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Good steady volume here...Three nice blocks of 2,000, 3,000 and 8,000 shares. Someone wants in.
Thalio,
I hope your seat belt is fastened, and your barf bag is accessible...
Thalio (Percywhit),
So you agree with Arnold on his three points. I guess that's why we are trading 20 cents off our high of the last few years, and almost double the price of last December. Two major companies have jumped into bed with CYGX. It is logical to expect others to follow. My prediction is you will not be posting on this board anymore, sometime after the next few weeks or few months, as you will find it harder and harder to bash with any credibility (not that you have any now), as the share price continues to improve. Unless you resurface under another name...
How about groups in concert with MM's? Absolutely...
Call the company...They will be happy to answer your questions.
Muzicmen,
Thanks for the TA pieces. Trading toward the end of the day on Friday was very interesting. About an hour before the close we fell a few pennies and had one bid at $1.30, as a small flurry of sells came in, and it looked like we might fall below it. Almost immediately orders came in and we finished real strong, especially in the last 15 minutes or so.
With the Annual meeting so close, and because we have had very little news for some time, I would expect news next week. My guess is we could pass the old yearly high, which I believe is $1.56.
By the way muzicmen, I used to be a great organist...but then my monkey died. (Old joke...Sorry).
Stock closing here on a strong note!
Stock perking up here... Looks like next week could be interesting.
Yada, Yada, Yada.....
MM's took the bid down on virtually no volume compared to the buying we saw all morning. They, for the moment, are in concert to keep this down. Smells like something big should happen soon. IMHO.
One offer at $1.31. Next offer is at $1.35, then $1.37. They are trying to make it look weak.
WAWH,
Not so quietly...
Here comes $1.35.
Let the assault begin...
Looking better and better...4 bids at $1.30 now. Pop coming? I say yes.
Someone clearly accumulating here. News must be coming soon.
Appears IMHO that we could mount an attack on the $1.35 temporary lid.
There's a buyer out there this morning. Good volume for 20 minutes of trading. Looks good here.
Hanuman,
Great post to keep the board honest. Remember, GE wants to dominate any field they get into. Can you ask for a better partner?
You are absolutely right "Your Paulness"...Should see $5.00 well before the year is out.
Wawh,
With the shareholders meeting coming up shortly, we should see an announcement or two ahead of it. Stock does look very strong here.
Taton,
Thanks for the recognition...Hang in there. Best is yet to come IMHO.
Houndog,
You are right on the money...CYGX is in the catbird seat...The big guys must be knocking at their door.
My prediction stands at at least $5.00 by year end, if not sooner.
YA, Where is the lower bolli?
Batten down the hatches...
The blizzard of 1888 was preceded by a forecast of flurries...Volume just picked up a bit in a flurry of buying...That's all...
It's beginning to snow...
Waterhouse bidding 1.28.
We have not had a PR for some time. Last time they came in clumps. We are due, IMHO.
Kanc, and those fixated on this 144 stuff...Don't get your collective bowels in an uproar. Sure shares were sold cheaply in the past. They had to be. They must be discounted to the market because they are restricted for at least one year. With the stock trading in the 30-50 cent range for years, PP stock had to be sold below 20 cents. It is not uncommon for young biotechs to have hundreds of millions of shares outstanding because of the lengthy timeline for getting products to market, and the need for steady capital flow. Of course some shares bought years ago were sold into the market between then and now. While we are probably in the 150-170 million outstanding share range (fully diluted), it is not as important as coming up with a breakthrough product (synDNA), or a stream of partnerships, collaborations and contracts. The market should, and will run with these types of announcements, which we are already seeing. I would bet that anyone who bought private placement stock over the last year is quite content to sit and watch the company pick up steam going forward. With the stock at its current level, and probably going higher, the spectre of additional significant dilution is gone. Private placement shares could now be offered in the $1.00 area. We are in an exclusive club now - a biotech on the verge of revenue generation! Is there anyone here that does not believe that a big Pharma would love to have our synDNA as part of their arsenal?
My guess is news is coming and the MM's know it. Trying to shake the weak ones out prior. We saw them shake to 72 cents before the flurry of news in December.
Seems to be firming here.
NEO Give it a break. You said "years before it reaches its true potential". You're right...But by then it will be $100 per share. Should an investor be unhappy if it only reaches $5 by year-end? Oh...Only a triple or quadrupe from here. I trust you have identified other investments that will return more. Please share those with us as you seem to feel this "won't reach it's true potential for years". If you are so negative, why not find another pasture to lay your cowpies?
Overall markets tanking not helping our cause here...
Starting to pick up nice volume!
This has all the makings of the calm before the storm. Day traders seem to be adding their 500 share pieces here. Light volume, but bids firming. JMHO.
The share price has indeed exceeded their target of 1.40. We could and should see an upward revision. I would expect that after the next synDNA contract announcement.
Tibb,
I did noy see updated PPS targets in the Dutton update. Did you mistakenely see the "Price: $10" item, and think that was their new price target? That is the cost of their report...
EP, You are right...We have not seen a real pullback since we hit 77 cents. The stock looks like a monster here. Strong finish today augurs well for tomorrow and next week.
CYGX came down late yesterday on very little volume. This pattern has been seen in the recent past, just before announcements, for some reason. As I said in a previous post, this company is capable of making announcements at any time on a number of fronts they are working on. Any dips are buying opportunities...