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Somebody must put out a statement soon [Today, NO later]. Looks like a panic attack. Major holders are selling. Is it fear or knowledge?
"Support" at .18 --.20 is not going to make it.
I will not sell in spite of my huge (for me)investment in BOCX. But I have the highest respect for Gold, Ted and Kag -- and taking away any emotion, their posts have been accurate and their research (if not always their speculation), have a depth that may be beyond the scope of most here.
I would not want to be on any board in which there were only people who could handle only good news. Preaching to a choir is not always a good use of time.
But I can't understand why anyone would sell now since any losses would be in stone while not all the information, unfortunately, is out. Any remaining losses would pale compared to selling at these prices even if this eventually goes belly up (which I doubt it will but am prepared for). Selling now (and in the past two weeks) could only be out of ignorance and anger which in my opinion, is beneath the enormous intelligence of those I spoke of.
A big question that needs to be answered is: Has the status of Abbott's releationship with BOCX changed? Are they ACTIVELY going ahead with RECAF or is it still on the backburner. OR was what we've heard merely just Jerryspeak (thinking that he has pull outside of his main area of expertise?)?
Silver lining? Wow, it might even be gold.
Thanks for the response, O.K. Yesterday, I bought (but just a little -- have not sold in over 3 yrs.)
"There was apparently more cash that recently came from a deal above the 500K that was shown in the 10Q."
Where does that come from GS? That is very good news and I missed it completely.
Actually, there are just two questions that are important (leaving out emotion):
1. Does the science work? (That seems to be yes)
2. Can it be successfully commercialized?
(This answer is key. Hopefully the true answer is yes, but it takes a lot of time and effort and there will be missteps along the way.)
GS,
I would like to agree. Very well written and unemotional post!
Some people are panicking. Not a good idea to sell. But we do need a press release soon -- or else.
If that were the case GG, the price probably would have gone down further. There was much buying at between the bid and ask and yesterday there was normal support.
Zolax, Do you own ANY stock? The potential of BOCX vs. even the potential of the DOW for the next year looks better than even. How are your other stocks doing now and how much are you making? Have you complained as much with them or are you using BOCX as your overall scapegoat?
To those who are selling BOCX and Cancer weapons short, watch out for some unexpected bear traps and when they catch you, the financial pain will be LONG and hard and it will be too late to go back to your hibernation. Note, though sometimes bears can hibernate, skunks can't.
Mmmm, 20,000 shares at the ask a few minutes ago. Perhaps, something more than beer is brewing?
Now is that about 35,000 shares at ask in less than 40 minutes?
Is somebody losing their "head" <G>? (or is that just the beer.)
I don't think so, dog, because that would not be in the interest of the hedge. I think they are happy to keep it near the yearly low, but in no case, over .60.
In dog terms, they are happy to keep us in the pound but would be "heartbroken" if we were put to sleep.
(One minute and 30" after my limit order @.451 was accepted and the shares purchased, the price went up to .49. That doesn't happen too often. In any case, I hope the shorters get burned real well.)
One of the nicest fragrances there is, is the beautiful smell of the burning of vermin...
" All I can figure is that Abbott didn't want to bring Recaf to market..."
Half Full I think you are on to something here. When the price of this stock went above $3.00 it got Abbott's attention and scared them to death. They had to sign an agreement with this little company if only to protect themselves from the possibility of Biocurex hitting a grand slam and knocking the PSA out of the box. And only for $50,000! It didn't really matter to them whether it worked or not (if no, so what they had their tests, if yes, they would share in the profits and more profits than even the PSA gave them).
What they didn't want to do was to spend any significant amount of money on developing a competing product that they didn't have as much control over. They got what they wanted: Protection, one way or the other. And for only $50,000 -- a bargain in anyone's book.
Very good HFG,
But a question I would have would be with this method is it purely a Yes or No test? Can it distinguish the degree to which it is testing for is present? For example, in a Recaf test, how much above the specific individual's baseline is present? Can the intensity of a color do this or even hint at it? Can it be quantified to eliminate false positives or must a "positive" only mean that further testing is required?
In any case, if it can be commercialized everybody benefits and is a significant step in the arsenal of dealing with cancer.
mysscat, I happen to like to see both the negative and positive in all my investments. I like your contributions, but I think Ted's questions and observations are just as important.
It is one thing to have a fire. It is another to take out the batteries of your smoke detector.
"However calling him a "savvy investor" is ludicrious."
mysscat, I'm in the same boat that you are in as far as this stock is concerned. But calling Ted a "savvy investor" is not ludicrious as I also have "been an investor who has been burned enough times to have learned to watch for firetrucks."
The science is what will save this stock if it is to be saved. But even a superior product is no guarantee that it will survive commercially in the marketplace. And even if it survives, there is no guarantee that the initial investors (like us) will make money. That, is the cold, hard reality and wishful thinking does more harm than good in the long run.
But having said that, I am still in this very long (in more ways than one) and am confident that the RISK is worthwhile.
I must agree with smillincat. I have read every post here since 2005 and orignally bought this stock at .20 (though my basis is no longer near that). I appreciate both the positive and negative about the stock and think I can use my head to filter out the truth of both. But it is an illusion to only get positive spin as it can be discouraging to only get negative.
My opinion is that the risk to hugely profitable potential in this stock has never been better -- which is not to minimize the REALISTIC concern in that every long can lose everything!
But the potential for the "home run" in all the years the Dr has been working at it, has never been closer. There will be further bumps (as in any worthwhile endeavor)along the road but the potential prize is tremendous for all longs but even better, for all mankind.
