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They (IR) emailed me back once and ignored me once. The good Dr. has not emailed me back at all.
Meantime, there goes that .015 support... either we get a spring up from here or the range stops tightening. imo we needed to hold .017 to continue the pressure on .02. Maybe I was wrong and we just needed to fall below to spring back up, but I think needs to go lower for that. Funny how this morning I thought .014 was attractive and now I do not.
It certainly makes the patent agreement seem worth a whole lot more than I thought. Some kind of partnership brewing?
Better yet (?) - Capins' dream comes true and IBM acquires LVLT. hmmm...
What concerns me is that this started out at .51, then quickly 1.28, and no matter how much good news they reported, now matter how small the float and OS remained, the PPS sank steadily to .0095 in under a year. Now that it's been back up to .021, it continues to sink, on a small float, even as the news gets better and better.
Also of concern is the sneaky way that over half the float traded in off hours. And how those trades would have changed the way the days played out.
That, and when you think about dilution, remember that 1.7M shares is 10% of the float - so significant dilution would not show up as an amazing number of shares... they snuck in over half the float in a month... was that dilution? Nobody knows really, bc there is no way to find out.
As for everyone loving the chart, that should stop soon if it continues trading as it has this week. the momo is being sucked out of it as we speak.
I've wondered about that before but wouldn't be another month before any restricted began to come due? They didn't start trading until the very end of April 07.
And why would they convert their restricted shares at .01 - .02?
Also, aren't there new rules about converting restricted?
You also have to wonder about how they paid/are paying for things, like the acquisition they PRd, but I'm sure there would be a big PR about that deal being closed.
At .02 the entire float could be bought up for a little more than the value of the contract they PRd today.
I agree they are probably not diluting; but 1M shares is >5% of the float. Proportionally, that is pretty big volume imo.
Oncology Med Executes Its Second Contract for Its New Prostate Cancer Brachytherapy Program With Ambulatory Surgery Center Located in the Northeast
Contract Projected to Be Worth $ 300,000.00 Over the Next 12 Months
Mar 20, 2008 7:05:00 AM
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PITTSBURGH, PA -- (MARKET WIRE) -- 03/20/08 -- Oncology Med, Inc. (PINKSHEETS: ONCO) announced that it has executed its second contract for its new brachytherapy program with an ambulatory surgical center located in the Northeast. Brachytherapy is the treatment of prostate cancer through the implantation of radioactive seeds. It is projected that the contract will add $ 300,000.00 of revenue over the next 12 months thereby increasing the Company's run rate by 15% over that same period.
Dr. William J. Walker, chairman of Oncology Med, Inc., stated, "I am extremely pleased with the execution of our second contract for our new prostate cancer brachytherapy program. As we mentioned in our press release dated February 12, 2008, the new rules and changes made to reimbursement policies for ambulatory surgical centers by the Center for Medicare and Medicaid Services will increase the demand for our services to these medical facilities. This second contract is an additional endorsement of the tremendous opportunity available to us and I believe there will be several additional contracts we may enter into in the near future."
About Oncology Med, Inc.
Oncology Med is a public company engaged in the fulfillment of services related to the treatment of various cancers. It currently provides analysis and design of radiation treatment plans in order for radiation oncologists to administer radiation plans to cancer patients. Current services facilitate radiation treatment programs ranging from external beam radiation to more advanced radiation treatment technologies.
More information about Oncology Med, Inc. can be found at www.oncologymed.com.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results.
For information, please contact:
Oncology Med, Inc.
Email Contact
4 day downtrend. 3 of the last 4 days were UP days. Regardless of the forces moving it down, the trading is moving it up.
Maybe soon the Up days will start an UP trend!
Hold a pinky for 18 months? Mister, you're a better man than I.
If you held here since it became Oncology Med last May (OK, so it wouldn't be 18 mos), you'd need .50+ to get even. From down here you only .035 for a double.
Not saying there isn't great potential here now, but it is still only a pink. I want to make sure I take some profits before I stay in anywhere near that long.
No doubt about that, but they say it's under control. Recent filings indicate the company's desire (or willingness?) to be and to remain transparent.
Maybe they should move to a new TA. Anything they can do to improve IR and perceived transparency should help the PPS. Heck, just meeting Pinksheets requirements got them a double.
If you read the last para in your msg., you may wonder if this was written before the IBM green optical network release was published.
Clearly that new-fangled IBM hardware will blow through any bottleneck limitations imposed by current hardware. Software be damned, what's next for software, how to compress 8TB/sec into 64TB/sec? That is just conceptually too big a number for me to know what to do with at the moment.
