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All the sellers got flushed out the last 2 days. This is going to make a huge move up.
.94 at premarket.
Still almost 20 million shares short, should be a fun run up from here. Nothing is stopping the deal with Cardinal.
.93 after hours boooyah! It's quiet because the loudmouth flippers sold and want to get back in before they start talkin again. Looks like it's flying right past them now.
Good news from the court, an after hours PR, and an investor conference tomorrow. All that plus cardinal deal is still on.
Suddenly where did everyone go who was predicting .75? Stock held at .89 all day long. haha
Scared money lost big today. Not sure why you would sell at .85 at the open when you could have sold basically all day at .88-.89 lol
cheers,
moe.
There's another conference tomorrow at 4pm eastern, 3pm central. Just some more things to look forward to.
I'm no lawyer and some of those filings are in lawyer talk but it pretty much says that:
Navidea had put in a motion (request) to dissolve or modify CRG's application for temporary injuction of Navidea.
Today in court, the judge reviewed all papperwork including the $80 mill deal with CAH, the $310 million deal with CAH, as well as the $1 million which was PR'ed last week.
The judge GRANTED Navidea the motion and is suspending CRG's application for a temporary injunction of Navidea. (Probably waiting until after the $80 million CAH deal goes through)
In other words, we are good to go!
cheers,
moe.
I can't remember the last time this stock didn't gap up at the open.
One can sit here and play the "if" game all day and try to act like they know everything. Doesn't really mean a thing.
If the worst case scenario is revisiting the .75 levels then thats not bad at all. I have some funds and I'm waiting for that moment. I'm actually glad alot of the flippers are selling, their the ones creating the wall between $1-$1.09 the last 4 times. WIth the millions in shares this stock trades daily, you can tell alot of folks are still holding.
cheers,
moe.
People are just overcomplicating things, the deal with Cardinal will get done regardless in my opinion.
Cardinal Health and Navidea have been doing business for a while now and a very few million dollars is not going to get in Cardinal's way of all the money they are making with Lymphoseek and Navidea. Helps that Cardinal has deep pockets.
Well geez you might as well say "we must go to .35 first"
If it goes down to .75, that'll be enough to kill the momentum here and this play will be done for.
Lets not hope for the worst. People have been calling .75 for weeks now and it keeps going higher.
cheers,
moe.
Not sure how much longer they can hold this down, it's trending higher and the flipping range keeps getting smaller. Volume is still pouring in pretty well consistently... over $6 million just today.
cheers,
moe.
Seems like less and less people are willing to sell their shares below $1.
With all these investor conferences and conference calls I'm sure the company wants their share price to appreciate also. I'm adding when I can, feels like when it does get past this range it'll be gone for good.
When that deal goes thru, I have a feeling this is going to have a pretty solid rise.
cheers,
moe.
Flippers will dry out soon today, while the buying will keep on coming imo.
Broke through 1.09 twice, hopefully third times the charm.
cheers,
moe.
Over $2 million in volume in the first 10 minutes all above $1 a share.
That was some really good news. Connects together why the positive opinion from the EMA was so important and implies that their relationship with Cardinal is still as good as expected.
Not to mention the $1 million coming in which was unexpected to most shareholders.
Should be an interesting few days with the conferences also. Looks like it may breakthrough for any reason given that even on a slow day like yesterday, there was still over a million dollars in volume.
cheers,
moe.
Why would the conference on the 27th be a catalyst to make the share price move?
serious question...
cheers,
moe.
Anyone still think this will go down to .75? The deal doesn't close for another 60 to 90 days and with the issues the creditor of their loan is giving them it may drag longer.
I'm guessing we're not going to see the real pop until they actually get the money in the bank, even then you would assume everyone who is brought the price up to $1 so far will probably sell at that pop, just got to hope there's more people left willing to buy in the higher ranges.
How does it "keep dropping"? It was at .35 just a week ago now its at .95...
Sounds like a good upward movement to me. I could care less about the minute by minute buys and sells, much easier to buy on these dips and hold and enjoy profit.
cheers,
moe.
