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Has anybody else been seeing WORL all over the place on the bid/ask spreads all day today? Strange runaround for that particular MM.
Wow, didn't catch the end of today's trading. I thought something like this might happen, and people got so mad at me yesterday for saying so. Interesting. Looks good for that curl back up though, that I had also mentioned in my previous posts. Hope all the touts that got upset learned something. I also hope the MM's refilled what they needed and folks reset their coffers for the next run up. Good luck folks!
Going to be some very upset MM's here tomorrow and through week's end, when they are forced to cover 80% (or higher) over where they started the short runs, if this keeps up. Added on through the morning, though. Glad I was wrong on the draw. :)
JMJ never reaches agreements. They always fight and fight and prefer burning the stock price down to convert more, and then holding it to sell off every news run and event. Just a bad financial institution.
Not really major dilution, mainly frustrated shareholders moving on, I would say. Nobody likes seeing their money ticked down day after day. It is going to take some time again to recover from the mass exodus that has gone on here over the past couple of weeks from .012. Although, there definitely was some earlier company dilution in the form of about half a million at an average of .009.
Saw that was when Chrion said his group alerted it. Got a little of a late start, but still not disappointed so far. Since there was such a transparent reason behind its drop, it was frustrating having to wait that extra few days to grab some myself, but no worries. Shouldn't be a great deal of time before it returns to the .60 mark, I figure, aside from consolidations here and there. I know the MM's should have next to no shares left in there coffers, and their cover game should be rather funny. Any consolidation will most likely be exploited to the fullest effect by MM's for sake of covering large naked short positions. That is my concern, mainly, for possible draws.
Still the same, not trying to be just negative. Just trying to stay prepared for all possibilities. Really hoping to see this go back to .60 soon, and over 1.00 after. I knew the drop was from that single dilution run from a note, so I had wanted to buy in earlier, but didn't get in until .11 due to lack of free funds. Still looking to add again more later. Have to run for now. Good luck to everybody!
Extremely happy it didn't draw as deeply as I thought it possibly could today! Always have that bit of worry attached to some of these momo breakout stocks. Looking like the summer doldrums may finally be over.
I am not saying that this isn't good tech. Just saying that Israel's current state is placing a very high priority on blood glucose issues. I would be more excited about the Israeli Minister of health approving a new trauma care device of some sort. Don't assume I am trying to bash this stock. Israel still remains a very important country in terms of development of health care and technologies. The current state of unrest has drawn away some of the priority of other business at the moment. I just wouldn't focus on that being the greatest deal for DRIO currently. As I also said, I have my brother checking into this and a few other companies there (considering he lives there and is rather well connected). Relax buddy. Still like the stock. Still have money in it.
I checked that yesterday! That was one of the main reasons I called for the draw today. MM'S naked shorting and trying to cover and burn early.
Israel is having much larger problems than blood glucose at the moment, but I have my brother trying to figure out what he knows about this and a few other companies there. (He lives there and has some rather strong religious and political contacts around.)
I mentioned the MM's naked shorting yesterday and trying to burn early this morning, but now that you finally checked the report today, it makes it more real? I hope this stays up, though. Seen MM's do some messy trading to cover though, so, just wouldn't be surprised with a decent size draw. Once they cover their ridiculous naked shorts from having nothing left to sell, it will continue up again.
Oh, I know its in breakout for now. I also know MM's have been shorting and covering and ready to burn early. I may be the only one saying there may be a draw, but I just like to be prepared. Not that I don't like the stock. Haven't sold. If it comes down, I will just buy more. Quick flips aren't really my style usually. Don't have time to watch it all day to do so.
Depends on the numbers, my good man. Have physical therapy in the morning, so after that if it is holding up I will. Like I said, just some suspicion of the draw after the run. Loving the movement so far. I just wanted to put something up so people wouldn't be completely shocked and panic of it does come down a bit.
Didn't give up shares yet. Nice assumptions, though. Wow, such hostility.
That would be excellent, but I have seen momo killed time and time again on many stocks. Just voicing my suspicions. Hoping I am wrong. I would love the march to continue and to keep making money.
I hope I am wrong, but I have suspicions of a draw up to 25% tomorrow, before rolling back up. Just my thoughts. That would be great if we continue the march back up to .60, though. I would make a good deal of money, too.
I hope it does! I would buy a ton! Heard a bit more back. The doctor just made it back to New Zealand. He is still getting more of his information in order to email me the response on the rest of my questions. Still trying to clear up more of this mess with Meredith, though. Never hear from him. However, when the doctor is here, he works out of offices in a few locations in the US.
RSI might need a cool off period tomorrow, could be looking at a bit of a draw tomorrow before regaining momentum again. Betting at a chance for more shares at .125, if panic goes then .10 by Thursday. All in all, still curling back up, though. Very nice call Chrion!
