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Bid support was Shorts trying to force Ask price up to pump the stock to reshort even lower. Do you know how many shares are short currently? It’s a lot. It was definitely not investors believing in the company. You think actual investors have $48,000 and more for a penny stock? Nope, Us Shorts..
Fill the 399,000 share bid at 12.1 cents LoL
I know many are going to want to debate over the future of the company. I just gave my opinion. It’s your money invest it however you want to. It’s not my job or anyone else’s to make the decision to buy or sell for you. Likely I will not be posting anymore. It will remain on my Watch List now. But when and if it does fall below 8 cents please say to yourself he was right. And in a month it isn’t I’ll come back on here and say I was dumb and slap the Ask for shares.
Best of luck everyone.
People, people, people. I just spent a hour listening to the conference call. Wow, I had to start taking notes.
First off listen to what he said about BICX101 and how it needs more work. Wow! I thought the product was 100% ready to go for the fda process for approval, now his comment was basically it needs more work?
Then you hear him say most insurance companies won’t cover the implant - Bicx102. I wish I wasnon the conference call I would have asked “Brady name one insurance company that will please, because I don’t think there is any who will pay for an implant.”
Half the conference call was focused on speculating how much money they’d make with the implant. But that’s if it is ever covered by insurance!!! Which brings me back to a point why would insurance companies pay $8,000+ for the implant when they can just pay $40 for the oral pills? It makes no sense. Oh, because implant gives off a continuous medicine feed? Oh wait doesn’t the injectables on the market do the same? Oh my...
Which one of you stated that the FDA gave them direction to move towards he implant? Because he clearly said state and blah blah, never once mentioned FDA. He must be talking about non-profit groups recommending it or state legislators. Definitely not FDA in my opinion.
Thanks for your questions Adam. Let’s look back a second. Bicx is trying to uplist to Nasdaq but CEO doesn’t remember the exact minimum stock price needed? What paperwork did he file, did he just download it on Google? Because I’m just a putz private investor and I know the minimum requirements needed to uplist to Nasdaq, why doesn’t the CEO of a company remember on the spot? Oh and the minimum price needs a consecutive amount of days at that minimum price also FYI.
Then he said banks or financial companies are trying to finance them? Really!? Because it doesn’t seem like that, seems they are going around begging for money and hardly anyone wants to help. Another investor called their financiers loan sharks. High interest rates/repayment options surreal.
Reverse split - I don’t think it’ll happen extremely soon for Nasdaq reasons. But yes they will surely dilute you pretty soon! That might come with a reverse split during/after. In my opinion.
Brady even said they have had the implant for years but then bye gooley why isn’t it fda approved by now? Shucks because they were pumping the injectable but just now we here it wasn’t ever fully ready? Geez petes.
To the guy Nathan who’s using the term buy-out, keep dreaming pal. No company is willing to buy out them in my opinion. They don’t have any product worth buying yet.
Get insurance companies to cover it then it’s worth buying, until then it’s probably consider “comestic”.
Before I heard the conference call I thought the true value of the company was 8 cents. Now after I heard it, I think 2-4 cents a share.
It’ll cost millions to finance fda approval. NIDA, NIDA grant though man, what about them. Well look up how much they pay and the requirements.
90% of you all need to do some more research before saying “I’m going long”. Because this company is merely just a swing trade flip.
Brady and other executives are nice people and especially Brady working hard promoting the company, but I think his objectives are misguided and he’s basically got hopes and dreams, but steering a boat without a map.
$32.8 million market cap - for what? A company with low funds and no product fda approved and hoping to secure funds to have a product approved by end of 2021. If you think this will be approved by January 1st 2020 then my future kids are going to Harvard for free.
Keep dreaming everyone.
Kizer I have respect for you and thanks for your feedback to Nathan, I’m assuming you lowered your position or are considering it a loss. Because he mentioned buyout, you disagreed. Glad we come to an agreement on that because I don’t see it happening at all.
