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They are probably the same folks shorting the stock and using HFT to grab shares. The 2.2 million is an insurance policy in the event they can't convince enough retail to sell and allow them to cover with someone else's shares cheaper then 13.50.
We'll see, I would think buyers would start coming in at these levels.
Once again the share price approaches the retard cheap level. I'll be buying some more immediately when I get my hands on the money I have coming to me.
PS, Dan is fallible, I don't personally think everything is his fault but the buck does stop at his door. I've talked with him numerous times and I can tell you FBG is accurate with some of his commentary. Not all, but some.
I have a feeling there will be a deal for Axal as well. I have some more money coming from my dad's estate being settle this week or early next at the latest, can't think of a better place to put it.
If Astr doesn't step up immediately and buy the construct, let's start our P3 and quit wasting time and money.
We've been gonna start P3 since last fall, how about we get that started!
I saw that message living in downtown, and yes this is the only company I own shares in currently. The dream I had eight years ago Inspired me to keep all my shares. I would like to buy some MDXG though.
Pretty sure that's exactly what happened. Dan doesn't care that they are going F shareholders as long as he his paychexk.
A lot of that daily volume is HFT taking the legs out from under the run. The company got thirty million dollars and Dan gets to continue drawing a fat salary and buying shares on the cheap.
I'm thinking they'll cover with the shares they bought. They'll take it as low as they can and cover.
It is looking more and more like Dan sold the 2.2 million shares to someone who did short the company. That's probably why the company wouldn't divulge who the shares were sold to. It's in poor taste the whole way around.
I have a feeling every time Dan does an offering and they are not included, the company's stock is going to get nut punched!
Anyone think the manipulation could be Adage Capital trying to regain the 20% holding after the dilution. They obviously weren't included in the offering.
It wouldn't surprise me at all to see a massive PR before the conference the company is attending next week and the manipulators already know about it.
Aren't you the same guy who claims everyone is selling?
All I see is an ocean of HFT, but if it suits your purpose, we'll call it people actually selling stock.
Most likely the scenario.
Oh they got a deal, the HFT is being used to artificially devalue the stock price. That same value could be blown back into the stock within minutes. Remember the old saying, never believe anything you hear and only half of what you see when dealing with hedge funds trying to get what they want.
This relentless use of HFT should only confirm that we hold something others see ad extremely valuable! I'm chuckling at these manipulators and their panicked use of HFT!
This is the bottom, right here. Buy if you have intentions to do so, stupid cheap!
I think the HFT manipulators are expecting news any day as well. Buying toward the end of every day with a pause after the market opens very day to make sure no PR before pushing us down.
I think we must have some really good and price driving news coming as the push down with HFT has been relentless, almost panicked one might say!
Well Adage Capital didn't participate in buying any of those shares so maybe they will grow tired of their investment getting constantly diluted as well FBG. Dan had better start thinking about providing a return on investments or he may find himself becoming less popular then he thinks he is.
I think your thoughts sound very reasonable.
I think your dead on buddy, we'll see triple to a quadrupling of the share price leading into that though.
Petit seemed very excited about the company's therapies and the new partner.
That's very awesome and telling James!
I think that's exactly what is going on.
Yep, this company cures cancer! I got that little insight 8 years ago!
I'm Pretty sure they will help take us to 100 dollars a share!
I do like the fact that management ownership has gotten diluted down right along with us. They are now at 4 percent! Good job Dan, keep up the good qork!
Never seen the bid, ask and final price for the day all the same price. That's just a little weird.
The pull down today feels eerily similar to the one we had prior to the Amgen deal. The company does like news on wednesdays.
I think that's exactly right, someone wanted those shares right here right now. That does speak volumes.
I say bring it on and don't forget the GRU study, way too quiet down there!
Absolutely not true. I bet we never find out who bought those shares as well. Figure that one out if you can, I did after talking to my Scott trade broker.
Yeah, that would be an interesting turn of events.
Wouldn't we want to see how this line of therapy works before we dilute the company's common stock for an acquisition? I mean if it revolutionized cancer treatment by all means let's do it but wouldn't management want to treat a few patients before committing a large amount of capital for this kind of expenditure? I think this would be the prudent thing to do.
Is the risk regarding this offering this offering standard lingo?