is a 'Troll-Dad'
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There is anemic buying today because the name change and RS have been announced. No one wants to be stuck trying to flip this, well, if that was even possible anymore...which it isn't.
Business and expansion is very real. Hodges, IR, and Finance 500 are very suspect and hard (impossible?) to trust. Even the new board member who dropped 3 million has questionable yelp reviews on his past business venture and current business venture. Think "fix and flip" when it comes to that guy.
The buying you're seeing is probably from current investors.
Good to see you back!
Yup. It is an unfortunate situation. And the supposed silence before the rs was broken by another weak and unimportant expansion PR in lynchburg. Not happy, but not out of hope, as I'm still very green here. Still, it will probably be shorted after the rs if nothing of importance is pr'd, regardless of how much expansion they are undergoing.
Same. The day this actually had volume and touched .0002, I was on the road and couldn't sell. It's just been dead as can be ever since.
Nope. Kind of ridiculous at this point. Has never taken this long for me before.
I'm so sorry to hear this. Having lost half of my family in the past five years to diseases and cancer, I know how you must feel. Take some time away from the hustle and bustle.
My shares are still not converted (thanks, etrade!) and I am less than pleased at watching this tank below the RS level and be able to do nothing. Win some, lose some. But this is not nice.
Nice to see this trading even just a little bit today.
There is nothing to support the dumping of shares right now. And people are in much higher. It is a classic Mexican stand off.
Integrity IR is based out of a residential house in Las Vegas. Guys are probably watching cable when not putting out amazing news for CPSZ in this 500 billion dollar market. Oh 500 billion dollars, did I say five-hundred billion dollars enough? Yeah, you get my point.
We need info on when the RS is happening and the name change will be finalized. I can't believe they even released this PR. It's just a waste. Zero volume. Can't say I'm surprised in the least. Buyer AND seller fatigue is rare on the otcbb, but it does happen in unique situations like this. It is the, "I might miss an amazing run here based on x, y, and z happening. I'm down big right now, but I've got time." kind of thinking.
ARNA just wants to keep going green...
Big blocks keep coming, too. Up during lunch: check. Up on a down day for the market: check. No news: check. Yup, unseen territory here.
Minor breakout now...
Sure seems that way. If this keeps up, 8 is not far off.
Huge loading going on right now. I've seen three 100k full blocks earlier and another 150k full block at ASK just now. Not the usual 100, 200, 500 block trades.
Some pretty wild trading today. From down 16 cents to up 3 cents in 45 minutes. Good times.
Great ARNA day here today.
Someone is loading up...
Good, it seemed like a farce. Thanks!
well, considering their r&d expenses were 18 million this quarter and belviq revenue was 1.3 million, without the milestone payments there would have been a loss this quarter. losses arent a big deal if there is continual improvement in sales over time. its normal for a company like this. problem is, it will be perfect fodder to keep the pps depressed in the short term.
That, too.
Imagine if we had missed the expectations today. Heck, imagine next quarter when we go back to making losses. Today was the day to gain some ground.
It makes me nuts, too. Just seems like every CC is a disaster. I read the PR this morning and just rolled my eyes. Already saw the writing on the wall in pre-market. I guess its time to wait for the numbers to build up and just watch the rest of the stock market pass us by.
To think this would be valued around the same as after the positive ADCOM last year at this time this year, is just hilarious to me. But I do understand that we have to be valued based on the fundamentals, and the nay-sayers are surely beating the, "belviq is a flop" drum pretty hard, so its no wonder we are where we are.
I read something somewhere that said that Taiwan might take the FDA approval documents verbatim and grant initial marketing within 7-10 days of receipt of the NDA. Whether or not this is true is not for me to be concerned with, but interesting none-the-less.
Best of good buys to you!
Well, you were right...this certainly is different. When did earning .18/share, albeit for this quarter and probably not for a long time after until sales ramp, mean being inline with expectations? I thought the best expectations were in the .13-.14 range?
Have to just laugh here.
Back below seven. Man. Rodney Dangerfield stock limit reached.
Fives are fully filled. Look about below. eom
Who knows. It's anyone's guess how this goes now.
Kind of like the "one cent by Friday for sure!" posts and "the Hodge's definitely want this about 3, 4, 5 cents by the meeting for that immediate RS!".
All just speculation. And no word from the company has this selling off as many expected. Will hold here...but nothing to talk about until more info is forthcoming from management. And not just news of expansion...we already know that.
Here go the millions at .005~ alllrriiiighht!
Right? Sure seems like .02 was the golden get-off junction. Go figure. No audited financials. All the PRs are now in the hands of Finance 500. So, yeah--- in the land of momentum and crazy and fast PRs, we are dead in the water and the interest is clearly elsewhere.
Those 6 million shares at .005 might just hit today if this keeps up. Which it mostly likely will.
Waiting for news of anything now. Lawdog is the PR person at this point. It would be one thing we knew they were sitting around doing nothing, but it surely is another when there is tons going on and the momentum (and trust) has been killed for the stock.
Better days ahead...
400k shares at the 10k ASK of .0065....
1.19 million at .0063 between the spread buy in cash just now.
2 million shares bought at the ASK.
Great news today! Another $2 million goes into the war chest and more money upon approval like the South Korean Ildong deal. Patience, patience, patience...it's gone!
Question is this: would they bother pre-split, or just go quiet until everything has settled?
Well, we have a pulse now...big buy on a bigger bid.
Everyone knows there is growth here, but with the RS on the way and with no one exactly sure when it is taking place, there are simply other places to put money at this time. Meat and potatoes news is what we need at this juncture.
Someone is slowly chipping away at the ASK today. Nice to see, considering the lack of interest...which is to be expected at this juncture.
It surely seems like that's what is happening at this point in time. They know all too well that many investors got shares for waaaay too cheap @.00 and .000 per share. It makes sense, unfortunately.
I'm hanging in there. It hasn't hit my average of .0017 yet. I still love the business. But their credibility has taken the final hit with their latest audited financials miss. Really embarrassing to admit they couldn't afford it the whole time and hadn't even started them. Other than that, business as usual.
Yeah---you're right. And I'm confused. Originally it was a 1 for 10 on the 1 billion AS. Now its a 1 for 20 on the new 2 billion AS. Wasn't it essentially pointless to double it to 2 billion? Why not just over a billion for the shares to be issued? Which are 118 million now, not 124 million as posted on the meeting notice.
Or am I missing something here?
Was going to say the same thing. Looks like whoever wants that 5.7 million at .004 might just get it here sooner than he/she thought.