Anyways anyone know when the next tv show appearance is so I can have funds avaible? I see this going down below 8 cents soon.
This is all my opinion and hey I’m a putz investor.
By the way there are hundreds of OTC companies that don’t generate money, they basically live off of the shareholder and finance companies.
So the consensus is that they’ll have to renew Nasdaq listing paperwork. They may or may not Reverse Split in near future. They have a product that isn’t fda approved and that not many people are paying for. They have more debt and spend more than they have coming in. They expect 2 years for fda approval, that’s if it occurs that fast, which could be a lot longer. Still no great reason to the LLC issue.
I’m trying to understand why it’s valued at 32.8 million market cap. Seems it’s exteemely overvalued currently considering all the factors and all the unknown as well.
Be cautious, don’t go head deep hoping for a 100 bagger.
Thanks. So stock to keep on watchlist.
People dumping? I’ll have to listen to conference call. Wonder what was said.
They aren’t going to Nasdaq anytime soon. So many objectives need to happen first.
Closing position short today, hopefully early this morning. If anyone is short, I’d recommend closing position. The conference call can have a very bad effect on price or a very positive effect.
This is the point of no turning around.
Good luck all.
Hoping for 8 cents or less and will double position at 6 cents or under. For sell 14 or above which depends how the stock runs after a catalyst.
It’s not tax evasion unless they forget to or don’t claim the income. But it is a smart move that makes their salaries look a lot cheaper on paper in my opinion. Reminds me of fine print at bottom of a contract. Anyways guess now they can pay theirselves all they want now since they basically own and run the company with all controls in their hands.
I’ll never smear the executives or call them names, they work hard but what they do anymore I don’t know. Seems at times they drop the ball or make decisions that I don’t agree with.
Good luck y’all tomorrow. Even though I’m on the other side of the fence, I sure hope you guys either send it to the moon or the stock tanks to my buying level and we all go for a trip to the moon together.
When Alpine stopped additional financing and they stopped pursing the injection that was a warning sign in my opinion that things may get bearish. Doesn’t mean people can’t make money, if they buy cheap and sell high. But look how it is currently. Volume is very dry and shallow.
But let’s point out some stuff here. Financing it’s bad. Imagine if they move to Nasdaq which will bring on a tremendous amount of Shorts. You’d be a fool to think short interest won’t grow substantially considering the company has very little funds. Then think about management most of the time late on financial filings. You don’t think that’ll gain Shorts attention? Company has a product that has been around a long time in use and available for use and has not, I repeat has not been fda approved nor attempted to be fda approved until late last year. Insurance companies don’t want to pay thousands of dollars for a implant with such a short life once implanted. They’ll prefer oral pills or injections.
Just because the opioid epidemic has grown doesn’t mean the current treatments don’t work great. That’s ignorant of whoever stated that to say that. The opioid epidemic has grown because doctors have pushed opioid pain medications into people and fentanyl has become so cheap to mix with powder to resemble heroin and to be sold as heroin. Addicts have turned to fentanyl due to it being so cheap compared to heroin, which itself is 100 times more potent than morphine. Instantly addicting.
We live in a world where peer pressure has taken over and more and more kids generally teenagers are experimenting with drugs. So don’t say current treatments are not effective. The truth is more and more people are getting hooked and turning to opioids which is increasing the epidemic.
And remember just because someone gets an implant doesn’t mean they’ll stop using drugs! That’s why bray pushes the counseling sessions and drug rehab program! Because if the additional steps weren’t needed he wouldn’t even mention them in his speeches.
The first step to beating addiction is moving out of the area where the drugs are easily assessable.
I’m not trying to be a jerk but it seems so many people think just because there’s an opioid epidemic this company or other companies are a buyout candidate, etc.
The company hasn’t been bought out yet and probably never will unless they begin making more money than they spend. Big companies aren’t just going to buy them because they have an implant...
And FIDO that last message concerning management starting LLCs for pay, well seems not many figured it out.
