I'll put my thinking another way:

Ray is doing NOTHING to avoid MULTIPLE NEW shareholder lawsuits.

In the June 2012 CC, Ray said HDY was currently trading at .80 and investors should "give us a look." He strongly implied that HDY was worth significantly more than .80 and that shareholders should hang on to their shares. Well, today HDY is flirting with .50 and many questions remained unaddressed and unanswered. Let's go Ray! Get the company out of the mess you have created.

Any by the way, where is the $10 million!?

Regardless of reverse split possibilities and delisting possibilities, this is beyond disgusting. Ray Leonard is not addressing key shareholder concerns in a public way. My average price on the 15,500 shares I presently hold is .644 - and I'm madder than heck with the stock's performance. I can't imagine what shareholders with an average pps above 2.00 or 3.00 or even higher are thinking.

Ray needs to be replaced and his staff needs to be severely curtailed. They have already succeeded in driving the pps back to 2009 levels. Great job Ray!

Let's get something straight - Cardinal Health is World Class and they didn't get there by making too many mistakes. The Lymphoseek marketing partnership between Neoprobe (long before they were renamed Navidea) and Cardinal was COMPLETE before the NDA for Lymphoseek was even submitted the first time.

Montaur bought tens of millions of dollars of NEOP stock also, well in advance of the the Lymphoseek NDA. There are many more millions of dollars betting on NAVB and Lymphoseek success than failure.

Cardinal and Montaur know what they are doing and so do I. I'm adding more NAVB at the open tomorrow.

GLTA.

The short interest decreased by 521,960 shares (3.3%) in the past 2 weeks. This should be a good sign - yet the pps has also declined from the low .60s to the mid-upper .50s in the month of January.

What the heck is going on?

Surely, HDY is worth multiples of this pps.

What will it take for HDY to see 1.00 again?

What will it take for HDY to see 2.00 again?

Short interest increases by 410,266 shares to 17,016,300. AND STILL the pps is in the 3.00 range. Amazing gamble for the shorts considering the risk/reward potential for NAVB with 5 products in their pipeline.

What the shorts don't seem to understand is that, independent of Lymphoseek, there are at least a dozen catalysts that can come from the other 4 products the company is working on. And some of these said catalysts could start the NAVB pps trend toward 4.00.

Honk if you agree.

This will not end well for the shorts.

GLTA.

TOB - Do you have any insights as to the pps action over the past week? Thanks.

Does anyone besides me think that short covering alone could take the pps into the 8.00-10.00 range at least for a few days?

I bolded "in April" because I suspect that the shorts will be given at least one more amazing opportunity to cover by then. The FDA has been in absolutely no hurry to approve Lymphoseek. Whether they should be in a hurry or not is irrelevent. The NDA was delayed twice, we got a CRL, and various other problems have stretched out our waiting until at least April. I will be stunned if we the approval one day before April 30th. Really, I will. Up until now, the shorts have had undue sway over the NAVB (and former NEOP) pps.

An early approval would change that (and behead the shorts for sure).

But my money is on buying the dips as this stock has had dozens of swings up and down since December 2009 when I first purchased it.

I believe it is a winner - but I do not believe it is time to go all in yet.

For what it's worth, I believe there will be at least two more major PRs that drive the NAVB pps upward that are independent of Lymphoseek but will not create a sustainable pps (like in the 3.50s or higher) until early April when the real Lymphoseek approval runup will likely begin.

Look at it this way - In February 2012, we got the PR about Boston office space for NAVB. The pps hung out in the 3.50 range for a few days and slid back toward 3.00 soon after.

I expect similar rising and sliding back several times over the next few months UNTIL Lymphoseek is approved.

Our shorts LOVE to play with fire, yet seem to seldom get burned. Watching the pps rise to 4.77 last summer would have driven me crazy if I were short NAVB...but then Knight Capital nearly cut the NAVB pps in half on August 1, 2012.

Fun times ahead.

GLTA.

A segment of today's trading when large blocks moved the pps both ways is posted below. What a ridiculous day.

