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.
Holy. SHit!
If the company is trading at trips after 6 years, in a incredibly good economy for stocks lol do you really have to ask what was bad about it.
As a fulltime investor albeit not much in pennys but from this end of the pool there is a myriad of red flags that are particular to this company that are not the typical penny issues. Hence the volume of 10-18 as of late and the increase sell off today and 5 times the volume the day after.
Now of course some of that is folks who don't understand and just saw the negative which IS like other pennys so discount those, but I would guess that half the people sold today due to the issues this company has in front of it, even if / when they do obtain financing
Stating again and again over and over about how the company is behind on payroll, bills, and cannot make it without unfavorable lending causing dilution even more will always cause this. A seasoned investor will see that the CEO is demanding a 16.5 percent of the total 1.5M annual operating budget as a salary and also wanting a bonus AND convertables and will absolutley run from this. The play here what we are banking on is the FDA. That 10K was not great at all. This has become strictly a FDA play and today is the proof. Look at the volume sold
We need to close even at least. That will show serious strength after that 10K
Weather you bought this at trip 1 or 30 you should want this higher than it is. A continuous fall from 48 to 20 in the weeks leading up to a FDA decision isn't good. Ideally this should be continuously and slowly ticking up. That is a typical FDA trade. Only a select handful go in reverse like this. I hope it pays off. Jim's track record of getting back to us is stickied at the top of this page. In Feb he said he would send a letter, and never did. You will have to excuse my trust in Jim with regards to his integrity. I may be wrong but I think I speak for the group when I say the faith is in Cadwell, not Jim.
Lol, no I did think about spending some money today but I held off lol. Almost tho!
Exactly. We need something here we cant play this wait game. Have to remember if the news pops at .30 it is better and will reach dime much faster than if it pops in the trips
That doesn't excite me at all. That could still go either way
Agreed. We are getting more hurt by not releasing fluff at this point
I stuck to my guns and didn't buy any today. Just going to hold what I have.
Damn PP#H dropped a lot
5.5 million wall at 24
Anyone check the FDA page or email Jim today?
We have a hurdle at 25 it seems
On the recliner and my wife asked how I think this would go today, I told her jokingly its gonna hit 20....I didn't think I would be right lol. Oh well I say it closes at 30 today
Decent volume this early
I am gone for a minute and apparently I missed fireworks....damn
He is right however about where the financing will come from. Diluting our shares, says so in K. I have to wonder why if the company was selling isotopes and making revenue from it albeit only about a 100k annually, why did they stop making money? This is a business and sales trumps all. You don't stop making money to pursue anything. You keep making money while looking for an FDA. That did strike me as a bad decision. Could have helped pay for some labor.
I think we hear positive news today or tomorrow
I'm in, I am not buying more as I think a few million is enough. But nonetheless I am in
I think this week we get the news. Just a feeling with the NDC numbers coming out and all
They also weren't paying themselves 250k a year with a 55k bonus in a down year lol. I understand your comment tho. I am hopeful
What the 10K did show me was this: This was a exceptionally thorough quarterly for such a small company. That being said I am sure the FDA submission was also as thorough which gives me hope.
Doesn't it say the lease was terminated there? Or is that for a different address?
Upside is the MJ law didn't go through so there won't be a big distraction. If it had there would be an enormous amount of money dedicated to that and this would have been under the radar more-so. Now it will be able to illuminate across the penny stock world and cancer world alike
Typically when there is FDA news and it looks good the stock rises steadily but slowly. I have never seen a FDA announcement stock almost halt like this and then begin to creep down.
With the 10K done, FDA on autopilot and nothing to do but wait, having just 4 full time employees he should have more direct contact with his shareholders. When you are making money and delegating a decent sized manpower pool I could see it inconvenient. Jim however isn't yet.
Seems that they also haven't heard an answer from the FDA...Come on damnit
No financing deal in place even if the FDA approval goes through. This company doesn't get that it appears it is done. It better show up soon
Should probably take down the letter from Jim stating he would send a letter months ago and has not. That is not confidence inspiring to potentials
Naw there isn't anything collectivley the 15 of us so really can do. The MMs are proving that daily. Our time will come when it comes
FDA Quote....We don't have it yet
Quote:
Assignment of an NDC number does not in any way denote FDA approval of the product. Any representation that creates an impression of official approval because of possession of an NDC number is misleading and constitutes misbranding. (21 CFR 207.39)
Not much volume at the end of the day. No big push. Always tomorrow tho
WHat? How do you know?
I'm under the impression they only take the efforts to assign a number to something that is approved. Otherwise if it isn't for use by the American people or sell-able than why give it a number? However, it was already approved under level 3 presumably that could also require it to have a number
21238 Post shows link from FDA
They got the codification on Monday the number was 45583
100 shares @ 003? the commission is more ffs
I am on TDA ToS and it only shows BKMM .20 LAMP .45 VFIN .75 I refreshed and have it on a dedicated screen....Can someone SS for me please and thanks
? I am only showing 3
4.4 million @33