Retired NYSE Broker & NASD Trader
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You're right---
seems to be a lot of stock available at a penny--
I wonder why???????????????
PS--- Lots of demand,, big bids,, at just under a penny?????????????????????
Absolutely
Bill Gates
The transaction contemplated by the LOI was contingent upon the execution of one or more mutually acceptable definitive agreements between the parties.
Wonder what they were????????????????
As of February 18, 2022 the Company has terminated all negotiations regarding the contemplated transaction.
2
Why???
What makes you think that???
The simple law of economics is that supply should equal demand. When that happens, the market will correct itself when all parties are satisfied at the given price.
That did not happen with my medical stock,, why??? information---
That did stop the decline in RGBP==why??? information
JMHO----b/c I found out long ago that it is information that is the mkt driver and advertising of that information is the key that opens and shuts the cash drawer
LUV_IT
Does it have extra frosting???
I am chocolate cake fan___
OK__Obviously you and I have very different backgrounds---but, I assume you are long some shares , as I.
Many years ago, mid nineties, I was long 1k shares of a medical stock at 7, Stock began a steady, but sophisticated movement upward, at 22 I bot another 10k shares,, at 36 I sold, as the pps became sluggish,
It got to 38 and then went back and forth a few points each way--at 37 I re-bought my position and then on the first up tic I shorted the entire 10k position against the box---I never covered, shorted another 15K in the low 20s and never covered--there were no buyers of substance on the way down and the stock has since been de-listed---There was information out that propelled this company, in a very orderly manner,, into oblivion,
My point is,, RGBP found substantial buying at a penny---and prevented it from going into oblivion,,,why????
Who is it that has the information that stopped the pps plummet and began acquiring all the shares available and not have to raise their bid.
Is it it ,, as I believe,, the recent LOI ???
I don't know squat about drugs biopharma,,((it seems as though you and OTCSHOTCALLER do)) but I did a long stint with the NYSE and then with the OTC ----met a lot of "Market" knowledgeable people-----and this stock has potential of being a ""RABBIT"" ,,, why do I believe that???? Somebody has information and stopped the pps plumet and is sitting there buying everything available--- The CEO will eventually let the rabbit out-----JMHO
OK,, Let's put it this way--
Who is it that thinks this company is worth penny,, not a penny and a half, or a penny and a quarter----not three quarters or a half a penny--
Just look at all the trade volume over the recent past---all within just a wink of one penny---who is supplying all the shares and is satisfied with getting just a penny----????????????????????????/
PS---why did this falling knife get caught at a penny,,, and by whom?????
Seems to be a never ending supply of shares available at a penny.
There is no upward pressure on the pps.?????
Perhaps the person in charge of the RGBP stock printing press knows "that",,,,,,,,,,,,,,,,
We need to find that RGBP penny stock printing press and the ass#ole that's feeding them into the mkt----gee he's put out over a million shares in the past few days-----who is this masked man??????????????
You holding a position here??? or just visiting???
Been awhile since JBZ?
Can't wait¡!!!!!!!!!!!
Hey Sharky,,, haven't seen you since the China battery fiasco!!!
How you doing????
Prefer .3210
Good post
Excellent opinion
I had one of those,, the house mouse threw it at me when it lied--
Not all is lost!!!
A few hrs ago I was in company that got its registration revoked!?
It took a few months, but the company told us to hang on.
I did and was able to get out with a profit..
They are a NASDAQ stock now
WOW!!!!!
That is aggressive????
What is it about the chart that shows this???
It appears,, finally,, that the toxic debt seller, or sellers have finished...
Do you concur ??????
OK,,then how far???
I am not very good with charts.
You actually think with no news this will get above .02???
Neither does my Lhasa apso
What is the news, If any, that is causing the sell off????
DOW is down almost a 1000 points????
Well,, there is always mutual or the index funds----
Dream on!!!!!!!!!!!!!!!!!!!
The right news is key!!!!
Congratulations on the position!
Mag,,, you still in this?????
Margin accounts can still take TAX LOSS
We should be gerring very efffing close by now---
Between July 16, 2021 and November 4, 2021 Regen Biopharma, Inc. (the “Company”) has satisfied $967,830 of principal indebtedness on convertible notes payable and $539,392 in fees, penalties and interest accrued but unpaid on convertible notes payable through the issuance of 706,451,543 of the Company’s common shares, 23,720,548 of the Company’s Series A Preferred shares and payment to noteholders of $218,529 in cash. As of June 30, 2021 the Company had convertible notes payable with an outstanding principal balance of $2,364,075 and as of November 4, 2021 the Company had convertible notes payable with an outstanding principal balance of $1,396,245.
Those selling today will have to wait 30 days ,, until first week of Feb,, in buying back to avoid the Wash Sale rule----
Remember, settlement dates are typically two business days after a sale is initiated, so the last day to tax-loss sell will typically be at least two days before the last day of December.
According to Google
You are pretty close--
Typically it is 2 days in a cash acct
In a margin acct it is the last seconds of the last trading day of the year
thanks
Is the mkt open all day on Friday???
According to the medical news,,, Omicron might be very benficial.
They say it is rather mild and gives considerable antibodies for protection
Then along comes the solder with his morning dump
WOW!!!
Nary a trade in 10 minutes