10:35:27 0.5537 5000 NDD
10:34:47 0.5588 5000 NDD
10:30:37 0.56 200000 NDD
10:29:14 0.564 600 NDD
10:29:14 0.564 500 NDD
10:29:14 0.564 500 NDD
10:29:12 0.5532 100 NYE
10:29:11 0.5666 100 NDD
10:29:11 0.5634 100 NDD
10:29:11 0.589 10000 NDD
10:29:11 0.589 13500 NDD
10:29:11 f 0.57 100 NYE
10:29:11 0.5831 1700 NYE
10:29:11 f 0.5647 100 NYE
10:29:11 0.5604 100 NYE
10:29:11 0.5599 600 EDGX
10:29:11 0.5599 300 EDGX
10:29:11 0.5599 100 EDGX
10:29:11 0.5599 100 EDGX
10:29:11 0.5599 800 EDGX
10:29:11 0.5599 100 EDGX
10:29:11 0.5599 100 NYE
10:29:07 f 0.58 3005 EDGX
10:29:07 f 0.5614 100 NYE
10:29:07 f 0.5619 100 NYE
10:29:07 0.5535 100 NYE
10:29:07 f 0.5535 100 NYE
10:29:07 f 0.5535 200 NLS
10:29:03 0.5831 1700 NDD
10:29:02 0.5831 18300 NDD

Agreed. I'd like to see their client list updated. And given the nature of their products and various other factors, they are an excellent buyout target at 20X the current share price.

GLTA.

What a smackdown.

Tomorrow will be interesting.

I just added 10,000 HDY at .579 and further down it goes...

I almost think we'll see another 50,000 shares trade at .018+ before the close.

Let the good Lord hear ya!

Today's trades:

14:26:35 0.018 3000 OTO
13:17:13 0.018 38000 OTO
13:17:00 0.017 10000 OTO

It sure is starting to look like a run is starting...GLTA.

1/23/13 HIGH .62

1/23/13 LOW .60

VOLUME 608,072


Am I good or what?! LOL.

Thanks. I hope the link I posted earlier today was at least mildly useful to longs. Still watching...and pondering my entry point.

Thanks. I hope the link I posted earlier today was at least mildly useful to longs. Still watching...and pondering my entry point.

The article is from December 14, 2012. I just saw it last week on another board that I routinely post on:

http://investorplace.com/2012/12/7-stocks-that-should-reverse-split/

All of you want ZNGA to go up. Fine. As an outsider looking in, can someone explain why it has trended down so much over the past 6 months? I'm not sure what to make of a stock that trades more than 10 million shares a day in a range like 2.43-2.47.

I'm considering a starter position, but would like to hear the perceived downside of ZNGA from those on this board. I read an article that listed 6 stocks that would benefit from a reverse split and ZNGA was among them.

Thanks.

GLTA.

I expect the .01-.019s to be completely sold out at some point and JADA start trading in the .02s. Someone wants shares and with ASK size typically so small, I suspect that the real resistance is in the .02s or .03s.

I think a combination of three things happened yesterday:

1) Longs added along with Lord Owen

2) Short covering

3) New investors opening positions

And the more I think about it, total volume today around 1,000,000 shares won't surprise me. Perhaps news is imminent.

One of those 5,000 shares buys was me. Nice volume without a PR, though I keep in mind that the pps only hit .65 on the day the finalized deal with Tullow was announced. Tomorrow I expect a high of .63 and a low of .59. Anything out of that range with real volume will surprise me. Painted closes at .68 won't count. LOL.

This is exactly what I am expecting before June. There is too much BID action for this stock to be dead and always fewer shares on the ASK than the BID (a very good sign). We have a large holder of 5 million shares (Anna Brnadt) who perhaps knows significantly more than we do. The share count is only 80 million shares and imo, it won't take much buying for JADA to see .05 for no reason - and a filing at long last gets it back toward .25.

GLTA.

Why did this company even bother coming out of bankruptcy in 2010?

This is disgusting - and it's about to the end for real in a few weeks.

I have been watching the ASK decline from .015 to .014, .013, and now to .012 in the past 8 days. .01 will be quite tempting for a very inexpensive average down. There is still a large bid at .01.

Who wants the shares...and why?

