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Really glad I threw some money at this at .0009 this morning
Exactly, IMO JRRD is going to do well through the rest of the week.
All of the millions of shares that BMSN has paid out to people for "issues", those companies will eventually want a return on their payment in shares. They will have to try and let the pps rise so that they will gain some kind of money from this deal with BMSN. If the stock goes to trips then BMSN made out like a bandit, with paying for their problems in shares that are worthless. On the other hand if a company or individual was willing to be paid in shares versus cash, then they must have had some confidence in BMSN as a whole in the future. Just my opinion on the whole diluting issue we are seeing now with BMSN's pps.
There isn't really much to say on here at the current time. I still have a position in BMSN, but I have just been playing with some other stocks in the mean time and letting this sit for new in about 2 weeks or so from the FDA. I think there are others in the same boat as me. Waiting for news, but don't have much to say at the current time as we did DD a long time ago and know the potential of what we own. There isn't going to be much action on BMSN until news. If there isn't any news and we get about a week or a week and a half from now, we may see this start upticking slowly with anticipation of possible FDA news at the middle of the month.
Don't think it goes anywhere near .001 just based off the fact that the FDA pending results are still up in the air and can come any day. Plus a ton of people have bought back in at these levels over the past few days and will want to wait to sell for some kind of profit.
BMSN does not have approval yet they have an IND# which means they have an application in with the FDA for Hemaxellerate to be reviewed. At this point is has not been denied or approved and a decision one way or the other could come any day now.
I'm feelin a good week for BMSN coming up next week...I hope it's better than my March Madness brackets anyway lol.
jcabrer, for some reason its not letting me PM, I have a subscription and can view L2 and all that good stuff so I don't knwo what the deal is.
The dilution is not that bad, it is how sub penny companies gain capital so that they can finance projects such as Hemaxellerate, it's not a great thing for investors but a good for the company to raise funds.
It's mostly going down because of dilution of shares, MM's trying to aquire cheap shares for clients, shorters pushing it down farther, scared and impatient investors. Technically there isn't anything wrong with BMSN as far as hemaxellerate goes, but with the preposed possible acceptance date being pushed back there has just been a perfect storm of events for BMSN do drive the pps down.
This was worth more than three times it's current value 2 weeks ago...and the fall was for no reason other than there are impatient investors, shorters, and MM's trying to aquire cheap shares for their clients. BMSN still has hemaxellerate in progress a for possible approval. They have world class scientists working on it..who you can look up any other backgrounds by a simple google search. I am not worried at all here and have picked up some cheap shares a long the way. It will bounce back up in time, there is too much going for it here, but it is being manipulated and shorted like a mofo currently until some kind of news.
Sorry to hear about your losses so far, but I still think BMSN goes back up, the question is when will they release news of some sort.... Also, try not to put all your eggs in one basket and spread your money around in different stocks. Good luck here man.
Sorry to hear about your losses so far, but I still think BMSN goes back up, the question is when will they release news of some sort.... Also, try not to put all your eggs in one basket and spread your money around in different stocks. Good luck here man.
If your already down quite a bit you might as well wait it out for news now.
Friday and Today have had tons of buys with little to no price action upwards. It's clear this wants to move up just it's currently being held back.
What are you trying to say here?
We break 50MA and it's off to the races today.
MA was a huge support level and because we closed beneath it, it has become a major resistance level now.
Yup...highly illegal what goes on daily with the MM's manipulation.
Stair stepping upwards nicely this morning.
He said .008 in his post.
Hurry and get covering Parker.
That's a lot of shares traded for not much pps change. This is a straight up battle right now for pps lol.
Well lets break .01 first then see what happens lol.
There is no way it closes red today after becoming full compliant and getting upgraded to QB status.
Yea LLC's can be shady sometimes so i'm not uber excited about that, but who knows maybe they know something is up with BMSN. I know a normal person or company would dump millions into a penny stock if they didn't think it was going somewhere.
A "Whale" is just wealthy investors who have lots of money to throw at any given stock.
Those shares were not aquired by one person. The company who bought the shares was an LLC which is a limited liability company. An LLC is a company that tries to blend partnerships and corporate structures. In other words it's a buisness that has characteristics of both a corporation and a patnership. They are a company that provides limited liability to its owners under United States jurisdictions. Each state has different regulations on LLC's. The LLC could technically be owned by many people and isn't just the guy who signed the paper.
Owners of an LLC are called members. Most states do not restrict ownership, and so members may include individuals, corporations, other LLCs and foreign entities. There is no maximum number of members. Most states also permit “single-member” LLCs, those having only one owner.
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Limited-Liability-Company-(LLC)
Nice to have you back willmakeitrain, good luck BMSN looks prime to explode here soon.
Well at least my march madness bracket still looks great lol, much better than the BMSN world today.
No probably not, but it's a good sign that now that they have the 10-k, 8-k, and 10-q out, along with the FDA IND# from the other day they are good to go in the eyes of the SEC and with whoever wants to fund them for Hemaxellerate..or buy them out.
Looks like the bid and ask are lower than the close yesterday at .0095 and .0097 so that's a bit of a drop, but who knows this stock is extremely volitile lol.
The downward momentum seems to have finally slowed down and I look for it to turn upwards a bit here soon.
And how exactly is this being diluted where is your info to back it up?
The 18th was the day BMSN issued a PR and said that they had recieved an IND#, you have 4 days from a material event to report it to the stockholders. This means that it could have actually happened as early as the 14th and they waited 4 days to write a PR about it.
The PR wasn't bad at all it just pushed back the dates for the possible full approval for clinical trials and people are getting impatient and sold off.
Ohhhh yes I know lol I work for the government and military and nothing runs smoothly ever.
Oh, I know the news wasn't the best thing that could have been released. Part of that big run up in one day was due to people thinking that the they had been approved for clinical trials when in reality all they got was an IND#. I am still long on BMSN, I am mostly riding free shares from way back in the .002 range so I don't have a lot of issues with letting this ride out and seeing what happens. I didn't mean to sound like a pumper just IMO I think we are still good for now...just the process of getting that official go ahead will take longer than expected and I think a lot of people are losing faith.
If anything BMSN is severly undervalued at this time. IND approval likely to happen any day now, along with world renoun scientists and Hemaxellerate being in a huge break through market everything points north from here. This was valued almost double what it is now at the begining of the week and has gone down for no good reason. It has been pushed down by shorters, flippers, and MM's and NOT FOR BAD NEWS.
Niceeee I like it tight.