Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
None of them as I can tell. Wow, SNNAQ (CH7-NON-CLEAN shell with 22,892,413 shares OS) had over $1.6M market value at 52-week-high $0.07 v.s. its "Q" peer ORMTQ (CH11-CLEAN shell with 18,662,272 shares Much-Smaller OS) only had $0.37M market value at 52-week-high $0.02!
Buying SNNAQ at most recent high $0.07 = buying ORMTQ at $0.0859 which is 5.824 Times of current price $0.01475!
Buying SNNAQ at most recent low $0.016 = buying ORMTQ at $0.0197 vs at $0.01475 now!
Buying ORMTQ at 52-week-high $0.02 = buying SNNAQ at $0.0163 vs at $0.025 now!
Buying ORMTQ at most recent low $0.0095 = buying SNNAQ at $0.0077 vs at $0.025 now!
Buying SNNAQ at last-Friday's high $0.03125 = buying ORMTQ at $0.0384 vs at $0.01475 now!
Buying SNNAQ at last-Friday's low $0.025 = buying ORMTQ at $0.0307 vs at $0.01475 now!
A CLEAN shell has Much Much Higher valuation than an NON-CLEAN shell! A CH11 shell has Much Higher valuation than a CH7 shell!
Therefore SNNAQ is Much Much More Expensive than ORMTQ now!
The company had already filed the CH7 bankruptcy and it is an Non-Clean shell now! But SNNAQ was
trading at ridiculous high Market Value (MV) --- $1.082M at $0.035 v.s. its CH7-Non-Clean shell peer (LIQDQ) is trading at joke low $109K MV now (at $0.0018) while its CH11-Clean shell peer (OEDVQ) has ridiculous low $69K MV currently (at $0.0012)!
At current price $0.014 SNNAQ still has joke high $433K MV which is still much much much higher than the MV of both LIQDQ and OEDVQ! So SNNAQ is Super Overvalued now!
SNAAQ is also Extremely Overbought --- from $0.01 to $0.035 after the CH7! To match the Same MV with LIQDQ and OEDVQ at the Bottom $0.0001, SNNAQ will crash to $0.00019!
Anyway even at its Bottom $0.01 the MV of SNNAQ is still very high --- $309K v.s. the MV of LIQDQ at $0.0001 is mere $6K and the MV of OEDVQ at $0.0001 is mere 5.8K!
Buying SNNAQ at $0.01 ~ $0.035 equals to buying LIQDQ at $0.0051 ~ $0.0178!
Buying SNNAQ at $0.01 ~ $0.035 equals to buying OEDVQ at $0.0053 ~ $0.0186!
why would insiders buy> 02/22/2019 ARCH VENTURE PARTNERS X, LLC
Beneficial Owner (10%) Indirect Buy 2.50 2,165,800
02/22/2019 ARCH VENTURE PARTNERS VIII, LLC
Beneficial Owner (10%) Indirect Buy 2.50 2,165,800
02/22/2019 BUROW KRISTINA
Director Indirect Buy 2.50 2,165,800
02/22/2019 MORE ROBERT J
Director Direct Buy 2.50 100,000
02/22/2019 LEONARD KEITH R
Director Direct Buy 2.50 100,000
02/22/2019 BEDDINGFIELD III FREDERICK
Officer Direct Buy 2.50 40,000
LOL, the much worse CH7 Bio-Tech stock SNNAQ is trading at ridiculous high $1.21M MV now v.s. its much better CH11 Bio-Tech peer RGDXQ is trading at Mere $0.08M MV now! Which means SNNAQ is 15 Times more expensive than RGDXQ, not to mention a CH7 stock has much lower valuation than a CH11 peer!
To be fair, the CH7 SNNAQ should be traded at 0.0001 ~ 0.0016 now!
Answer: because they already do, There will be some buying before this thing is dead, So you can make a nice scalp trade
Yes, SNNAQ filed the CH7 Bankruptcy! SNNAQ (Non-Clean Shell) crashed to $0.031 today! It still has ridiculous high market value --- $961K at $0.031 v.s. its CH7 peer (RCPIQ: Non-Clean Shell) is trading at joke low $136K market value now (at $0.0008) while its CH11 peer (RGDXQ: Clean Shell) has ridiculous low $120K market value currently (at $0.0031)! To match the Same market value with its "Q" peers, SNNAQ will crash to $0.0001 ~ $0.0016.
Anyway even SNNAQ crashes to $0.0050 its $155K MV is still much higher than the MV of both RGDXQ and RCPIQ!
Lol...just watch
Didn't this go to Chapter 7 to be liquidated? Why would anybody buy the stock at all? A bid above zero is a gift.
