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Its what's been going on here for months. Short interest and market manipulation to create panic selling.
See what happens after lunch but I'm expecting it to close red and the good ol days 10% drop at the bell tomorrow morning. Last day of month and a friday margin calls will be due. After that I expect to start seeing some covering going into the first week of the AUG as they wont want to get caught with their pants down IN the event that extra funding could be presented between the 10th and the 15. IMO
Could be a possibility that last run to 35 trapped a buch of people. Will be interesting to see the short data at the end of today though. Bet it jumped back to 35% plus.
It's the Inovo sell the news I've been telling all you new guys here about. Sooner or later you will catch on.
Lol. It could tomorrow but it will drop back down on friday more than likely.
Not likely. Shorty got smart and didnt touch the 10% drop trigger today. Tomorrow could be interesting. Load 17s and any 16s you can get your hands on IMO. If low teens hit re mortgage the house hahahaha
Respectfully disagree... go back through the last several months trends, it always follows the same path. I thought the same thing on the first 2 and have taken advantage on the rest. If you want to hold long that's your call. I'll made a ton more following the trend instead of being a disappointed shareholder watching my profits dwindle after every spike. Smart call is play long with a few and flip the events.
Been saying for a couple weeks now this was going to hit teens again. This shouldn't be a suprise to anyone! It's how Inovo works, it's been the same since I have been here starting in late feb. It's a flippers stock period. Sell the news, wait for bottom, load and repeat. Their is way to much short interest coupled with manipulation and the occasional dilution to suggest that it would ever or ever will be a decent smooth ride north.
Depends of your still up or going to sell for a loss. The time to sell was last week. Were getting to the loading zone now. My guess is 17s before it turns back north.
Waiting for the bounce of 17s then load
Hello teens.
As much as I think today is yet another sell the news day on the pop. She cant exactly disclose that information.
Per your post
"if this material change in the business information were given to you before the news service, then that would be something called, "giving out material inside information". The fines for doing this are very steep and can readily involve jail time."
Thinking someone wants out and the are manipulating the piss out of it to Induce some buying and get out with as much as possible. Already cut my losses with this one. Hope whoever's jumping on it is damn careful.
If I'm understanding this correctly. If not I blame it on the beer lol
https://www.sec.gov/Archives/edgar/data/844965/000138713120006589/tetra-sc13g_072120.htm
Think this sums it up at the point he was trying to make. Filing date july 21 2020. AIGH hedge fund is in conjunction with Orin. So I'm assuming that what OM is trying to get to is that Novint has billion dollar backing for what ever it is they are working on. IF I'm interpreting it correctly
Nice$$ this is going to explode!
This is looking a weeee bit skeptical to me.
I was in a meeting all day and missed it. Was pi$"ed. Will deffinetly be watch for some cheapies the rest of the week. Been holding a ton for years so what's another 6 months to a year if I can get them cheap ;)
Agreed!
Might get lucky and be able to load at the $15 gap.
I'm smelling teens on the horizon.
Also keep in mind alot of companies will be releasing earnings over the next two weeks. And we are sitting on the heels of getting the details of another stimulus package. If nothing is released by the company to induce some buying pressure and INO follows general market movements this we be highly unpredictable. It has also now been publicly stated by dr Fauci that a vaccine wont be available to the general public until later in 2021 and Moderna just got another 472 mil today!
https://www-politico-com.cdn.ampproject.org/v/s/www.politico.com/amp/news/2020/07/26/trump-invests-moderna-vaccine-candidate-381690?amp_js_v=a3&_gsa=1&usqp=mq331AQIKAGwASDYAQE%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.politico.com%2Fnews%2F2020%2F07%2F26%2Ftrump-invests-moderna-vaccine-candidate-381690
Might drop my re load zone to 15s and 16s if Inovo cant rebound on a buyer's monday with an SSR in place. Havent had a chance to see what options are expiring this week and volume associated with them but it could be a good indication of where things are headed if trading continues without anything to induce buying or selling pressure. IMO
I agree! I see a possible raise tomorrow since a SSR is in place and some of the short positions may decide to cover in the event of any news release on tues to wed. No news by 4:30 wed pm and I think we start the trend downward. Could get a little ugly as the last day of the month also falls on fri. Looking for a no news loading zone in high 17s to mid 18s by EOW "IF" no news is released.