8TB/sec!? Holy Freakin Moly! Someone is gonna make a ton odf green on that.
What makes it green anyway?
How does it work on the web? You'd need optical cable hookup (and the optical computer!) to get anything remotely near that kind of throughput on your downloads. That would just be sick. A great way to clog up the wires, this would sure get LVLT going if their R&D team can team up with IBM.
Technically? Maybe. Fundamentally? LOL! These "legal" docs are such a joke. Or perhaps a convoluted mess would be more accurate. But that is par for the course here, that is how they brought the PPS to .095 in the first place.
Then we have loads of believers, defending it after months and months of falling pps and rising ambiguity. Do they have the funds to bring AURC out of the downtrend? Will they really pump more $$ into the company that has shrunken their portfolios so much in the last year?
When I asked the other day why AURC was up 40% in one morning, I was told "because AURC is a great stock to hold". PPS was promptly returned to the penny it came from. So maybe they will buy that much.
I think $250K in steady buying would bring it up to .025 or higher without much problem. But watch out for the sellers, there will be loads of em.
I see nothing material here and the horse looks too dead to get up and run.
.022 - .025 seems possible but not likely.
...Could have something to do with the lack of interest...
Was that 195,000 at .015 a buy? I'm betting that mirrors higher after the bell -Haw!
The chart is starting to go the wrong way again. RSI losing its momo, A/D tipping down again and MACD about to turn (-).
News, buying, some interest... shouldn't take much to move it up in a hurry. But where is it? My patience is wearing thin again.
LOL! $537 took out .016. I find it hard to believe that the resulting 137,000 @ .015 were sells. Esp. since L2 moved to .016 x .018 immediately after.
Buy the Ask folks!
You set your sights low on what will make you proud (heh heh!)
LVLT now $2.03; this is above some analyst targets. Now do they start giving upgrades because the stock is beating their expectations - or downgrades since the stock is as high as they thought it'd go?
And does it last a few days or is it more enduring?
Agreed! They skipped it once on another low volume day too. Soon after that, they made their PS compliance and stopped doing it for a bit.
Nice low volume day, could be good for the charts, gave all the faster indicators a breather
A/D has been nothing but Up for a week and is now at (-2.6M), still on the wrong side of 0 but a high not seen since Sept. 07 when the PPS was .10
imo, move A/D into the (+) range and watch the PPS fly. That should take about another week at the current rate.
Shucks and I almost sold all my other stocks and dumped every penny of it into ONCO! That would have had me chasing my own $$ up!
I'll be waiting for the mirror of the as-yet undefined 15:51:21 trade ... I'd expect it to be around 90,000 shares unless the volume was too low to pull that kinda crap today...
That 194,000 @ .02 (the one from 15:55 yesterday that didn't print until after the 16:05 mirror @ .019) would have sure helped take out the .02s!
We'd have .02 on the bid by now... what's holding things back?
But just think of how close we are to the analysts' new price targets!
(insert sarcasm here)
A screenshot of your L2 at 4:29 would have been good too - then it would have shown the 16:02 trade but not the 15:55 trade. Funky is the only way to describe them.
The curious thing about yesterday is that the trade was for only 25% of the total volume as opposed to the usual ~33%.
Although it was ~33% of the days volume before the funky print. Once could only imagine what would have happened if the 194,000 @ .02 printed at 15:55. It would have taken out the .02s for sure. It may not have filled completely and the buyer (or the next buyer) would have had to chase to .022, which was next on the ask. Woulda made for a 10% higher close...
That's a whole lotta volume traded like that since 1/28. More than half the float.
If you look at this how many times this kind of thing happened (at least 22 times since 1/28), the potential pps could/would/should be much higher than it is right now.
And we thought they were done with these games.
3/17 - 15:55:24 - 194,000 - .02
Approximate Totals (from 1/28 thru today with no data from 2/7 - 2/12):
- Total Actual Daily Volume for time period = ~36,700,000 (up from 27.4M last time tey did this on 3/5)
- Total Shares Mirrored = ~9,858,500
-%of volume = ~27% (down from 35% last time they did this on 3/5)
-% of float = ~56% - (based on 17,612,879 float)
- Total Shares Involved = ~19,717,000 -- now more than 10% of the float.