This CH7-"Q" stock SNNAQ (Non-Clean Shell) crashed to $0.05 today! It still has ridiculous high market value --- $1.55M at $0.05 v.s. its CH7 peer (RCPIQ: Non-Clean Shell) is trading at joke low $0.136M market value now (at $0.0008) while its CH11 peer (RGDXQ: Clean Shell) has ridiculous low $0.116M market value currently (at $0.0030)! To match the Same market value with its peers, SNNAQ will crash to $0.0001 ~ $0.0016.
Even SNNAQ crashes to $0.03 this CH7-"Q" stock still has ridiculous high market value --- $928K v.s. its CH7 peer (RCPIQ: Non-Clean Shell) is trading at joke low $119K market value now while its CH11 peer (RGDXQ: Clean Shell) has ridiculous low $97K market value currently! To be fair, SNNAQ should crash to $0.0001 ~ $0.0016.
.03's...It amazes me why traders hold before an BK delist. Gotta be Big $ wanting their $ before the Avalanche.
Not following, especially since the Q was just added. Should drop like a rock now. Blood bath cometh!!!!!
Wondering if the SEC will flag the trading for the past several days!! Already have had msgs from traders that filed with the SEC.
Have my popcorn ready just to watch the mayhem.... GL
SNNA changed to SNNAQ, bankruptcy. Delisted from the Nasdaq to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
* * $SNNA Video Chart 12-16-2019 * *
Link to Video - click here to watch the technical chart video
Why people are such stupid to buy a CH7 stock at such ridiculous high MV while the majority of its CH7 peers (such as RCPIQ and TXCCQ etc.) are trading at fractional MV now?
Don't have to tell me...lol. I'm out for good no matter what happens. Too risky!
Attention all the potential buyers here: Why a CH7-Bankrupt stock (SNNA) could be traded at such ridiculous high Market Value --- $13.57M (at its most recent high $0.439) ~ $1.98M (at New Bottom $0.064) v.s. its bankrupt peers are trading at ridiculous low $0.13M Market Value (RGDXQ: CH11-Bio-Tech) ~ $0.15M Market Value (RCPIQ: CH7-Bio-Tech) currently? What is the reason for such ridiculous High Market Value difference between the Same sector (Bio-Tech) of different Bankrupt peers?
Even SNNA crashes to $0.01 its Market Value is still ridiculous high ($310K) comparing to its majority bankrupt peers at their Bottoms --- RGDXQ has mere $3.8K Market Value at $0.0001 and RCPIQ has $51K Market Value at $0.0003! Therefore the fair Bottom price for SNNA should be $0.0001 ~ $0.0016.
* * $SNNA Video Chart 12-13-2019 * *
Link to Video - click here to watch the technical chart video
Bulls forcing Bears to cover, or Bears turned Bull after covering low and ran it up. I think the latter...JMO
Breakdown could be well above .20 when all said and done
can someone explain why this stock goes up on news of liquidating and going out of business?
It does look like shorts are trying to hold it down by raising the ask really high. Strange situation
Worth more than 8cent imo
Wondering when NAZ is going to delist it...could be at open.
Might go up huge today never know imo
Don't fall for the cap and cover! Shorts could have even gone long for the day...
Lol. 9s going
Need pressure...before delist tomorrow! GL
Seems very thin imo
* * $SNNA Video Chart 12-11-19 * *
Link to Video - click here to watch the technical chart video
Delist Friday...wondering if the Q will be added as well...
Back to News Results
Sienna Biopharmaceuticals Will Be Delisted from Nasdaq -- Market Talk
11:57 am ET December 11, 2019 (Dow Jones) Print
1157 ET - Sienna Biopharmaceuticals has requested that Nasdaq delist the company's stock as of Friday. The clinical-stage biopharmaceutical company, which went public in 2017 and filed for chapter 11 bankruptcy protection in September, said Tuesday it will shut down by the end of the week. Sienna's stock was to remain conditionally listed on the Nasdaq pending the results of a sale process, which resulted in Sienna receiving approval to sell one of its topical medications to Sebacia Inc, a commercial-stage dermatology and aesthetics company, for about $1.7M. The company did not receive bids for any of its other assets. (aisha.al-muslim@wsj.com; @aishaalmuslim)
(END) Dow Jones Newswires
December 11, 2019 11:57 ET (16:57 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
$SNNA: KERPLUNKAAAAAAAAAAAGEEEEEEEEEE !!!!!!
Dump it like its HOT............ Dump it like its HOT !!!!
Sayonara Muchacha !
* * $SNNA Video Chart 12-05-2019 * *
Link to Video - click here to watch the technical chart video
Followers
|
5
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
129
|
Created
|
12/03/18
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |