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So what's your point
Nice close....
Base on?
Big resistance at .35. Support at .3. At pivot pt, it might trade sideway between this resend. If its able to close beyond resistance, then I would expect bullish activity next few days...
Very very strong buy... Maybe insider..
Shorts covering? Don't think so as shorts interest on this pos is low.
Now Bnvi is insider n day trader game.. Think most investors exit their position.. Insider intend to buy back all the shares at limited price.
Look at ftwr after delisted...
The best part is director and CFO acquired shares at .17 and .24 respectively in two occasions..
Gosh.. Can't wait for the response from the company.. If only the bank is closed, why is the website ceased by FDIC?
All shares of Tennessee Commerce Bank were owned by its holding company, Tennessee Commerce Bancorp, Inc., Franklin, TN. The holding company was not included in the closing of the bank or the resulting receivership. If you are a shareholder of Tennessee Commerce Bancorp, Inc., please do not contact or file a claim with the Receiver. You must contact Tennessee Commerce Bancorp, Inc. directly for information as follows:
So what does it lead to?
They can actually file voluntary delisting immediately.. But why gave an intend date?
Look at the statement...
"The Company intends to file a Form 25 with the SEC on February 7, 2012 to commence the NASDAQ delisting process. It is expected that the delisting will take effect as of the close of trading in New York, N.Y, on February 17, 2012. Following delisting, Bionovo’s common stock will no longer trade on the NASDAQ Capital Market under the symbol “BNVI.” The Company intends to use its common stock to commence trading on the OTC Bulletin Board promptly following the delisting, but can give no assurance as to the timing of such listing or if such listing will be successful."
Tncc halted by Nasdaq for additional information. Nothing about delisting them.. Monday business as usual.. Don't be surprise it pop..
Pal.. U r damn faithful to tncc... Gltu... Hope ur effort pay off well... I mean very very well..
So the independent accountant is agreeable w the report?
What's the latest amended 8k about?
Closed .2? Omg
Haha .. Take it nothing happened
I mean the ask...
What happened to the bid price... .95?
Selling off was in 100's.. U realized? Then followed by panic sellers.. Revised financial report might solve all issues...
It's nothing new to the report...
Just awaiting response n action from the company. Don't be surprise...
Waiting for burger king merger?
Could halt whole day
Or r they drunk after the celebration n forgotten to announce?
They r doing spell checks now...
Could it b FDIC taking over?
Look out for my fingers pal...while walking the wire
I m holding on to wire
Was it .295? .005 different means a lot...
Cool.. Same here.. Hope ur purchase works well
Ang... U broadcast this purchase everywhere?
Oops.. It's today's ah..
Hmm... Short?
.45 was ah for yesterday....
It's the job of mm to ensure fairness and maintain orderly trading. Two days, the gap up was huge with big vol. when everyone buying, who is selling? Of course profit takers and mm. If mm did not prepare themselves for the big run, they have to sell short. After all these carnival, mm will hit it low with small vol sell which happened on Wednesday last hour. Coupled with stop losses triggered, it therefore slided. Market opened, they covered. Then scary cats sell... Price went down and they buy in at .9 range to accommodate the big buy if any or upwards trend.
Just remember this... They only know profit. Loss? Not in their dictionary.
Something surprises me is that peix has becomes a lead indicator for me to swing trade biof. I have a feeling that mm is the same for both pos.
Mm = market maker?
Or market manipulator.
Are they one of large hedge funds from the Wamu bankruptcy case trading allegations? Now I see some lights...
Their current position is about 59 million..
Normal trading vol was considered low (lower than average). Indecisive trading observed.
From chart, higher low was observed. If you look at past 5 days, by plotting a trend line from the lowest 3 points (past 5 days.
0.06 becomes resistance... Hope trading range will not be narrowed...