Organovo Holdings, Inc. (ONVO)

[LORTAP KCOTS]

Pretty much an easy play if ARKK keeps up the same patterns.

[Planopenny]

you are funny...glad you are making $$

[LORTAP KCOTS]

You should be happy, everyone will have a chance to sell at a great price as that’s why anyone invests in the first place.
I’ll take my 2x profits around $19, and that’s my best advice.

[Planopenny]

Ok...weeeee

[LORTAP KCOTS]

Ok, I’ve been saying they will run it up with a promotion and it will spike in volume.
I get the sense you are just sour since the writing was actually there, and I was right about it.

[Planopenny]

You didn’t know anything...just a simple reread of your posts. Be honest with yourself.

[LORTAP KCOTS]

I new this was gonna happen super predictable from ARKK.
Watch for it to run another 100% from here if not more.

[eom7]

Been following the Co. forever, lost interest with RM & RS. Looks like it’s time to start paying attention again. Thanks for posting this article. I love a comeback story.

[Planopenny]

Weee

[LORTAP KCOTS]

Well the volume came in today, watch for a promotion to start Monday, if not sooner.

[RandolRocketman]

On November 23, 2020, Organovo Holdings, Inc. (the “Company”) entered into two Lease Agreements (the “Lease Agreements”), by and between Company and San Diego Inspire 1, LLC, pursuant to which the Company will temporarily lease approximately 3,212 square feet of office space (the “Temporary Lease”) located at 11585 Sorrento Valley Road, Suite 106, San Diego, California 92121 (the “Temporary Premises”), and will permanently lease approximately 8,051 square feet of office space (the “Permanent Lease”) at 11555 Sorrento Valley Road, Suite 100, San Diego, California 92121 (the “Permanent Premises”) once the tenant improvements for the Permanent Premises have been completed and it is ready for occupancy.

[Porterhouse10]

Another red day, how many now? Glad got out of this junk.

[LORTAP KCOTS]

On a huge up day, this turd sinks..

[Porterhouse10]

In the meantime the chart is a disaster, should see it plummet to $6.15 range, if it has anything left in the tank it will hold there.jmo

[LORTAP KCOTS]

Yeah hope he can pull a Steve Jobs come back

[phytokaiser1]

In the past few months ONVO has changed their business plan and management structure entirely.

They are now a drug company first, that leverges their 3D bioprinting IP for internal and external drug development.

Keith is back at the helm....

Edit: Keith said it was mismanaged after he left.

[Porterhouse10]

They gotta be thinking what a complete POS, this is gonna tank hard jmo

[LORTAP KCOTS]

I wonder how ARKK is playing it?

[Porterhouse10]

Anyone remember when this POS had a green day? Lol, complete Junk. No support, will revisit around 2-3 bucks maybe

[phytokaiser1]

Updated the introduction from the last 10Q. Nov 5, 2020

[LORTAP KCOTS]

That article is from September 24th, so I’m sure that’s probably why ARKK started getting into ONVO??

[phytokaiser1]

Anyone have any new news articles on the company?

[phytokaiser1]

ONVO Shakeup!

https://3dprint.com/273310/organovos-keith-murphy-back-as-executive-chairman/

[phytokaiser1]

It definitely could be!,

But I dont know what their concrete business plan is anymore now that Keith is back..

[akamaii]

This crap crisper material ?

[Porterhouse10]

Yeah that's cool, it's just a pile of $hit for now. On to the next

[LORTAP KCOTS]

I’m not in until that volume spike comes around

[Porterhouse10]

Yep agree, since $8 broke down, not even sure where support is, it shot up like a cannon from .92c, might be some support around $6'ish, headed that way it seems slowly but surely, got out at $7.99 minor loss, if you're in GL or start a position GL as well.

[LORTAP KCOTS]

I think the company stock has always been on a slow downtrend.

[Porterhouse10]

Chart looks like toast, broke 8's, was holding up, maybe Cathy Woods can buy some more of this junk

[LORTAP KCOTS]

Woods owns it in 3 ETFs now..
So I’m sure they will push it soon.
I’m waiting still to get in though as I’m wanting to see the volume spike first.

[Porterhouse10]

Turning north after some churning, hope she's ready, be nice to see more insider buys or more buying by Woods

[Porterhouse10]

Loaded all last week another 191 shares in the low 8's, sure hope so, and bought 15 more at $8.02 today

[LORTAP KCOTS]

This ones not ready yet..
Maybe soon??

[Porterhouse10]

Just like I bought NN/DM between $5.79 and $6.05 was my cutoff, now $6.70 AH Dohhh!

[Porterhouse10]

I bought between 8.08 and 8.22 to add to my position, no worries

[LORTAP KCOTS]

This stock is going down hard, where is the ARKK lemmings?
I would assume at some point they will start a promotion on this and then the volume will explode.

[LORTAP KCOTS]

ARKK bought a position in ONVO.
It’s listed as their 49th current and smallest holding of the ETF as of 11/25/2020
So that’s why you got the action in volume.
Might be a wild ride here soon.

[Porterhouse10]

Caught the $8.81's woop, now hold!

[phytokaiser1]

Hey Ig!,

Long time.

This is the most recent relevant info I have found.

https://3dprint.com/273310/organovos-keith-murphy-back-as-executive-chairman/

[Porterhouse10]

If it goes back to $9.45-9.50 range I'll be adding jmo

[Porterhouse10]

Not sure myself, but the 8's got yesterday look good, just liked the chart

[ignatiusrielly35]

What the hell is going on? I can’t find any news.

[Porterhouse10]

Double Boom!

[Porterhouse10]

Boom!

[Porterhouse10]

Boom, I need a new liver $ ONVO to the rescue!

[Porterhouse10]

Whoop bought in at $7.13 last week, gonna be YUUUUGE, JMO

[BuckeyeStocks]

Seeking Alpha post: Organovo to reverse split shares 1:20
Aug. 17, 2020 8:57 AM ETOrganovo Holdings, Inc. (ONVO)By: Mamta Mayani, SA News Editor
Aimed at regaining Nasdaq compliance of minimum bid price requirement for continued listing, Organovo Holdings (NASDAQ:ONVO) will execute a 1-for-20 reverse split of its common stock at 5:00 pm ET on August 18.
Split-adjusted trading will commence at the open on August 19.
The reverse stock split will reduce the number of outstanding shares from ~130.6M pre-split to ~6.5M post-stock split.
Shares are down 6% premarket.

[BuckeyeStocks]

Yikes! I’m glad I’m out of this one. Will watch for opportunity to jump in for a dead cat bounce. This was a good ticker back when they uplisted to the NASDAQ.

[Jama87]

https://www.globenewswire.com/news-release/2020/08/17/2079210/0/en/Organovo-Announces-One-for-Twenty-Reverse-Stock-Split.html