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I've been watching MMEG for awhile. I believe now is the time to get in. I will be actively buying share Monday morning. We should be getting news that moves the share price before the end of the year. GLTA.
Does anybody else believe that IKGH is heading to zero (0). By this, I mean bankruptcy. I've been a shareholder for two months now, and they have released nothing but bad news. To anyone out here with more knowledge of IKGH than me, I have one question: Is there any hope here? Any comments would be appreciated.
Great volume. The .80s can't be far off.
There should be an update any day concerning BPX-01 Phase 2b trials. Also, management spoke of possible partnerships during the last earnings conference call. I still contend that BPMX should be trading much closer to $1. Any other thoughts?
I'm loading the boat in the mid .60's. I'm expecting $1+ in the next two months. Good luck to all.
Look at post 253 that I made last week. I still believe this to be true. Several individuals drove the price down to .50 this past week in order to accumulate. Accumulation may now be over and we may get back over $1 next week. Monday's trading should be interesting. Any thoughts?
I could not agree more. I'm hoping it's some kind of partnership. This would greatly help BPMX pay some of their bills (i.e. product trials and research).
I think it would be a very bullish sign if BPMX could close in the .70s today. I think volume may top 150,000 today. We'll see.
BiopharmX should be worth .90 - $1 (at least) based on the product pipeline alone. Especially with the recent positive results of BPX-01. Something weird is at play here, I just can't put my finger on it. Any thoughts? Happy 4th of July to everyone.
I'm continuing to hold BPMX mainly because Franklin Resources owns almost 5 millions shares, and they have not been selling during the 50% downtrend over the last 3 months. Obviously they have confidence that the BPX-01 trials will be successful. Again, I believe that we will see a steady rise in volume and share price as we get closer to the announcement of results of the BPX-01 trials which is due between the end of June and early July.
It sure would be nice to get some positive momentum (volume) to move the share price back over $1. As we get closer to the end of the month you would think we would see a rise in both share price and volume in anticipation of the release of trial results for BMPX-01. Any other thoughts?
Today's trading will give us a very good idea of what to expect when earnings are announced after closing. A good sign would be volume over 150,000 and a 5-10% gain (at least) for the day. I won't explain what activity normally indicates a bad earnings report because we've all seen that before. My personal opinion is an earnings report that's close to break even ( i.e. plus or minus one to two cents). Good luck to all. Any other thoughts?
BPMX closed above its 50-day moving average on Friday which is a bullish indicator. As I said in an earlier post, I believe June and July will be good months for BPMX. I still believe BPMX will rise back above $1 in the next two months. JMHO. Any thoughts?
It's nice to see institutions picking up shares at these low prices. Once they are done loading, we should see the share price rise. I still believe BPMX will be back over $1 by the end of July. Somebody seems to know that something good is about to happen. Just my take. Other thoughts? Happy Memorial Day to all, especially those (active or retired) who have served our great country.
Call me an eternal optimist if you must, but I think June will be a good month for BPMX. The results of Phase 2a of BPMX-01 are due in late June or early-July so we could get a nice boost here. Also, I just believe BPMX is very oversold and due a nice bounce. I wouldn't be surprised if we hit $1.05-$1.10 by early July, and more if we get good news on Phase 2 trials of BPMX-01. Just my thoughts, please don't let my opinions effect any decisions you might make on BPMX.
I agree that a bottom has been found. RSI got down to 21 yesterday. This is a very oversold position. I would like to see BPMX close at/or above .60 today with volume over 70,000. Time will tell.
I can't believe BPMX is still trying to find a bottom. As we go lower you would think that a significant volume increase will trigger a positive reversal. Any thoughts?
I can't believe BPMX is still trying to find a bottom. As we go lower you would think that a significant volume increase will trigger a positive reversal. Any thoughts?
This is my take on the resignation of Jim Pekarsky. Though I can't back-up my opinion with facts, I sense Pekarsky lost out in a power struggle with the co-founder. In other words, with the stock getting pounded Pekarsky was forced out by the Board of Directors who weren't happy with his performance. I actually think this will be a positive for BPMX.
Is Everyone Still Holding? I have to admit I'm getting a little nervous, but for now I'm still holding strong. If we aren't back to .75-.80 level by the end of May, I may have to re-think.
