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All green buys today so far
We know the math already, 36.1M cash - 15.1M debt(which they already paid) =21M minus operating costs for 2.5months, still hovering near $1/share. The albumix is bonus money after that which is what we all are waiting for those numbers plus what's actually in the bank and a update would do wonders I think. As for $2-$4 I think the guy is just looking at the chart and hoping for the best. I do not have such PT's I'm holding for $1+\- but I always watch the action.
Watch NSDQ and EDGX on level2 puff the ask up to scare out shares, I always enjoy the show
That's exactly why I doubled down, big money coming up.
I* freaking autocorrect lol
How bout u double my position long and u suck a bag of take a guess
No, $36.1M end of Dec 2015 - debt $15.1M =
$21M cash
$21M cash divided by 19,640,000 outstanding shares =
$1.069 per share cash
They sold medical technologies for an unknown amount of money that MAY be disclosed in ER's.
They could get a portion of revenues but let's be realistic that's NOT going to be represented in ER's.
For me this play is easy math, we are trading at a large discount to cash in hand this could just get bot up for that reason alone. I think ER's could be the eye opener to what's actually in the bank that the pps should reflect once numbers are in front of people's faces.
Any good news out of the company will send this flying imho, could be this week? Volume certainly is abnormal which I like very much. Good luck and get ready to make $$$$
Very nice legwork. Thank u
Phase 3 trail failed pps got hammered became oversold and than underwent heavy accumulation, they sold off technology and payed off debt. They have cash somewhere near $1/share and other drugs in the pipeline, they have cash till the end of the year.
This thing will snap back, do I believe $2-$4? F-No, I think that's pretty unrealistic but I do personally believe $1+ is easily attainable short term. FDA approval, ER's showing what they received for technology sold to albumix, or Takeover are all possibilities at this stage imho.
Exactly, that's retardlogic for u :p
Lol getting ready to burn
I bot more
Weird trading going on here, 15k shares at .47 about 11 min ago that isn't reflected in the chart
Agreed
Volume is down from yesterday but still multiples over normal trading volume
Read his posts before the uptick yesterday he was preaching .10-.15 per share.
How bout there was 5million+ shares traded yesterday and the pps went up 36% lol isn't that a big enough sign lol
Nice shake out buying the dip
Premarket looks stellar trading above .50 this could blow up hard today
Premarket looks good hopefully we open over .50 and stay there
Where are u getting March 17th ER's? Link please and thx
Agreed, it was a strong close, pretty massive gap to fill from $2+ in interested too see how much of it fills, tomorrow could be a great day :)
Look at EDGX AH ask of the 40k they were flashing on the ask the last bit of trading trying to shake out EOD. I bet u dollars to donuts this runs again tomorrow. Have a goodnight everyone.
I'd be buying here if i wasent already loaded to the tits with shares lol
Strong close is always a good Indicator of tomorrow's strength in my XP
For sure or they are trying to shake out shares before close. Tomorrow/ when news is released could be the real $$$ days
They keep flashing that 40k ask but I'm not selling think this follows through
Look at Aug 2015 spike, first day huge volume and some price appreciation, day 2 $$$$$$ to the moon. Tomorrow should be interesting :)
Agreed this is a easy double from .50 imho
23min to close, .50 or higher and I'll be smiling.
I agree. $1+ easy
Just the beginning, double from here.
U have no value
Manipulation my friend. Lots got burned hear so people dumped until they had nothing left while mm's bot it all up and then they have been keeping it down to buy up the outstanding shares and than BOOM.
Just a matter of time, yesterday was just a prelude to what will happen this month. I see .80-$1 within the month.
Shorts are going to regret trying to make money here and people selling at these levels will also regret it when this goes to $1 in a few weeks.
BREAKOUT
Welcome to the party. It's only a matter of time
Day traders who are flipping to the short side is what I'm talking about.
I can't wait for these shorting pos to get destroyed already. Pretty soon I'm just going to set an alert and not bother checking this for awhile