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I was down almost $4k today. But it is all relative.
We went down on lower volume, so I am not worried that everyone is headed for the exits. I think the MM's are picking up shares for big buyers. They have to knock it down in order to shake some shares loose.
I think this downward pressure will be short lived, and will pop back up with some news.
What we are seeing is what happens when there is no liquidity due to limited amount of shares in the float and some big guys want in. Lot's of volitility.
Upon further review, TROV is not taking a breather. This is someone pushing this down in order to grab shares. This isnt trading normally, this is an effort to push it down. This is good in the long run and if you can you can get some shares that will look real cheap soon.
Looks like TROV may be taking a breather today. No worries, we need a break once in a while.
If the IP is worth that much, then in some time TROV will be worth 5X that.
I plan to hang around for a while and watch it move up.
What do you think fair price per share should be currently?
Russell 3K and 2K.
If we keep moving up we are in the R3K for sure and possibly the R2K. If we make it on to the Russell that opens the door for a lot more funds that follow the Russell to have to buy TROV. That is why I am saying that TROV may have to work in a split before the rebalance at the end of May. Without the liquidity this thing will move up too fast for those funds to chase it. Not a bad thing for us, but it will skew the market cap too much. Meaning we will get way ahead of actual value.
Everything is looking pretty green ahead for TROV.
While I was away on business last week, TROV was all business.
I like the way this is moving, looks like accumulation and because there are so few shares in the float the ony way this will trade is up. This makes me wonder when the company plans a split. I am sure they will have to do it sooner than later. The big question is 2 for 1 or 3 for 1?
Did we stumble into the stock to own in 2013?
Possibly....
Nice bmp today. A few more days like that and we will be sitting around $10.
I would love to see a big run and a split announced, 3 for 1? would be awesome!
If they can isolate tests for all major cancers and other ailments, just how valuable is this company? Tests that are non invasive and highly accurate, with patents protecting the technology? I would think a big pharma would love to add this as a unit to their empire.
At $2B the PPS would be around $140. I would be a seller at that price.
Roth is known in the Bio-tech space. Until we get one of the big IB's to cover us these small guys are better than nothng, but will not drive the price nor volume in my opinion.
I dont know anything about the other one Ageis.
That dip may have been short lived, looks like we will be going green soon.
Looks like fiscal cliff shenanigans, no volume so I am not worried. besides it would be nice if we consolidated around 7 anyway and digest that move up to here. healthy IMO.
Liquidity will be essential in the near future. beacuse once we get to a certain market cap the index funds will have to add TROV and with no liquidity the PPS would sky rocket. I would be happy if they did a forward split if we get to $10, just a 2 for 1 would add a lot of needed liquidity. I am sure these guys know what they need to do. they all came from large public companies, plus it looks like they are working with some IB's now too.
This could be quite a ride we are in for.
It would seem to me that any unie based test they can perfect opens up a potential partnership with any drug company that sells a drug to combat that ailment.
This could be the begining of many, many more of these partnerships. It would be more helpful to see some dollars associated with the deals. That would tell us the valu of each of these and the potential of the company.
I mean are we talking about a $500M company or a $2B company at some point?
I just bought another 1K.
I am good for a while at this point.
Yep, I am very happy right now. Did you see the "BUY" rating initiated with an $11 target? Nice!!
I am hoping to be plus $7 by the end of the year.
If you think this is a bit high now, it should be way out of reach this time next year.
Looks like only 3 of us own this stock. I am sure there will be others in the mix soon with the run TROV has been making.
Nice day so far, would be nice to take out the 52 week highs before the end of the year.
I am not sure that they would have to wait until they reach a certain number to do a forward split. I do know that they need to stay over $1 to stay compliant with the NAZDAQ among other requirements.
I wish I knew the following:
1. How long does it take to develop a test that can be marketed?
2. What are the costs to develop a test?
3. Does the FDA have to approve of any test to make them viable or if not the FDA what body determines a test is accurate enough to use to detect an ailment?
Anyone know this info?
