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How's BPAX treatig ya Jeff? I see the usual suspects cont. to pump and cheer this stock on. Any long term holder gotta be up in arms with the share price. But whatever, don't mind me. I wasn't a holder when the share price was high. Boy I'm glad I got out.
It's pretty sad the usual suspects on here cont. to be delusional about the share price. Good luck to you guys.
Same song and dance. The usual suspects cont. to pump this stock and pat each other on the back. Well I sold today at a huge loss. BPAX should start the rapid climb..............................................................................................................................................................................................................any minute now. GLTA
Flat line...what the bosh is going on here.
I drank the kool-aid and was a believer.
When did the SEC enter the drug regulation business?
ICLIGHT, I see you haven't been drinking the Kool-Aid. Good for you. There's really no point in arguing on these msg boards. Make your money and move on. The people on here are all cheering and will cont. to cheer for BPAX until the stock hits ground zero. I hope it doesn't hit ground zero though. I have my stop loss in place, just waiting for this to hit $3 before I can get out.
HAPPY DAY!!! Took a shot and glad I did. Got in. Got out.
It's not just Biotech. A few years ago, any financial or housing stocks msgboard were and still is the same way.
No point in arguing. The market doesn't care about your position. Tuition rate for Wall St. is expensive. Bottomline is to stick to your investment/trading strategy.
Anyway I'm approaching my limit. GLTA.
Looks like we roll with the same crew. Former DNDN and HGSI lol.
ES is a great buy. You'd be insane not to buy at this price. Currently trading at half book value.
You boys need to have thicker skin. Everyone's a keyboard wanksta on the internet.
This board is full of informative information with well documented facts. Bottomline is BPAX needs a recurring revenue stream to support ANY upward mobility. BPAX is burning cash like it's 1999. Until BPAX can est. a recurring stream, the market will value the company at cash value.
I believe everything that's known about Elestrin, Pill Plus, Bio T Gel, Libigel, GVAX is already baked into the current price. PUMPING or BASHING isn't going to do anything.
You people just have your heads in the sand.
It appears nobody else here has played the biotech game before. Do you think the FDA, after the first failure is not going to scrutinize anything from that point on even more?
Well at least BPAX is run by a competent team who are not crooks. Look at APPY, they did a 6/1 and the share price dropped by a third. Second reverse split in a year. Just be happy that BPAX didn't implement a reverse split AND issue new shares at a price much lower than the post split price.
ah don't worry about it. Buda will say "that's just what the charts are telling me."
I agree with you there. Traders' been killing it the past few months while us longs are left brickering over the share price. Speculating what mgt is going to do, etc.
An hour into the day and BPAX is trading at half the total volume of yesterday.
That just the way it spins. Another day.
I'm glad you brought that up. I was doing the jersey shore fist pump all the way thinking I could get out of this stock now haha
So what's the catalyst for the reversal today?
I feel your pain Josh. I need another $0.30 upward movement. Something tells me it's a headfake like Friday's movement.
Common sense, not so common in a common world.
http://imageurl.org/?di=236C
The one catalyst that will get this stock moving north is recurring revenue to offset the Libigel capital burndown. I dont' believe anything Simes or any CEO say for that matter. Fact is BPAX is burning cash each month.
So I wasn't the crazy one after all. Good thing I haven't been drinking the kool-aid and was able to see objectively the NEW UPGRADE was in fact a downgrade. As I pointed out in post #17031:
$0.70 Price Target (PT) Pre split and $2.00 PT Post split does not make any sense.
As Kei pointed out, this stock is in swing trade mode. Long-Term four to five years, this stock does have the potential to be at $50PPS. Mastertrader along with a few others have made money trading the swings.
Question is, do you have that long of a time period? I'm not shorting this stock, still holding, waiting for my exit. At this point anything north of $2.90 is good enough for me to break even.
Nutsy, JDFM, Jeff, PeteRose, and others thanks for your DD. I know you boys are longterm holders. Keep on the great work. Your research will be validated in a few years.
Top 3 Reasons for the downward price movement.
1. Bear raid
2. Overall market deterioration
3. Greece Pro Bailout
Don't worry about the temporary downward trend. If Friday is any indicator, BPAX has the HUGE potential to be a blockbuster drug with a PT of $12-$80 as others have pointed out. The DD on this board is second to none. As I've seen on other boards, analysis paralysis does not apply here. A good minority of the people on this board drinks from the same Kool-Aid and BPAX is a great company. I'm holding on to BPAX until the market finally recognizes all the hard work everyone on here have done.
Keep up the good work everyone. Thanks for doing your park and still believing in BPAX despite what that turd AF said. I'm a believer too.
Yes let's all get together in one giant circle jerk and celebrate the victory today.
