"Finding shell stocks with mergers in the works"
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I think we are going to have a repeat of yesterday with the price coming up after all weak hands are out!
Exactly, you took the ink out of my pen! No serious investor is selling here!
Someone knows what their doing here, weak hands are being flushed out in a very deliberate way!
Brilliant explanation about lack of relative volume. Thanks!
People are just waiting for someone to take the initiative and knock out 0.0016's and 0.0017's ..........
People will start chasing when they see BMSN in green....
Those who don't buy today are out for good that's for-sure!
Hey where are those naysayers?!
THIS IS WHAT YOU CALL POWER HOUR!
Pocket change for a mm....
Not much of a wall, one mm could handle that in one knockout....
That's not how we're using the word shorts here..
Here it means folks who saw this dip coming and sold high "shorting" it. Now that the price is down their all getting back in now at a cheaper price.
We knew it folks!
All remaining weak hands were flushed out at 0.0011
moving up now....
If it goes that low you don't want it, that means bad news. You want to catch this on a uptick or a dip/market correction like this. No shot for that low...that dreaming. Huge 17 million bid at 0.0011 not going to move pat that block so fast. But good luck to you anyhow.
I think were at the low now looks like all the fishing for cheaper shares is drying up....looks like most of the weak hands have scared into selling already...may move up after lunch...
If you followed this since breakout you would know that dilution stopped at 0.0006 what you are seeing now is purely market correction from a week of straight green and an average of 50% gain a day.
Strong hands are holding, just look at these tiny share sells on the bid. This is a healthy process weeding out weak hands....
If this post is true...this is gigantic! Better if BMSN doesn't merge....better focus this way
News of clinical trials will be MASSIVE!
What's the story with the 10k never came out 15 days after the nt 10-k ?
Good point!
What is the SS? A/S, O/S, Float?
a/s Authorized shares company is allowed to sell to the market
o/s is the amount they already did sell to the market
float is, of the o/s how many are in the stock market as opposed to being held by private individuals or entities but not allowed to be sold on the open market.
I think he just means that the sell was on the bid as opposed to being a buy on the Ask price.
I still think this will go up still holding mine have almost 10 million...
Agree, have some more money that will be clear on Wednesday as well...
Agree, I think the sell-off was good, got out all the weak hands or at least most of them all strong hands didn't sell....
Good if it was that means their out! But I doubt it, probably just a regular person who got nervous that it came down to the opening price. Could even have been myself had I not held back on the trigger, and I could have sold a lot more than that. I'm holding....
I said that myself in a different post.But, I still think this will go up.... especially with news. Still, low OS for this kind of company and market cap.
Dilution was over by 0.0006 this is just some end of year profit taking for some or tax write off for others. Additionally the sell-off may have been due to the delay in filling 10k....Also when the selling started people got nervous and sold as well bringing it down more.
Any suggestion of a merger here with BMNS?
Just some end of year selling, especially those that got in higher than 0.0017 they probably sold to write off as a tax loss.
I don't think entry will be lower than 0.0015 any more....
I think the sell-off was a combination of end of year profit taking,
people got scared from sell-off and just increased it.
Also I think the delayed filing also got some people nervous. I don't think the late file means anything the sister company also did a late file don't forget the CEO seems like he has a lot on his plate running two companies simultaneously....
Probably it's that they didn't want to spoil this run up with filings showing how much dilution, till the good news comes...I'm holding mine have almost 10 million.....
It's called, he got nervous!
You could buy with that money you just cant sell till that sell settles
Looks like all the weak hands are just about out!!!!!!!!!!!!
Loads of profit taking for end of year...
Trying to accomplish 2 things
1.Get rid of the sellers who are selling at higher price which is preventing it from going up
2.Some guys are selling small bits of shares to bring it lower so they can get in at a lower price than bring it up!
This is not going lower just the "big" guys trying to short this so they can get in at a lower price....coming right back up....
What? You want everyone to sell so you can buy their shares at a lower price?!