Anxiously waiting for POSC to drop the big one!
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That is fantastic! I remember when that originally aired in 1992 on HBO. I taped it on the vcr and wore out the tape I watched it so many times.
As always Barber thanks for your very well thought out postings. I feel the same way as you, but I just needed to rant a little bit. It makes for good therapy and a lot cheaper than meds lol.
Doesn't it kind of bother you though that considering what everyone already knows to be true that this stock is not holding? I am thinking this stock must be very under the radar because crappy pink sheet stocks hold their value waiting for news that is never going to happen lol. Look at DNGN today! It is down right stupid how bogus that is.
It should be easy to do some dd and connect the dots right? I know pet scanners and radioactive vending machines are not a sexy topic that most people can understand, but this is a little ridiculous. If Positron announced they were supplying wal mart with belly button lint the stock would go up 500% for christ sake! Its all cool I am just ranting a little. Have a good weekend everybody.
Hey Dr Big,
I am guessing that a lot of people just do not understand how good the news really is. Hopefully we are right and it is their loss in the end.
Maybe someone decided to dump their shares and move to something else, as that has been know to happen on Friday's. It could also be more dilution, but I hope not. Maybe we can rally a bit by the close.
The three biggest lies ever told....
1) Check is in the mail
2) It is only a cold sore
3) A .pk stock planning a rev split and fully reporting in the next year in order to move up to a higher exchange!
Bwhahahahahahaha!
Good morning everyone. Hopefully we will have something to talk about besides food today.
Guinness draft, dry aged rib eye, mashed potatoes, asparagus with hollandaise sAuce, & strawberry shortcake for desert!
Great I love cheese!
I think you are right. Once Covidien drops their silence Positron will get their rightful day in the sun. Until then we will just slowly plug along hopefully with some small gains. We will have our day!
Tastes just like chicken! Bwhahahahahahaha
I do not disagree with any of that. However can I have chocolate covered peanuts and a Dr Pepper instead?
Bwhahahahaha!
If the dilution faucet has been turned off than there is no reason we cannot get back to +.08 soon.
If they were to move up to a higher exchange than you are basically looking at a year before a rev split. With everything they have going on I would doubt they will bog themselves down that anytime soon.
There is a joke I could make about releasing a dosage but I won't. I will take the high road.
Amazing. No matter what this company says the stock does nothing. Is it possible that the lack of trust has gotten this bad? I guess we are in for the long haul. The one thing I will say is that continued issuing of preferred and common shares has to stop.
Hey Wolf would you like to give the English language a shot on that post? I have no idea what you are talking about.
The news was so nice he posted it thrice! Hahahahahahaha
Not all OTC information is bogus per say. What is always a 100% bogus is any pinksheet stock (.pk). There are also bogus reporting penny stock companies (.ob), but not all of them are bogus. Rooney is far from perfect, but the company has done a fair job of reporting numbers and telling the truth most of the time.
Like a lot of bio r&d companies Positron has spent years just trying to develop a product nevermind trying to get their foot in the door. Just having this relationship with COV means they have gotten a lot further than most of these bio r&d's ever will.
It will take some time, but a lot of us feel they may have really hit on something with the Attrius and Pharm Assist. It does not take a rocket scientist to figure out that Cov is going to help them sell the Pharm Assist and then Positron will manufacture, distribute some or all of the drugs that will go into the machine.
I am sure they are working very hard on trying to establish a relationship with someone to sell the Attrius as well. Positron is a small company and the only way they can make it is to get into partnerships with the big boys that have the connections and large clientel.
It has to be released this coming Monday. They filed the 5 day extension on the 16th. Never pay attention to anything yahoo ever says about that stuff. The 10Q will be out Monday. I am hoping to see a small increase in revenue and reduction of debt. Hopefully there will be some other juicy tidbits. Can I get am AMEN from the congregation?
They are using carrier pigeons and as a back up a couple of tin cans and really long string. Just teasing I am bored today. Muhwhahahahahaha!
I kind of brought this up as well last night Barbershop. I am completely befuddled (if that is a word haha) about this. As I mentioned last night I think this stock is very under the radar right now. It will take some shout outs from Cov and any other potential partners to get some attention from the market. The market is looking desperately for a winner right now and they will eventually find us. It will happen though, it will just take some time.
Let me ask all of you this?
Am I the only one that would have thought the volume would have been higher today? I am not complaining as the volume was high by recent standards, but I would have thought we would have seen the kind of volume from May.
Is it possible that this stock is very under the radar? I would think the market would be paying attention as they are desperate to find a winner right now. Also is it possible that many of the people that fell victim to the debacle in May have just walked away and not looked back? I am more inclined to believe the former.
Do not get me wrong the news today was very positive despite the reaction today and I feel this will be a big win for all of us down the road. I admit though I am surprised by today. I thought we would see +.10 easy. I guess I am either stupid or naive haha.