Hardly any buyers, perhaps a struggle and fight for shares under 10 pennies? Someone’s trying to unload a 80k block for 14 pennies. Come down to earth investor... Only $13,000 in US currency holds stock above 11.5 pennies. I’ll be a major supporter under 10 though. I’ll even help arrange tv show appearances if need be. That’s when price surges with volume.
I think he meant a decade. Because this dog and pony show aka startup has been going on since year 2008! Hey everyone it’s a 10 year anniversary year! Not to be a jerk, but startup refers to anything on average 2-3 years! Not 10 years!
Ohio Judge used treatment instead of jail time. Doesn’t mean the court system or government paid for that treatment. Nevertheless the injectable BICX101 was to be cheaper and last longer than Alkermes brand spouted everyone. But now it’s off the table and the focus is on implants... Seems odd but okay!
Great response. My fear with cash is dilution. And it’s certain dilution is coming soon. Also I don’t like that they wait until pretty much the last few days to release the ER and quite often, well actually most often, they file for an extension before releasing it. I’m betting it’ll be the same this year. But what concerns me is them issuing out shares to well I won’t use extreme negative terms, but the worst of the worst finance companies. Regardless money is to be made here, let’s see what he says about the reverse split soon. Looking forward to that news and the result it has on the stock. Either it won’t phase the stock or like usual it will. Hard to say right now which it will do.
Wonderful response man, thanks a lot BanOxy. Appreciate that great. Good luck this week in your investments.
You should get the award for politest person online. Well to respond to you, I was long and had a high average with a large amount of shares. I believed in the injectable and that’s why I bought in. Then brady kicks to the curb the plan to proceed with the injectable which shortly thereafter things fell apart with the price. I held on but man oh man was financials one quarter extremely bearish. I sold for a big loss. I learned some important lessons from that investment, buy low sell high. Moving forward if you think the price surged due to the implant you’re wrong. It’s crashing now. The only reason it zoomed up was because of National tv appearances and it got pumped. It’s falling back down to earth now. And anyone with $10,000 can boost it back up a penny or two and anyone with the same amount can short it down a penny or two. It’s easily movable. Moving forward I don’t hate any one of you nor brady. My goal is to buy a large amount for 8 pennies and dump at 12 pennies. If it drops below 8 pennies I’ll double up and still dump on the next tv appearance. That’s when prices surge.
We are all here to make money right? Considering that I’ll just keep reading Bullish comments while I cross my toes the price drops more.
Correct and added double on 14.25 cents. You can do the math. Giggles. Maybe I’m not even shorting? Maybe I just want price to crash to buy cheap? Lol. Message boards are for entertainment. Never invest on someone else’s advice especially either of us. We’re anonymous. Shoot, you may be me, posting just to create confusion.
If price drops below 8 cents I’ll be your support system and buy up every share. I’ll then dump it the next tv appearance for a profit. So guys don’t consider me a jerk, consider me a bull/bear. I don’t believe in the company or the direction it’s traveling but I know I can make money on it. Buy low, sell high. Rinse. Repeat. That’s what investing is about, making money and locking in gains for profits. Not tax loses.
Positive: Brady sure does put in work for the company and promotes it.
Negative:
Company is extremely low on money.
No insurance company will want to pay for the implant when there is far cheaper options and none cover it now.
No court system or government will pay for drug addicts or criminals in jail for implant when there are cheaper options.
Hardly anyone is paying for implants currently, check the 10K, check the doctors office on how many patients have had it.
Implant is cool but too costly with far too many cheaper options.
Just to clarify I was long bullish cheerleading and pumping prior to the drop of the injectable, bICX101. That’s why I bought in. I didn’t buy in for a stupid implant. That’s when I left and sold for a loss when he did a 360 degree.
Keep thinking this is better than sliced bread. If you hold dump on his next major appearance on tv.
That about sums it up. Sure. Also short position incorrect. 14.25 cents not 13.25 cents. Looks like I’m winning.
