OPTI!!
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No attorney would allow filing of bankruptcy for such a reason.
Once you file BK, the trustee takes control of all assets. Can't just file willy nilly, and withdraw.
It's up to Trustee and Judge to allow withdrawal, which requires substantive cause. .
All this talk about BK and RS is such nonsense.
Sticky this.
Saw green for a moment...
Stop selling for pennies whoever you are
Not gonna knock that...good short game strategy, but only saves pennies.
If we all slap ask, price goes up...people take notice, and more buy in.
I know Too young.
And this is why pps goes down or sideways.
I been slapping the ask every day to move from red to green.
Ask is so thin....40k to .05
100k to .057.
Somebody with powder for the love of all....put a market order in.
What vote???? There is no vote. Stop blasting this nonsense.
The shareholders do not want the split, and they determine it.
They will get an extension on compliance and that's it.
Patent will get them more funding.
They're buying back shares to sell to investors for more cash on hand.
I expect sideways trading until this stock catches up with its own outside news (i.e. regenerative trend, stem cell trend, etc.), or until the company even sneezes a PR or blog about what they're doing in the near future.
Either way it's over for any remaining shorts, which are clearly gone due to the sideways trading. No one's selling. Everyone seems to have their shares locked up and holding, waiting for that soon wonderful day we see .10+ again.
It's coming. I'm as impatient as all of you...if not more so. But August is right around the corner.
If you have money to get in...nows the time. obviously it's not getting cheaper, and it WILL GO UP...mark my words.
Seriously undervalued even today, no matter when the PPS catches up with the news.
Hi voice of reason here.
Again..great, now patented product soon to have FDA approval.
No RS even scheduled. Previous voted down. If there is another, too many votes down to overcome. It's not happening .
Disclosure in 8k, is exactly that...required boiler plate disclosure for the "what if" factor.
Those who would seek to complain that this is not going to get to 1.00 in time. Put your money where your mouth is....slap the ask if you're buying....raise your asks if selling...sell in small blocks with higher and higher asks, and those that want to sell make money, and those who want to stay long make money, the company gets money, and RS is moot.
The shorts, well, too bad. Shouldn't short cancer treatment stocks anyway.
Do this, and everyone (who matters) wins.
Drops mic
Bankruptcy which given a company holding many patents including the recent one which was the one holding up FDA approval is not going to happen.
Even if assuming arguendo that it did file for chapter 11...the debts would easily be paid off in reorganization structure over a 5 year period and business would continue.
The assets are too high...no company would file for that at this juncture.
Just buying time for FDA approval
16 m in debt is nothing when possible multi billion dollar product with patent
Ugh....
They have cash on hand for remainder of year and beyond.
They have working great products, now patented with FDA approval looming
Minimal debt for a biotech stock in comparison to potential revenues
RS denied...any future attempts likely denied for lack of votes...2018 earliest vote. Read the 8k
This should be trading at .50 based on current value...and we'll over $3 after FDA.
The manipulation is ridiculous
They do not have votes for RS, and earliest vote will be 2018...it's stupid to keep talking about it.
After August, RS is moot.
For them or us?
Ask is so thin....120k to over .05
Why no patent news??????
Don't they want the pps up????
Again with the nonsense asks below the pps
.0006...heading down still....0001 on its way.
Only 10k shares to green...slap the ask
People purposely holding price down
5x today placing ask prices under the-then sp.
CDEL and NITE.
When the ......is management gonna wake the .....up??!!
Looks like a repeat of last week...no news pullback monday.
Bottomed in low 14s high 13s.
Will bounced back to 16s .
Up to .75 + on news
Minor pullback...usual Monday BS.
I painted the ask with 1000...another sideways day....wish it would run.
Source?
All good points.
Sounds like my "trading for dummies" book I read 3 years ago.
How far I've strayed....lol
Now that's some sideways trading. Practically str8 line
Sideways trading with no volume = hood...means it wants to fly...just waiting on news.
You seem like a smart guy, thoughtful trader. .
I just hope your optimism, or my hesitation doesn't bury both of us.
Glt you
You and me both. Hope they can pull out of it, but not buying in until great PR
Agree almost 100%.
Great post.
Still too many ifs for me.
My parents both had cancer (both free of it now)...and I have seen, unfortunately, first hand how what has been approved and working in Europe and other parts of the World, not get approved here in US due to Big Pharma, and FDA bureaucracy.
Just because a system works overseas, doesn't mean it'll get approved here, especially if it competes with any big pharma interest or if it's a cure rather than treatment.
Since Chemosat does work, and is treatment, I think it will get FDA approval, but I don't think it will be soon.
Despite Gottlieb plan to make approvals easier for companies, such significant change is slow and often changes with political tide.
I haven't been in this stock long, (and yes currently completely out due to my expectation that it would tank on RS news), but I've been in long enough to see that it is volatile on no news, and clearly there are many holding it down....possibly big pharma, but I try to stay clear from the conspiracy theory angle.
Both of these attributes send up red flags for me to stay out. Believe me I hope this is a great company, trying to do the right thing for its shareholders, AND more importantly its patients....just a company having financial difficulty meeting the FDA trial costs, and whatnot.
Nothing would please me more to invest in a company that seeks to eradicate cancer.
I just have sincere reservations as to whether this company can get through the red tape.
Glta..the bulls. Shorters should leave.
42 47. Split.
Be nice to get some bid support.
Slap the ask...new HOD
Yes, but even still...not buying back in in til it's either in single digits or PR with iron clad clarification on RS, FDA, etc.
Surprised this isn't tanking as bad as I thought it would....hmmmm.
Ready for lower than that...RS is nightmare unless it's voted down, and per Gator...even voted down options are up in the air, or minimally not explained by company