Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's achievable with average volume. I'd like to see us get this behind us this afternoon.
Would be great. Once VNDM sells it's shares, we can climb again. $200 isn't much considering where we will be after dilution.
Well .0094 anyway.
CDEL went to .094 so maybe we can finish off VNDM shares now.
I'm with you there. I'd like to at least get into 2s soon.
It would be great if the dilution could get wrapped up today.
The free sample patches will have been distributed 30 days ago next week. Maybe we'll hear some feedback on results next week. Better yet, maybe BIEI will get a purchase order and start selling products to preclude the need for this monthly dilution.
Nope but it's a good time to buy.
Yep and it stinks. The good news is that over 99.5% of shares are being held because better days are ahead IMO.
I think a lot of attention is on mj stocks this week. Expect low volume here. IMO bounce back coming.
All green anyway. No volume to speak of. A lot different than yesterday.
Yes. I guess it's unfortunate in a way that BIEI's CBS is already legal in all 50 states. Some stocks tied into the legalization of mj and the elections are really taking off.
I'm guessing they aren't convinced that dilution is over yet. Low volume so far today and maybe we need that.
For sure IMO.
Been watching an interesting L2 today. C*IS going crazy. Would like BIEI to do the same soon.
Yes and considering the ps the last couple days the ask seems high. It's relative. An ask of .0115 is a good deal if the ps is headed back to .02.
Okay. I was agreeing with you about absence of dilution MMs.
Yes. ETRF is sitting with a bunch at .0119. NITE is showing 10,000 but might have 500,000 at .0117.
For whatever reason, some people still want to drive the ask down. .0117 buy for 1,000 shares? If the flippers haven't loaded up the past few days at subpenny prices, tough.
That would be good. It's a good time at .01 to load up for next leg up. I think volume is low this morning because of uncertainty about dilution. Should get bullish IMO once that question is resolved.
A trade of 750 shares knocked ask from .0115 to .0110. Then a few retail sells. I have no idea what the 53 share trade was. No dilution yet. VNDM is still sitting at .05.
Well it was until CDEL jumped in
Yes. That might mean this round of dilution is over. I hope so. L2 thin to .0129
VNDM backed off. Maybe we can have a strong close today.
I really don't know how many more shares there are for this current dilution but my fuzzy math points to maybe 60% - 75% done. I think you'll see a bullish trend after VNDM is done. IMO the bottom will remain about .01. the ask at .0110 is good.
Not sure we'll get to .05 without positive news about cancer testing but who needs BIEI to get to .05 in order to make money?
You should make money on that trade
Waiting until noon. The mornings have been rough lately. VNDM is still at an ask of .0114. maybe the other MMs will follow.
Yes. Good news would be welcome. It would be good to have VNDM out of the picture. Not sure how many more shares they have.
BIEI should try selling some pain relievers this quarter instead of waiting until next quarter. Stop the dilution and make some money.
It's called dilution. Hartman has explained this need in his Uptick interview. The pain reliever sales should defray the the burn rate of $100k a month in the future. The current dilution will be over soon and the ps should go back up IMO. The only people losing money are the ones selling at this point. IMO BIEI is extremely undervalued and progress on its projects will put the ps high enough that every BIEI investor is making money.
GLTA
I agree. Last time they took it down to .01 regularly, so .0120 is much better.
Hopefully, the wheelbarrow isn't heaping full. They were at .0220 for a few minutes. I should have blinked and I would have missed it.
Ugh. Spoke too soon.
VNDM backed off. Maybe done for the week. Better yet, would be nice if done for the month.
Probably not today.
Selling pain relievers will reduce or preclude the need for dilution. I'd like to see that division grow so that it can finance burn rate and trial/testing costs. If the trials with humanized mice are successful, $1 ps is realistic IMO.
Do you think VNDM will be done today?
At the current ps, I'd opine the sellers.
I agree. Selling at this ps doesn't make sense and not buying at this ps doesn't make sense. I think we'll be back up soon.
10k, if it ever comes out, might help accomplish that.
You made it under the wire. VNDM upped ask to .0145.
Saw that. Congrats!