I do deffinetly agree with you on the fact that based on previous history there does remain a fair amount of uncertainty in Inovo and based on previous trends one should deffinetly sell the news and look for a lower entry point if they wish to continue holding a position here.
You are correct as of now. Problem is it's just a matter of time before someone constructs the correct sequence or breakthrough that allows a successful DNA or MRNA vaccine that does work. We all know that technology evolves constantly and rapidly. Will it be Inovo? Who really knows.... frankly they have as great of a shot as anyone else as none of the others have had a product make it to market yet either.
In terms of bag holders I'm not really certain that is a correct classification at the present time as anyone who has bought in since the first of the year has had the opportunity to exit with decent profits. The last run is the only current spike where any person who invested could have incurred a loss but it is yet to be seen if they become "TRUE" Bagholders as their still technically is foward upward momentum.
Unfortunately it's still comes down to the massive funding that's making these covid plays run to the upper limits. No funding... no massive run! If Inovo does not receive the additional funding it will not hold these levels as funding for trials and manufacturing will have to be obtained by internal measures. They can pump all the fantastic material they want but that's reality.
Additionally I hope they will be receiving additional funding in the very near future... if not kiss anything in the 20s good bye as they dont have enough cash on hand to run a trial of that magnitude and with have to raise 200 to 300 million internally by issuing common shares.
Only 2 things are going to save Inovo at this point and time regardless of the results. 1.)additional funding and 2.) The ability to run a p2/p3 trial simultaneously or being granted the ability to by pass P2 trials all together and move straight to p3.
I'm hoping for it lol. Would be an excellent loading spot.
IMO it's a good trading stock to flip on a routine basis. As far as a long term investment it's a high risk high potential reward situation. Personally I've been jumping in and out and not betting the bank on it. Its deffinetly not something I would jump on and not baby sit. One piece of bad news and your looking at single digits again. However, if they get the funding that is speculated $60 plus would not be out of the question. In a not shell it's nothing I would personally hold long term. Sell the news and buy the pull back.
From date of submission I believe
Anywhere from 30 to 90 days normally.
Well put! Also goes along with rule number 1 "never fall in love with a stock"
I'm not adding more till teens show up next week. Funding is more than likely 2 weeks out if at all. Peer review wont be released until end of aug IMO
Agreed. Their will be several $5 to $8 swings coming with any news that they present. Sell the news buy in on the pull back. It's been a pretty consistent story here. Unless they get massive funding this will continue to be the story
It wont be $40 plus until more funding is announced. The rest of the catalyst will keep us in the mid 20s possible low 30s. Maybe......
Looks like it's going to be a rough day in INO land. Bring on the high teens I've been waiting for.
2000 devices. But Gew is right. The device is worthless without INO4800 and INO4800 is worthless without the device. One could speculate more funding will be awarded due to this but is not guaranteed. To top it off Inovo does have a strong history of you better sell the news and buy the dip. The pattern has repeated 4 times now. Just dont get stuck being a bag holder if this heads south. Without covid this is still a $2 stock.
PLYMOUTH MEETING, Pa., June 23, 2020 /PRNewswire/ -- INOVIO (NASDAQ:INO) today announced it has received $71 million funding from the U.S. Department of Defense (DoD) to support the large-scale manufacture of the company's proprietary CELLECTRA® 3PSP smart device and the procurement of CELLECTRA® 2000 devices, which are used to deliver INO-4800 directly into the skin.