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Too much noise peppered with more of the same old news but no substance. We all know that news will come one day whether good or bad. The problem remains it's timing. At this point I think BMOD is violating some SEC regulations. If results don't come by end of August, I think we will begin to see some legal action. Would all of u guys join me in a class action suit?
Well said skitsovel. Seems like with your statement and punctual observations you were able to force some silence. I myself hold a very considerable amount of BMOD stock, sufficient not to be able to sell in a few days even if I would want to. There's only so much trading that one could effectuate here... The volume is not enough...thus ultimately I'm a long term investor.. Perhaps longer than I thought I would be. That doesn't mean that we should remain oblivious to the one single fact making investors nervous: the repeated deadline missing and lack of communication with stockholders. That, in my opinion, casts an aura of distrust, and forces me to question the management team. It is obvious that investor confidence has been eroded. No matter the PR, the stock only goes to .20 max only to fall back to.0.16..
The morality, good cause, and possible life altering implication is not what my argument is about. Biosciences, ultimately, is all about that. But this good cause comes at a price and relies on funding from different sources to keep moving forward. I still think we are not being told everything from the company for whatever reason. They just may found out that TCPP not only can detect cancerous cells but also pre-cancerous cells as well. This discovery must be recent and while it is great that there s a gray area now between the yes or no end result, it still could interfere with the results. The primary goal is to determine if the subject has cancer. Many false negatives could be factored in as cancer positives when in fact they do not have cancer yet but are at an exponential higher risk. This could have serious implications on the phase II data results unless their reading is sophisticated enough to classify them, which I believe is what took place now, thus the new patent and press release. Not a problem with that. Whomever is in biosciences understands this. But I would honestly prefer if the CEO would come up and say hey we are late because of this and that and we expect resuls on this by certain date. Period. That way investors can move accordingly and see if the investment fits. But JC keeps on dissappointing on the timing over and over again.
Adls almost sent me in ruins...All the profit I made in HGSI when it was trading at 3 bucks and sold at 14 was lost in ADLS when it went from 1 to 0.40 and then from 0.40 to low 0.20's when I sold. This may be a good time to buy though...What do you think about BMOD?
I wouldn't call that an update. It is nothing but a copy paste email from Ms. Zannes which was sent to all of us in the PAST. Nothing in that letter is new. This delay is certainly very suspicious, as their process is actually a very simple process..there is no reason as to why this is taking long and again it only speaks LOADS about BMOD's management team in respecting its timelines. I probably think that J.C in order to preserve the stock price prefers to delay this in bits even though I am sure he knew all along that this process would be lenghty for whatever reason he had. Can someone imagine if he were to come out and say "hey this is going to take 9 months.." the price would've tanked to 5 or 7 pennies...but at least this way he can preserve it...the only problem with this is that the credibility takes a toll and CREDIBILITY in a company means everything...I know that after this I will probably be bashed but hey I am not making this up. Today, officially, is August 1 so the news DID NOT COME in July. Did I predicted it? Yes. Am I a fortune teller? NO. But I could certainly detect patters, and in my back and forth conversations with BMOD and reading their stuff nothing indicated that they were ready. Hopefully this will come in August and early August because I believe that within a week if this stock does not move up is going to be very expensive for BMOD and hence us shareholders whether we are holding it, trading it or a mix of both.
The CEO of this company has not a single clue about timing. Bottom line is that July went by and no results were announced. People can say whatever they want but steered assumptions are not facts. A month ago there were discussions in this board almost guaranteeing that results would be announced in July. When I pointed out repeatedly that such event was not going take place I was called every single adjective from shorter to god knows what else. The cold hard fact is that July ends today and no announcement was made. Please research my posting history and find out. Yesterday someone compared BMOD with a company that trades at 26 dollars and market cap in the billions. One would have to be naive to give credit yo such nonsense. that company has a bazillion products in the pipeline. BMOD has none but a promising technology. Once the data is released and positive only then will be worth as long term. In the meantime buy at .15-0.16 and sell at .19.-.20 it happens rather often. I predicted this like 5 times already. Yesterday it was announced that results will be announced by the end of fall
Scary article posted in the Google Finance section....in terms of timing that is....Now, we went from the 60 days ( mentioned end of June which would be due in August technically ) to "expected results in fall" Now, fall could be anywhere from August to November. If that proves to be the case, I think many will begin it's time to file a lawsuit for misleading information..at least I know I will. Not to mention the fact that now we are looking at trial ending sometime in 2012 which is far, far away...GO BMOD!! right..Time to straight JC with a securities law firm. I know many of you will be with me on this one.
Kind of same of the same...old news....All we know is that today is Wednesday July 28 and NOTHING....Why would JC give himself a 60 day timeframe? This guy was probably late to his own wedding... I will be suing this company if by end of August they do not come up with the news.
As predicted for the third time around...I am so happy I sold at 0.19-20...Re-loaded at 0.16.3 & 0.15...I am just so pleased to be RIGHT!!!....This penny stock is sooo predictable and of course, again, only until phase II data kicks in as over 90% positive...which so far is mysteriously delayed...
This was posted in the yahoo board:
BMOD "filed a U.S. patent CyPath®.....assay to determine whether cells are dysplastic or carcinomic..."
