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Old news my friend, and not to discourage you, we all want ONCO to be successful one day, and most likely we will all win one day, but not anytime soon with Doc Walker's approach to news updates. So I am hoping for a merger or acquisition of some sort to launch the stock skyward. Good luck to us all...long endless journey...but if we are patient and do not mind holding...we will all see serious payback.
Osama...you probably have your decimal point misplaced. .0285 is more realistic...!! LOL..!!
No flowing news, no interest, no volume. All fits together in one package.
Scratch my recent post, did not read dawetz update at the time....now all makes sense.
dthedude....I have tried to send Dr. Walker many emails in the past week, and all come back "Undeliverable"...either they are having systems problems, or they have shut down the two email addresses.....sales@oncology.com and wwalker@oncology.com
Jeffn...I have a lot of contact with past investors like myself who hold significant shares. They are hearing a market buzz about a ultimate merger. Do I know 100% for sure....heck no, who does. But there is enough buzz to make me feel that this is coming.
doinit....it will revive. That's the only reason I hold on to my shares. Won't sell a single share until this stock returns to at least .50
For sure not to put a date.....but here's the reality...this stock was no pinkie....it was selling over $6.00 a share at one time. I am one of the lucky one's who bought in at $3.92 a share....and a fairly significant investment, 100's of Ks....painful for me. So now I am hoping for a rebirth...even if only at .50 as I accumulated when the stock tanked.
Hey Compass.....you need to send that note to wwalker@oncologymed.com and/or sales@oncologymed.com
Recently I have tried to send Dr Walker email at both addresses, however, both rejected. Have to believe his mailboxes are full.....past emails always made it.
GoFY....I keep checking the posts same as yourself. Yes, unfortunately I will not be going away until we see some redemption here. I am beyond the Eternal Optimist as you call me, I am the person who goes on fact. And the facts remain, a merger will arrive at our doorstep. If this stock only goes to .50 a share, I will be happy to regain 1/2 my original investment.
Well Grant, all we have to do now is pray that Doc Walker stays alive for 5 - 10 more years. Then we will see a serious payday....but if he checks out, not sure anyone else in house at ONCO will keep the business rolling. I have spoken to him many times, and what I can't figure out is how a bright mind like his cannot understand that feeding positive information to the Investor Community will only accelerate stock price....managing the financials, adding revenue + solid press = advanced PPS. The only answer he ever gave me was that he won't put tight money into Press unless it is significant change. My reply to that...waiting one year at a clip is not enough.....(I hope he is reading this post) I can offer no more advice to Doc Walker....if anyone would like to speak to him directly, his number below. He is very easy to talk to and most likely will tell you the same that he has told me and others.
His direct dial - 540-822-5161
Grant, very very unlikely to go that low. Lowest buy that my son came in at was same as my price.... .0013.....so that would be a good benchmark.
Grant....everyone has been vocal and frustrated in the same sense as yourself for the prior 2 years...and for us longs, it is old news about his lack of interest and resulting PPS. The only reason he ever gave me as to not putting out Press Releases is the cost of the update to the Newswires. No other reason. With a $66k annual net income, they are extremely tight on funds. Am I trying to rationalize his dormancy to you, by all means no. I am just as frustrated to see a Penny in the Black and not see capitalization on it with a lot more competitive trading. It is disheartening. The negative chat has been around for years.
Should have sold on the May 2010 run when the stock price hit .02....then bought back in now at a higher position. Always believed that .02 was the low mark and more to come, so who wants to sell premature. Now, hindsight 20-20.
Already own a good position when bought in 2 years ago at .0013......
Back to Tank City USA. Absolute insanity. Here we have a penny stock in the black, rising revenue year on year, positive net income and yo-yo's selling for free.
We need Doc Hibernation to issue more positive press and PPS will take care of itself. Miracle request I suppose...I really don't quite understand why he feels that one Financial Update once a year will do it. Sure hope he has that target .50+ in mind with the absence of all other information. He has to have a bigger plan....fingers crossed....and....JMO.
These prices are from the previous company that closed and then resurfaced by Doc Walker as ONCO. Just fyi to everyone.....these were never ONCO prices under the company name ONCO.
A Record Day....no one, not one Day Trader caved in to the low offers....no volume, and no cave-in's....and we sustained PPS at .006....I consider that progress.....maybe all the low ball trades are behind us as someone suggested earlier.