Absolutely. We are due an update in June on Phase 2a study of BPX-01. Any positive news from this trial will get us over $1 (at least). Also, technical indicators put BPMX in oversold territory. Bottom line: In my opinion we are due for a bounce within the next month or so.
Guess I repeated a little too much/LOL. Sorry about the duplicate messages.
Good article. I will only repeat what I said yesterday, according to the charts BPMX is primed for a run to anywhere between $1.25-$1.50 within the next two months. I also believe further positive results from clinical trials will at least put BPMX back over $2. I'm a reasonable person, who always looks at "both sides of the coin", but I can't help but think positive developments are coming down the pike from BPMX. If I'm wrong, I'll be the first to admit it. JMHO.
Good article. I will only repeat what I said yesterday, according to the charts BPMX is primed for a run to anywhere between $1.25-$1.50 within the next two months. I also believe further positive results from clinical trials will at least put BPMX back over $2. I'm a reasonable person, who always looks at "both sides of the coin", but I can't help but think positive developments are coming down the pike from BPMX. If I'm wrong, I'll be the first to admit it. JMHO.
Excellent post!! I agree with your analysis completely as to why we are holding in the .78-.84 range.
I just cancelled all of my sell orders for the $1.00 to $1.03 range because I think BPMX will go much higher in the next two months. I'm holding my shares and looking for a steady rise beginning next week. Any other thoughts?
I believe BPMX is "primed" to move to $1.50+ within the next two months. Zack's report indicates that BPMX's product line should start producing more results within this time frame.
If we can take out that 10,000 share block at .91 we'll be in good shape. I'm hoping we close at/or above .90. This would bode well going into earnings on Tuesday.
Volume increase in the last two days looks like accumulation to me. I'm looking for the share price to rise before earnings next week.
If you get a few extra minutes, check the 3-month chart of a small biotech company under the ticker symbol EVAR. EVAR has a share structure that is very similar to BPMX. I think the same thing that happened to EVAR is happening (at the present) to BPMX. With the RSI and Stochastic as low (oversold) as it is now with BPMX, a large increase in share price is inevitable (in my opinion). The main question I cannot answer is how much this increase will be. I'm guessing $1.10s as a miniumum.
This is classic manipulation. I've seen it done many times, especially with stocks like BPMX that have very small floats. I call it "painting the tape." Day after day manipulators drive the price down to the day's low at the close to try to discourage share holders into selling. With BPMX the charts are strong pointing to a price increase to the $1.10s by the end of April. How do I know that, just look at the RSI and stochastics which are at historic lows for BMPE. A bounce is coming which means several days of very large volume which will make it very difficult for the manipulators to continue their practices. Just be patient for awhile longer, and you will be rewarded.
Another thing that I've noticed the last 4 or 5 trading days is that somebody has been "painting the tape" at the market close so that BPMX finishes the day at (or very close to) it's lowest share price. This is a common tactic of someone who is either shorting the stock or trying in some way to manipulate it. Since BPMX has a small float, it is much easier to manipulate than most other stocks. In my opinion, BPMX is showing classic signs of manipulation by one or more individuals.
Thanks for all of the great historic information. I was looking at the one-year chart for BPMX, and the RSI is at an all-time low of around 20. That RSI figure of 20 equates to very oversold. The stochastic is also very low (indicating an oversold condition)on BPMX. It's for these reasons, along with earnings, that I believe this stock will run to $1.10s or higher. Again, this is just my opinion. Time will tell.
It appears that the MMs have a tight grip on BPMX and won't let it run. I recently bought shares and am holding them tightly. BPMX has to make a run in the next two weeks. Any thoughts?
I sold the remaining shares I owned earlier this week when the share price was in the mid-$1.20s. Just doing a little profit taking. I will be a buyer of EVAR on any dips. I still feel that EVAR will move higher. Good luck to you.
Sure was. I ended up selling a little over 50% of my holdings yesterday. I was accumulating in the .70s and .80s, and couldn't resist making a nice profit. I'm still looking for $1.50+ to sell the remainder of my shares.
I'm betting that shorter got skinned/LOL.
That's exactly what I'm planning to do. Hopefully we close above $1.10 today. I'm looking for $1.50+ in the next few weeks to a month.
I'm hoping it gets to $1.50 today. I've got my fingers crossed.
You've got to love that last trade of 161 shares at .82. I saw that the bid at .82 actually got up to 40,000 shares. I can't imagine that actually being filled.