I sure hope so, as any rig will represent a vast improvement over the Jasper Explorer. An update about when a drill just might be entering the water would be much better than the current "no later than April 2014" vagueness. Shareholders deserve better information.

Moreover, I would have expected more than a .02 increase in share price today considering Tullow's solid announcement.

All I know is that I am not satisfied with the current share price and the lack of specificity about when a well will be drilled. I am not satisfied with Ray Leonard's comment that HDY should be a "$30 stock right now" when the stock looks like it could hit .30 with little effort. I am not satisfied that $10 million is gone with no explanation. I am not satisfied that somehow, Ray Leonard is still at the helm after hitting one iceberg after another!

Who cares what Ray is satisfied with. 1.00 for our share price seems like oceans away.

I agree that JADA may have a similar run in 2013.

Someone is buying and there is often a large buy order in between .008 and .011.

The stock is still trading in 2013. Some china plays like XING and dozens more have stopped trading altogether as early as 2010. I like to think that this means something in favor of JADA.

Thoughts?

I like this stock and I have made over $30,000 trading it since December 2009. I believe Lymphoseek will be approved, but I also believe the shorts will starting banging the price down (albeit to their own eventual peril) within 8 trading days of the next milestone (most likely the partnership being mentioned on the Oldtimers Board).

Too many times, the price of NAVB has looked like it was going to soar up, up, and away yet unforseen factors stepped in like Martin Shrekeli, Knight Capital, the Sulfur Colloid Approval for Pharmalucence that July that came at 3:30PM, the 90 day NDA filing delay, and the CRL are just a few that come to mind immediately. Because of these five negatives and numerous others (that have no bearing on the eventual approval of Lymphoseek and solid company with great management) I have done well trading NEOP and now NAVB.

I do not believe for one second that the shorts are quitting anytime soon and are just going to sit back as the European partnership looms - but I believe they will find a way to hold the pps under 3.00 once the pps run comes and goes from the partnership. Time is not on their side the way it has been up until now because of the various setbacks. When the pps hits 4.00 for any reason though, the shorts are in real trouble imo - and at 3.00 they are already down on the million plus shares that have been shorted since August and September. This will all be very fun to watch into the coming Spring, but so far, the FDA does not seem to be in a hurry to approve Lymphoseek and I will enjoy trading gains (thanks in large part to foolish sellers and determined bashers) until approval. A buyout would create a legendary short beheading. Stay tuned.

GLTA. Anyone else keeping money ready instead of going all in now?

Congratulations to VMGI longs. For those brave souls that bought under .005, the rewards are huge.

GLTA.

Congratulations to VMGI longs. For those brave souls that bought under .005, the rewards are huge.

GLTA.

I added 10,000 shares today.

5,000 at .605 and another 5,000 at .59.

If I can't make money on these shares, we are all in trouble.

Happy New Year and GLTA.

And I saw buying come in at the end of the day today when it looked like another 2.70 or 2.71 day at the open. This stock is poised to move up in January 2013 just like it did in January 2010, January 2011, and January 2012.

Cheers!

I expected some short covering today once the news was released.

Good post TOB. I can appreciate the idea of only looking forward instead of looking back, especially looking back too often and in a negative light.

Putting all of my recent negativity another way, I hope Ray delivers something in the next 6 months or the future share price may become ever more bleak. I hope I am wrong.

Happy New Year and GLTA.

If anyone here is happy with .5962, please chime in and say what a great job Ray is doing. Who knows what the future holds? I do not. I hope the share price is many multiples higher than where we are now for the sake of every shareholder. The shorts should have covered by now and I find it mildly encouraging that the short interest recently showed a sizable decrease.

All I know is that many loyal longs with an average cost basis that is 10 TIMES HIGHER THAN THE CURRENT DISGUSTING PPS ARE HOPELESSLY UNDERWATER. I hope for yoursakes brchad and adct34, that you two are not among the worst hurt by Ray's incompetence and COMPLETE DISREGARD for shareholders.

With Ray Leonard's resignation could come a 1.00+ pps. Think of it Ray! You could make money on that last $400,000 insider buy! Step down now! Do us all a favor!

Thanks Serf. Good luck to you in 2013.