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lmao!! You think it just got better? lmao!! too funny
WOW! R/S came a lot quicker then I expected! 1 for every 250...we all have just been squashed! I would love to hear someone spin this positive...lol.
Ugly trading this week. I think it's gonna get a lot uglier next week. Hopefully the company will refrain from putting out anymore bad PRs. Those last two really did a number on this stock. Maza...SELL THIS COMPANY!! lol. GLTA
tyfoidhana...I wouldn't advise anybody to buy anymore of this stock. While I do think we have a chance at a buyout, everyday that goes buy I believe that chance gets slimmer and slimmer. It's your money and you do what you want with it. I know i wouldn't buy another share of this...no sense in chasing more money after bad. GLTY
I believe this downward trend will continue well into next week. As I stated over a month ago, this stock was being walked down after that little pop to .015 or so. Now I believe new lows will be seen next week, more then likely the .0025 to .0035 I said it would go to the other week. IMO that dud of a PR from Intellect on July 31 is what set this most recent drop in motion. I have said it before and I will say it again...the only way any shareholder here will re-coop any losses or make any money would be in a buyout. This litigation with Pfizer is just beginning and will take years for an outcome, I have said that for some time now. We need a buyout and we need it NOW! Come on Maza...sell this company!! GLTA
While I disagree with a lot of what this board has to say about this company, I do agree that anyone selling right now is nuts. If you have been in this for 2 + years then you might as well see this thing all the way through. Bust or Boom. GLTA
Looks like we will touch the .004s today. I think next week is when we will see new lows here. Hope there are some buyout talks going on behind the scenes. GLTA
As I stated earlier mkaiz...you have no idea what you are talking about. Believe whatever you want, get as emotional as you want. I will hold out for more than a double from these levels in a buyout...The rest of the conspiracy theorists here can agree with each other and call everyone who isn't delusional a basher. lol. GLTY
Funny how some conspiracy theorists try to twist my posts. never TOLD anyone what to do with their money or how to invest. Just stated my opinion. Also funny how the very same man who was saying he was going to take Maza and the company down a year ago (because he had info he was going to give the sec) and praised Chain for having so much integrity, now says the exact opposite...lol. he also states the price will not go down, even though it IS going down. GLTA
mkaiz...I am now absolutely certain that you don't know what you are talking about. First, if you read my last post, you would see that I am a shareholder of Intellect...not a shorter. Secondly, what you wrote isn't shorting...you don't buy in high and sell low if you are short...lol. I think you are way to emotionally invested in this stock. I believe you said you were a construction worker and have put 12 thousand into this. That is way to much money to put into any pink, especially if it is money that is needed for your day to day living. You really need to look at the reality of the companys' situation, not just people on this board saying what you want to hear...like it's going to $1 or more nonsense. All I can say is what I have been saying...if you don't like my posts, or just can't emotionally handle my posts, then simply don't read them. In any case I hope you are able to make money or at least eventually re-coop some of your losses here. GLTY
James, so you're saying I should sell them for a loss and then buy back lower and sell for another loss? lol. No thanks. I am hoping Intellect will be bought out for around .015 eventually after Chain, Maza the BOD etc..take their piece. That may not happen, but if it did I would be happy with that. I have no intention of selling or buying anymore shares here until/if a buyout occurs. GLTY
Anyone who thinks I am trying to scare people out of shares so I can buy more at a lower price is delusional. I wouldn't buy another share of this stock with someone else's money, let alone mine. I am saying the stock is going lower because the stock IS going lower right now. I believe this will continue into next week and a big drop will occur after the Aug 12 meeting is adjourned. The conspiracy people on this board are too funny...lol. I am a shareholder of this stock and want the price to go higher, however, the reality of the current situation is things do not look good and I stand by what I said last week...that PR was in no way shape or form good news, not even close to good news. You can see how the market reacted to that news. GLTA
This is trading pretty much the way I expected after the latest PR. I believe the Aug 12 date will be adjourned and we will see a big drop that day or the next. Still expect to see new lows here...somewhere between .0025 to .0035. IMO. GLTA