From above PR, CyPath® can only be used in detecting cancer cells from epethila; if so, its sensitivity in detection of sputum lung cancers can't be more than 85%.
Bmod phaseII has been in sputum/single cells, not appropriate to use "dysplastic" ....
A tech company should know to use correct scientific terms....
And this:
It is important to understand the definitions and differences of cancer, carcinoma, precancer, dysplastic, tech of sputum cytology, carcinomic......either their early claims of 100% sensitivity is overstated (at least for phaseII trial)or today's patent-related PR is incorrect, period.
It is OBVIOUS that this is not going to be a PIECE OF CAKE as it may be perceived...
Good morning everybody by the way!!
What would need to happen for it to be that high?
what would the PPS be if everything goes our way?
I have been out of this stock since last year, however I am informed of key developments and the ongoing suit, though not as thoroughly. Given the complexities, what is the best possible outcome / scenario and hence expected pps?
Well, it seems like it will end as predicted 0.16 -0.17 range. I love BMOD, such a predictable stock...at least until further news ( the important one ) comes out. At that point, things will change, but in the meantime just trade it..
In a nutshell BMOD is already approved, has not even the slightest chance of failing..at least this is what we are being told here.
BMOD has been announcing this since last year. It is kind of funny actually to see the CEO having no shame in this.
Pure, when I stated that is was due to an investor relations email I had received. I have been hammering their department with phone calls in light of getting some additional info in regards to the delay in results. Of course, I was led to believe that a really "good and POSITIVE " announcement was going to take place very near...so I assumed, taking from the words good and positive that it was regarded to the data but I guess I was wrong and misled, it was this patent announcement instead.
The pressure is already downwards on the stock. It will be hitting 0.16 by EOW unless, of course, real positive news ( the one that counts ) is announced.
Again, the sky is the limit with BMOD, BUT and here comes the crucial BUT, only if phase II results are positive. Let's not get to ahead of ourselves here, first things first. if positive this can be great, if negative this will crash. This is an extremely speculative buy, since the value hangs from the very thin thread of this technology. If results are poor there will be a lot of broke people. IMHO
If you notice, all the 0.20 & 0.195 buys are only 1000 share blocks, which is used to artificially give an impression to the market. This is coming down to 0.16 very soon..
Right..I forgot is blasphemy to say that BMOD could actually go to 0.16 again. How dare I say such thing..BMOD?!! 0.16?!!...What?!! I must need medication right...lol...Due diligence folks...due diligence...last time I predicted 0.16 twice and it did happen...too bad the others can't say the same about their predictions...
Too much struggle breaking the 0.20 barrier. Again, everyone is tired of the publications and the blah blah blah. The only news that matter at this point is positive phase II data. Rain can you please call IR and try to get something solid from them? May be you can get someone there that will have a slip of the tongue..
This will be back to 0.16 in two days..mark my words.
You must be new to BMOD...the swings between 0.16 & 0.20 are rather often.
The news are good, certainly. Tomorrow BMOD may come up saying that the potential of sales for 2012 is billions and billions, but the fact remains: ONLY IF RESULTS ARE POSITIVE.
When I posted this is a SOLID buy, it was based that I was told from BMOD that some news were hitting soon..I just expected other kind of news..the one that matters so to speak...
Trust me I won't. I know how to play this baby...
I think we still have time for an additional shake up -or 2- before REAL positive news..
Thank god I sold @ 19.5 and 0.20...I will re-load at 0.16 towards end of week
Rain, at what point do you plan to sell? What is your scenario..
Seems like the Board got really quiet!
Who would buy 200 shares @ 0.19...? Definitely Market Maker signaling something...if you don't know these are the common Market Maker signals used:
Does anyone know what some of the MM signals are? I've seen
-100 I need shares.
-200 I need shares badly,but do not take the stock down.
-300 Take the price down so I can load shares
-400 Keep trading it sideways.
-500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
There is a hidden sell @ 0.19
This is being heavily shorted...
Time to short this baby down to $3...
Rain any other bio you suggest? Doesn't have to be OTC, could be Nasdaq.. I was in HGSI, SOMX and currently KERX. BMOD is the only OTC I'm holding but I would assume if results are positive and CE mark done Nasdaq would be next
Rain, do you day-trade?
First off, let me say that I am an objective poster. From both sides. I analyze both. In this particular case let's just say I have enough reason to believe something will come soon. That doesn't take away the fact that it could be negative, but I guess we all have done enough DD to know that the scale is inclined to a much more favorable outcome than not. This is about timing and it seems that it will hit sooner rather than later.
Consistent with prior BMOD PR's I wouldn't rule out the possibility of an end of week announcement after hours. We are already in the 15th..so as time goes by it could only get closer..
There is no question BMOD will make it. The issue, for the most part, has always been timing. Nobody is questioning their technology, even though nothing is done until is done, BUT the time for the good news may actually be pretty close. JC's statement could've been interpreted only 2 ways: For one he may've meant literally that the time was actually delayed into the 2 months or; in order to make up for previous timing mishaps, to announce a much later date and announce a lot earlier to counter balance and gain momentum. Well folks..that may be the case...Who knows..
You may want to correct that..Support has always been at 0.15 not 0.14