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Not really. They bought at .87. . They are up. Even now.
The problem is you are all trying to apply logic to an illogical situation.
Investors are never logical! They are emotional.... the market is emotional. Is it really ever logical?
Anybody have any other information on a follow up to this?
This was said by Trump... date of writing is July 28th. That puts us later than two weeks and therapeutics is a all encompassing term for (not a vaccine). But the NIH is mentioned too.
https://www.google.com/amp/s/m.hindustantimes.com/v/s/m.hindustantimes.com/world-news/donald-trump-to-announce-good-things-on-covid-19-therapeutics-in-2-weeks/story-yORf33fpOqkfMTLyTi1PaO_amp.html%3famp_js_v=0.1&usqp=mq331AQFKAGwASA%253D#ampf=
That is what he has said and I believe it to be accurate. The only issue for us is timing. Timelines are relative.....
In terms of trials and medicine.... their quick is not the same as our quick. I believe we are expecting different timelines based on what we are use to.
In Durrants world.... a 3-6 months would be quick based on normal (non pandemic) testing. Things are being expedited but not to the level we want.
Well put! I also believe that some of the shares need to get into retail market. That will put downward pressure on the stock if the buyers are not there to scoop them up. This is a difficult game to play and timing is everything. Data will come... hopefully good and this won’t be a problem.
Been saying this for a while and most here thought I was crazy. Also said NASDAQ won’t fix our issue. Said that was crazy too. I want it all to happen but the efficacy data is the ONLY thing that will take this stock where we all want it. We are not getting that data for a few weeks so buckle up and hold on for the ride. Up and down! Hopefully we get a little pop after this drop. Unfortunately there are a LOT of shares that can enter the market and without a driving force, we will see downward pressure until the buyers come in a larger force than the sellers.
Agreed! 100%
That was me this did that research.
The only thing that confuses me is why they would be unloading shares now. Why not wait until it’s uplisted? They would have a much better market to start liquidating their position vs OTC where they would just drive the price down significantly.
See the after hours but at $3.59 for 40K shares? Odd.
So back to the original question. Are we still good to uplist or did today delay that? I believe someone said we are ok as long as we do t go below $3. Is that correct?
Well..... nothing after the close relating to uplist. Are we now guessing tomorrow am?
Do we have new revenue of $6MM?
I don’t think we’re gonna get to $4 today boys. If someone wanted it there. That’s where it would be.
So.... what’s this do to us for NASDAQ uplist?
Yes sir.
He better back the F-off or I’ll buy more!
I ran out too. Had to go to the armory to get more.
That would tell us all we need to know. If not, what’s that tell us?
Aren’t they always controlling it.
We will see. I thought that at $4.25 too. . If this is the weekly low I did ok. Don’t normally get timing like that.
That 11,900 at $3.35 was me!
Couldn’t help it.
I appreciate your thoughts and feel like you were on the wrong side of this one at that time. If so, that sucks! I would have some pretty hard feeling for a stock as well.
With that being said. They are a LOT of companies that make bad decisions (Pharmabro) and they can recover. It happens time and time again.
This company has some pretty good headwinds and I believe they will get there.
The past few days have sucked but it will turn around.
Because the big boys have us all by the balls and they play by different rules.
Nope!
Any cancer treatment is stupid expensive. My father passed away two years ago after a courageous battle with cancer. Every bill was $20,000-$40,000 and those were weekly or biweekly treatments.
At this price they have $3 of profit not $4. Also, why weren’t they selling a few says ago at $5-$6 range. That would have been a more realistic point to unload some unless they think it’s going lower.
Got the volume I asked for this morning.... just not going the way I want.
I don’t believe so just because if they know a significant driver was imminent... they would not be selling.
Or.... they know something that’s not in our favor and they are unloading some for that reason.
So... it could or could not be the case.
I don’t believe this will be the case.
To be fair. Someone following may not always be someone with interests that are positive for a company. It’s that whole know your enemies thing.....
I follow all the competition in my business. It’s just smart.
But it’s not public. It’s not going to get leverage if they know. Everyone needs to know.
If I had more to put in this... I would. Already uncomfortably in on and OTC.
Good! Thank you for the help. .
Right.
True. But NIH need to disclose the information. At this point, it’s only been HGEN saying it.
If it was needing to trade above $4 for 90 days, we were not in a position for an imminent uplist anyway. We weren’t close to 90 days in the first place.
. Welcome to the world of investing. That is putting money in companies that you actually don’t know anything about other than what they tell you (which is normally something to get you to invest)
.
Yes! That is correct. And possibly we have some issue with the uplist. Which is possibly why we are seeing downward pressure. Fact is, there is not one person on this board that has anything other than guesses based on what data they have. Sometimes data can be misleading. IMO
I hope we are right.
Then why has everyone been saying $4 was the floor? Now the floor is $3????
Was it just because a $4.05 low was the last low???
If that’s the case... there were significantly lower lows just short time before that.
I believe the floor is about .80 where we started a few months ago.