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.
Giving away $100's at .025 or .115 or 1.95 is still that, giving away money! I doubt there is anything left here once all said and done...
Eh, my account looks great today... Monday it will look like poo!!!
NO early Christmas present... manipulation by someone who can see the buy/sell screens! They went below my buy price couple times today and I didn't get any of the shares
I show it's 1,000 shares at 1.28 ?
hahaha... Yeh, either this is a BS price thrown in there or someone accidently had a buy at 1.28 instead of .28 and the traders sold to him!
Went well past me too!
Scottrade never would allow me to put a buy/sell in without bid as well as not allowing people to trade certain stocks. You may be able to call them and they will put the trade in, but I just changed over to Schwab and have no issues!
Hmmm... seems an awful lot of volume to upside for no one to be able to buy easily
Anyone see bid/ask here? I see nothing
Not sure about that... but I'm out until the company comes forth with what exactly they're trying to do here. All I see is mega dilution, off Nasdaq, no forward thinking. Makes me wonder if there isn't something else go on, but I'd rather be on the sidelines with my money than risk it all on just another company that uses shareholders for their pay!
BIOD - Get 'em while they're cheap - Enough cash on hand to last to end of 2013 per Earnings conf call yesterday.
Way undervalued as a year ago this was trading over $2 and within 2 years around $5/share.
http://www.biodel.com
$26 million current market cap
avg vol 155k (today's volume 660k - so far!)
38mm OS
Approx 25 million in the float!
Think they are considering both preferred share price, warrants, and the purchase of common shares if preferred shares are sold..
If you read the filing, they have preferreds, they get warrants to purchase commons at 35% discount. If they get rid of the preferreds, they have to purchase an equal amount of commons at 35% discount (my take on the filings anyway, they're created to confuse the hell out of us)
Nice trading this morning... Like what I see!
Looks to me like it's got room to run!
BIOD prepping for a breakout
Witht he volume under 400k and around the 10 day average, doubt any group is buying in yet... Consolidation taking away the cheap shares!
IGXT going! Next stop $1.00
Links/Numbers for the upcoming earnings call
Biodel to Report First Quarter Fiscal Year 2012 Financial Results on February 8, 2012
Biodel Inc.
/PRNewswire/ -- Biodel Inc. (Nasdaq: BIOD) will issue its first quarter fiscal year 2012 financial results on February 8, 2012. Following the release of the company's financial results, Biodel's senior management will host a conference call to discuss the results and provide an update on the company's progress.
February 8, 2012 schedule:
4:00 pm EST:
1Q fiscal year 2012 results will be distributed
4:15 pm EST:
Conference call participants should dial:
+1 ( 877 ) 303 - 8028 (United States) or
+1 ( 760 ) 536 - 5167 (International)
4:30 pm EST:
Conference call begins
Interested parties may access a live audio webcast of the conference call in the investor section of Biodel's website at www.biodel.com. The audio webcast will be archived and available for replay through the website.
About Biodel Inc.
Biodel Inc. is a specialty biopharmaceutical company focused on the development and commercialization of innovative treatments for diabetes that may be safer, more effective and more convenient for patients. We develop our product candidates by applying our proprietary formulation technologies to existing drugs in order to improve their therapeutic profiles. For further information regarding Biodel, please visit the company's website at www.biodel.com.
BIOD-G
Contact: Seth D. Lewis, +1-646-378-2952
Read more here: http://www.bradenton.com/2012/02/03/3844686/biodel-to-report-first-quarter.html#storylink=cpy
Something doesn't seem right here does it?
"We will not receive any proceeds from the resale of shares by Socius. To the extent that the Warrant Shares and Additional Investment Shares are paid for by Socius using promissory notes, rather than cash, we will not receive any cash proceeds from the sale of the common shares to Socius. Socius will pay any underwriting discounts and commissions and expenses incurred by Socius for brokerage, accounting, tax or legal services or any other expenses incurred by Socius in disposing of the shares. We will bear all other costs, fees and expenses incurred in effecting the registration of the shares covered by this prospectus, including, without limitation, all registration and filing fees, The Nasdaq Capital Market listing fees and fees and expenses of our counsel and our accountants. See “Use of Proceeds” on page S-14 of this prospectus supplement."