3/17 - 16:02:12 - 194,000 - .019
3/17 - 15:55:24 - 194,000 - .02
3/5 - 16:09:30 - 850,000 - .0118
3/5 - 15:57:33 - 850,000 - .013
3/4 - 16:04:57 - 750,000 - .011
3/4 - 15:59:33 - 750,000 - .01
3/3 - 16:04:15 - 313,000 - .0165
3/3 - 15:36:21 - 313,000 - .016
2/29 - 16:03:24 - 964,000 - .0143
2/29 - 15:58:36 - 964,000 - .018
2/28 - 16:09:24 - 170,000 - .011
2/28 - 13:29:18 - 170,000 - .015
2/27 - 16:04:27 - 77,000 - .0128
2/27 - 15:43:51 - 77,000 - .012
2/26 - 16:01:36 - 340000 - 0.013
2/26 - 12:28:09 - 340000 - 0.015
2/25 - 16:05:51 - 113,000 - .0135
2/25 - 15:42:33 - 113,000 - .014
2/22 - 16:05:03 - 171,000 - .014
2/22 - 15:07:27 - 171,000 - .014
2/21 - 16:10: 33 - 170,000 - .015
2/21 - 15:59: 48 - 170,000 - .015
2/20 - total Vol only 5,000 - no funk today!
2/19 - 16:10:30 - 936,000 - .016
2/19 - 15:39:27 - 936,000 - .015
2/15 - 16:01:15 - 185,000 - .016
2/15 - 15:37:00 - 185,000 - .016
2/14 - 15:55:36 - 378,500 - .02
2/14 - 16:07:09 - 378,500 - .019
2/13 - 14:56:33 -- 406,000 -- .021
2/13 - 16:09:51 -- 406,000 -- .0215
2/7 - 2/12 = missing data
2/6 - 15:53:33 - 131,000 - .023
2/6 - 16:04:39 - 131,000 - .023 T (F)
2/6 - 16:03:24 - 131,000 - .0234 T (XF)
2/5 - 15:59:54 - 550,000 - .027
2/5 - 16:06:24 - 550,000 - .026 T (F)
2/4 - 15:56:36 - 437,000 - .028
2/4 - 16:04:27 - 437,000 - .03 T (F)
1/31 - 15:59:45 - 221,000 - 0.034
1/31 - 16:00:15 - 221,000 - 0.032 T (F)
1/30 - 15:46:07 - 400,000 - .0368 15:46
1/29 - 15:55:48 - 1,522,000 - .037
1/29 - 16:15:12 - 1,522,000 - .0359 T (F)
1/28 - 16:03:57 - 580,500 - .0348 T (F)
1/28 - 14:58:xx - 580,000 - .038
194,000 at .019 after the bell.... are we on again?
L2 at close was .017 x .020
Who bets the 16:02:12 trade for 194,000 @ .019 prints again, in the L2 only, with a 15:55:24 timestamp at .02?
I shoulda known after seeing the opening trade of 11,100 mirrored at 09:37:39 for .018 and a nice below the bid .016, same exact timestamps.
ONCO is now in a position where the MMs are waiting for some bidwacking fool to come and buy the .017s so they can bring it down on buys.
Meantime, if someone would buy .02 the ask would move to .022 and the bid would likely come up to keep the pressure on the buyers of the ask.
Looks like an .02 close, which will be enough to move the chart ahead. SS getting very strong, RSI strengthening too... a slow and steady strengthening of the technicals ... when this runs it will really run!
Today you have to figure that the best stocks will come up significantly from where they opened and the pig dogs will stay down or close lower.
LVLT on the other hand... although some are sure it is a pig, others are sure it is not. In short, nobody can tell what it is and of course it only opened slightly down and is so far moving slightly sideways to further perpetuate the myth of its ambiguity. Clearly it is down down down and just waiting for a rescue or turnaround, risky is thinking it will come right away. Long term I'd call it a hold, short term I'd say fish for a bottom play or stay away.
And yes, Eby has been a big buyer of LVLT for a long time now. It would be nice to see everyone in the organization buying like mad at $1.70 levels.
Maybe JPMorgan will acquire LVLT for .11/share!
That'll help!
I agree on that! The average shareholder IQ has been uptrending this last week or two.
...still trying to plot that in a chart... the IQ Oscillater, I suppose it would oscillate from overdumb to oversmart. Wait til ONCO moves into the genius zone, anyone who did not buy when it was overdumb will be sorry! (and presumably stupid)
Interesting points you are making about the big catch-up trades.
That's some good stuff there. It is what seemed to be happening all along, but the market has reacted unfavorably. How long until the market wakes up?
Why is AURC up 50% today? And who the heck is buying??
What has changed since their lame attempts at convincing people they aren't scamming everyone who has ever given them a dollar?
Bear Stupid Sterns! :) I like that.
Somehow I did not notice the Jefferies downgrade the other day. $2.25 target. Woohoo!
oh brother
they should change the name & ticker to LVLZ... Level Zero
Eby's got faith!
