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They advertise because they have an approved test. Sorrento stock price and the inability for any gains to be held tells us they are not close in the US.
We will be in the .05 range by end of week. Don’t pump a dead stock.
It did for me! It made us a lot of money.
Yes, the stock has been skyrocketing since the deal closed.
Won’t stay over .08.
Yes, and the stock is skyrocketing!
Yea, what is the great Dr. promising them?
Andecker,
I have been in this stock for almost two years. When our great CEO said Sorrento had a “cure” in April of 2020, and when he did interviews used many open ended statements like “we believe”, “we think” “ we should” “soon” it caused the street to lose credibility. I understand institutional buying has been increasing, but no updates about Covid portfolio especially in the US is disappointing. I know some people read this board and make their buy/ sell decisions (which is not a good idea), and they read projections of $100+ a share target, when nothing has come to market. Yes I agree Covid may be around for a long time, and they have other drugs in their pipeline, but I don’t thing Ji can bring to market. I hear what a great businessman he is but I don’t see it. He could be an excellent scientist, but can he bring products to market? I saw many ads for Abbott’s Covid 15 minute tests on the tv over the weekend and was disappointed not knowing status of Sorrento’s. On many of these boards, if you post negative you are usually criticized, as there are a few here that post all the potentials, and keep changing their expected dates. I hope things change and the approvals start coming. GLTA.
Yes, let’s get over $8 and stay there first. I would scratch off their Covid offerings, they have missed the boat.
Down 16 of the last 22 days, from $.11 to .060. Nice job to our CEO!
And we will be lucky to stay above $6.
We will be below $6 today, so expect some fluff news, or more postings about all their job openings. Ji has no credibility. Sorry if I don’t post all the “potential” opportunities this company has, they obviously missed the Covid potential, and posters on this board should be able to say what’s on their mind without being bashed. Some of us are frustrated by the lack of communication from our leader.
And the stock struggles to stay above $7.
From another thread, FDA website. Updated 4/30/21.
Zhengzhou Fortune Bioscience Co., Ltd. COVID-19 Antibody Rapid Test Kit (Colloidal Gold Immunochromatography Method) Removed - Should Not Be Distributed
Zhengzhou Fortune Bioscience Co., Ltd. COVID-19 IgM Antibody Rapid Test Kit Removed - Should Not Be Distributed
Zhengzhou Fortune Bioscience Co., Ltd. COVID-19 IgG Antibody Rapid Test Kit Removed - Should Not Be Distributed
Any comments?
We need more fluff news to get us back to $8.50.
Good, you can have mine.
Agree, why does everyone get excited because he is going to speak at a conference and we all think he is going to announce earth shattering news and he never does.
Liked they did in Brazil?
Keep up the hiring Dr. Ji!
I am amused at how many on this board are “loading up”.........
Great reaction to the great web call Friday........
Stocking several warehouses hoping you can sell it, is not an effective way to utilize your cash flow, especially ADDING warehouses. We will see on his Friday afternoon call.
I hope you don’t think earth shattering news would be announced at a Friday afternoon webinar. So far he is 0-2 on Friday webinars.
Maybe we need some revenue...
Abbott:
“We're manufacturing tens of millions of BinaxNOW Self Tests per month and are the only manufacturer in the U.S. that has Emergency Use Authorization for a COVID-19 self test that can provide tests immediately at this scale.”
Thanks Dr.
I thought we fully stocked” warehouses...there is no $2 b order.
Do we need this?
“GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that George Sherman will be stepping down as Chief Executive Officer on July 31, 2021, or earlier upon the appointment of a successor. “
Since we are so late with Covid products, do we even count on them anymore?
Should not have to ask at a webinar, a competent CEO would keep his promise.
How’s the update on the $2 billion dollar order we were suppose to get in March?
They sold an I-wand?
“ we believe we have a cure for Covid-19”. Dr. Ji, Spring 2020
Something needs to change. Ji has no credibility due to all his promises.
What will drive the PPS up? ......... A new CEO.....
Like the cruise ship and airline calls? Earth shattering. How’s the buyback going? More warehouses?
Doubt it, you don’t announce major news on a zoom call. Maybe a program for submarine products, hoping for results like the cruse ship and airline webinars.
Regeneron CEO on CNBC discussing how effective their antibody is, including prevention. Thanks Dr. Ji.
ZURICH (Reuters) -Regeneron is pursuing U.S. approval for its COVID-19 monoclonal antibody cocktail as a preventative treatment after it helped cut the risk of symptomatic infections in households where someone else is ill, the U.S. drugmaker said on Monday.
REGEN-COV, a combination of casirivimab and imdevimab, protected household contacts from exposure to SARS-CoV-2, with 72% protection against symptomatic infections in the first week, and 93% after that, according to trial data released by the company.
Don’t chew me out, but this is the long awaited fluff news. Did not seem to work this time. GLTA
Any comments? Especially second paragraph.
CARLSBAD, CA / ACCESSWIRE / April 8, 2021 / OPTEC International, Inc. (OTC Pink:OPTI), a developer of UV and UV-C safety products using related advanced technologies specific to Personal Protection Equipment (PPE), announced the company today received the first shipment of FDA approved Antigen Home use Rapid Test Kits at the OPTEC Vista, California distribution center.
Due to a recent FDA relaxation of the "emergency use" (EUA) rules applicable for Rapid Test Kit use, most FDA/EUA approved Antigen and Antibody Test Kits will soon be available for purchase by consumers and businesses, both online and over the counter at affordable prices compared to the current Medical facility/Pop-Up medical staff supervised locations with 24-72-hour results.
OPTEC CEO Roger Pawson stated We are fortunate to have received some of the first FDA authorized 15 Minute Home Use Test kits for consumer and business rapid testing with onsite results in 15 minutes or less. We are anticipating having the kits available for order by consumers on the company's website within the next week.
I believe if CoviStix was so accurate and available, it would of received approval. Something else is up and our great leader is not telling us. IMO.
Thought they would of done that before they filled all those warehouses. Hopefully they will get it.
We are due for another “fluff” news release, so it can go back into the 9’s, then start the drop again.