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Anyone else here feeling the need to give this old girl a severe ask slapping in power hour? I plan on buying a few more thousand into the close. Anyone else care to join me?
PokerStar
To correct your post......Traz stated the shares are restricted, thus unable to bleed them into the market, as you are stating.
PokerStar
Got the same feeling here. Power hour could see us touch .0040 IMO.
GL, PokerStar
So technically you are agreeing with me that if un-restricted, they could sell into the open market to raise funds. That was my point, was that if un-restricted, the shares could have been sold without it reflecting in the O/S count. Now that I know they are restricted, it is a moot point. Thanks to you and Traz for the input and clarification.
PokerStar
If they weren't restricted as Traz just replied that they are, then they could still sell 7% of their 35 million and still have controlling interest. No?
PokerStar
Thanks Traz. It was just a thought.
PokerStar
Hey Traz......question for you or the board. Do we know if the 58% stake that BMSN holds in Regen are restricted or not? Had this crazy thought that, what if the company was selling some of their stock into the open market to raise funds and not show as an increase in the outstanding share count. Would that not make sense to the company if those shares are not restricted?
PokerStar
Unfortunately I see this going lower yet. Hopefully will hold the important .0011 support level and bounce back hard. Hard to say for sure.....never expected this to be below .0020 and here we are @ .0017. Faith is waning and news appears to be at least a few weeks away minimum, so I see flippers taking hold of this now for a bit and drive it lower to load up. All IMO.
GL, PokerStar
Oh O.K., so the short term and day traders who bought yesterday and today in the .30 range are selling us down the river to the .23 range and losing on all their trades? Yep, makes sense to me. I think it may be more like some longs with large holdings are selling tens of thousands into the bid to drop the price and buy back on the cheap. That would make more sense to me than your explanation. I probably would do the same had I had 300-400 thousand shares of this 20 million float. It doesn't take a lot of selling to drop this with the weak bids we are seeing today.
GL, PokerStar
It is becoming obvious that even longs want this to go below .10 so they can load up.. I'm guessing many longs are selling for what they can get for their freebies and hoping to get back in on the cheap. What a change of heart from two days ago and a worthless, say nothing update from the company. Nothing has changed here fellows other than we are confirmed to be working hand in hand we the FDA for approval. My gawd this is getting frustrating to watch.
PokerStar
A couple of million shares were bought up by we longs in the .35-.45 range and now it sits at .23 and we can't find buyers willing to jump in? Really? This is getting really, really, stupid. Any other longs out there holding onto their shares or is everyone going to sell into the bid and drop this below .10?
PokerStar
Is there nobody out there that sees what is going on? I am out of powder at the moment or I would jumping over Nite's bid and forcing him to cover at a higher price, he has manipulated this stock long enough. BMAK......Where the hell are you? You just going to sit there idle and do nothing about this manipulation?
PokerStar
All I can do is hope I am right about this and we see what I believe will be an explosive stock in time. But who really knows the outcome for sure. My belief in the company is probably what makes me a terrible trader. Too much faith in what I believe regardless of the price action. Too much emotional trading goes on here and I guess I should learn to be more emotional also and trade a stock and not marry it.
PokerStar
I believe the smart investors dumped BMSN in the last few days and today as it was obvious where the PPS was heading. As for me, I'm too stubborn to sell this at a loss when I believe this will rebound big time. Not prepared to have to chase in the future trying to get back in.
PokerStar
Certainly could be the case. Only makes sense to me as this was part of Koos' plan all along, thus giving a dividend in the new entity to keep investors on board and not quite so pissed off.
PokerStar
I think we have been seeing serious dilution going on here the last few trading sessions. We know they are moving forward with their plan and need financing.
PokerStar
I agree. Is anyone else feeling a buying surge into the close to prop the PPS back to near where it belongs?
PokerStar
Is there really an endless supply of .30's. I mean really?
PokerStar
He is still sitting there doing zero for this stock to this point.
PokerStar
Doubt it's gone.....Nite just hiding it like they have done all day. Amounts being shown have been bogus on both the bid and ask side through all of todays BS.
GL, PokerStar
We finally get some ask slapping @.33-.34, then some douche puts in an ask for 60,000 shares @ .33. Nite appears to not want this to go much higher. LOL.
PokerStar
You are spot on with your thoughts. Ceo has enough to do running 3 companies, and hiring a PR firm is very logical to say the least. Any trader knows that the more legit info a company will release, the better chance we traders have to make the "right" decision. Koos should take notice and heed your good advice.
PokerStar
BMAK has done ZERO for this stock to this point. He has been parked @ .53 on the ask since before market open, and sits at the bottom on the bid side @.20. Not really sure why he is even here. He certainly is not an active trader like NITE by any means.
PokerStar
I had a feeling if we didn't get BMAK and news today that large free divi holders were going to start to sell some of their holdings trying to drive down the price only to rebuy cheaper. All that ask slapping yesterday and we could not drive the PPS beyond .40 tells me something is very wrong here. I think there is more to this than MM games.
PokerStar
Some Douchebag put up a 36,000 order on the ask @ .40 and appears to have dropped it to .39. They are getting gobbled up quick and once that mini wall is gone, we fly in power hour. IMHO.
PokerStar
Yep....I believe his shorts are now covered.
PokerStar
May want to slap the ask before it's too late. 3 MMs at higher than your .35 on the Bid now!
GL, PokerStar
Wow....a hold. No longer your usual STRONG SELL. What gives? Did you finally cover your shorts?
PokerStar
That was some nice ask slapping.....keep it up boys..... .50 right around the corner.
PokerStar
Things starting to shimmy and shake at the parents house. Top about to blow off Regen and BMSN will follow in its wake.
GL BMSN longs, PokerStar
Here comes the whales.
PokerStar
Here we go.....10,000 on the ask @.39.
PokerStar
Lots on the sidelines waiting.......6th on the Ihub most read forum.
PokerStar
Bid is building and getting tighter. Just a matter of time before the top blows off this thing.
PokerStar
Get out of the way Nite....this thing wants to run big.
PokerStar
Added at .39 also Bare. This is a no-brainer fo sho !!
PokerStar
True Traz....those sitting on the sidelines are going to be very sorry. A little volume here, even without news and we breach .50 for sure. Get them while they're hot and still available.
PokerStar
Agreed Sizzleweed.......This has 20 million tradeable shares at the moment and if I am correct, most longs will hold tight to their shares waiting for the news to drop to see this pop big time. And in the meantime, the float gets completely locked up by longs here and very few shares will be available and crazy spikes in PPS are going to happen, due to the shortage of shares. Just look at the ridiculous increase with VIIC the last 4-5 days....from .0020 to a high of .028. Well over 1000% in a weeks trading. The same scenario could happen here if all we longs keep pecking away at the miniscule ask. This could continue to have incredible legs moving forward.
GL, PokerStar
RGBP .......Regen BioPharma
GL, PokerStar
LOL....you're in good company with your initial reply to ole Stockchaser. You both are guessing wrong about this stock....and yes guessing is what it appears you both do, and not very well I might add.
PokerStar