Osmosis....but happy to see the turtle not moving backward off of .0055 ASK.
Surf....very happy to see today that no one is caving in to the .0045 bids against request of .0055...no volume, and would rather see it stay that way than drop PPS. Maybe our messages are getting thru to others. If we stand our ground, the stock price will only accelerate.
DtheDude.......The Penny Stocks draw in the Day Traders.....and if they are operating out of a Trading Group using 3rd party software, they are tasked to make a minimal profit daily. So, they prey on stocks like ONCO to achieve $25 here and $15 there. And thus we have the low pps syndrome. Can't see that changing until this stock begins to run up....and that will happen.
Compass...let's see. I think you found the following data...
Revenue 2006 - $1.4 mil
Revenue 2007 - $1.7 mil
Revenue 2010 - $2 mil +
My observations....Rising and consistent Net Income. Lower Cost of Goods from 2009-2010. Performance year-on-year in the black. Minimal debt.
We have all the makings of a company and stock which will ultimately exit the pinks. If Doc Walker can ever bring in more partnerships and expand presence heavily into New England and then further West and Southwest....we will all win here.
That would be a small miracle. Not his style, and if the laws don't mandate it, not going to happen.
Surf....it's about time we see some smart and relative trend. ONCO Revenue is solid and over the past several years, trending up year on year. They have delivered a positive net income, they have decreased their Cost of Goods sold....and they are consistently in the black. Old Doc Walker has a plan, and maybe not fast enough for all of us, but this stock will be a serious winner one day when they show further extensive market expansion. I sent the Doc a note and told him to please stay healthy for the sake of all us investors....!!
I hope so. I just lit a candle in a local church.
DtheDude......that's been the entire problem with ONCO...their CEO does not place high value on communications. Pathetic.
I see we finished the day in flying colors.....0041....each day the Day Boys find a way to reduce our portfolio value. Good job boys, keep tossing the stock to the wind.....add Doc Walker's hiberation routine and we have a perfect storm.
Pero_gonz....wish you were right about the trading group. Unfortunately we will always have, for now, the nickel dime daytraders who give the stock away on a moments notice to bring in their big "take" for the day, about $50 bucks or less. Reality. But long term, ONCO is showing positive trend now and will continue into the future. We have a winner.
Hey Surf....I am not greedy...all I want to see is .50 a share.
Compass...good to know. We are trending upward year on year....all good....could use a little more speed, but overall, good trend. Now, knowing that the revenue is moving upward year on year, the daytraders will probably start selling the stock at lower PPS. Makes perfectly good sense to me....(incredible).....
Thx Moon...I got that one. That is where I took the $516k in revenue and straight lined it to a prediction of $2.1 million. I was hoping a Full Year Report came out from one year prior to last year....so we could compare Year-on-Year numbers. I believe it does not exist.
Hey Grant....as long as we are a penny, and as long as the Doc enjoys hibernation, and as long as the Day Pool Boys are out there....we will see the daily $50 profit syndrome. There isn't one guy out there who is a Day Boy who can't look beyond the end of their nose. They start selling for a pittance to sustain their prestigious position in the Day Pool. End of story. Painful to see the PPS drop so dramatically in 24 hours.
Surf.....thx for trying, probably doesn't exist....too bad, would have been the right tool to compare to this year's Annual. Then we could be conclusive about progress from all angles. I sent Doc a note and no reply.
Thx Grant....your thoughts are my thoughts exactly. If Doc goes back into hiberation for one year, the PPS will plummet....and we will all be complaining until next year's report comes out with
$3 million instead of $2 mil.
Hope someone has last year's link. This can be a real motivator if we found that last year's revenue was only $ 1 million and now we have doubled + that level.....and.....made a profit, reduced COGS and showed positive net income.
Does anyone have the link to last year's Annual Report. We can then compare Revenue, Net Income, Cost of Goods...etc. And see if we are flat or trending positive....
Hey, spoke too soon, last trade .0084....bid at .0071....this is where we want to be....someone getting smart.
Unfortunately Grant, the $50 daily profit boys will always be there dragging the PPS down. They have to make their quota or be thrown out into the street and banned from the daypool.
Well.....the wimps are here dumping at .007 instead of standing at .0085....there ought to be a law against mushmen.
Does anyone have a link to the Annual Report from one year ago so we can compare year-on-year revenue and net income...?