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Please check attached message from our fellow on the board.
Thanks for Vinovista for they comment -
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156576258
Thank you for your comment.
IMO they update the Authorization list once a week.
EUA update - we aren't on their list yet.
https://www.fda.gov/emergency-preparedness-and-response/mcm-legal-regulatory-and-policy-framework/emergency-use-authorization#covidinvitrodev
Let's say the BOD breached their duty of candor.
Why do you think it is SUPER win for shareholders?
Yes, you right about P&D, but there are some powerful agencies aka MM who love pump and down. Small shareholders like us have nothing to do except watching prices jump: Up Down Up Down.
Scott - wish you stay strong we will win this game.
SRNE go Up Up Up.
We all prefare stock rises up. People who know how to short stocks and stay profitable not from shorting...
They should be consider achieve master degree for 2 lords.
It is a smart way to earn money and make salary as well.
Banks got keys of generator of cash.
Of caurse. It was written on the wall. VXRT madness was orchetrated well. Smb. made tones of money.
Do we have the date of IPO?
Now I understand why our company so quite.
Drug: Resiniferatoxin ( Phase:1 )
Estimated Study Completion Date: June 2020
https://www.clinicaltrials.gov/ct2/show/NCT03226574?term=NCT03226574&draw=2&rank=1
June is almost over so hummer will hit market soon. In case it meets expectation so wait for some violent movement Up if not our money go flash through toilet. :)))))
Scanning FDA site on daily base. No news for COVID Test till now.
If recent activity was backed by some news on the side of the company, PPS was moving to levels above $10 and continue to rise. ( Similar to INO )
It was correctly told
"Coronavirus won't last long - it was made in China"
:))))
80$ much better then 20$
Thank you for your post.
You know, $20 it is very attractive price because Sorrento will face high competition from other companies and we should not forget they have a long way to go before FDA approve their products if ever. Many companies fail to achieve target too. So I wouldn't judge them for such decision to take money and go on.
If there is no news coming out and PPS rising this way, it can definitely be Buyout talks.
Today Benzinga pointing out:
https://www.benzinga.com/pre-market-outlook/20/06/16385820/20-healthcare-stocks-moving-in-thursdays-pre-market-session
But we have already aware of Dawson James rating. So they didn't tell us something new.
Dollar at their levels especially now can't drive PPS by 20%. If it was true and shares were strongly connected to $, we would observe Main Indexes responding same as SRNE.
They are brewing smth. A lot of noise around and there can be MMs games too. Calls more active then Puts but there is no strong prove.
A/H and Before market volume has around 10-15% of daily Average.
This market is very sensitive for articles like this one:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156506551
60% for news\opinion
40% for MMs games.
Yesterday A/H activity- was reported Volume of 3.3M shares.
Right now 1h20m before opening bell; Volume is around 1.2M shares exchanged hands.
This article prove 2 theories. The first one - It doesn't matter how deep markets fall, there will exist fortune companies and investors who will always make money. The second - Biotech companies have always attract money to even there are a lot of risk to loos all because this kind of Industry has a magic to generate money to investors.
In additional, probably A/H action made put this article less relevant because there is not only hope but real staff going to be disclosed soon.
Very smart step. Hope many of us did the same, so not only sharks can benefit of Sorrento price action.
May be, but I'm looking for spikes when daily trading volume exceeding open interest or near to it.
Very impressive volume !!
Over 6M in Volume A/H ( 3h52m passed since End of Trading Day)
If we'll see news tomorrow, I will scrape or re-calibrate the Crystall ball as well.
There is a lot of power holding PPS at the current level. However A/H action has broken chains of powerful spells and PPS has started push up.
From this point of view, we are at the good shape to continue our march to to hills. However there is another parameter - My Crystal ball aka Option strikes have not delivered a lot of excitement and there was no signal for news.
There are high possibility we will hear news before markets open.
$6.8 A/H Train rocketing UP
Praying for markets open high to fuel price Up. And if they no so what PPS will move up anyway.
Hope too.
Short Interest 25%
FINVIZ is reporting 25.1% of short interest. There are so many...
Shorty has to be out of their mind to manipulate Sorrento.
It doesn't look like news coming today or tomorrow. There is another parameter which we have to consider too. I mean options. Calls activity is not signaling for something exciting as well.
If I wrong, my god and wine are judge for me :)
Companies with similar approach like Campbell Soup will not disappear from the market. People have consumed food and will continue to do that. It is so obviously.
Do you mean "strikes" - positive approach ?
According to the article , it has a positive mode.
Interesting - Section 564 of the Federal Food, Drug, and Cosmetic Act
FDA Commissioner may allow unapproved medical products or unapproved uses of approved medical products to be used in an emergency to diagnose, treat, or prevent serious or life-threatening diseases or conditions...
If such decision will will take act for COVID-TEST, so we should get a fast path to start manufacture it soon.
Something new I learned from reading their pages * CBNR - Chemical, biological, radiological and nuclear defense.*
Hi Dia.
I read their statement twice but couldn't point out for a new EUA.
Where did you see it ?