Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks you! Thanks to Revivax too!
Anyone know how to listen in on the adcom?
Thanks
$1 would value the company at roughly $300-400 million dollars.....
Be honest with yourself, it's not going there....
doesn't matter how thin it is after 2's, there could be no ask until $1 but it's not getting past 2's
Will never, you can wish and dream if it makes you feel better, but you have to face reality
Well, if the math is correct, they shouldve been done with that $150,000 last week... so the question is why are they still diluting....I honestly think they going to shoot for the stars, 5B A/S -> 5B O/S before August 31 at this rate.
Then if their scenario turns out to be true (takeover, merger, w/e etc) then the controlling interest will reverse split this and dilute again to finance. Bottom line is current SHO will end up with "almost" nothing...
The answers are actually laid out in black and white. Endless dilution, legal due to 10K and 10Q being filed whether or not the company is still functional. No operating cash...
all that's left are the patents, inventory, and shell. Patent extension is going to cost $$$ so I'm ruling that out, sales decreasing drastically quarter to quarter so I'm also going to guess inventory not worth much. Shell could be used for reverse merger but that 14mm debt does not look appetizing.
As to answer your question blood, IMO only, they are obligated to file on time but it really doesn't matter. Nothing is screaming "TAKE OVER/MERGER." the ugly gets uglier...
Either way you want to stay away from this stock (unless its lotto money)... just like how other companies/partners stayed away...
No one's willing to do it themselves, they all know the truth behind this...
They rather sit back and pump away, let the others do the work for them. Now get this, when it doesn't work...they quietly put their shares up for sale at 2's
What is your definition of thinning out? 50 million added per day?
How many shares left at 2's EOD?
Looks like this company is truly falling apart.....everyone leaving, nothing left, no more working capital...how is pps going to go up?
Someone call the TA!!! see what the o/s is and you'll know to stay away from this. If you've bought already, set a sell order and you might get lucky but if not, just think of it as bad investment and write it off
That's all the advice I can give you
Interesting to see where the O/S is right now, especially after a new high volume day appeared.
Anyone insterested in calling the TA? 1.5 Billion? that's my guess
Yes, very illiquid. They can try it too, not as easy as akhilant makes it out to be.
Wait for tomorrow, we're gonna see a whole new bundle of shares for sale at 0.0002. Just watch! If not, we're still not getting past 0.0003's.
Everyone going to sell at 0.0003 and then try to buy back at 0.0002. Violates the most basic rule, supply and demand.
I'm right here, Still not taken out! Went to take a nap cuz this is getting too boring.
Would you buy a stock with over 100 Million shares on the ask?
Think why that number went down when volume decreased...Doh!
You know what they say about Technical analysis. Price action is most important and I think that just about sums it up...
Isn't that called making money? You're up $1, you made money....I thought that's what selling was for...to gain money...
I'm with you on this one, but think about this scenario...
No more 2's and they run this up hard, traders in disbelief and want to get in but no drop...then they finally get in and bought too high
According to my memory, O/S hasn't changed for a week now, Someone posted O/S was 1.36 Billion and I checked with the TA on friday and it was still only 1.36 billion.
Wonder if they stopped selling due to number of transaction restriction
Actually, $150,000 is used soley for their filings.
I'm thinking... are there other shares coming into the float from the company for operating cash?
Called the TA today, O/S is 1.36 billion and when I asked for the number of Unissued shares, she quotes
"I'm not allowed to give that out but the company is still well below the amount they are allowed to issue"
Makes you wonder,
Anyone call the TA today? Mind sharing with us the updated O/S as of 06/20/2012?
Thanks
You do understand what these guys do with "bad investments" right?
Cut your losses, salvage what's left, move on.
Do you really not understand?
Akhilant, the point is not the 14 Million...
You tell me, what is 14 million worth when you have BILLIONS...
These hedge funds operate in a different fasion, you may think 14 million is a lot, but really...it's pocket money for these guys. They'll just salvage what they can.
We all know that...but WHEN?
if you look at almost all other penny stocks, Accumulation line going up doesn't mean anything. The A/D line is usually brought down sharply with a sharp decline in PPS.
This is due to dilution. Only if they stop issuing new share on the open market will the A/D line actually mean something
It's a low volume day, who knows what'll happen once volume kicks in. They might just come back at the ask with millions more at 0.0002
It's strange how often they filed 8k during the first 4 months of 2012. Seems someone is trying to make everything transparent in an effort to 1. limit liabilities or 2. pump pps.
Is the company obligated to file an 8K in conjunction with their 10K and 10Q?
Use google maps to find Radient pharmaceuticals... apparently its called sunrise healthcare. Small building and parking lots almost empty. Not sure when they took this pic but if it was taken during hours of operation...
Relax and Laught
Based on this information, the letter goes on to state that currently, there is no generally accepted screening test for lunch cancer or regulatory approved blood biomarker for lung cancer screening.
Maclellan eating his lunch while writing this up?
Reference. http://www.sec.gov/Archives/edgar/data/838879/000114420412012170/v304307_8k.htm
You'd think there'd be more insider buying or just buyers with an expected 8k 10k 10Q with good news...
I went and re-read their SEC filings and I didn't read anything about an 8k being released this week. Would someone copy and paste where it says it for me plz?
Thanks
How many shares in total on the ask? Well, low ask number on low volume day kinda balances things out.
so there's only ~10M on the ask? Or other MM's are selling too but I thought CSTI and BTIG were the only 2 mm's helping lenders dilute...
Thanks
CSTI still at 0.0003? What about BGIT? How many hundreds of millions will he have to sell before we uptick?
well CSTI was at 0.0003 yesterday, lets see if he reloads 2's today or stays at 3s.
The rest will depend on how much the other MM has to sell at 0.0002's then we can uptick
But ask is also increasing O_O what's going on?!?!
The bid ask is always relevant, you use it in conjunction with other methods to check what's going on.
Don't you think it's strange that the bid remains at ~500mm? Wash trading perhaps?
May I ask what the Bid and ask is right now?
Here's an article from seeking alpha describing bankruptcy situations, it's a good read. I'd like to hear what your responses are longs and shorts and people on the sidelines after reading this.
Every bankruptcy is a different scenario, some major DD is required!!
Thanks
Here's the link : http://seekingalpha.com/article/318759-understanding-bankruptcies-as-an-investor
I know it's not the end all be all. All I want to see is if he is actually able to back up all this pumping...
Maybe he's got his own agenda...you the lender STREAMER?