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2.05 after hours.
Dipped to 1.97 before close. Staying over 2.00 will hopefully lead to 2.20 soon
How can you short a stock under 1.00. Short interest is 0.28%
What are they doing with the $$?
Hopefully there will be good news next week to counteract the dilutions.
Seth Lederman is a smart guy. I expect some good news to put us over 1.00. Hopefully not a reverse split.
I have other stocks that hope to treat ARDS from Covid
Capricor, RedHill, Athersys and Tonix.
There are others too.
Stockman, I trust that Dr. Ji will get some approvals soon.
He is not a great speaker but he is a genius as a scientist.
Either our home test or our nasal antibody drops will get an EUA.
There are about 90 million shares short. Look at the chart above with the purple diagonal line. If we break through that resistance at 8, shorts will have to cover as we shoot from 9-12. This will propel us to 18-20.
Just kidding - it’s really because I bought today.
I picked up some at 6.97 today for an even 16,000
I think we are ready for another run to 18-20
Thanks Crusader. I assumed since he left in 2019 that he was fired. Maybe he was asked to resign or maybe he saw the writing on the wall. He has ethics and sees the reality of science and decisions which effect the future of many generations. Not that Trump is gone and Dr. Gottlieb has spent 2 years with his family, maybe he is ready to come back. Biden could say that he has appointed a Republican as FDA commissioner
How can we trade 10 million shares in a 2.5 cent trading range?
I believe our shares are going into stronger hands. That’s why there were very few shares for sale when we popped over $1.00. Then the day traders sold to each other on the way down.
Clay called it a gap and trap on 12/7.
He called it a pump and dump yesterday. However, no one was pumping. There was a good news release. Maybe some penny stock newsletters pumped it but I didn’t see it. The news was excellent but revenues won’t be coming in until 2022. I can wait as long as we are still in business
Today is the most negative day I’ve seen on the board not counting the regular shorts who just say the same thing over and over.
There are intelligent investors who are getting frustrated with the lack of movement.
As a contrarian, I would say it looks like a bottom. Most who would have sold by now are out.
A little good news and we pop thru 8 back to double digits.
I like Scott Gottlieb - does anyone know why Trump dumped him?
Nice Jewish boy from NJ like me
He would have to r ensign from the Pfizer board
He approved the 1st gene therapy.
Excellent on CNBC
Thanks hopester. The prior 2 trading ranges held for 6-8 trading days.
We are 6 days into this range. I like the pattern.
A breakout by Monday, then 2.00-2.20 for 6-8 days, then 2.2-2.4 for 6-8 days
Patterns are nice but one day it will change. Hopefully shooting up to 2.80-3.0 by January
Hopester, I agree that the numbers will go up from 63% but it will not be 100%
I know some hard core antivaxxers. Some think vaccines cause autism. Some are afraid of needles and fear getting AIDS or hepatitis. Some think it’s a government conspiracy and Covid is a hoax. If we can get to 70-80% life can get back to normal unless there are major mutations.
ARDS will still exist regardless plus we have 5 other indications besides CLI. We also have something going on with marijuana, hair growth and manufacturing of cells
There is shortage of antibodies and people are getting it too late.
Someone on CNBC today said this. We need an EUA for the nasal antibody drops and people need to get it as soon as they are exposed.
I agree with everything except that I’m seeing only 0.28% short position. I think we are forming a nice base and the next move over 1.00 will be more sustainable. That move was crazy. I think long term we will have good products and earnings. By 2022, one of the pharmas will want to buy us hopefully in the 15-20 range
Short term we will have ups and downs.
When will Sorrento’s home test be approved?
Dr, Ji said within weeks I think - is that 52 weeks?
When will the antibody nasal drops be approved?
What else will be approved soon?
Sorry but I have a lot of stocks and am waiting for approval on so many products that I can’t keep it straight
Hopester, I agree with Gary on this.
There will still be Covid cases with ARDS after the vaccine. Many people will refuse to get the vaccine and it will take until June to vaccinate everyone who wants it. There will be mutations and also we don’t know yet how long antibodies last. Some people are afraid of needles, fear side effects and some will be allergic or have bad reactions and refuse the 2nd booster. There will be other viruses. ARDS has other causes and will be around for a long time.
Covid study will prove safety and efficacy and we will be at least back to double digits.
(Grammar police - it bugs me when people don’t know the difference between there, they’re and their.)
I’m not perfect as you can see from my run on sentence but it helps your credibility if you use the proper words.
We seem to be in a range 1.80-2.00. Breakout to 2.20 is imminent.
I think we will be back to 3.00 by January just from looking at the chart, news and hiring
I love ATHX but also see PSTI having excellent news to report on 12/17 regarding Covid.
PSTI trial with 140 patients should be getting close to fully subscribed and should have some initial results
On Friday we could be anywhere from 6 to 12.
Market may crash 500-1000 points at anytime.
News release on an EUA will put us at 12.
Most likely we will close 8-9.
Without checking the prices, if I were a gambling man, I would say getting the 8.5 or 9 calls would be a good risk / reward.
I used to gamble more. For now I would just buy on dips and hold. I think we will run up to 20-30 over the next 2-3 months and a takeover in triple digits could happen in 1-2 years
I agree. Just pointing out the drop. ARK is getting good publicity as their funds are doing well. As people buy more of their funds they have to buy more stock, maybe even more of the ones that have dropped to keep the fund diversified.
I like ARK buying but we are now 46th on their list at .28% of the fund.
We were much higher and hope to be again. A good report on 12/17 and we could be back to double digits.