Putting a lot on me there tmic...lol. I believe there is some value in Intellect...how much for common shareholders is uncertain. In the case of a buyout, common shareholders would only receive a percentage of what was left after everyone else from the company..Chain, Maza, BOD etc..got theirs. I think Intellect hasn't been bought out because large Pharmas know they can pick up Intellect a lot cheaper then the company wants to sell for and that's why I believe there hasn't been a sale yet. The only solid trial Intellect currently has a piece of is the one for OX1 with Shire. Ponzeumab is in dispute and even though most people seem to think Intellect wil eventually prevail (myself included) no one can ever know for sure. Plus I believe that dispute isn't anywhere near over. Pfizer will continue to fight Intellect and this will go on for at least another two years. IMO. Like I've said in the recent past here..I'm hoping for anywhere between .015 to .025 cents for common shareholders in a buyout. But the recent PR with the new financing deal makes me believe we are more likely only to see .015 max in a buyout. That is still more than a double from these levels though. This is my opinion and has been for some time now. GLTY
tmic...you really have to take a good look at that PR Intellect put out. It was not a positive PR and the market is showing that to us by the way Intellect is trading. To me the PR is basically saying that the company has done absolutely nothing for the past year and a half. All that talk about Pharma companies being interested in CONJUMAB and now we find out that they aren't even ready to bring it into clinical trials yet. Intellect engaged EVLI over a year ago to help and nothing at all came of that. The only thing that happened (and that just recently happened) was the financing, but it came at a HUGE cost to common shareholders. The more I read that PR, the worse it sounds. The only news that can help shareholders reduce their losses here would be for Intellect to get bought out. I am hoping that Shire or possibly GSK buys us out before the end of the year. Hate to be a downer...I would have loved for Intellect to finally put out good news. All in my opinion. GLTA
I got it from the same place where you got yours that is telling you there will be a settlement soon...lmao! GLTY
Exactly...expect low volume and around 5 to 10% drops over the next week and a half. Then after Aug 12 adjournment I expect a huge drop. GLTY
Well I hope that you're right, but I strongly doubt that happens. Looks like the share price is already beginning to drop...I expect a huge drop after the next adjournment Aug 12...believe we are gonna see a new low...anywhere between .0025 to .0035. Gonna get real ugly here. GLTA
buckiii2...if you go back to the June 20 2013 press release you'll see they say that orphan drug status wouldn't be applied for until after Phase 2 proof of concept was completed and reviewed...that is years away so that isn't anytime soon. I don't think they get any milestone from a completion of phase 1b or start of phase2, but I could be wrong. One thing is for sure, if Intellect doesn't get bought out or get a partnership soon then this stock is going to plummet. That 1.2 million won't last very long. The 6 million they received at the end of 2011 from Viopharma didn't last very long so 1.2 is only going to get us so far. GLTA
TheSaint09...Do you know if Intellect would be due a milestone payment after phase 1b is complete? I'm not sure if Intellect gets a milestone payment when phase 2 is started. I could be wrong but I'm pretty sure that Intellect wouldn't be due a milestone until after phase 2 was complete. You are right about a partnership with a large pharma...that would definitely move the share price. I really believed what they were saying two years ago when they said Pharma companies were interested in CONJUMAB and thought we were close to a partnership. Now that they are saying that there will be more preclinical studies, I don't think they are anywhere close to a partnership. My hope is that Shire buys Intellect after phase 1b trials. GLTA
Some people on this board are just, sorry to say, completely delusional. Pfizer is never going to settle with Intellect. The only way Pfizer will pay is if they are ordered to, after a long trial. This is just beginning and will probably take a year and a half or two years to complete. I for one don't care either way about this trial...it might take a bit longer now but eventually Intellect will be bought out IMO...and not by Pfizer. GLTA
So being around for tomorrow is great news to you? I don't know about anybody else but I expected a lot more to have been going on then what they put out. I was looking for more than just we are still here...I was looking for actual progress. GLTA
mkaiz...This is news...it is hardly great news, and I'm saying it's actually bad news. They aren't saying anything here that they haven't said in the past...looking to develop the pipeline, positive about the litigation...etc. They have said these things 2 years ago...actually 2 years ago they were done with preclinicals for CONJUMAB and now they are going to start more? That means they are no where near what Chain was projecting 2 years ago. Don't even get me started on Chain...they are keeping this guy as a consultant? That's like having the other teams Coach that you're playing telling you how to beat them. If the BOD have just come up with this plan just over the last several months then what did we hire EVLI for a year ago? What happened to RV03? Intellect said it could be a potential vaccine for ALZ and now they don't even mention it...what happened to it? Did it get absorbed into TauC-3 platform? It is good they reduced the debt, but what is the cost to common shareholders? Maza is the new CEO...Maza and the BOD were looking for a CEO and they took a year to tell us that it was going to be Maza...again, he was the CEO in the past and was the reason for the toxic financing in the first place. Tell me what is exactly so great about this news mkaiz, don't just regurgitate what somebody else has already written.
