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haha. if you're really expecting a 100 million dollar buy out (won't happen), I'd suggest selling as the current market cap is about 130M, not even counting huge amounts of outstanding warrants with low, discounted strikes btw).
you should check out the "checkered past" of the majority shareholder (hint: search his past in terms of penny stock fraud, as well as how his previous publicly traded ventures did) who somehow always gets shares in new financing rounds against a deep, deep discount with many free warrants as a sweetener. strange that how they once did a financing round everybody could subscribe to, suddenly the terms were a lot less generous.
yeah, nice of them to get everyone hyped up only two basically pre-announce two capital raises in the next 9 months (and nothing else, no proof of concept, no partners, absolutely nothing).
this is all a bit OT, but i don't understand the exclusive reliance on either TA or FA.
technical analysis isn't telling you why WNDW ran up, that there's a pretty binary event on Thursday that will at best kill the hype, and at worst kill the share price. Any TA-trader might think this is a great chart until Wednesday, and then come back to a broken chart on Thursday; was the damage forseeable? definitely, but not when you were looking solely at charts. you have to know WNDW pulls a stunt like this (with pre-announced "updates") every two years, the charts don't tell you this. it's experience.
and fundamental analysis tells you WNDW is a zero, and has always been a zero, yet it's trading in the 2-5 range for many years now.
For OTC, and especially for shady stocks like this, it's most important to figure out who is pumping (and why), and who is dumping (and why). The rest is all noise. I think it's pretty clear the pumping-phase is on its last leg here.
I like the concept too; I think everybody likes the concept.
But in several different shapes & forms it already exists, it's already on the market. Companies that spend millions and millions on developing and improving this stuff, companies that actually have millions and millions in sales.
I could show you the URL of many different companies, all in many different stages, but let's take Spanish-based Onyx for example: Check this "project"-link: http://www.onyxsolardownloads.com/docs/ALL-YOU-NEED/VIRTUAL-PDF/Projects-EN/mobile/index.html#p=1. It shows tens of prestigious projects around the world they have helped create. This is the future of the solar window concept, and it's a future that's actually happening right now as we speak.
Then we have WNDW, spending a few 100K!! (not millions) on "R&D", with no product. They actually spend more on stock promotions than on research, did you know that? Every time I open my Facebook-page I get a Solarwindow-add (always mentioning the ticker); that's money that should have been spend on actually researching stuff ten years ago.
Everybody loves the idea, it just not what WNDW is doing: they're in the business of pumping stock for a living, the rest of it is all noise.
wow, very gutsy move, with a stock price that already nearly doubled in a few weeks in anticipation of the ultimate "buy the hype, sell the news" event that will unfold itself in no more than two days.
not sure when i insulted you. i'm just pointing out the stock is up 10% on rehashed old news, that should tell you something about the game that's being played here. that's fine, as long as you know you're playing, and don't actually believe a word this company says or their so-called "product".
just for fun, spend 30 minutes google searching what tens of other companies aroun the world have already developed and are already actually selling in the "solarwindow"-field, where WNDW is supposed to be a pioneer. You'd be amazed.
can anyone explain to me how today's PR is any different from the the filing early August: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12218779
i mean, it's the exact same piece of news. if you're happy to read this, you haven't done your homework: we already knew this! now why would they recycyle a story like this?
WNDW's modus operandi is always the same. they set a date for some sort of update about 2 months in advance; then they keep pumping the share price with all kinds of fluff: technological breakthroughs nobody knew they were working on, agreements, anything. The share price gets hyped, and moves up in anticipation of THE BIG UPDATE.
and then boom, the update is a big disappointment, nothing in there about commercialization, and the share price drops like 20-40% to where it originally started.
they've played this game 3 or 4 times now, it's very predictable as long as you know when you need to get out.
See you Thursday next week.
who knows. regardless, it's "comforting" to know insiders keep selling and selling and selling, regardless of price. another three filings on friday.
they need cash desperately. probably an offering soon.
seems like we have finally run out of bagholders.
In May????
This share price will never make it to may if they don't RS much, much sooner.
and btw, why does this somehow justity you lying about "heavy options trading" in option series that do not even exist?
of course i've read them. but as you write yourself, it's a proposal of the equity committee that will be discussed at next week's hearing, like the proposal ot the note holders (which mind you, everybody else involved in this case is unanimously behind).
in an overwhelming majority of these kinds of cases, proposals by equity committee's are ignored, and proposals by note holders are accepted. that's also as it should be as note holders claim is senior.
to make matters worse, the equity holder's case is poorly written, and bcei recently published atrocious earnings. my guess is you have about, what is it, a 5% shot there's a judge next week that has no clue. but normally it's pretty clear what will happen.
it's pretty clear what the strategy was here: delay delay delay and hope that oil recovers. well, we're a few days from the hearing and oil hasn't recovered.
there aren't even any 12.50 April calls available, but nice try.
merger??? on the first three days of next week a judge will very likely approve a plan of reorganization for BCEI, and all existing equity holders will get nothing but a few lousy warrants worth maybe 30 cents. Bill Barrett isn't interested in a merger, it will just let BCEI go bankrupt and buy the assets then, just read the initial filing (which was like two months ago)
an FDA approved lab doesn't mean everything being tested in that lab is FDA approved obviously. like every other drug, this has to go through three phases. the first hasn't even started yet, and it's not clear when and if it ever will. if so, hold on, because the dilution train will wreck every long, as VBIO is utterly broke.
this is NOT coming directly from the FDA. nothing VBIO has done so far has anything to do with the FDA, this is way way pre-clinical, as in years and years and tens of millions of dollars away.
those are fake bids. if they're hit for 1 or 2 K, they immediately disappear (as I'm sure you've noticed).
sure, but let's not pretend this is anything other than a pump & dump.
no it won't. it's not clear what VBIO actually offers, they've previously ran a completely different line of business (also a pump-and-dump i might add), changed their minds all of a sudden, and now claim they find a cure for ... you tell me. larger drug makers generally don't invest in a company with a few bucks in cash, and a completely unproven product. if so, half the OTC would have been bought out by now.
yeah, it's one of the weirdest PR's I have ever read.
