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I'll be impressed with management when they end up in jail where they belong
They didn't tell anybody before they dumped shares the last two times. They will be happy to tell you afterwards though
Lol this was over a dollar in September
Congrats. Hope you were smart enough to get out before they dump more shares
That almost sounds like you assume I am dishonest. This could hurt my feelings
No worries, I've already made plenty bleeding this garbage down to zero
Right...and you feel free to blow your cash on shares that the company is happily diluting for pennies
Actually no, it doesn't. They know this isn't worth much. They'll be flat broke in a few months
Yeah that really makes a difference. Lol
The company itself. In their last filing, they admitted to diluting over a million shares from 21 to 23 cents the last month and a half, and the filing before that it was 10 million shares from 28 to 34 cents. They must see a lot of value here
I read their filings, where they admit to dumping down to 21 cents a share
That's what the insiders are counting on when they dump millions of shares at market right into the big run
21 will be resistance, not support. It's never going above 21 again
Looks like it's going down to me, similar to your KKK membership numbers
Time for the new batch of shorts to drop this down to where it belongs
Why wouldn't it?
If they believed this would go up, insiders would be buying hand over fist. Instead they are diluting down to pennies before it hits zero
Because they have enough stock? What does that even mean?
Are you referring to the free shares they gave themselves? Because they sure as heck didn't buy more than a couple hundred shares. Lol
Nasdaq is not important?
Sure, I can explain it. Yahoo has a 1 year target of 11 dollars and their numbers get updated once a decade
I only ask because Nasdaq has institutional below 3% and it's probably lower now with the dilution from 19 million to 29 million shares
Where in the world did you get those numbers from?
Yeah it looks like it. That's why Pfizer ran for the hills and the stock cratered 90%+
I'm not sure. Maybe they will finally announce some details about the Isonep failures from May that scared Pfizer off
"Lpath has no plans for further development of iSONEP."
In their last 10-Q, this little detail doesn't concern you?
You think there will be a payday when the company dilutes at 30 cents?
On August 9, 2015, Pfizer’s option to obtain worldwide rights to iSONEP expired, unexercised, which resulted in the termination of the Pfizer Agreement. Consequently, all rights that Pfizer held in the iSONEP program have reverted to Lpath. Lpath has no plans for further development of iSONEP.
Those already failed in May. That's why the stock price is in the toilet
Phase II for what?
There's 29 million shares out there now not 19 million, they dumped around 10 million at 27-32 cents
...at least until after hours or tomorrow
And it keeps dropping. Go figure
Ha, well hey sell for loss if you need the money back fast, I get it. I'm just surprised this hasn't taken off yet
Smart. This dropping below 28 cents is completely idiotic
They should, it's kinda dumb to sell at 27 when their insider options exercise at 28
Strong buy at 15 cents
I'd say today's action counts as a big movement. Congrats, you were correct
This one is over with. No reason for a bounce, this is sinking in quicksand
Sure it will. Bombs away...
Good call