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Bankruptcy is a hell hole of thieves and miscreants.
Had a place in Paradise Cove. Kids learned to surf and have other fun in the sun. Lots of great 4th of July and other memories. Sold the place after the kids grew up and moved away.
The Red White And Bootsy Event?
Moonshadows?
Nobu’s?
I am at the age where I prefer to leave town. ??
The people in government are critical of thinking!
Lol
If you can speak Spanish, you can call yourself ... wait, they have people who can speak English.
Scary indeed!
The only cure for love is marriage!
Biotech company developing products for a safer return to businesses, workspaces post pandemic (SRNE)
https://www.thedenverchannel.com/news/national/biotech-company-developing-products-for-a-safer-return-to-businesses-workspaces-post-pandemic
You bet it is!
Private Investment in Public equity = bad news for shareholders! Just like pounding a 3 inch pipe into the bottom of a swimming pool. Empty within a few hours. Same for companies.
https://media2.mofo.com/documents/faqspipes.pdf
ImmuneOncia is an immuno-oncology-centric biopharmaceutical company. Established in 2016 as a joint venture company between Yuhan (51%) and Sorrento (49%), ImmuneOncia will leverage both companies' expertise in drug development and antibody engineering.
It can’t. It’s called property rights! If you own a house you can choose to live in or tent it out. Same with stocks. Learn the game and you to can play the game.
Totally agree.
I never seen such a "nefarious" Dr. Fauci.
Excellent! Thank you.
Looking at L2 and size on both the bid and the ask is under 100 shares. I have never seen this before. The shares being offered is puny. Something big is coming in my opinion.
The most important sentence of the article...
“Because solid-state batteries use lithium, an element with limited global reserves, the government will assist in procuring the material.”
Just an opportunity to buy more shares in my opinion....I bought more yesterday.
Institutional Ownership and Shareholders
Sorrento Therapeutics, Inc. (US:SRNE) has 358 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 101,856,912 shares. Largest shareholders include BlackRock Inc., State Street Corp, Vanguard Group Inc, Cormorant Asset Management, LP, XBI - SPDR(R) S&P(R) Biotech ETF, Group One Trading, LP, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, IWM - iShares Russell 2000 ETF, Susquehanna International Group, Llp, and Geode Capital Management, Llc.
Sorrento Therapeutics, Inc. (US:SRNE) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%.
https://fintel.io/so/us/srne
Per finviz . com the short float is currently 41.58%. Once short covering begins the price is going to move up! Insiders own 34.21%, institutions own 24.0%, IP is impressive, but balance sheet is not. So we shall see....
IMHO institutional investors are driving the price down to accumulate on the cheap. Seen it before.
Wow. This is a true floater that is being royally flushed. Must stink really bad!
Agreed. I traded out when it was marching to $0.20 and the began reloading at $0.15 and below. Just have to wait it again. Build the building! Sign some contacts!
Well, this has turned into a floater since the beginning of October. 200DMA is at $0.109. But, VWAP is $0.128.
The is a classic race between the tortoise (SRNE) and the hare(s) (big pharma, MRNA, etc). And, we all know who won the race!
For every relentless seller there is a relentless buyer...??
Why the stock tanked....
SAN DIEGO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Sorrento Therapeutics, Inc. (NASDAQ: SRNE, "Sorrento") announced today that it believes it has uncovered fraudulent attempts to manipulate the Company’s stock.
On August 11, 2020, it was reported that an organization calling itself “Hindenburg Research” published claims regrading one of Sorrento’s COVID-19 diagnostic products. The report is believed to include false and/or misleading statements for the sole apparent purpose of negatively manipulating the company’s stock price.
Sorrento will collaborate with law enforcement and regulators to ensure that any criminal activity is investigated and rectified. Sorrento, through its legal counsel, Paul Hastings LLP, has demanded that the organization cease and desist from illegal and wrongful activity and retract false and/or misleading statements. Sorrento is also considering legal action.
Sorrento Therapeutics remains focused on developing a portfolio of COVID-19 solutions that spans diagnostics, prevention, early intervention and rescue therapies, including its rapid on-site detection test for SARS-CoV-2 Virus in saliva.
SRNE was just mentioned on Fox news (on Judge Jeanine) by Dr Robert Harri of Celuarity as an important COVID-19 treatment. Sorrento is one of the initial Investors in Celuarity, Dr. Hariri is a leading researcher in stem cell therapy of Covid-19. ??
$TSLA’s IPO was $17 per share. $650 would have bought you 38 shares and at today’s $1,500 per = $57,000. Yeah, why bother..... roughly an 8,700% return.
E*Trade is showing a positive $2,257,987.17 into $ABML. Sweet!
AH yesterday was amazing. Back in today with a few shares more. Go $SRNE!
Ditto! $SOLO is going up tomorrow ??
The name appeared an the price dropped from $0.15 to $0.075 before crawling back into the $.09 area. Piglosy effect!
Looks as though the Piglosy connection is hurting ABML. Sad.
A Hunter Biden substitute.... bad choice in mho.
Maybe they are selling covered calls knowing the price isn’t going higher in June or July. Just a thought.