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I'm not so sure, OCAT formerly ACTC has historic support I think... or we may see. I'll probably buy in at the 5.60 levels if it gets there before anything else happens.
The gods are great! For they have given us this bountiful buying opportunity that is surely to be harvested by all smart players of the stock market. You who have heeded the warning shall be rewarded greatly. We must make an offer to Odin! (Sorry been watching Vikings).
Roger that
It was a few months back, I'll dig it up this evening to close the loop on that topic and you guys can make your own judgments.
Fair enough, I understand wanting to see a company succeed, believe me. I honestly wish you all success.
Very true chuck, I wish all long time shareholders get their ride soon, and I hope I get my seat on the train before it leaves the station. In fact I know I will, I just don't know the price of the ticket yet ;)
And the reason I called it a 'hype' company was because of the unbelievably scummy pump email I received about BHRT. In fact, it was what put this company on my radar. That disgusting type of pump piece should be illegal. I'll post it tonight so you guys can see what I'm talking about. THAT is where this companies money is going. That and to the 'C' levels, like the guy they just hired.
I'm failing to see manipulation to be honest. I'm seeing that the company finally put forth some news this past week, and there was buying from that. We are now coming back to realityville where this is a company that needs to disclose how they plan on paying the rent let alone funding phase 2 trials. This is going to be the number one question and topic of conversation until it is no longer a question :)
Well when you cut your R/D budget to near zero which has been discussed and you are an R/D biotech, I'm not sure what substantive business is left. On the bright side they are pushing to an all time low so it may be ripe for a flip?? Hard to find bottom on dilution machines though. Don't kill the messenger my friends.
Its all conspiracy theory here. If people would forget that nonsense and stick to investing 101 they would maybe realize this stock is a turd lol. Sad really.
Geez, what a winner we have here!
welp, broke every rule in my book, didn't get my buy filled at 8.75 (sat on the bid for quite some time and got 200 lousy shares filled) and then the huge buy spike happened. I'm chasing to get back in! Back in at 8.99... 1 cent discount from my exit, yippeeeee!!
What a sobering discovery. It'd be one thing if there was something concrete they were working towards but I mean at these levels, those 59 mil are roughly equivalent to the dollar amount for the bonuses they paid themselves, am I right?
Waiting to see if we can pullback to realityville and get in at 8.80s or 8.70s possibly. I mean we just ran 5+ % after running 3% the day before on no news...
Just sold out at 9, waiting for a pullback I think...
This is nuts! Wish there were more people here celebrating this price action with me, up over 5% already!
Wowza, kicking off hot, how high can she go...
I'm not sure what you mean, is posting on a public message board about a publicly traded company against the law? Especially if you stick to facts??
Yeah, I can't wait for the SEC to one day change their rules and protect Joe Investor from dilution machines that print people's expensive paychecks, but don't really provide much true value otherwise. Seems like a pretty sweet gig though.
Sweet little breakout gonna be a good week !
This stock should be thin as paper. Gap up to 10 incoming, look at the consolidation at these levels for the past month.
Oh yes, break on through baby. Are the MM gods going to let this puppy fly? Perhaps we should offer a sacrifice!?
Bid keeps walking up and nibbling at the ask. Let's get through here and be on to the next resistance. Come on VJET let's go!
Black hole of dilution. I would wish no one to get caught in this meat grinder. Much better stock plays available IMO. Be careful with your money folks. This is a 'hype' company, no real business of substance from what I can tell.
Sound thinking, I hope you get your ride
Setting up for a massive run next week!?!? I sure hope so lol, and I love talking to myself apparently.
Loving this late day turn to green, especially as the market takes a dump. Go VJET, let's get to 9!
I think its a great hold, and I plan on getting back in regardless of the price action if it doesn't walk back down and pick me up. They have been in the news too much the past few days that I'm starting to think it is going to make a nice run to upper 500s sooner rather than layer. Then again, what do I know.
Aw yeah good action today. 3d space has bottomed out baby, gimme dat 50% gain!!!
Whoa, all I said was I wouldn't read too much into the filing today. If I thought the share price was going up I would have a position, which I do not currently. 100% on the sidelines until financing and subsequent dilution plays out.
Oh woops yeah, my mistake. After the secondary is placed, and if he maintains his current holdings, he will only be at a pesky 4.8% ;)
I mean... He has sold 20% of his awarded shares for a cool 3.5 mil... No small lump of cash or percentage of shares. But again, I personally wouldn't read too much into it one way or the other. We have no way of knowing why he would do it one way or the other. I would put it into the 'to be expected' column after first hearing about it. I have speculated in the past that there was some dumping by A/G, doesn't effect my opinion on the company one way or the other except that it's more share dumping that needs to be eaten by the broader market before OCAT can realize higher pps.
I'm not sure if I follow. Per this sec doc he has over 5%, even if you apply that to a fully diluted 42 mil shares which has not hit the books yet.
Heck yeah, I wouldn't read too much into it. He still holds a ton of shares.
Just looked at sec docs, he was awarded 269,766,667 shares, which post RS would be ~2.69mil. He is now down to 2.15 mil per this filing. He has sold 540,000 shares, or at today's price, ~3.45 million dollars worth. Must be nice.
If your account is growing while the stock is falling, it just means your a flipper and not an investor. And I say kudos to you for gettin while the getting is good. But your gains are someone else's losses, and that's a fact. As someone who has not once shorted a stock, but has flipped and invested, I'm rooting for all investors out there, and consider myself doing a service to call out dilution when I think I see it, especially when other people ate claiming otherwise.
I'm not really interested in conspiracies, far more interested in facts and reality.
Fair enough on the dilution and that is your opinion on the price action. My opinion is it is active dilution. And I will stop bashing the stock, I don't like rubbing in the red days, I know first hand it's not fun, but I highly recommend that next time Hopalong/kirk posts a detailed analysis of BHRT financial statements, that you forget about who he is, and focus on what he is saying.
I'm not sure how BHRT is in better shape but I wouldn't mind being schooled on the matter if you are so inclined. And in all fairness I do not have a position in OCAT at the moment, not until they clarify how they are going to fund themselves. It seems apparent to me that BHRT is funding themselves via dilution which is why it is going down today. I fear OCAT may find themselves in the same position very soon.
Trying to work through that 8.45, come on bay-bay!