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Still not sure if I should take a 6grand loss here. Or just wait for it to go to 0 lmao.
My thoughts exactly...
It may get a small pop after Nasdaq listing is cleared but long run it'll likely continue down as they dilute
What do you guys think? Been bag holding.
News last week was weak plus more dilution
Anybody see why this is opening lower? currently 4.07s. may hop in if i see some price, but not seeing news
* * $SLS Video Chart 11-11-19 * *
Link to Video - click here to watch the technical chart video
Could you try this again? I'm unable to understand what your written.
Thank you.
Have ever did see it any stock coming near the average target price?
* * $SLS Video Chart 11-08-19 * *
Link to Video - click here to watch the technical chart video
I was thinking more like a parasitic worm in an eyeball.
Last day of games before the RS. They may try to draw in a few today before trapping them in the lead up to the RS. Trade cautiously
LoL Mr “don’t blame the shorts” is at it again
$SLS is nothing close to gold. It's more like striking a brain eating amoeba
* * $SLS Video Chart 11-06-2019 * *
Link to Video - click here to watch the technical chart video
Anything is possible but I'd be very careful here. Don't forget about the ATM offering. They will likely start diluting right after the RS.
...and your take on Sabby Management, and its illustrious leader Hal Mintz? Every new (ad)venture they undertake turns into an "Apocalypse Now" moment.
Cheers!!! and GLTY!!!
Investors are sometimes quick to judge reverse splits negatively. It's important to understand that the value of the share itself doesn't lose value in any way other than to be "represented" differently. This type of split is designed to keep the company's stock in compliance with exchange qualifiers.
Also important is recognizing that these splits are designed to enable the stock to continue trading on a broadly based platform rather than the OTC garbage pile.
Lastly, a company regularly listed on a prominent exchange as is this one won't go through the hassle and expense of associated filings and approvals to say nothing of filing expenses were it not deemed the smart path to take at this point in time.
This is not a flunky, two-bit OTC pinkie. It's a real company engaged in extremely important research and development within its chosen sector. I'm a shareholder, for better or worse, and I'm not selling out of mass fear coming from the herd.
Thanks for the warning yesterday!
ok..I see it now. I'm out of this pig..peace!
Wow I hope that Claytrader chart is working for you guys now
Whatever happened yesterday was straight criminal
At the Company’s Special Meeting of Stockholders held on September 10, 2019, SELLAS’ stockholders approved a reverse stock split within a range of 1-for 20 and 1-for-60. The specific ratio of 1-for-50 was approved by the Company’s Board of Directors.
https://www.otcdynamics.com/sls-sellas-announces-reverse-stock-split/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter#.XcLc-CWIaaM
SELLAS Announces Reverse Stock Split
GlobeNewswire•November 6, 2019
- Shares of Common Stock Will Begin Trading on Split-Adjusted Basis on November 8, 2019 -
NEW YORK, Nov. 06, 2019 (GLOBE NEWSWIRE) -- SELLAS Life Sciences Group, Inc. (SLS) (“SELLAS” or the “Company”), a clinical-stage biopharmaceutical company focused on the development of novel cancer immunotherapies for a broad range of cancer indications, today announced that it filed a certificate of amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a 1-for-50 reverse stock split of its common stock. The shares underlying the Company’s outstanding options and warrants will also be adjusted accordingly. The reverse split will take effect at 5:00 pm Eastern Time on November 7, 2019 and the Company’s common stock will open for trading on The Nasdaq Capital Market on November 8, 2019 on a post-split basis.
At the Company’s Special Meeting of Stockholders held on September 10, 2019, SELLAS’ stockholders approved a reverse stock split within a range of 1-for 20 and 1-for-60. The specific ratio of 1-for-50 was approved by the Company’s Board of Directors.
The reverse stock split is intended to increase the per share trading price of the Company’s common stock to satisfy the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. As a result of the reverse stock split, every 50 shares of the Company’s common stock issued and outstanding prior to the opening of trading on November 8, 2019 will be consolidated into one issued and outstanding share, with no change in the nominal par value per share of $0.0001. No fractional shares are being issued in connection with the reverse stock split. Stockholders who would otherwise be entitled to receive a fractional share in connection with the reverse stock split will receive a cash payment in lieu thereof.
Trading of the Company’s common stock on The Nasdaq Capital Market will continue, on a split-adjusted basis, with the opening of the markets on Friday, November 8, 2019, under the existing ticker symbol “SLS” but with a new CUSIP number 81642T 209. The reverse stock split reduces the number of shares of the Company’s common stock outstanding from approximately 228 million pre-reverse split shares to approximately 4.6 million post-reverse split shares.
The Company has retained its transfer agent, Computershare Trust Company, N.A. (“Computershare”), to act as its exchange agent for the reverse split. Computershare will provide stockholders and warrant holders of record as of the effective date of the reverse stock split instructions for the exchange of their certificates and/or warrants. Stockholders owning shares and/or warrants via a broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to brokers’ particular processes, and will not be required to take any action in connection with the reverse stock split.
More information regarding the reverse stock split can be found in the proxy statement filed by the Company with the Securities and Exchange Commission on Schedule 14A on August 5, 2019.
where?? you got a link to that?
RS announced. Going to 05
this is all shorting
i just hope it is not a bunch of shorts borrowing shares. it happened on *tcel (now *cbtc) went to .0035 in premarket then closed around .0014. lots of dirty tricks abound. i am long here. glta!!!
Pre-market action looking good so far.
is a Merk b/o a possibility here?
https://www.sec.gov/Archives/edgar/data/1390478/000110465919057956/tm1921505d1_8k.htm
Maxim group involved.... hmmm
Looks like Clay is going to be working overtime to spook folks. 2 posts yesterday. Let's see how many today
* * $SLS Video Chart 11-05-2019 * *
Link to Video - click here to watch the technical chart video
$SLS 87 Mil in Volume and 500K Bids flashing. Holy smokes something Huge is happening here! GLTA
$SLS We have struck Gold here!
Check my post history again you missed a lot
You Showed up today and your already done lol
This NEWS of curing early stage cancer and the TOP LINE data will bring this to the highest ground..
Holy Fak.....did we struck gold here?
Pump and dump on no news or filings
Show caution or get caught holding the bag
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