Solid day. This is an unknown stock with under 15M in the float. Once they can generate some news this thing should move up quickly!
We do need more liquidity though, but I am sure they know this at TROV.
Small pullback and cosolodation. With such a small float i think this may be a short rest before we move up. And of course News changes everything.
I think this will be a $20 stock in early to mid 2013, This will be fun when we can trade 1m shares a day. But we will need a forward split before that happens. Run it to 25 and do a 5 for 1 split? Sounds good to me!!
Closed at HOD. And it seems like nobody knows who this company is yet, YET. It sure looks like they may have a nice niche that can capture quite a bit of business.
I like what I see so far, let's run this up to $10 for the new year!!
I hope this is just the begining of many more urine based tests they can bring to market.
Looks good!!
Where's the volume?
I have him on ignore, you should too. he is an obvious short and not too bright to boot!
One more hour to go and we have been in a holding pattern most of the day and on low volume.
So what can we expect? Shorts start to cover? Speculators come in on the chance we get a settlement this weekend?
I dont know, but I thought we would see a run up as the case draws to a close.
I have Bball on ignore, but here is why $2.80 will not happen.
If the PPS went that low, then the risk vs reward is mitigated, because the downside from $2.80 to let's say $1.50 if we lose is not that much risk versus a win in court that conservatively would mean $7.
So if by chance the PPS did dip that low it would be bought up so quickly. I think we have seen the bottom already (pre trial) at about 3.40, so BBall as usual is wrong again.
In fact as we draw closer to a verdict I expect the PPS to move upwards as more and more speculators nibble for a VRNG win and nervous shorts close out.
This is all IMHO
I disagree with this secanrio on severl levels.
First of all, companies do not make decisions in fear of shareholder lawsuits. They make decisions in the best interest of the company, specifically the officers.(IMO)
Second - We dont know that there are offers out there now, do we? I also dont believe that the PPS is driving decisions, I believe decisions will drive the PPS.
If anything, once an offer is made and let's say it is $500MM, VRNG PR's that rejection and the PPS will sky rocket that they refused this and believe they will win the trial and much more $$, then where is the trap?
The sooner the jusy has this case the better for all of us!!
link doesnt work
Fear and Greed, that's what drives the markets.
Today fear is driving shares into the hands of the greedy.
Sulcier:
Is it reasonable that GOOG used something that didn't belong to them and didnt create to make billions of dollars?
We live in a nation of laws.
Dolphin,
I would tend to agree. I am sure Google probably has on staff someone who was asked to watch the trail and remain neutral and give their assessment on whether they are winning or not. If that person thinks they have lost the jury or they just didn't present a strong case. Maybe at that point they huddle up and decide to settle.
Remember even if they lose and appeal the decision, that does not mean they will get another trial. The appellate judge can toss an appeal if there is no merit to retry the case. Then they are SOL, so by this time next week I think we all may be on pins and needles waiting for a verdict.
Easy money is never easy!
If you were GOOG, would you risk losing in court next week after reporting missed numbers this week?
Can GOOG afford to lose at this point?
Things are getting interesting now!
You can still offset losses against gains regardless if you are a trader.
You can only claim a loss of $3K, however if you had several trades over the year and lets say had $25K in gains and $17K in losses, your net gains are $8 (wash rule excluded)
But if you just want to take a loss, lets say you lost $10 for the year, you can only take $3K this year, however you can use that $7K in the years to come for losses.
That's how I understand it, and is done by my tax dude.
The timing is not of not, this was a planned sale. This is the note on each form.
Remarks:
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2012.
Form 4's out tonight, however before there is a big dust up these were all planned sales and only about 25K shares total. In the remarks I have cut and pasted below:
Remarks:
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2012.
Some people will try to make a huge deal out of this, it is not in my opinion, nothing to worry about. Planned sales will happen all the time at all companies. This is how an office is able to diversify.
Agree: Think mechanism, not code. Code can be changed easily, mechanism cannot.
Show us one analysis that says VRNG is in an overbought position.