"The Company found that cannabidiol (CBD) universally inhibited cell growth at concentrations similar to established chemotherapeutics."
a general statement. has nothing to do with VBIO's product. also, no details on what research was done, under what conditions, etc.
"Vitality also found that its cannabidiol prodrug was not toxic to the human cells at the concentrations tested, demonstrating the relative safety of its prodrug delivery system.
and then a statement on its own drug, saying it is "relatively safe". whether it actually works isn't clear, as the first statement and the second statement seem to have no relation to each other.
and lets not forget, VBIO's "drug" (whatever that may be) needs to undergo three FDA-regulated phases, costing millions and millions and millions of dollars the company currently doesn't have, and years and years of research.
is VBIO actually interested in doing that, or are they in the business of sending out riduclous press releases with weird claims that are unsubstantiated and bear no actual significance to VBIO's own IP?
you mean "here we go" with the insider sales?? you're right, another filing last night. anybody see a pattern i'm saying, they spike the price, insiders sell, and the price dumps again? any day now for the millionth time. and every peak is lower than the previous.
in 2015 DRYS filed a similar shelf for 1 billion (which the latest offerings were done under). That shelf is now fully gone, and the share is stil alive and kicking, just check out this forum.
as long as you guys keep posting about it, GE will be able to do offering, after reverse split, after offering, after reverse split etc etc.
absolutely nothing suggest people are even close to stop buying.
what upcoming deal is that?
why can't he sell more and more equity??? he's been doing that for years, why stop now?
why would he sell bonds (money he needs to pay back), if he can just sell equity? especially, as he has done it over and over and over again.
it's a shelf. in itself it doesn't cause dilution, but it opens up possiblities (and to some extent a willingness) to future dilution.
there was an existing shelf for 2015 for the last two dilution rounds. apparently that shelf ran out, and they need a new one.
so no, this is not immediate dilution, but yes, this guarantees many many future financings.
but the shelf needs to be declared effective by the SEC, it will take time. this won't happen tomorrow.
or imagine they don't halt dilution, and see this thing dump to below a buck before the financing is done.
something that will pump the stock through another week of dumping about 70M shares.
last week you had the div announcement and STILL the price dropped 40%. what do you think will happen if they don't even have that this week?
if that's the best news they could think of with another week of dilution ahead, this does not look good for longs.
You shouldn't "hope" , you should rely on facts. This offering will take another week and then it's done. Another week in which the share price will drop another 50% and then just wait for the next offering and another share price drop.
GBSN did like 10 reverse splits in a month (I'm overexagerating but not by much, check it by yourself) and is currently still trading.
DRYS can do whatever it wants, the SEC doesn't care.
it's not necessity, it's strategy.
GE loves to manipulate its stock, we've all seen that. moving a 150M float is pretty damn difficult. do a reverse split, end up with a 12M float, and everything changes.
DRYS ran to 115 on a, what was it, 1M float? GE will reverse split not because he has to from Nasdaq, but because he wants to to pull the same trick again. cut the float down, and then increase it again by issuing new shares, same old story.
why would they though?
lots of trader's interest now, and management obviously doesn't care about shareholders. why wait with the 70M, waiting for volumes to go down, and daytraders moving somewhere else? just dump the 70M now, do a reverse split, and announce a new financing round. rinse and repeat for as long as there are still people willing to hold this long and become bagholder.
i promise you, other companies will adopt the same business model, it's soooo incredibly easy and there's so much ignorant money out there.
the economist that came up with a "rational market" obviously didn't realize there were so many trader wannabe's out there willing to jump on anything that's discussed on any of these boards, no matter how obvious it is they're being conned.
not sure you've noticed everybody with a brain has been saying this would go down since that offering started, and will continue to go down until it's over. and yet it has, by about 70% no less. there goes your logic (which in itself, isn't a bad logic; it is bad logic however, when someone is selling over 100M shares in a 30M float in three weeks though. it's like standing in the sea and you keep saying to yourself: surely this wave will be the last. uhm, no, it won't be.).
Barrameda sold another 10.000 shares. you guys keep buying, while insiders keep selling.
look, even with that crazy dividend-announcement, the stock dropped 60% in 1 week. what do you think will hapen next week?
what is definitely coming is a reverse split-announcement btw, how do you think the market will like that?
you can buy now at 1.35, see this drop another 50% next week and maybe, if you're luck, recoup your money when this thing does eventually go up.
or you just wait a few days, and actually buy the bottom. your choice.
no we are not, you are about to get hosed by someone selling another 60-70 million shares in 1 WEEK on a 100 million float, that's 70% dilution.
good luck with your "bottom" until those shares are sold.