I’m not going to argue with you. Obviously you plan to hold - good for you. But Financials are very low. Not even Alpine wanted to give more money. Keep yelling Bullish, while I say opposite.
Now that Cohn has resigned let’s see if that affects price.
Watch how many people sell at the latter of the week after the conference.
And half of people here think just because there’s an opioid epidemic the stock will go to the moon. Hardly anyone is paying for the implant. Dilution and reverse split is coming yet some scream to the moon.
Want me to be bullish, provide financial backing and for the ceo to bring Worth to the company.
So! BioCorRX is at a conference in Florida yesterday and today and tomorrow. Yet shares traded was $15,000 yesterday and $18,000 today. People think that’s bullish? No buying activity just small day trades. Please consider all facts in front of you prior to continuing to buy or hold. They are short on cash, no earnings report as of yet. It’s starting to seem more bearish day after day. At what point will an investor call their self a bagholder?
More than likely Parker. At a ratio of 100:1.
Volume very low today. Bears probably will win today with a close in 13 cents.
Great response. I’d throw them all 1,118 of my shares for $3. I’m hoping news comes out on offering pricing before I add to my position. Wonder how much longer they’ll have us wait before telling us.
Someone needs to yell and ask very loudly “HOW MUCH CASH DO YOU HAVE CURRENTLY AND PLEASE DONT GO OFF OF LAST YEARS’ FILING OR THE PREVIOUS QUARTERS!”
I’d love to hear what he has to say about that.
Are or y’all going to ask basic b/s questions like “How many clinics do we have?” Or “How many lives have we touched recently?” Or “How’s the family doing?”
Where do we see share price for this company if buyout were to occur? Reasonable responses. It seems the company is nearing uplisting to the big exchange which is good. I’m 50% loaded on shares right now but holding off buying more until I see what the offering price is. This stock has been on my radar since 50 cents but I waited to buy until after Trial news. I see a bright future but holding a 75 cent average I’d prefer to wait for the offering price to be made public before I obtain more shares. A drop to the offering price is expected in my opinion upon news being made public.
If responding click public or private response so I’m notified. Thanks all and happy investing.
I wasn’t referring to you.
As far as your question, the injectable is easy and cheap when compared to the implant. The implant is outrageously expensive plus requires a medical procedure. Insurance companies do not cover the implant, nor is there any guarantee that they’ll ever cover the implant. Also Brady and everyone keeps speaking about court systems utilizing the implant for prisoners, criminals, drug addicts addicted, etc, etc. Tell me which court whereas the court or city paid for the implant and surgical procedure. Sure I can name a few done via the defendant paying out of pocket, but HELLO how many drug addicts are walking around willing to spend $9,000+ or even have the funds to do it? Sure as heck isn’t many. Courts and cities don’t even have enough funds to pay their public defenders enough but yet people speculate that they’ll pay a drug addicts tab for opioid treatment via implant? LOL.
Also keep in mind there are oral pills that are currently on market that do the same as the implant and he injectable.
I think it’s all smoke and mirrors honestly. Implant works, sure! For those who have the funds.
The injectable? Well apparently that was a pipe dream. There’s very likely reasons why they stopped pursuing it, more than is being told. So while “some” speculate it’s a buy-out from alkermes, I’ll speculate it failed or copy right infringement or something of bearish nature.
Now let’s talk about finances. Do you realize how little cash they have on hand? Those financial filings will come last minute and I’m betting they’ll cause price to drop upon being released.
I’m not saying this stock won’t make people money or rich, but just slapping the Ask and not having an exit plan, well likely it’ll cause those same investors loses.
Best regards.
Bulls won today!
Bulls - 2
Bears - 1
Since news.
I’m looking for the investor who slapped the Ask for 14.53 cents. Obviously he or she must of mistyped their limit order. Contact you’re broker and blame it on alcohol. Price is supposed to go down before Reverse splits not up. Whole market is down but bicx is up? Did y’all forget about the tariff in the news?
If price keeps upticking my car might get repo’d or ill have to not pay my electric bill.
