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It's a big "IF" though imo. Chances of approval at this time are around 5% I think, but who knows how it will go?
Only time will tell. This stock was heavily pumped up through FDA approval for a drug that is only going to get them 5 to 7.5% royalties. Once people realized this they bailed and took their profits, which was why it plummeted. BPAX still has a deep pipeline and a lot lies on future news of Libigel. In 4 or 5 months this will either be back above 2 to 3 dollars or in the .40s or .50s IMO. As long as you got in low you mine as well just wait it out.
Well best of luck. I'm still in too but have not lost much.
Why don't you just put a GTC sell order in at a price you want and just take a vacation from stocks for a while? Come back in a year. If it sells at that price then cool...if not then you will have saved yourself from a shit load of stress.
Does my happy meal come with a toy? If not I'll settle for a whopper lol.
Why's it say the 23rd lol?
Why do you continue posting the same link all in CAPS?
It will probably continue to go down until good news comes out. Wouldn't be surprised to see it hit the .50's within the next few days.
True, but I have a hard time believing once this gets into the .50's it's going to stay there for a while. Between Libigel and GVAX this will shoot back up eventually. Probably won't be until we get closer to June. Although if I remember correctly there should be more news released about Libigel by the end of April.
With all that money they are guaranteed to eat a fine piece of tang lol
Yes, but their choice of timing was a bit off. They chose to do this right around the FDA approval date, which completely killed the rally. Just does not make sense to me. Maybe they are clearing the balance sheets, who knows. That's all speculation. I still believe BPAX has a lot of potential long-term so I'm not worried about it.
That's what makes no sense. Why clear that much debt that isn't due until 2013?
So based on your prediction it will fill the gaps up to .95 / .96 and then what? I've been following what you've been saying about trend analysis. Just trying to see your outlook on this possible rally?
They should have bought beforehand. I've lost nothing so as long as we don't go down to .50s I'll be alright. Next week is a new week. Chart overall is still bullish. We will see come Tuesday which direction we're headed.
Then all the shares I grabbed in the 70s and 80s will all be worth it. Based on the last conference I expect good news to be presented.
Yeah the author is a complete ass clown. Do the opposite and you'll be good imo.
Yup, that post deserves an amen lol.
I think it will all work out in the end. You've held this long. Mine as well hold out. Just don't let it ruin your days/months. Why is the company paying off so much debt that isn't due until 2013? There must be a reason.
Because they clearly see the potential of the company as being highly undervalued at the current price and expect it to be worth well more than 0.89 cents per share.
Can I get an amen?
All his articles are purposely written after good news is released and they are all one-sided and lack factual information. He chooses what information to put in the articles and if you read the comments he can't answer most of the questions. This guy is a buffoon. I'm surprised how much of an influence he has on a stock. It's not just BPAX he's done it with a lot of biotech companies. I'm surprised he gets away with this shit.
This is exactly how I looked at it too, which is why I bought more shares in the 80s.
Yup exactly. At this rate you're better off going to sleep and waking up in a week...see if it's green haha
Yeah I see your point. That's what I was thinking as well.
Yeah I'd agree. I just bought some more at a 1.00. With the presentation yesterday there's no doubt in my mind that they have potential later down the road.
When's the PDUFA date for Bio-T-Gel again? I haven't seen any news articles from PennyStockInvestor recently and seem to have forgotten the date. Someone help a brother out.
It's cool man. I was just joking around. Everyone is just waiting for them to release some kind of news. Hopefully it's good, but if not that's the risk you take with biotech penny stocks.
When I finally find the camel's toe? So by the end of the day.
If I didn't know any better it's almost like you two are married. Definitely keeps my mind off the stock going down atm. So thanks lol :)
There's really no point in continuing to go back and forth about it being good or bad news. We will find out soon enough. If you think it's bad news then sell your shares. Long term this seems like a good company with a lot of potential. The presentation today went really well and Bio-T-Gel is just an ant compared to the other drugs in their pipeline.
Wasn't this already posted a few days ago?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72090263
That's right...ride til we die.
They are just making us wait until the very last possible minute. I was expecting news pre-market this morning, but I guess we won't find out until tomorrow. Doesn't look like this will move past .86 IMO. Watching it won't do anything so you're better off just finding something else to do to kill the time until we hear news.
He asked a legitimate question imho. Regardless, I'm hoping BPAX pulls through, but who knows. If it doesn't I'll break even. Hope for the best, expect the worst. Everyone thought Libigel was going to get approved last time and it didn't so this is not a guarantee. Everyone needs to just sit back and chillax though. As long as you did your own DD all is well :)
Yeah, I've been reading these boards for the past few weeks. He's been fairly accurate on his readings. So I don't mind the play-by-play imo. Just grab a beer and sit back man.
I think a decision is going to be made AH. Just my opinion. Though I find it interesting with the PM fluctuations today. It was as low as 0.54 cents at one point. Seems like they may be trying to scare ppl out of their shares. We'll find out soon enough. Just sit back and drink a beer.
All this PR about lawsuits seems rather convenient being that the FDA approval date is right around the corner. Talk about trying to scare ppl outta their shares lol.