Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Furthermore, uplistings are usually anticlimactic affairs. I've been in quite a few stocks that moved up the chain - accompanied by tons of excited posts, some by me - that was followed by nothing.
I once was in a company that went straight from the pinks to The American Stock Exchange, and the followers of that company here on IHub, including me, were having heart attacks of excitement, but it didn't raise its visibility or its share price. Nothing happened. It takes increased earnings, REAL news, or a lot of hype to raise the price of a stock.
IMO, DECN will never climb the ladder of exchanges.
Thank you ThaiLove. Following this argument, it is clear that Alydyr's point that the pr from Berman stating the boards approval of requesting an up-listing is in no way proof that an up-listing application was ever filed.
It is now undeniably proven that DECN has not filed an application for up-listing.
End of argument. Optimists must now hang their hats elsewhere.
Management would probably consider rejection not material enough to inform the shareholders of. Better that they stay on pins and needles in anticipation of imminent uplisting.
Is 8/17 a hard date? If nothing happens on or before 8/17, will we all agree that DECN is not going to meet some people's expectations?
Didn't they announce that they were going to apply. That doesn't obligate them to actually apply. They would do that to get investors excited and buy more shares, shares that insiders are selling.
PS - The last trade was at .10.
To whose advantage would it be to sabotage their uplisting, diarch?
Don't say JNJ, because on what board DECN is trading will make no difference to the final verdict of the lawsuit.
There are hardly an y shorts, so to whose advantage is it that the price is decreasing and it's on the pinks?
It's my opinion that it has been methodically driven down by insider sales, by recipients of the preferred shares. To you. Next up - a dime.
Yeah, hahaha. What a ridiculous idea that the stock is tanking.
The Rise of DECN
One can only hope.
There will be better bargains in the days ahead, diarch.
The chart's irrelevant. DECN's a story stock, and its story has grown threadbare.
Well, not any longer I guess.
I have no idea who is to "blame" for this situation, and normally I would never defend insurance companies as I think they are the most thieving institutions in the world (and the real death panels in America), but the patient assistance programs did not cover people who were not eligible for coverage under their insurance or who didn't have insurance, it covered patients' co-pay, which, for an $86,000 drug, could be considerable. If Gilead itself is no longer offering financial assistance, there are numerous institutions and funds that do help patients cover their co-pays.
Of course the real solution to the financial mess our health care system is in would be single payer health care, like every civilized nation in the world has. Medicare for all and down with corporate greed.
CTD Holdings Receives $1.3 Million Follow-On Investment Led by U.S. Pharmacia Investment Arm Novit L.P.
News
Yes, it only closed down about 7% today, certainly the sign of an upturn.
Turns out the fat lady was just clearing her throat.
It's All Good
What is the stock price indicative of, Keeps?
DECN is not representative of "the street". It's just small penny stock with a big story that hasn't panned out.
There will be even better ones in the days ahead.
What we're seeing now is a fat lady singing.
Things aren't getting worse here?
.14 - .145.
DECN is at a two year low.
DECN 2-Year Chart
I'm observant.
IMHO, decn will never trade on the OTCQX.
Why would the price of decn stock be of any interest to jnj? It has no bearing on court proceedings. I realize that when you're getting your pants beaten on a losing stock it's comforting to blame scapegoats, but oftentimes the reason for the poor performance is much simpler and only reflects the sentiment of the market, and doesn't alter the fact that the stock you have invested is not doing anything the way you had anticipated it would when you bought the stock.
To the best of my recollection the questions I have been asked were along the lines of "Is it not true that DECN has beaten JNJ 5 times in court?" OR "Is it not true the DECN is developing a new product with a Korean manufacturing company?" And other stuff along those lines. I believe that those tales have been given a great deal of spin, and we actually know little of the factuality or significance of those stories.
But best of luck to you. Shares are available at .15.
Do you believe that the low price of decn shares is because of Alydyr?
Why would someone intentionally drive the price of decn down? There is virtually no short interest. Indeed there is virtually no interest one way or the other. The person (or persons) who is steadily unloading doesn't want the price to go down because they still have more shares to sell. They're doing their best to keep the price up. So, why would it be to someone's advantage to drive the price down? Maybe the price is going down for the traditional reason -- there are more shares for sale than there are shares being sought. The question to ask is why, with decn right on the verge of tapping a huge influx of income, does nobody want to buy the thing.
There is nobody trading this stock. There is no money to be made buying and selling it. What, someone's buying 5000 shares at .16 and selling at .1699? Whoop-de-doo. And this is the cause for DECN's pathetic share price? There must not be much of a company behind this if traders of this tiny magnitude can keep the share price so low. And why would traders want to see decn capitulate in the suit with JNJ and see the share price sink even lower? How do traders make money playing a stock that just goes down? That argument doesn't even begin to make sense.
The fact is that despite the wonderful narrative you repeat, the price is under .17. Why isn't the fairy tale believed by a handful of people priced in? Because it's BS, that's why
I've consistently been more right than you for about a year and a half now, ever since I spit out the lemonade and started thinking for myself.
I'm not an expert either, but I suspect that by September the stock will be trading in the 14-15 range and it will not have been "uplisted," nor will it ever be.
I thought settlement time was last week, and the week before that, and the week before that.
I think there has been a great mis understanding about this suit. There isn't going to be a punitive fine against jnj. Jnj filed a patent infringement suit against decn which they are going to lose. They will have to pay decns legal fees for losing this unwarranted suit. The money they pay is going to decns lawyers, not to decn. If decn wants to receive damages for having this suit filed against them, they're going to have to file another suit against jnj. More years, I'd estimate. Good luck, mades.
II
Like I said, the dumping has been very controlled and has been going on for months. Just a little every day. Drip, drip, drip.
The dumping is well controlled so it's taken some time. I expect it to be a slow slide to .10. I'm beginning to doubt my oft stated belief that there is still one surge left.
They will still be a tiny company in competition with one of the biggest and baddest competitors in the world, who might in fact be out to get them.
I'm done posting for the day. We have this cancer thing going on.
I am only privy to JNJ stuff. I really don't know how the market will react regarding DECN. It was an opinion.
This I know for a fact: JNJ's sp will be unaffected by whatever happens.
My confidentiality agreement is with JNJ. I'm free to talk about DECN. Whatever little agreement is going to have a big but temporary impact on DECN sp. It will have none on JNJ.
JNJ does 74 billion dollars worth of business a year, and their glucose testing division is only a teeny tiny part of it.
I have to go . . . we're about to announce a cure cancer.
Sorry, I've signed a confidentiality agreement.
Just this morning I was predicting that DECN was going to hit the .20s, and now the the sellers using CDEL are asking .17.
I've always maintained that DECN is going to have one great run before the jig is up. It's an old Wall St saying that I'm sure everyone here has heard before: Bulls make money, bears make money, pigs get slaughtered.
That's right. A lot of the optimists here have been in the red for years, and yet they remain absolutely, positively certain that DECN is a goldmine. Their goldmine.
None of the previous predictions of glory, none of the previous timelines have ever panned out.
I understand. I've bought countless lottery tickets in my life. I've never won, but I'm going to buy more today.
It's never wrong to take a profit.
The future is often not what we expect.
Will look forward to news.
Correction: CDEL is now sitting on the ask. Never mind.