ATOM up 12%, nice rebound off the recent downtrend.

I wouldn't mind.

OBSV booming for now: $4.00

OBSV: 60M to 66M, doesn't seem like a lot. Been trickling down though. I added some today @ 3.40.

ObsEva to Increase Issued Share Capital by Creating Additional Treasury Shares
ObsEva SA

Wed, January 27, 2021, 11:00 PM
Geneva, Switzerland and Boston, MA – Thursday 28 January, 2021 – ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a Swiss clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman’s reproductive health and pregnancy, announced today that its board of directors approved on January 27, 2021 an increase of its share capital from 60,202,619 to 66,222,867 through the issuance of 6,020,248 new registered shares at an issue price of 1/13 of a Swiss Franc each. The 6,020,248 new shares, to be issued out of the company’s authorized capital, will be fully subscribed for by ObsEva USA Inc., its 100% wholly owned subsidiary, and listed on the SIX Swiss Exchange on or around February 2, 2021. The transaction has been decided to provide the group with additional treasury shares that can be used in the future to raise funds in an efficient manner, as well as for the equity plans of the company and its subsidiaries.

Most of us "old heads" (as my sons would say) are not at all shocked when Wall Street wields it power against the little guy.

My 23 year old son explained that to me yesterday. He then bought 1000 shares of AMC in the $4's. LOL

I got some at $17.

What are your thoughts on the presentation?

That would be nice. Like I said before, I don't see the current management, most of whom are in their 70's, doing much. Seems like it's been a play toy or tax haven for them.

Someone buying today?

Same.

No. I did years ago.

$4.85, up 24%. Sure is quiet here. I'm ok with that.

I prefer this one:

Not much action here in a while.

I'm with you.

For more than 20 years you’ve shared your knowledge here (and SI). The two things I admire the most are your stick-to-it-ness and your willingness to share information (teach). Others come and go, migrate to other platforms, give up, or simply lose interest, but I’m always glad when I sign on, which sometimes can be weeks or months, to see the latest SSP posts. Nobody is right all the time, especially with stocks, but in the words of Gary Koch, you’re better than most.

Happy New Year

Someone messing around with this one, or just year end BS?

nice.

Thanks for the heads up. I will be checking it out. By the way, I just saw a message from you from months back that said, "How are you?". I'm good thanks, haha. Just bought a vacation home near Gulf Shores, Alabama. Time to spend some time on a boat. Never could find that beachfront property in AZ.

Nice call.

Just saw this today. Nice. Love the quote too.

True. But it may not be just the MM. It may be a trader trying to spark attention with a high buy order. If the MM has a bunch of all-or-none sellers in the queue then he may fill a rediculous order like that just to clear it.

I've held a few of these for a while now myself. As time ticks on I've continued to wonder about the purpose of this shell. Other than the CEO I see a lot of 80 and 90 year old guys guiding this ship. Personally I don't expect much unless younger blood gets involved. No offense. I'm just wondering what type of exit strategy does a 90 year old guy need? Does anyone know these people?


The following table gives certain information with respect to our
executive officers and directors:

Name Age Position
---- --- --------
Robert L. Knauss (3) 89 Chairman of the Board and Director
David A. Grossman 56 Chief Executive Officer, Chief Financial
Officer, Corporate Secretary and Director
Paul R. Gregory (1)(2) 79 Director
Ted Reynolds (1)(2) 89 Director

True.

NINE Damn, sold way to early. Up 90% today to $5+

Damn. On fire today over $5 now. Any pending news?

I don't know, but damn, I'm loving my $10 shares. Rumors?

I don't personally buy into the idea that the company would delay a filing waiting on a Form 211 approval. That said, there are many reasons for a filing delay. I listed the top two.

Ahh. I misunderstood your post about calling FINRA.

FINRA can't hold up a filing. Filings are 100% at the discretion of the filer. Delays like this are typically related to 1) auditor and/or accountant request, or 2) document preparation.

Your're correct regarding the quick turnaround after FINRA approval. The key is obtaining an interested and committed MM. FINRA rarely rejects 211s if the MM has a respectable history.

AJ47...see my prior post.

Technically you don't hire a MM. A MM must agree to file a Form 211 on the company's behalf. Doing such requires a significant amount of due diligence by the MM. They, in essence, are verifying the legitimacy of the company and it's stock as reported by the transfer agent. Once a MM files the 211 other MM's can "piggyback" off that form and make a market as well. The reward for the MM is the future profit off the spread.

Yes. Definitely thank you!

Yep

Thanks for the heads up (for me) at 0.34.

Result: Matter continued.

Thanks. It also says there will be a status check on 3/19 with the judge. What do you suppose that's about?