We will more than likely see new lows here in the coming months if a buyout doesn't occur. I don't believe a buyout is on the Horizon now after this latest PR....still can't believe how dormant the company has been. CONJUMAB getting ready for more preclinicals I think is the worst news in that PR. Thought they were close to a buyout or a partnership to take CONJUMAB into phase 1 clinical trials. Going to get really ugly here...well Im still here bust or boom...GLTA
Mixed feelings about todays PR. Glad they finally updated the shareholders, but very disappointed on how little has actually gone on with the company over the past year and a half. I understand they had limited funds to move programs forward, but they were talking about Pharma companys' being interested in CONJUMAB 2 years ago and they are now saying that they are going to have more preclinical studies for it? What happened there? A year ago Maza said they were looking for a new CFO and CEO and a year later he becomes the CEO/CFO? What? They obviously didn't look very hard on that. What happened to RV03? Is it part of TauC-3 now? Did they scrap it? The BOD came up with this plan over the past several months? What the hell did EVLI do for them then? Chain is staying on as a consultant? Even though his company has an antibody that is in direct competition with TauC-3? Little conflict there. Glad they are doing something with share structure and very glad they received financing to keep operations going. Well that's my rant...lol GLTA
I believe these delays are from Pfzier asking for more time. I think Shapiro is agreeing with these delays so that if/when Intellect wins this suit, Pfzier will be less likely to appeal the decision, since they were given more then enough time to make their case. Smart move by Shapiro...I still don't see Intellect being around anywhere near long enough to see the decision though. I believe a buyout from a large Pharma is coming...hopefully soon. GLTA
I believe we will close at .009 or slightly above today.
I believe this most recent delay is signaling a buyout. Hoping like hell that it happens before end of July...GLTA
buckiii2...They received the patent for Ponzeumab..that is what the lawsuit is over. They don't have the patent for Bapi in Europe and I'm pretty sure they don't have it for the US either...that is why I was so surprised back in the summer of 2012 when Bapi failed its phase III trial that Intellect plummeted so much in price. I am almost 100% sure they don't have the US patent for Bapi..that is why I am saying that current Bapi studies don't mean anything for Intellect at this time.
I know for a fact they don't own the patent in Europe...I am just not sure if they were ever issued the patent in the US...I am almost certain they weren't though
I believe Intellect doesn't hold the patent in Europe...I believe it was JNJ who appealed Intellects patent rights and won back in 2011. Intellect said back in 2012 that they were appealing that decision but there hasn't been any update since then, and I don't know if anyone can help me out with this but I don't believe Intellect has been issued the patent in the US yet either. I never saw them announce it. So Bapi being tested again really doesn't do anything for Intellect at this time.
Big spread between bid and ask so far today. Hope to see that gap shorten as the day progresses. I think next week regardless of what happens with the court date that we will hear some kind of news. GLTA
I think all the little ups and downs here over the past few months are irrelevant. I believe the company will be sold. I believe the posters on this board hold a large amount of the current outstanding shares and are also the ones who still buy the shares. That's why you don't see heavy volume in this stock. I remember last year a poster said they owned over 23 million shares and I'm willing to bet there are quite a few here who own 3 million+, so most people are just about all loaded up...I know I wouldn't by any more shares and I don't have anywhere near what most people hold here. Payday is coming so don't sweat the dips. Everybody has there target price for a buyout. GLTA
Tencoin...where do come up with this outlandish information? Just the other week you said that Judge Oing and his wife bought shares of Intellect, and now this? Do you just post whatever pops into your head?
Hope to see some news this week...way overdue on that front! GLTA
Amen Shaka...I couldn't agree more with your analysis of the market and your opinion that there will be a complete sale of Intellect. I know what price Im looking for and i think we will have a sale any day now. GLTA
Pfzier is going to drag this thing out as long as they can. Oh well...still believe we hear buyout news anytime now. GLTA
Definitely not the kind of volume or price action I expected to see today. I think if this hearing was positive for Intellect someone would already know and be buying, could be wrong, but that's what it seems like to me. Come on buyout!!! GLTA
Hope to see some real volume today...25+million. Anyone gonna sit in on this today at 1030?
Nice trading so far today...very thin between ask and bid. Still would like to see way more volume, but I'll take what I can get. GLTA