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great selling volume lol
good news is, this stock did the exact same movements a few times before it ran up to .20. we had several runs from .05-.08 before it finally exploded to .20. Good things are probably ahead. just remember to always short it because it always comes crashing back down.
LOL from .07 back under .05, incredible. ALWAYS short this stock. ALWAYS. NEVER holds a gain.
typical QNTA, pop at the open on news, back down
I'm not in front of my computer - what is CFGN at right now?
needs to break .07 to move up
nice pop
I’m not sure how long studying toxicological effects on DNA takes but that’s seems like it’ll take more time? I mean it honestly seems like kind of a ridiculous request. How is this drug going to alter the DNA of who takes it? Are there drugs that do that out there already??
Read the wording carefully. They did not get approved. The FDA requested they complete two more studies on animals testing the toxicology effects at the DNA level.
Ended up being correct bro. They requested 2 additional studies.
How are you guys feeling about this? It seems like good news, lot of good info in that news. Personally I feel like if the FDA is making them go backward to animal toxicology studies that might not be a great sign since they were already in human trials in the DR.
This stock has always been that way. They have been releasing “good news” for months. It only ran to .20 because by my estimation some insider ran it up to cash out a large stock grant
The company loading or dumping shares?
I doubt the PR this week has anything to do with the FDA app. It’s probably something with Tony Hawk or maybe a development with their DR distribution of Escozine
Would think we would see more buying if that were the case….
No way, Escozine and Escozul have been around for at least 10+ years. No one is afraid of it.
I feel the same way. Not a good feeling. Sell volume has been 2 to 1 this week. Insiders selling out because they already know.
PR expected this week regarding the FDA app per Tom Nelson....
I'm just shocked there's not more buying at these levels. If we don't get any it's going to go much much lower :(
If they had approval or even the chance of approval, there would be buying going on. Just the normal algo flipping though. No hype. Dead stock.
They added 6x the authorized shares to 3 Billion. They just added 100m to the O/S this time around, but that number will likely increase rapidly. They wouldn’t have added so many to the A/S is they didn’t plan on using them. Main question will be how many of those shares they add to the O/S.
Just calling it like it is y’all. We should see a lot more buying than we are at these prices. And there’s a legit concern about dilution here.
Sub penny is possible depending on how many shares they open up to the O/S
Double the amount of selling to buying volume today. 2 to 1. not good at all.
I mean it can't go much lower right?
volume breaks it, we don't have any right now
we need volume so badly. this is bleeding and the only cure is buying
Not expecting anything at this point.
I want to be positive guys. I really do. I was positive yesterday seeing Tony Hawk sign on as an endorser. But then the very next day another -20% BLOODBATH. It’s like this stock takes one step forward and two steps back.
What’s buy/sell ratio today?
another -20% day and the topic of conversation is what sport is more popular around the world....incredible. I guess everyone likes losing money.
.02-.03 is buying position for this, if even there. There is a real chance this goes sub penny.
Just because I own this stock, it might be the first one to go to absolute 0.
We might see sub .04 today. Goodnight to this broad.
Will this randomly hit .25 before September? Maybe. But I 100% guarantee this stock isn’t trading anywhere close to .25 consistently by then. Not with the A/S raise.
It has done that many times when it has crashed down. This is going to test the .02-.03 range soon if they open up more shares. There really isn't much to be excited about by the way they are handling their shares.
I'd love to sell, I just can't justify taking a 45% loss on this stock right now. But on the flip side if things continue the way they have been, this might literally go to sub penny if they issue all those A/S they added. Add an A-list endorser, price doesn't move. Do a shelf offering, price drops 17%. It sucks but this stock is trending down. Hard.
Climbing? What chart have you been looking at lol
Why not set it higher then?
Offering at .05 was super low. Shows how little interest the market has in their company. It’s like a bad pitch on Shark Tank.