is a 'Troll-Dad'
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I won't harp on you, nor will I say anything else negative here beyond what I've already stated, but I must correct you here in terms of the float:
http://www.otcmarkets.com/stock/MOPN/company-info
Share Structure
Market Value1 $8,847,921 a/o Oct 29, 2010
Shares Outstanding 221,198,026 a/o Sep 28, 2010
Float 50,463,836 a/o Sep 28, 2010
Authorized Shares 500,000,000 a/o Sep 28, 2010
For the heck of it, I will also mentally project "very good' onto this situation. It really can't get much worse!
we all make our own investment decisions. You could very well make money here. The problem therein lies with the cycle of this stock's trading for the past six months. This time, I fear, it will stay down or further down for a lot longer. This will be further compounded the longer their "commitment to financial transparency" is suspended with the lack of timely financials. It is really the only catalyst left with this stock for the near term.
All, IMO of course.
That it is.
And I'm sure DFS is quite scared about doing any further DD regarding this company in the near future. It has just not been a good time to confirm that many things stated don't exist or are shady. I duly hope MOP proves us all wrong someday...but I fear it won't be any time soon.. and that in the meantime everyone will get their wishes for cheap shares.
I am, in all honesty, fully expecting a PR along the lines of "derp de derp, Ecuador is still testing and derp derpity derp, should know sometime next year, derpity derp!"
Sigh.
I'm truly sorry man. I hope for many people here that this stock recovers to some respectable level, AND stays there. I really fear the next PR coming before financials...if we get more fluff, look out below...
Yeah, about your broom work...
The guys here would really like it if you could make sure to get every dirty corner, mkay?
lolz...
THIS.
And also the fact that the float has been increased from 36 million to 50 million with nary an explanation for it. This is one of the reasons why one of the original moderators left this stock. I held the torch for a little while and still slighty do as an assistant, but I only will hold 40k shares if that in the near future. As if there are no financials put out this quarter it will be a huge red flag for me and others.
All, IMO and GLTA.
Still no privacy policy on bilal's site...how professional! lolz
Awesome synopsis, Electrum.
Have a Happy Halloween yourself!
It is seeming entirely likely at this point.
Now, where is that bourbon?
Thanks...
but its beyond me how the Oakley report could even affect this stock anymore. Too many things are totally "up in the air" at this time.
I only care about 3rd and 4th quarter financials now. But judging from what I heard, it looks like we will have to wait until January 1st for "significant sales".
Hello 5 year plan! Think shauno will still be mod then?
No one knows, but I would assume they would discuss the drug's benefits, target markets, and revenue predictions in the US and worldwide. Here is the quote from the PR and link to the PR:
AVANIR will hold a conference call and audio webcast on November 1, 2010 at 8:15 a.m. To participate in the conference call, please dial 877-558-3407 (domestic) or 706-679-1941 (international) and reference the access code 22130601. A live audio webcast of the conference call will be available by visiting AVANIR's website at www.avanir.com. To listen to the live presentation, please go to AVANIR's website prior to the start of the presentation to register, download and install the necessary software. An archive of the conference call will be available on the Company's website for 30 days.
You betcha! I personally can't wait, as the follow up news from analysts predicting yearly sales didn't come out till after hours trading had stopped.
It is at 8:15 AM per the press release.
That is what it says I believe...we are at the bottom for the 29th and says approval.
Here is the link for approval:
http://www.accessdata.fda.gov/Scripts/cder/DrugsatFDA/index.cfm?fuseaction=Search.DrugDetails
Huge buys right at market close. GLTA
Stay for a bit shauno, even I don't want your position. Someone will stand up for it in time. Maybe Narvo0! LOL
Wouldn't we all, Shauno?
5 MMs on ASK now, most volume in months, too.
It is the most common thing people parrot to sway others away from investing, "well the short position is xx%, that must not be a good sign, blah blah". And it works.
Also, this is why they maintain huge short positions against stocks like this till the last hour sometimes. It keeps people out and away from potential gains.
You and me both, man. You can win at this. ALWAYS have a price to buy at half the value going the day into decision IF your DD is valid and convincing. This is the modus operandi. Of course, approval is never a sure thing, but it won't cost you as much.
Yup, back above 2.
Easy: many people don't have physical stop losses, they have mental ones. They are shaking those now.
It will.
Always go 50/50, 50% sell on the runup to make your profit and cover your position, and if your DD is good, 50% toward approval. I have to admit this has been quite a bad month for biotechs though.
HUGE buys going through. Doesn't everyone love the fair market? lol...
This will slightly dampen the appreciation through short squeeze some were expecting.
Sorry if it is slightly off topic, but they took it down from 10 to 4.20 and then right back up in 5 minutes. It later got approved the same day AH.
Just like what happened with POZN.
You are most correct. We popped to ten cents when that rig had a minor explosion a few months ago. No leak, and we went right back down. Definitely elastic action here.
NP. See the sticky near the top "spoke with wayne"...company no longer is or will be involved with thee Gulf, total buzz-kill, right?
hey viva, welcome to our, at times, dysfunctional board!
GLTU
I'm with you there. This stock is the strangest in terms of trading I've seen in some time. Potential, technical, and long term...things are still here.
Lolz...knew this would happen. A testimony to the larger float though, 100k would have moved us up 2.5 cents a few months ago.
Wow. Could we do 1 million in volume today? 100k at ask? Holy...
That is the main problem with this stock, gadawg. We the investors have to find out what MOP is up to, they never give updates, and if they had, we would probably still be above 9 cents, IMO.
That, and if the last two PRs before the Middle Eastern one had never come out, of course.
I really hope you are right. It would do wonders for the morale on this board alone. GLTU