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I think a better idea would be to get Durrant scheduled for a lot of on air interviews CNBC, Bloomberg, etc
I just got $HGEN added to stocktwits for anyone interested
Boom! On a side note how do I go about becoming a JP Morgan client and getting these sweetheart deals
Still hearing pricing today guys? I hoping so. These can be announced pretty late into the night sometimes
Lets wait and see. Wouldn't be surprised if they tried to drive it down again before close. Ill be looking to add a bit later in the day
So, wait till shortly before market close if we plan on adding today?
Yes, they have the young IB analysts working late night processing everything. Not sure how that changes with everyone working remote.
This is so frustrating
What is going on? I dont usually buy into the SP manipulation talk but is there any other explanation for what just happened at the close?
I dont see how they would time up? Offering will most likely be completed this week. Phase 3 results wont be released until the end of October
I am almost positive that is not true
What do you mean by this? Why would share price have to be maintained for 5 days? Once they are up listed, they up listed
You think any chance they announce pricing after close today?
Yup, I think so. Think offering price of $10 will be announced after the close
Anyone have any insight on the timeline of the Public offering? I assume about a week at the latest?
You might be right. I originally read it as after the offering closes but I may skimmed over it too fast
So what is a realistic time for how long the offering will take and when we begin trading on the Nasdaq?
Yes, I suspect this will be the case for most of the larger brokerages.
The majority of brokers have not been able to clear the shares yet, which is causing low volume.
I dont think you can really make anything of it yet. Volume is extremely low because most brokers have not been able to clear the shares yet.
Where are you getting quotes? You might have to keep giving us updates throughout the day as it seems most of us aren't getting them through our brokerage.
They are already changing my shares in Schwab. Though it didn't happen until 4:30?
https://www.quora.com/Is-it-true-that-putting-a-high-limit-sell-order-will-prevent-shorts-from-borrowing-your-shares#:~:text=Yes%2C%20probably.,held%20in%20a%20margin%20account.&text=Point%20is%20short%20selling%20should,were%20no%20shares%20to%20borrow.
"This is completely untrue. As others mentioned, you must request a certificate of your stock in order to be in possession and keep them from being borrowed. Most brokers do not do this because the make a percentage for the transaction. Otherwise, with a fully funded account you can collect these interest rates/rebates yourself. Your broker is the holder of your position and reserves the right to loan your shares at any given time. This is written in your brokerage agreement and if not readily available you can give them a call.
Setting a high limit order gives the clearing firm or third party that your broker may or may be under contract with the ability to see where your position will possibly be sold and gives them the opportunity to continually sell and buy back, some times hundreds of times in a matter of minutes, your position. With high frequency trading this often happens from algorithms or a “black box”.
Furthermore, there are plenty of contractors and promoters working the chat rooms and forums telling people falsely that if they set high limit orders they will protect their positions. But actually, they are misleading them in order to scope their possible exits for the reasons previously mentioned and put selling pressure on the order book.
Many argue that these practices are a conflict of interest and rightfully so. Beware people on reputable sites like this that carelessly give you false information because they may have different motives than “trying to help”, especially if they think it doesn’t affect your position. When brokers negligently loan out shares that aren’t available, it can cause a “short squeeze” that could send a Security to extreme highs (DRYS 2016)."
You can always just wait and see what price action looks like after the RS
I am just saying what was stated on the call. I have no expertise on the subject matter
For what its worth lazy hack job articles like this may be contributing to our declining share price as well: https://www.barrons.com/articles/regeneron-covid-treatment-probably-missed-bus-antibodies-cocktail-51599760755?mod=hp_DAY_1
I dont understand how a reputable source like barrons can publish an article like this. Are they just assuming that either MRNA or PFE is guaranteed to show efficacy?
If I remember correctly they said something along the lines of they would be more inclined to the interim analysis if the enrollment was going slowly but since it is not and they expect enrollment to be done by the end of the month or early October they don't see the need the have to delay the trial for the analysis if we should expect results by late October/early November. I am by no means an expert on FDA regulations so I cant really comment on why the interim analysis would delay the trial
They would have had to delay the trial if they did the interim analysis. They outlined this in the call last week.
We seem to be in a pattern of afternoon selling pressure everyday
Thanks let us know what he says in regards to the Cusip number. Many on here are very interested.
Geez! How many shares do you have?
They discussed it briefly on the update call last week. They acknowledged that they understand the Uplist is very pressing to many shareholders and are working closely with Nasdaq and expect approval in the near future, but did not get into the specifics of minimum bid price
any chance this was short covering?
Any chance it was a short covering?
Ok thanks that makes sense. you seemed to express some concern in another post of why the cusip change wasnt listed in the 8k. I am trying to understand what reason the SEC would have to reject a cusip change, and what parameters they may consider in their decision
What is the significance of the Cusip change? Is it just to clear any memory of the Skereli years? Or is it needed for the Nasdaq uplist.
I am hoping the sellers of the R/S news are drying up and we can remain stable until Friday
just bought another 1000 shares here. You seem to have quite the bankroll
Green Power motor just got uplisted last week. It looks like they have done a reverse split but Im not entirely sure
Thanks for this. Just out of curiosity, I noticed we had a lot of big name analysts on yesterdays call. How common is it to have analysts joining a call for an OTC equity? From my experience it does not seem often, which makes it very encouraging that HGEN is getting this kind of recognition. Also can a firm like Wells Fargo or Cantor invest in OTC stock or would compliance not allow it? In which we could have a great deal of institutional buying once/if uplisting happens
The CYDY CEO is probaly lying he has an extensive history of doing so. Also isnt CYDY dealing with foreign regulators since the FDA wont give them the time of day? They may have different restrcitions/regulations