Since you're think you do, do tell us, based on the current Level II, exactly what price is the stock going to today? How long will we be in red? How long til we are green? How much volume will there be today?
Waiting for your response unless you don't know how to read Level II.
cheers,
moe.
There was over $2 million in volume in the first 30 minutes all over $1.00...
Now if you're purposely going to wait to post until it barely swings 1% in red then I can't do much for you.
Learn how to read a chart...
cheers,
moe.
This volume is just insane. Not enough sellers either. Should soar pretty high from here.
cheers,
moe.
lol you already said you were wrong when you predicted .65 yesterday...
It's not going down to .70, in fact mark my words it probably won't dip below .90 ever again.
If you have a hard time grasping why, take a look at claytraders chart he just posted. Incredible support at .88-.90.
your acting like only ihubbers are trading this, this isn't even on any trending list on ihub. Its outside money pouring in everyday and just holding.
It's about the big picture, if you get your panties in a bunch about small swings then the stock market isn't for you. I loaded at .55, .72, and .88 and have been up on all those shares. In fact everyone who bought under $1.00 a share and held is up right now, because overall it's climbing, that's how you know you have a good stock.
Cheers,
Moe.
Churned out alot of the flippers these past few days, its getting ready to make a BIG move, get ready folks.
Don't let the penny stock mentality get to you, this is a NYSE stock which is getting a huge influx of money, we are talking multiple dollars here.
cheers,
moe.
Hows that other stock working out for you now versus this one?
cheers,
moe.
I think this is going to be the last of anything under $1.00.
Solid support and buys leading up to here.
cheers,
moe.
About to break the $1.00 on only 5 million volume.
cheers,
moe.
I believe I read in a filing that Cardinal also will have warrants to buy 10 million shares of NAVB at $1.50 a share, or $15 million. This is in addition to the $80 million in cash Navidea will receive.
In case anyone is wondering where this is going short term.
cheers,
moe.
so its going to $1.....but may hover at .80 to $1, but will show ATLEAST .75 one more time?
Well geez thats like me saying "Hilary might win, however Donald has a good chance too, but either way ATLEAST one will be president"
lol
I guess thats a way of upgrading your rating of the stock vs yesterday's:
Where did you go? Clearly trampolined off of support yesterday and broke thru resistance this morning.
Lets see how it holds up, .90s may become support. Pretty thin between .90 and 1.00.
This is about as easy as trading gets, just buy and hold.
cheers,
moe.
Wasn't it at 1.05 for only a few hours?
And who are these "people"?
I guess all these anonymous shorters sure do know how to pick the absolute top all the time in every stock....
BTW, why isn't it at .65 yet like you claimed? Oh thats right its bouncing on the support that you said wasn't there....
cheers,
moe.
You hear that folks, throw your charts out the window, there's no supports or resistances in the stock market anymore
I think everyones made money on it here, now we're just waiting for the next leg. This is a NYSE stock about to get a deposit of $80 million from another company which is trading at $80. All you have to do is hold now.
If your going to get your panties in a bunch about a 5% swing here and there everyday, then the stock market is probably not for you.
Not sure how the shorters made any money considering it was sitting at 35 cents a week ago and only traded above this .80 range for literally a day.
cheers,
moe.
Just bouncing between support and resistance. This isn't a penny stock....
A $10 check takes 3 business days to clear at the bank...
This is a $80 million dollar deal. It will probably take more than a week. The very plus side is that though it is a NYSE stock and so is Cardinal Health. Makes it all very legit.
Its been consolidating very well in this range and the buy volume is pretty consistent. Cardinal Health is trading at $80 right now, once Navidea gets the $80 million plus pulls themselves out of debt plus has a better future with upto $310 mill in deals and I think we'll see $5 pretty easy this next round. Just my opinion though.
MMs are just filling the gap right now from the jump it made yesterday.
I was flipping this before and did well, but now the swings are pretty much over and the consistent volume shows that this is getting read for leg 2.
cheers,
moe.