
I’m right on your heels. Wash, Rinse, Repeat.
weeeeeeeeee
Waiting for 6.66 in order to break even - it took a little more than half a year of expectations. How much longer to wait?
$BNGO Love the breakout yesterday..looks like residence cleared and could see a nice move here..
https://stockcharts.com/c-sc/sc?s=BNGO&p=D&b=5&g=0&i=0&r=1668258773444
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