I started shorting on March 1st. Down from 13.25 cents. You investors need to stop slapping the Ask or I won’t make any profit. Currently i’m negative 1/4 a cent for shares and losing some money.
Short position initiated at 13.25 cents. Best of luck everyone and have a fantastic day! Go BioCorRX
2018 is the year for buyouts. I’ve been accumulating shares on every dip.
I post my opinion, so why verbally attack me? Today I shall initiate a short position so that I have “skin” in the game. I’ll cover at 10 cents or under. Also keep in mind the 10Q and 10K aren’t filed. I’m sure those will be bearish.
Signed in regards.
Well stock closed heavily under 15 cents. 12.65 cents to be exact. Likely downtrend continue throughout week.
Regardless for those who hold your profits will be less than if you sold and re-entered later on in future. Breaking even or coming out ahead with profit is very likey long term. I’m just planning to make the most with my money.
I expect Shorts (bears) to attack the stock price via shorting and it to break and close under 10 cents within next 3 trading days. I plan to buy at 8 cents and 2 cent intervals downwards or 1-2 days prior to Reverse Split, whichever occurs first.
Likely viewing the financial filing will be the last straw for some investors after they notice the lack of money on hand. So that’ll likey be my grand entrance point.
I used to hope that they’d develop a solid plan to assist in opioid addiction, but truly I’m just here to make money in investing.
Best of luck everyone and continue with all the Bullish comments!
Stock price is down 30% in 1 half trading day. Likely more downtrend to come as investors return from vacations in foreign countries and have internet connection and read the SEC filing. Investing is about making profit and utilizing your money to the fuill potential, not taking expected losses. Regardless company is a good buy sub 8 cents.
Wait until Financial filings are filed, I’d expect a bigger sell-off due to low cash on hand.
I salute those who haven’t sold, you must be either stuck or handsomely rich.
If Brady wants to bring more value to the company he should return back to BICX101, the injectable. Regardless long term I’m sure everyone will break even at worst case scenario, he sure does a lot of promoting on Television and in person.
Please read: Long message here but will help give everyone an idea of what’s happening.
Reverse split and massive dilution was approved. Now what happens next: A reverse split is imminent, for many reasons. First everyone knows a reverse split negatively affects the stock price regardless if it’s for good or bad reasons, so expect a sell-off beginning today on 02/28/2018. It’s like an “unwritten rule” in biostocks to sell off on reverse split news. Also very likely I’m taking a stab at this estimate, but share price will more than likely drop 40-50% below current price prior to reverse split, likely to 7-9 cents. Reason being is the sell-off and no one who’s got money will want to set bids on small dips. If they’re smart they’ll wait for the bottom just a day or two prior to the reverse split. I’m imagining due to the small amount of shareholders in the company and not many shorts(bears) dealing with OTC there won’t be a second mass sell-off after the reverse split.
Now what amount of shares will Brady reverse split? Hmm... If I were betting I’d say 150 for 1. That way share price is double prior to going into Nasdaq.
Now keep in mind the Nasdaq Minimum is $4 which the share price must hold above $4 for a minimum of 90 days prior to uplifting.
Also keep in mind that there’s other objectives that they need to accomplish before uplisting to Nasdaq.
Currently I hold no position here. I settled for losses late last year. Sadly... Regardless I plan to re-enter at the lowest point possible, which very likely is 1-2 days prior to Reverse Split.
Good luck all.
Currently still not invested any longer but still have BICX on my watchlist. Looks imminent to move to 15 cents or higher within next 3 week.
Also remember most stocks rebound in January from Tax loss selling the month prior in December.
Currently over committed in other stocks but if I had free money I’d likely ride from 11 cents to 20 cents with the upcoming weeks.
Nice uptick. I don’t own any shares, I sold awhile back. But I’m looking at current price action. I can see this possibly running to 15 cents or higher prior to January meeting. If Brady releases news concerning financial and it’s positive, easily 18+ cents. Best luck to all holding and happy holidays.