Organovo Holdings, Inc. (ONVO)

[onimbu]

Falls Like a Stone i think no...

[LORTAP KCOTS]

Wood still own this?

[stuinvest]

Why??

[starbuxsux]

$ONVO - $7.30
up 20%

[RandolRocketman]

https://3dprintingindustry.com/news/cellink-brands-organovos-3d-bioprinting-patent-lawsuit-invalid-194179/

[cabir]

Some one buy AH for 300K $... whay? Do he know somesings....?

[LORTAP KCOTS]

Sounds like you made some money

[Planopenny]

Finally

[Planopenny]

Got some $8s. Already have a set point for $9.50.

[Planopenny]

Everything taking a shit except this badboy!

[Planopenny]

Will this ever stop? I cashed out pacb at $50...killed it, will cash this one out at $30

[Planopenny]

Slow claps!!

[Planopenny]

Making us money!!

[LORTAP KCOTS]

Cathie woods doing what they do best.

[Planopenny]

So thin

[phytokaiser1]

Am I reading this correctly?

Institutional ownership went from 2 to 50%

https://whalewisdom.com/stock/onvo?selected_quarter=79

[Planopenny]

Thanks Kathy

[Planopenny]

Yep

[MWM]

Small rotation in Ark etf's are not that big of a deal. They sell on up days and buy on down days...

[Porterhouse10]

Sold 39, 991 shares yesterday, sure Ark has way more, first time I've seen them sell however.

[Porterhouse10]

Saw Cathy Woods sold ONVO yesterday

[MWM]

$ONVO An Open Letter to Organovo Shareholders: Organovo Founder Sees Continued Success in Bioprinting

Keith Murphy, founder, former CEO and Chairman Emeritus of Organovo, says bioprinting and similar technologies are going strong and still growing
Companies in the space are finding support from institutional capital sources, and those with tools and service business models are achieving 40%+ per year revenue growth
Viscient Biosciences, Mr. Murphy’s current company, has already crossed a major milestone in the application of bioprinting to NASH drug discovery
Viscient incorporates into bioprinting additional cutting edge techniques, including single cell sequencing and bioinformatics tools
Major investment funds have expressed support for Viscient’s approach
January 07, 2020 08:00 AM Eastern Standard Time

https://www.businesswire.com/news/home/20200107005367/en/Open-Letter-Organovo-Shareholders-Organovo-Founder-Sees

[Planopenny]

Boing... slow claps

[MWM]

Adding some here...

[phytokaiser1]

News! From 12-31-2020 8K

Item 1.01 Entry into a Material Definitive Agreement.

On December 28, 2020, Organovo Holdings, Inc. (the “Company”) entered into an Intercompany Agreement (the “Agreement”), by and among the Company, Organovo, Inc., a wholly owned-subsidiary of the Company (together with the Company, “Organovo”), and Viscient Biosciences, Inc. (“Viscient”). Viscient is a related party of Organovo. Keith Murphy, the Company’s Executive Chairman and Principal Executive Officer, serves as the Chief Executive Officer and President of Viscient. In addition, Dr. Jeffrey Miner, the Company’s Chief Scientific Officer, is the Chief Scientific Officer of Viscient, and Thomas Jurgensen, the Company’s General Counsel, serves as outside legal counsel to Viscient. The Agreement was approved by the Audit Committee of the Company’s Board of Directors, which is comprised solely of “independent” directors under the rules promulgated by The Nasdaq Stock Market LLC.

Pursuant to the Agreement, Organovo agreed to provide Viscient certain services related to 3D bioprinting technology which includes, but is not limited to, histology services, cell isolation, and proliferation of cells and Viscient agreed to provide Organovo certain services related to 3D bioprinting technology, including bioprinter training, bioprinting services, and qPCR assays, in each case on payment terms specified in the Agreement and as may be further determined by the parties. In addition, Organovo and Viscient agreed to share certain facilities and equipment and, subject to further agreement, to make certain of their employees available for specified projects for the other party at prices to be determined in good faith by the parties.

Under the Agreement, each party will retain its own prior intellectual property. The Agreement contains customary indemnification and limitation of liability provisions and is terminable by either party upon 60 days’ written notice to the other party, subject to earlier termination in the event of the other party’s breach.

The foregoing description of the Agreement does not purport to be a complete description and is qualified in its entirety by reference to the full text of the Agreement, which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

[akamaii]

They say mass will move more Im thinking 100

[LORTAP KCOTS]

Anyone know the next ARKK tech stock that is on their radar? I’ll probably dig into their trades and see what looks like their next ride to get on.
-peace

[LORTAP KCOTS]

I definitely nailed this one. As long as ARKK is able to conduct and control this kind of investments, we will have a free money flow.

[LORTAP KCOTS]

I’m neither of those, I just doubled my money in a week. The person asked about why this is moving. I gave them the only explanation there is.
Re-examine you path to this conclusion.
Happy Holidays.

[Planopenny]

Honestly you sound like some of the guys I know when they miss out on a big play and they get all hurt about it and start blaming everyone about how bad this and that is. I’m complaining about you and your complaining about the market

[LORTAP KCOTS]

I don’t think I’m complaining, you are however.

[Planopenny]

Quit complaining about everything, if you don’t like it don’t do it. She has made me a shit load of money.

[pupuguru]

Thanks. Makes sense. Noticed same thing in nndm and also riding that one. ARK has been scarfing up onvo for a long time. Always wondered why they hung on and rode it all the way down when everyone else jumped ship (including me). Just seems to be something more behind this jump. Could be wrong...often am. Murphy going to make amends or does the tiger not change his stripes?? Might hold a portion through January just the same. Best of trades to you and a nice call by you on this one.

[LORTAP KCOTS]

Yes IMHO, Cathie Woods is behind this move by putting it in their ARKK ETF’s. Basically If she buys a stock, the millennial crowd swoops in and runs it up with her. I’m starting to think that she may get investigated by the SEC for grand scale stock manipulation. Using the ETF’s as a vehicle for it.

[pupuguru]

OK...I'm stumped as to the "why" of it but not complaining. Just hanging on for the ride at this point. Anyone have a clue why ONVO is winning the popularity contest??

[LORTAP KCOTS]

Well that was easy money!!

[LORTAP KCOTS]

I’d say it will get to $21 then cool off.

[Planopenny]

Ride it while you can baby!!

[phytokaiser1]

Can anyone find any news on this stock?

[LORTAP KCOTS]

So crazy, rightttt!!

[LORTAP KCOTS]

Now all we have to worry about is direct offerings and or just the ARKK people selling off their shares to get out of this.
Maybe they are all on vacation this week.

[LORTAP KCOTS]

Awesome!! Getting closer most likely will get there today or tomorrow!!
Thanks ARKK!!

[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.