Any updates on S/S to see if this is the company or just retail bailing out? I will try and check it Monday, to see if there has been more free trading shares splashing, or if it is the washout/shorting. I am terrifically busy these days, so it is a little more difficult to remember.
Wow. That has to be the worst dump I have seen this company do. I sure hope there is an explanation for this mess. Large chunk sell offs like that, at these levels are not very smart. Still waiting to hear back from the doctor. Didn't check this earlier, but definitely did not expect that. I wonder if this is Meredith or other noteholders. I will go back through the quarterly again tonight. Not much time right now. I actually hope news comes out next week to say something. That was intense.
If it is actually a lot of wash trading, then it is only a matter of time before they get caught and then the SEC will freeze their assets just like they did with the fools from the HEMP fiasco. They will then be prosecuted and fined. My suggestion is to submit suspicion of trading practices to the SEC, on their website. Might help draw the attention in the right direction to ensure that if actual manipulation is occurring, the people responsible are held accountable. The mess today did look very suspicious. The books with matching trade share blocks bought and immediately sold down were my greatest concern. Hoping the trades today are showing a sense of panic among the washes and shorts, though. Might actually see a decent spike tomorrow, if that is the case. I don't think that would have been MM's today, though. Usually they aren't stupid enough to make it that obvious. The perpetual large share block walls look more like retail trying to restrain it or burn it down, while longs just hold shares steady. That seems to be a large deterrent for many to continue to buy actively into the stock lately.
Anybody else watching the L2 matches on lots of trading blocks bought at 79 and immediately sold at 78? Cycling of shares and washes going hard. Somebody is attempting to keep share price down, create illusions of share price dropping, or the illusion of higher levels of liquidity at these levels. Could be to fill short pos, or accumulate at the lowest price. Either way, not very legal. Looking for that short recall tomorrow. Might be HFT firms, MM's, or retail. Yet again, quite a suspicious ticker running today. Very ugly. Tomorrow should be interesting. Looking for some evidence of recovery and returning share value. Hopefully people are smart enough to cover positions and stopping attempts at manipulating to lower levels, as this is very illegal and can be prosecuted. Being that obvious, to boot, is just foolish.
I think that may be just the beginning of sponsorship of events. I had thought that would be a reason for the recent dilution. This is also a sponsorship of a jog for Legal Administrators. That, along with the the company having actual products out on store shelves, should put the rumors of a P&D to rest. Legal Administrators of L.A. wouldn't exactly allow a disreputable company to sponsor an annual event. Should also have some excellent visibility for marketing, as well. Thank you for the post, as usual, Stockscout. Keep up the good work, man.
Lower price means higher amount of shares converted, and then they can let it run back up and then make much more money. It doesn't always take long, either. Sometimes it happens right before news will hit, too, then they sell the shares at a decent price, but the price will stall out until the next event. Honestly, I am more interested in getting to the biotech and seeing what more possibilities that may bring. Although it looks like the day traders are still making money, too. Those small tick, high percentage turns make some lots of steady cash, and that provides other motivation in itself for price controls. Good luck to everybody, though, hopefully we don't need too much.
I have noticed the board seems overrun with lots of caps lock and almost spamming of negativity or possibly frustrations. I don't have the time to always reply to foolishness and fear mongering, but I have better reasons to believe that TCEL isn't all a scam. Much better sources than people on iHub. This entire site is overrun with people uttering plenty of nonsense and drama. Still holding my shares, waiting to see how it pans out, and waiting on the next response from the company.
Relax with the caps lock. Interactive brokers and suretrader both have long lists of OTC and penny stocks to short. TD will short sell shares by simply overselling your stake, as well, sometimes. Some other reasons for checking the finra numbers for short sales will indicate that MM's are running out of shares to sell for liquidity. That usually shows that companies may not be diluting, but MM's are still trying to maintain a liquid market, so they naked short shares until they are forced to cover. The idea is, it still plays a role in the price action and the way a security trades. Also groups have been slammed recently for doing this in concert, so they can control the price through wash sales and short usage. You can also negotiate with your broker or brokerage company platform to reduce the equity necessary for opening/maintaining short positions. I am not inexperienced, sir, you just don't seem to be very well informed. TCEL also has a history of being on the NASDAQ threshold list many times before. I will let you check what that means. Also, some financiers and noteholders may attempt to short securities right before converting shares to maximize their conversion. I would suggest to stop making assumptions before letting insults fly.
Almost 53% of total volume traded was short sales today. That doesn't look like dilution. If MM's had shares to dilute, those numbers should be much lower.
Wow, 13 MM shares sold short today? That's rather ridiculous.
Somebody short selling into the news. Check the small buy orders so they can short off the uptick. Somebody still trying to either get cheap prices or manipulating to cover or prevent losses.