Very good find and post Barbershop.
Thanks for more of your hit and run cluster bomb postings Sykes. You are a real humanitarian. We are still waiting to see your supposed evidence against POSC.
Sorry if someone already posted this before, but I thought it was worth reading. This is a snipet of the transcript from Covidien's last financial call for the 3rd quarter.
Covidien Ltd. F3Q10 (Qtr End 6/30/10 Earnings Call Transcript
Rick Wise - Swanson
And just as a quick followup to that, is this something that you address to try to offset and improve over the next couple of years, you address totally internally, or does this raise the greater likelihood that you’ll try to seek some technology products externally? Thanks.
Chuck Dockendorff Covidien
Sure. We don’t comment specifically on M&A. But I think what you’ve seen in the past with pharma, what we’ve done is built up a nice clinical regulatory, scientific capability. We know have a sales force in this controlled-substance area. I think there will be other opportunities to do the kind of licensing deals that will bring in new product opportunities where we can leverage our skills in those areas I just mentioned, as well as our sales force.
I like our strategy, and I think that’s where you’ll see our strategy continue to focus from a growth standpoint.
I agree. The other day I made a very good point about why the partner has not made any filings as of yet. The bashers did not even touch my repsonse so that whole thread would make it off the first page asap. Do not even waste your time over there. The bashing isn't even of decent quality most of the time.
I hear you. However I think the lawsuit was a much bigger issue to the partner than the actual debt itself. Either the deal is not signed, or was conditional as you say. This might also explain why the partner did not have to mention yet it in an 8-k or their latest 10q.
I wouldn't expect to see mention in this 8-k of how the other $4.3M in debt was wiped out. Hopefully we learn more about that soon.
The fact that they were being sued now explains a lot. Any prospective partner (especially a large company) will want all legal issues resolved before they enter an agreement. I bet the partnership is not a signed done deal yet because of this. Overall I am encouraged by this and expect better news to come this month.
Did it ever occur to you that because the deal was reworked, expanded, or changed in any way that the revised deal was not signed until after June 25th and therefore they do not have to report it until the next 10-Q in October?
I wish Buffet would just briefly mention something about POSC!
The market did act boldly the first time back in May. I think everyone will take a wait and see approach this time. The market would rather wait for news and then pay a extra for shares this time around. I suppose you can not blame them after what happened last time. Hopefully we will win in the end so I can have my Singapore sling and barbershop can have his Makers and Ginger Ale lmao!
Very good analysis Jeremy. I think you are absolutely spot on as everyone is too afraid to make a move right now.
Thanks JJ. What I was talking about was a major pullback. I hope we do not see anything like that. Sorry if I was not clear on that.
Of course if Positron can keep the good news flowing that could be death to those who try to short right away. No? Will we see a pullback? Almost certainly however I think there is a chance that it will not pullback significantly. Any thoughts?
I understand what you are saying Barber, maybe I was a little to simplistic sounding in my last post. I think I was just focusing specifically on your comments about the share structure. Obviously anyone interested in POSC will want to make sure they have their sh@t together. They obviously do not want to get involved with any shady business or characters.
However Cov or anyone else knows what the deal is with a lot of these small medical device companies. Fairly large share structure and a lot of debt. That just goes without saying for any of these small R&D's.
Now let me ask you this. If things progress nicely in the relationship (hopefully leading to a buyout) do we see the share structure being reduced before that happens? Finally you said quote: if the large company buys into the smaller companies stock, they want to see that stock go up. By any chance would that have anything to do with those 750,000 shares sold pre market two days in a row?
BTW Makers and ginger ale is a lovely beverage
Hey Barber,
Why would a Cov, GE, Cardinal or whoever care about the share structure of POSC? Shouldn't there only concern ultimately be the product itself and whether it works and is a viable product in the marketplace? If POSC crapped their pants a big company could just swoop in and buy everything for pennies on the dollar. I am not trying to be negative or difficult I am just throwing this out there.
Hopefully soon I can kick my feet up with a Singapore Sling and celebrate the beginning of a very sweet victory.
Nope I was 3 months into my retirement and got deported haha. Turns out the beer cart girl at the golf course was the daughter of the mayor of Monte Carlo. How the hell was I suposed to know?
Anyways....I am just sitting here waiting like the rest of you. At least we seem to be holding now. It will probably be like this until the end of the month.
Personally I am not obssesed with getting the lowest price possible. Basically I am taking the position that if the news comes to fruition relatively soon it is not going to matter whether I bought at .07, .075, or .08 etc. Bottom line as long as you are in no higher than the teens you will make money if we are right.
This is completely off topic, but I have to say it. If the company really starts to take off and make money then Rooney really needs to hire an IR person. JMO