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I leaped and bought 20k more today...my price average
is pitiful but I am drowning now so what the heck I averaged down a
bit more....good luck and thanks everyone for encouragement the other day.
I hear you win my last buy was @1.28 and I am tempted to buy
more here...I wish I traded it out @1.45 I could have made 1600
I can't not fathom that they haven't spoken to investors since
s-4 filing. I thought merger was ending the end of jan?
I want to believe you but I have lost on paper half my
principal! I am tempted to sell at a huge loss right here
because there is so much selling by insiders right now that
one gets the impression they are abandoning ship? If we are on
the cusp of a profitable Quarter why are so many insiders selling
from what I can see two million plus shares? thankyou
Why hasn't company released news? merger update?
Monday is a holiday, wouldn't want the news on a friday
would probably be rotten ...so we are left with next tues.?
can they get the vote done on barely a weeks notice?
I continue to hold but am getting more nervous
having lost on paper half my principal and falling
we need a launch soon. or we will WILL GO BK
this is why people buy at these level. How much
lower can she go? Most assume there is some value
to their portfolio...They have assigned a 42million
approx. to libigel...so I took the risk.
I was not here for other rs's and have used crbc
as an example of a rs working. but yes, most rs
don't work....I am scratching my head that we have
no update for supposed merger in two more weeks?
something is starting to stink..hope I am wrong
Do they still intend to be on nasdaq?
If so 5 bucks is the goal...will they do a 1:4 to make
sure they have the price? stock holding steady [I have not
looked at price yet today} been in low 1.40 range
I believe we should be getting some updates today?
Key,
I am a long term long in @.14 approx. 95kshares.
I was very optimistic for a long time but the more
I read sec filings the more fearful I become of losing
my shares,,,,I am down almost 50% now....
I continue to hold but lack of real progress with company
has been a real downer for me...I will continue to hold
and hope I don't lose more of my principal % wise.
I hear you win! management is not transparent! what drugs
are in portfolio/merger....not releasing safety study,just the
facts post on the 2.56 number, makes this one confusing situation
and management knows this? I am betting we get our run up and again
I am a new investor and sorry for everyone's loss of principals
one word VOLUME! The volume will be a tip to us! watch the volume
life is not fair!
Hi win,
sorry for my vagueness I was rushing to make a couple
of trades,,,I picked up a few more bpax also today
anyways
July 5 2011 crbc [bank] did a 1:10 rs and has basically
tripled since depending on when one buys sells
hope this makes you optimistic on our bpax-won't be
long before we get our ride up!
Hi win,
crbc did a good rs...I was in it!
Well we will know soon enough on our bpax
I added a few yesterday because volume to me has been
in our favor and 2.56 would be a greattemp. price if true of course
before we get our safety news$$$$$
prof,
worst case is 1:6 rs. if it stays at today's price 1:4 rs
I believe yesterday was shorts starting to settle.
I believe management may not have votes on paper and this is
why we have no update...I believe news will come soon perhaps
monday.because I have called and e-mailed company about confusing
s-4 and they haven't responded...I continue to believe this is a
gamble as it could go up a buck quickly or go down to 50-75 cents
on rs news..I continue to wonder about safety study and why if it
is good and I think it is then why would they put a 40million value
on cvrs? Where is the good will toward shareholders? Based on 40-million calculation one could speculate a worst case scenario where they take it to us shareholders one more time.
I am long bpax and am hoping for good news as I speculate we are at
the bottom....easy speculation when one realizes most shareholders are under water by 90%! I assume management has a heart and thus I bought shares for move up! I wish everyone well!
Win,
1:6 rs if it slips below a buck....Management has done two
rs already and perception of third one is not good...not saying
3 could be a charm but for most under water already...how high
would stock have to go to recoup principal?
they must be having trouble getting their quorum for merger or we
would have gotten an update I hope you are correct that they are
working on better deal for current shareholders.
If I was sitting on a positive safety study for libigel why would
I value cvrs for 40-million? shareholders taken again?
I believe more strongly than in the morning today,,,that shorts
were starting to settle yesterday...and I would not expect news
this week.....this is going to go one way or the other by atleast
a 50cent-buck swing in short order.worst case scenerio 1:6 rs because news of rs could put us under a buck very quickly if management continues to be less than transparent on company specifics and the wise new investors would wait until after safety study and rs to take positions in new bpax. people often wait for after rs to take positions I have seen this many timesbefore
Pete,
no worrys,I actually believe they will do a 1:6 rs to make sure
they are over 5.....We still could see a sell off into rs...
on reverse splits most would say buy after they are done, but in this case it could be different if we get news/manipulation
Does management have share holders back this time? Their past does not support but that is the gamble!
I am leaning to belief that shorts are starting to cover and that run yesterday is not news related....I think they are still counting
speculating if they have the votes on paper.....
sadly, this could go under a buck in a heartbeat or rise just as fast place your bets.....I would say that without news I would average down after the reverse split....stock is going to have high beta into split......to many unknowns
jeff,
I took a position in bpax based on that portfolio...thought
i caught the bottom...now? It is quite the gamble as I believe
bpax management depending on what the material news contains
could drop us below a buck in a heart beat...just look at short
position.....I believe management will show empathy this time around
because they have done 2 rs already and have reduced our shares value by over 90% One would think they owe us something and will
bargain/haggle for us this time around thus the gamble.
I believe they have favorable safety news to show us and we may
have favorable launch update with teva... I am hoping / placed
my bet long that we get safety study released with rs update at the same time....stock price will be volatile with upward bias[my bet]
Pete,
We have to have at least a 1:4 rs...I think they go with
1:6 rs minimum to counter any sell off that may take place.
Nasdaq I believe requires 4 bucks to be listed.
Still waiting for response from company?
Have they been flooded with emails/phonecalls?
Is there an immenent news about to be released?
Or do they just ignore retailers/small investors?
If I receive any post I will tell you guys. I will
be totally blown away if we go sub-dollar again because
I truly believed we scraped the bottom when I bought
my shares and expect a favorable safety study and even some
movement/news from teva
I was expecting update today[merger,rs,safety study}
We must have news coming on immediate horizon?
How long can they keep us retailers in the dark?
I have e-mailed company about my confusion s-4 filing
hopefully someone answer them in I.R. I also called company
and left a message...Anyone ever get thru to them?
Help,
What can move our stock this month?
safety study release due last month, merger clarification, rs update, vote update, calls expiration in several weeks... any thing else? thanks
happy new year 2013
looking for mcz to return to profitability on 56-million
revenues...stock price of .54cents currently....
should see a buck after cc in feb.
victimofsimes,
sorry you were ripped off by company,,,,
I can only hope you get some good news soon....
I am new to company and believe we are at the
bottom...but it won't help you get back your
100k principal,,,I am sorry
I just hope we return to the 1.60-1.70 range
and then get our update from management about new
valuations of our company's worth/products etc.