Those are more questions I have asked, actually, in this last email. I also asked if he was able. Obtaining a patent and getting approval, or perhaps how much people are willing to pay for the procedure, are different processes. He would also need a lab to do all of this wherever he went for best results to the process. Trying to ship "grafted" cells from New Zealand may not be the best idea. It is a more complex process than just a simple graft, and it takes time. So, ultimately he needs funding for a lot. In the quarterly he did mention this, and also stated that a lot more interest has come in recently. I will keep the board updated as I can and am able.
I can ask that, as well. I would assume that Meredith would have had to be his representation to acquire the US patent, as is required for foreigners applying for US patents. I am not sure of the reason for the sources of confusion now, but I will definitely ask him.
Yes, I have been, and will keep updated as to when I hear back from him, at the very least. I am not worried. I always check posting history. He has listened before to reason, and calmed down. Hopefully it goes well.
That is where funding comes in. He obviously had access or usage of a lab for the patent, and also remember the doctor of TCEL is based in New Zealand. To pay for lab usage in the US, and replicate the experimental process for trials it is going to be a considerable amount of money. The initial wave was funded by institutional investors, and some that held preferred notes for conversion. Now that things are taking longer than anticipated, some note holders converted shares for their own purposes. Lots of investors (angel investors, hedge funds, etc.) are looking for a 12-36 month ROI these days, considering the current economic situation. There is a great deal of people and companies holding on to as much cash as possible, or reinvesting in other faster moving companies, in anticipation of interest rates rising soon here in the US. With how low rates have been for so long we are looking at pushing into an inflationary trap since rates cannot go lower. So this has persuaded many groups to pull cash not working for them at this moment into cashing out and reinvesting elsewhere as well. Diversification has its benefits when attempting to stay ahead of the inflationary curve.
Paddy is Dr. Patrick Casey. The man behind the research and patents. Have never spoken with Meredith, the CEO of TCEL. I like to respond to most people, because he can and has been receptive before on some discussions. I wouldn't assume he is only twelve, though. I would certainly hope that a twelve year old is not investing or trading. If he is actually paid for posts and twelve, though, that is pretty incredible work ethic for one so young! Kudos on that one, if it is the case.
I hope so. I would like to walk into a store and see it on the shelf. I am waiting until then to try it out. I am not big on just ordering it from Amazon. Store populations of product, access, and visibility is going to change the prospects significantly. I am pretty sure Cali's reception should be rather high with another vitamin drink. Especially lightly carbonated, similar to the "Neuro-" drink line popularity here.
Hopefully it is not. Should be meeting with Paddy here when he is back in the area to see what the biotech goal is for the company and their progress. Also asked some questions regarding possible "patches" to the outer disc annulus of intervertebral disc repair of annular tears for therapy in herniated disc repairs. That one is for my personal medical problems with my back, as well. I know many many people that have had this problem besides me, and it could be a very interesting concept if it is a viable process.
It appears the short selling started off strong this morning. Perhaps those that have mentioned shorting decided to take control as early as possible for the fear factor. We will have to see if there is another change in S/S to check if the company is actually responsible for the sales starting off the week, though. Very curious what they are using the money for. Hoping for a sponsorship or endorsement, but it could still be just necessities for flavor testing and manufacturing facility bills until sales begins catching up to cover expenses and payroll without alternative fund raising. Another curiosity of mine is to see how the sales in stores are going. Amazon sales are great, but large scale roll out is going to be the key for this company to make serious movement.
Once they have updates to provide, and completed fund raising for submission and FDA they will be able to update. That does require a significant amount. I am hoping by the end of the year they have been able to do just that. You don't have to invest or trade in this company. I am simply offering what I know, and am expecting / hoping TCEL to have the capability for. The crayon thing is a bit silly and unnecessary. If you do not feel that you want to take any action, then why such interest and enthusiasm in posting here? It is an honest question, meant for discussion, if there is something you are still wondering about or just attempting to warn others off. They don't do a whole lot of "fast tracking" with PR's, obviously. Otherwise there would probably be a lot more fluff PR's published.
Actually, I have a close friend and some family that have Type II diabetes that have problems with pancreatic production declining. The idea of regenerating healthy pancreatic tissue from a small amount patient's own remaining healthy tissue is to replace enough tissue for increased insulin production. When using cadaver parts in any replacement of tissue in patients always runs the risk of an immune response, because it is not a perfect match for the patient's system. I know this very well, because I have had patients in the military that have had massive tissue damage of various types from IED's or GSW's in Iraq and Afghanistan. When there were attempts to use cadaver parts for replacement rejection was common once they stopped immunosuppressive medication therapy. The difference here is that they use a small amount of the patient's remaining healthy cells to make the graft, so the body believes recognizes it as its own tissue and does not have the typical immune response. Type I is quite a different story and is an attempt to replace the pancreatic tissue a patient is born with entirely, not actually being able to graft the patient's own completely ineffective tissue. Very large difference.