But I have to say I wish I read that integration interview article months ago.
A smallish Intraday pop is possible (.10 - .12 I guess) but the daily chart still points down. If there is enough substance behind the pop it could turn the daily up - but if 1.78 does not hold, wait for 1.60s (or at least see how it gets to and handles 1.70). The bigger picture still has $1.50 painted all over it.
L2 ready to move and A/D is moving up again - good sign. Need to close green today - or at least with +A/D imo to keep the momo going. Upward momentum has been nice for a couple weeks and chart has really been moving into position to kick some arse - but momentum has been slowing this week... get us to .02 or better, get us some more volume, things will be looking even better, real fast.
1@ .0155 x 1 @.018
3@ .015 x 1@ .019
1@ .014 x 1@ .022
1 .0125 x 2@ .023
1@ .012 x 1@ .024
1@ .011 x 1@ .028
1@ .01 x 1 .0285
2@ .009 x 1@ .029
F is at a 16 Year Low! Is this a 10% drop bc they are selling even more cars in Europe or bc they are part of a financing deal in Japan?
Starting to look very attractive. Or very scary.
Eturd does that fairly often with pinkys. I've heard about them doing that for at least the last few weeks on ONCO. You have to call in your buys (and sells?) and they are supposed to charge the same commission as though it were an online trade.
Maybe if you call they will tell you why. Usually something about how they noticed unusual activity etc. Maybe they are short ONCO... heh-heh.
That said, I've had no problems buying ONCO through Ameriturd. I also opened another trading account at Rushtrade to get around some of the issues Ameriturd gives me with buying or selling pennies, playing splits and the like. I think interactivebrokers and a few others will give you more flexibility than the major online retailers.
LMK what happens.
BTW - someone on ONCO board keeps calling out WNRC... chart looks worth a peek...
It is not marked out of sequence. Last time they did those I thought they were letting preferred traders get out above the ask before the take down. Who knows, maybe they were selling to suckers who thought they could bring PPS up faster by putting in limit orders above the ask.
Last time I *remember* noticing trades like that in ONCO was on 1/31. 187,000 at .035, which was outside the ask by a level or two (and I think a good bit above the previous trade). Which is not to say that was the late time anything like that has happened here since then.
I recall a few big trades well above the ask happening around that time. They started with a few of those, then started in with all those giant AH mirrors. The first I remember really noticing that AH crap was 1/28.
Again I missed the afternoon trading today but it looks like there were no manipulative AH prints.
That or the fact that he wacked the target from $4.50 to $2.00
However I am more of the mind that the "recent management shake" up highlights and end to continued operating challenges. At least I hope it was their nice way of firing him while allowing him to keep his dignity. They shoulda fired him last October, pps would be a good $1.00 higher right now.
I think the question is: Why hasn't this been running for a long time already?
Oh Yeah!! .021 is up next --- woot woot!
It is not so much that they were mirrored as they were mirrored at different prices and the last trade during normal hours was not printed until well after the AH trade printed.
Anyway - it seems I am beating a dead horse as there has been none of that here for days!
Thanks for the info Mr Evil! :)
Holy Macaroni! Upgrades already? The sad thing is that Janco also upgraded them last Feb. ...
But I suppose that since they were so wrong last time it can only increase the odds that this time they may be right?
In 2005 there were two weeks where 1.55 - 1.58 was the low.
Of course LVLT has broken thorough all past support to get down to this level, so 1.55 may be just a thin veil of smoke. I would like to see it successfully tested - and more than once - since it seems most support levels that were tested produced a bounce, a retest and subsequent failure.
Just keeping the doom and gloom alive :)
Thanks. Thing is that there has been a system here that, for about 21 trading days in a row, would not show the mirrored trades in the T&SQ. What they did, which they stopped doing on 3/6 ( I missed yesterday entirely so was unable to check for myself to see if they started it up again) was this:
They would mirror the last trade of the day, which was always about 1/3 of the volume of the day. BUT they would not print the last trade of the day - until after they printed the AH mirror of it. And the last trade would never appear in the T&SQ so the only way you could see it was to be watching the L2 after hours, where both trades printed. (also both trades were at different prices). They did this with about 1/2 the float.
You can check on my posts here from about a week ago, for example post# 2155 lists them all and #2159 is a very brief explanation - there are others that explain it better...
Since that kind of trading has stopped, ONCO has been much stronger, much more stable and gotten much more interest and attention from other traders and investors. Looks like it is getting rrrrready to rrrrrrumbllllllle!!
GLTA