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The summary of the new law said 13 days, so I would assume Monday might be and interesting day.
From my interaction with IR I believe the
revised financial statements are more to
get all their "ducks in a row" in terms of
documentation to support a move to a better
exchange. I agree with you that I don't think
there will be anything earthshattering in them,
just more evidence that this is a legit company
trying to position itself to take advantage
of the emerging Biosimilar market.
Word from IR on Financial Statements:
Expecting March 31st for revised statements, although
if they are completed sooner they will be realized.
No real clarity on why they missed their initial delivery
date of Feb 28th.
I'm with Klon, will look to add over the next month or two myself till I get to my target accumulation.
Flippers like Hack can do as they please as far as I'm concerned, just don't come in here pumping and bashing. I have been in here since the first run and have seen him post about how great this stock is and also post about it being a POS and how we are all baggies and fools for not learning how to play the game like him.
PPS jumps 16% on a 600 share trade. Comical.
beer money
New HOD
Ask is moving up
I am also in there with you guys. I am holding some at .032 that I got on the initial run, I did sell some when it was on the way down, but I have also been adding as it declined too. I just got another 45K yesterday at 0288 and my average now is in the high 4s. So long as I can I will keep adding till I have 500K, I'm close to half way there now.
Nope. I added another 40K today at these prices, which I had some more funds, but gotta work with what's available for now.
When did you go on the basher's payroll?
In case folks haven't been paying attention the MM's now have only 5 days left to cover their naked shorts as per the new legislation enacted 2/28. I would say that fact is FAR more pertinent in what's going on than the company "diluting" as you call it.
Hope it hangs down here for a day or two, I got more funds getting ready to clear.
The Monday presentation is right up the street from me, wonder if I can get in and ask some Vipro questions!?
The PR specifically stated there would be no precise details on the compensation for the SPPI deal as it was a prerequisite of the deal.
Word back from IR on the updated financials:
"Still in the process [of completing the financials]. Should have some news about that in a week or so."
I might get some more accumulated before the news hits after all!
VPRO returning to pre-runup volumes.
Volume super low today, and noone seems to be looking to part with their shares at this price.
Just email IR to try and see if they will indicate whether the financials report will be released soon.
stay tuned
GL! You sure aren't getting any of mine!
There is a 6 month hold on any transactions for that share block
I have been eagerly awaiting today and the implementation of the new trading rules. I can wait to see how it kicks these shady MMs in the junk, although they probably have some other tricks up their sleeves.
Nice find. That first article is very nicely written and highlights some great points about the potential of VPRO
I kinda agree here. The stated purpose of the update financials were to:
a) Provide transparency
b) As the next step in moving off the Pinks
I am hoping they live up to their schedule and that we can get more indication of what's the next milestone for the company on their long term goals.
As for a pps move I am torn, while green moment would be nice, I kinda am with Klon on this, that I'd be OK with some churning and moderate downtick so that I can load up the boat again when funds become available the beginning of March. I'd love to double up too and get to 500K of VPRO.
Can someone sticky the Aquisition post please?
I was ready with some powder today, but one of my other picks just got their patent approved, so the funds went there!
Will be another couple of weeks before I have fuel for VPRO, hope it is still hovering around this level.
Looking at the L2 the MMs seem pretty intent in getting it down to 04
This was discussed before, and I believe confirmed by Serge in email: This was one of the ways they cut their administrative overheads, by using a virtual office.
The guy can barely spell, excuse me if I ignore his ramblings
CSTI back with their "ask below the current price" trick once more
.058 right out the gate, and immediate bid up to .054 from .0485
Nice start, the ask is thin thin thin with .06 looming
got a feeling this might churn in the 05s for a bit as we get some beer money...I mean profit taking.
time for some beer money?
Despite my first buy being at .16 I am now at break-even with a pps avg of.0489. Soon as we slip the shackles of the .04s I will be smiling all day.
05 is on deck with a thin ask
Off to a good start this morning!
Going to scour the internet for a bit to see if there is any feedback from the SPPI presentation and anything else regarding VPRO
Conference was pretty good, no mention of VPRO as I thought, but a way stronger message than their last presentation. They have huge revenues expected this year, and two NDA approvals in the pipeline. While they did not talk VPRO directly they mentioned the Biosimilar process and the fact that they now have zero debt and 111Million in liquid assets to pursue other drug lines.
some good Q&A at the end about their contigencies if some of their developmentals don't go all the way through. Also he mentioned that although the FDA haven't fully cleared their colorectal cancer drug, they are allowing it to be used through direct request although they can't market it.
all positive stuff
Spectrum presentation about to start. I doubt very much they will mention VPRO, in fact I have a suspicion it might well be the same presentation that they did back in JAN. They will mention the Biosimilar Rituximab though which might get some interest on our wee gem.
http://www.veracast.com/bio/ceoinvestor2011/main/main_launch_player.cfm
for today's presentation.
I agree G2, my point was more that he showed his true colours. After all the crap he spouted on Friday for him to come in today with all sunshine and light is just lame.
Sorry Hack you blew whatever credibility with me you had previously with your little bashing spat on Friday.
038 EOD not soo shabby.
Not sure myself why this moved today, but after the bashfest on Friday from Hacktheripper and his cronies, I can't say I'm surprised. I knew something was in the air when they were sticking the boot in on VPRO
New HOD