I believe it's got to be at least 100 shares
so that X 100
20000 bid .65
2500 ask .95
Now currently
bid 2700 @ .68
ask 2500 @ .90
And investorfreak is correct... The bid/ask will not be correct and will very widely until everyone has their shares and normal trading is resumed
.65 X 200 bid
.95 X 25 ask
Must have gotten your fill this morning eh?
Oh, I've done my DD here... been here for over a year :)
I've listened to the CC's, read the filings... Not sure why this went down but apparently someone wants it down at this level!
I'm showing it's at .1715 for 325k shares... Whoever that is definitely wants to get filled - raising their bid like that
Wish I had the free $$$ to have bought at .14 today (stupid 3 day rule)
Average is .34 (bought initially at .56 then at .25 to average down)
Only a little further to go!
Might hit 20% of the OS trading today as not even an hour and almost at 3.8 million volume... I really feel for those that bought over .25 yesterday and selling today for .15
Yeh, but for who? And secondly... Why rob the scared investors?
You see that 360k bid that keeps popping up at .1665? Appears, goes away, appears goes awaay...
I see us closing at .17 today at least. Bounced off the 52wk low nicely, alot of support
Apparently you haven't heard the news.. Delisting from Nasdaq
Skeered investors running for the doors and some telling everyone the sky is falling so they can pick up cheapies
Look at some that have delisted to OTCBB/pinks... It's not the end of the world
ZANE - Up slightly since delisting
TRXI - Up a lot since they delisted - from a low of .21 prior to delisting to $1.50+ now in less than 12 months
AERG - Up slightly since delisting
VISI - Up after delisting from NYSE - from $5.50 prior to delisting to $7 now
TBUS - Down approx 20% since delisting
I'm sure there is a reason beyond your comprehension of reasons to delist and why they're doing it at this exact time... Look at the buys coming in, hope you didn't sell out at .14
Almost 150k so far in PM and it's mostly on the ask side... I think we're going to have a decent day even though it's a draw back to last week's trading levels
Sick, just sick...
Scozzafava should be the one getting sued by YA - Hacketts have absolutely nothing to do with it! Problem is they're going where there's money in the pocket as Tom has both picked himself as well as his stockholders dry and probably hid all the assets with friends/family - leaving only liabilities floating around in the shells
That's like me getting a loan to buy your car, then the bank coming back and suing you because I didn't pay them! I feel for the Hackett family, first having 90+ years of family stores ruined in months, then having this...
Doesn't it make you wonder why they did this NOW? Volume starts coming in like crazy on the 17th, price starting going in the green slowly but surely and on the 26th they decide to "delist" yet not advertise this until after hours on Friday when there again is 5.88 mil shares purchased and serious price movement to the upside?
Seems like me there is a reason they don't want the pps to climb such as wanting the pps low to take private/buyout. Or even to have reason to "gift" themselves more shares before this thing goes up?
I gotta hold on this one... I don't see it dropping below .15 here (remember, phase III and proven safe)
Ask already climbed to .17 in PM with some decent trades going off
Also check out this link to Bionovo's patents!
31 BNVI patents on extracts/technology/therapy
Looks to me like someone is trying to create demand to dump shares.
I'm not buying, nor selling... I'm holding to find out which direction the company is going. They just got $5 mil financing with preferred shares. For them to sell those shares, they have to buy the equivalent money value in commons. You cannot tell me this wasn't discussed with the company loaning this $$$
There is something going on here none of us know or understand, but there is definitely something going on. I'm in for the ride to find out!
Gotta be something behind it.. why not wait another 30 days to come out with this news?
Why do they want dumpage? 54 million shares, do they want the pps low so they can take it private? Does someone want to make a tender offer and if the pps is in toilet it's cheaper? Doesn't help some of us here since .60, but...
Can't respond to email but if you'd like to send me email I could do that!
I would have had a great weekend had they not done this til Monday afternoon! I was almost up to my average of .34/share (averaged down a bunch)
Makes me wonder if something else isn't in the works... market cap is seriously low. They just got financing. The volume this past week has been crazy. They still had time to get the pls up higher... why do this now? Not to mention the new compensation filing changes! Do they expect a hostile takeover and/or buyout offer?
I'm wondering why this now? Volume has been huge, has been climbing in price and they still had time to get back up... Why bring out this news when the stock is just starting to turn off the bottom?
Unless they or someone wants to pick up all the shares on the cheap? Other than that, I have no clue why they would make this decision this early
I've been here from .60 - no profit for me :(