If proven to work for ARDS from Covid, there are lots of other causes of ARDS and there will be other viruses in the future.
What about the THC / CBD business? When do we expect news in this area?
I’m glad ARK is still buying and not selling
Clover has not sold 1 share or there would be an SEC filing, right?
I am not selling at this price. I did sell some from 10-11.50. I believe we will get there again.
Yaky, how about a Covid update?
The study hasn’t been updated since 10/29 and some site are listed as not yet recruiting.
How about an update that we have 140 patients in the trial and compassion use is going strong with excellent results?
Yaky, wake up!, You are losing some individual investors who have stuck with you for a long time.
Thanks for info but I think it’s EUA
Emergency Use Authorization
I agree that it has good value. I sold 20% at 10.50-11.50 just lucky as nothing goes straight up.
I bought back today and holding the rest
I bought both today.
ATHX under 2 is a bargain.
I actually got lucky and sold 1,000 PSTI at 10.50 and 1,000 at 11.50
Topped off my ATHX at 1.80-1,91. Now proud owner of 100,000 shares.
I still held a bunch of PSTI and bought more today.
Despite the bad news PSTI will have a run to 15-20 and higher
See Clay Trader post yesterday. He expected decline to .65. If we find support here, we can shoot back up. Look at SRNE after hours today. CEO Dr. Ji impressed investors at Benzinga conference today.
Our CEO, Seth Lederman MD, speaks at 10:15 am at same conference. A lot of people will be watching and they have money to spend
Yes. Some of these investor conferences have 15 min presentations
Then, if anyone wants to schedule a private hour with Dr. Ji they can do that after his brief 15 minute talk and the panel
Dr. Ji speaks at 1:30 tomorrow and then on a panel later
https://events.benzinga.com/registration-page
I love TA. These charts show us going to 7 within 2 weeks. Sounds good to me.
I love Linda Marban. She’s a genius
I woke up at 5 AM today. 8 AM EST
CAPR was 4.80 and TNXP was 1.02. Even SRNE was up and hit 8.00 after the open.
I went back to sleep and woke up poorer.
I thought that 4.80 was a dream.
Come on Linda, make my dreams of double digits come true
Tonix presenting at Benzinga conference on 12/9 at 10:15
https://events.benzinga.com/registration-page
Scroll down to day 2 track 2
I saw 3 patients with Fibromyalgia today. I told them to call Tonix and get on a list to receive the new drug ASAP.
They all looked at the news and were excited by it. I’m holding
Volume was 148,695,109 with 156,590,000 shares outstanding
Average volume 7.27 million
I think we will break thru 1.00 soon. I think many people took profits and bought back in
As an MD with 100,000 shares I can tell you that this is excellent news.
Pain, sleep and fatigue are very common symptoms.
Many pain pills are addictive or cause sedation, GI upset, heart, liver or kidney problems.
Most sleeping pills are addictive or cause daytime sleepiness.
Most drugs for fatigue cause insomnia.
If we can help these 3 symptoms with minimal side effects, sales will explode.
There will be ups and downs as 2022 is mentioned for drug approval and today’s investors are impatient.
I would expect that larger pharm companies may want to buy out our little gem.
Thank you Seth. Great job.
Don’t bail on SRNE just yet!
I think it’s time to back up the truck and load up. We have been in a quiet period. I think Dr. Ji is getting some presents ready for us for Chanukah starting this week and some early Xmas presents are being packaged
https://investorplace.com/2020/11/dont-bail-srne-stock-just-yet/amp/
Did they make some changes to the web site? I haven’t checked it for 6 months or more. It looks good especially the dead cancer cells
I think it’s more than that. Reading the last financial report, it looked like we would run out of money this month.
I’m expecting some news soon about a partnership, new investor or new source of revenues.
I was expecting a reverse split and dilution. Now, I’m expecting something much better.
We called it. I’m actually showing a profit. My seemingly stupid buys at .17 to .23 got my average cost down to .33. For 8 months I’ve been buying and selling Covid stocks PSTI, SRNE, RDHL, ATHX CAPR TNXP. I like to buy in 1,000 share blocks. Whenever I had money left over from selling and buying, the leftover $$ went to buying 5,000 to 10,000 shares of CNBX. I thought I was throwing away my profits. Now I feel like a genius.
We must have an imminent deal coming or a funding source.
I was referring to this video
https://pipersandler.zoom.us/rec/play/7p6ebIhHbRkmmBaXffNQeGXSsRkhriEV56NBSFVTRQ9IBnxL6C4uvSfjlZXAayBAeewv7zWyCwLtr2XR.qMOgbDXGYEyaZYt2
Dr. Ji met privately with others at the conference
I stopped following it once it went bankrupt. I bought and sold from 1998 until ?.
We were lied to. Sprague took a payout and formed another company. They seemed to have great potential but no ability to sell or make money. I have $3,000 a year in tax losses for the rest of my life unless I hit it big on something else. There should have been a class action suit or something. People lost a lot of money and 1 super nice guy even killed himself. Luckily I’ve done pretty well in real estate and mutual funds. I got an email from Snackman about a penny stock and another guy. I hear from Joe Trippi sometimes. His candidate lost 11/3 in Alabama. Any news from the old Wavoids?
Why are you guys still posting here?
Didn’t WAVX go bankrupt?
Need to break thru .30 and move toward .40 to .50. We are holding up pretty well in high 20’s.
Somebody knows something and is accumulating
Goupupup, what do you think is a fair value for a buyout?
Between the SEC filing and the Dawson James link, where do you think we are going over the next few weeks and months?