Somebody may have purchased a tremendous bargain at 3:58 PM.
I just hope that they know something.
TedF, Your last two words about sum up the current situation with Biocurex:
Tick-tock!
Apollo13,
Aren't you one of the lucky ones. You are probably going to make a killing relatively quickly. Many of those who were here some years, bought at .18-.20 saw it rise for a few days to over $3.00 and then got caught having to buy at where you are just to bring their average costs to between .80 and 1.50. If you bought recently, the odds that you will do tremendously well (of course if you lose, you will not lose a little but most if not all of this investment) vs. not -- rarely occurs to this extent in any market in my opinion.
Either someone knows something, or we have some new interest, probably from Europe...
For me, this is mostly good news. I was very concerned when Abbott offered to sell the division to GE. To me, it meant that whatever good RECAF was, Abbott didn't see it and would never see it as a blockbuster -- if they had, they would do something to avoid selling to GE.
After the deal fell through, nothing as far as Abbott was concerned, changed. The reason they offered to license Recaf to begin with, was the possibility of it being a blockbuster and one they could easily bring to market, and by themselves, control -- and they had to protect themselves from missing this possibility and could do it for mere "chump change".
Now if the science works and it seems it does, Biocurex has for a mere $50,000 a year, got a potentially huge albatross off its back (the limit of sublicensees to 3 -- just think about China alone) and a higher royalty rate -- which applies or can apply not just to Abbott but (by the me-too clause of the original Abbott contract) but to ALL future licensees.
Again, if the science works, this is ultimately very good news.
I was under the IMPRESSION that the licensing deal with Abbott spelled out exactly how many (3) semi-exclusive licenses BOCX could grant (as well as Abbott's rights to sub license). I could be wrong. But if BOCX could grant licenses at will, it would dilute Abbott's interests.
"Their are no sure things in the stock market!!!Remember that!!!"
Of course. But what I like is that fairly recently Inverness signed a licensing agreement. In their due diligence, they must have acquired non public information (not to mention their own tests!) to go that far. That was a business decision by a group of very savvy business people and medical people (with more expertise than those on this board). The payoff if they are right, is astronomical for every share anyone owns and if BOCX goes bust, the downside is still only a proportion of the upside poetential.
Bottom Line? We have a very favorable and even noble risk to be part of. How often does that come along?
(We do have some dogs here, and for them if not because of them, nobody ever said that the going was not going to be rough, rough...)
Mmm, Dog,
A 50% movement right after eating at Denny's is a serious "bowl" movement. I just hope it wasn't caused by eating a hot dog too fast. But good luck with your home run, hopefully it keeps you out of the doghouse and your cute pigtales never lead you to slaughter. <G>
I tend to agree. The second agreement even after all this time, probably with Inverness' access to more information than is publicly available in order to do a complete due diligence, shows that there is something at least very promising and worthwhile to invest in. There seems to be a greater chance of hitting a home run with this stock than in striking out. What more can an investor ask for without bullishness turning into "piggishness"?
Dog, I know it is rough, rough but try to avoid the temptation to oink, oink and you may still end up bringing home the bacon <g>.
Probably busy writing a press release. As dog lovers know, he has been taking his share of licks <g>...
What's interesting is at the current stock price, nearly everyone who knows about Recaf and understands its potential is a stockholder.
Everyone else either has not heard of it or thinks it is too good to be true. What's amazing is that this stock went to over $3.00 years ago on much, much, much less credible information. And now, with two major pharm. deals and on the verge of commercialization we are at 1/5 the price.
The good news, is that the odds are that this product is for real and anyone who invests now or is long is going to be amply rewarded -- and not have to wait, one way or the other, much longer!
Ha, It looks like virtually the only "serious" activity going on is the trading between the Hedge fund and the Market Makers! Very few investors who have any knowledge of this stock (and are sane) are selling. Any manipulation going on is going to be as transparent as a dog in heat (sorry doggone01).
The hedge fund will make out like bandits no matter what happens. The question is, WHO will they "rob". If the stock price goes up (and I believe it will) it just won't be us. (Well, at least not completely <G>)
I tend to disagree. At this low volume there are too many who can and do manipulate the price. This, in my opinion, will only end when the volume picks up exponentially or when an actual product is getting close to being released and there is fear in the heart of 'those' who currently so freely short the stock because it is so easy, and in their interest to do so.
The Hedge with the Edge...
GG,
That is a superb find. Even small interviews like that are better than spending tens of thousands on fluff like we have in the past. What is so great about even a small college based interview, is its HONESTY (too bad WE have to "pull teeth" <G> too often to get any information in or out).
Nothing fake about that interview. No paid writer exaggerating any claims. That is one of the ways true, and honest information gets out and its truth WILL cause a groundswell, and one that can not be stopped as opposed to paid for "news".
A few more of those "college interviews" and nobody here will have to pull teeth ever again!!
I brought the possibility of a buy-out up with Bocxman a few years ago. He said that the company already has the equivalent of "poison pills" in place and have had them since the beginning. I wouldn't worry about this. So in this matter you are barking up the wrong tree <G>.
Lag. Hopefully, jetlag (as in super demand).
"Gyro the crow I ate yesterday at Dennys ,dosnt taste bad with ketchup!"
Why should it, a bird dog can eat anything. Hopefully in a few days you will be able to afford a diamond plated doghouse!
As far as the share price, there are still millions of shares bought when the price was in the stratosphere, over $2.75. Everyone hasn't taken their loss (especially at .40 - .55 per share!). Gradually, on nearly every uptick on price, there will be a few more shares of those millions, sold. It will take time!
Hopefully, we have sprung a leak!