Yo voy a Madrid en noviembre de asistir a instiuto de Empresa durante un ano. Yo encanto el Gran Canaria.
man if I knew how long it takes I'd be a millionaire living in Canary island or Phi Phi by now. Based on other stocks I've held positions in the past it all depends. DVAX took about two months back in 2008, GGP took 10 months. HIG, SNDK, LVS, XL...it all depends.
Buda is right about swing trading though. It all just depends on your risk profile and how long you're willing to hold a note.
Yes I gather that much from reading the article. What I failed to point out in my posts is that Jefferies should've said the $2 PT is from a pre split point of view. Happy Day...looking forward to the price correction so I can move on.
You're still missing the point. YES $0.70 Post split @ $0.12 is absurd!!! Now, is the $2.00 Jefferies target POST or PRE split? If the $2.00 was post split, then that just means the target now is $0.34 pre split. Let's compare this apple to apple.
$.70 Pre Split Target - New Pre Split $.34
$0.70 Pre split - $2.00 Post Split Target (HUH???)
Shouldn't the new target be $12 if you take the r/s into consideration? The analyst at Jefferies should be reprimanded.
Journalism fail! Jefferies raised their price target for BPAX from $0.70 to $2.00 Was the $0.70 target Pre split or post split? Article should read Jefferies lowers BPAX target from $0.70 to $0.33
http://www.benzinga.com/analyst-ratings/analyst-color/12/06/2669436/update-jefferies-raises-pt-to-2-on-biosante-pharmaceutic
Time to bust out the pom poms and start cheering this stock right away...wait a minute, wasn't this suppose to pop like ROSG after the R/S? Where are all the pattern seekers who were so sure that BPAX will pop just like ROSG?
Six days in a row BPAX continues to deliver on the promise of being a superior stock in a sea of turds.
I lost faith in this thing a while back...thought about holding on until the end of this month and take a lost. gotta deploy my capital somewhere else where it's appreciated.
Be nice. That person will call you out when BPAX rockets into the Mars' atmosphere 20 years from now when Libigel is approved and 25 R/S later.
If shorts were to cover wouldn't BPAX run much much much higher? Doesn't make sense to me to see a drop in short interest, yet the share price is STILL depress. You have to wonder what the heck is going on. Are we the bagholders? I think the only think that will make this stock go up in price is recurring revenue or capital infusion.
$4 is a long shot. I lost faith in this stock already. I appreciate the valuable information posted by nutsy, jtfm, jeff and a few others, but the market doesn't agree with you whether it's manipulation or not. The supposed good news we've been waiting for was DOA. BPAX is by far one of the worst companies when it comes to disseminating news to their shareholders.
Same sh!t different day. Good news the stock goes down, bad news the stock goes down, no news the stock goes down. It's hard to have faith in BPAX...yes my tone is different today.
JTFM are you on ADVrider?
Why do you think that is Jeff? Other BioTeach companies are big on PR announcements but BPAX has been mummed. Also, I was certain FDA approval of Bio-T-Gel would propel the stock forward back in February. Everything about this company frustrates me, but like a druggie I'm hooked.
Flip a coin and you'll get your answer. The census here is it'll sky rocket if they are going forward with Libigel safety study and NDA submission.
I've read some other crazy crap about using Astrology, Stars, Chimp farts to predict the movement of daily stock prices. Every single set of data point chartists use is based on past information. You can say what you want, your chart reading ability is as accurate as flipping a coin.
I'll stick with the fundamentals and intrinsic value of the company I invest in. For riskier plays, behavioral finance/economic models FTW!!!
Nutsy,
So by your logic, the stock should be trading at $2.21/share at the end of June since the burn rate is $2.5M. So technically aren't the shorts right for taking this down to "cash value" without valuable pertinent news from the company? Other arguments I've heard about share price is every news is already baked into the current share price. Am I missing anything? Others please feel free to chime in as I know Nutsy is getting close to his limit.
Before anyone go bashing me, I'm NOT a short. I'm holding til the end of the month to see what the plan is going forth before I make my next decision. Like I said in my previous post, I'd rather sell at a loss and move my capital somewhere else where it's appreciated.
You might want to check your account again. Look at the cash history. I got charged $20 for the reverse split and reorg from my broker Choicetrade. Maybe I'm getting nickel and dime because I'm using a discount broker...but check on your end.
From reading about the charges and lost of capital due to the R/S...the lesson I learned here is to sell before the split and buy after. Just another thing this young investor chalked up as a lesson. Thank you Mr. Market. One more thing, checking the price of BPAX daily sucks the life out of you when the position goes in the opposite direction. This board has been fun and I'm holding out til the end of the month to see what updates we can get...after that I might just sell at a lost and move my money somewhere else where it's appreciated. Capital lost is capital that cannot grow.