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.
etrade cannot SETTLE these trades!! That is why they are not allowing the security to trade on their platform at the moment. After a couple of hours on hold yesterday, I finally spoke with a person who was able to explain why they are not allowing me to sell my position. He was not able to tell me specifically why the other side was not able to settle, only that they had a couple of red flags from trades that could not be settled within the SEC timelines so they locked the security, no trades on their platform until the issues with settlement are resolved.
Hope this info answers some questions.
I am guessing this one is TOAST... Big frown face in my etrade account today :(
hahaha... no one is making a killing here! even if you made 200% on a trade of a few thousand shares of a .02 stock you haven't made enough to take your wife to dinner! with 150k volume for the whole day I can not possibly believe that flippers with any brains or experience are involved.
Yep, I agree with what you are saying 100%. I personally have a couple of stocks I play that way, I've fliped CVSI 6 times in the last year at 15% everytime. The problem is, that 100k shares was broken up into many transactions.... Had it been a single person flipping one deal then it would make sense. I would flip a $1500 trade at 15% for a $225 profit all day long if I could but would I flip 100 shares of a .02 stock?? Nope. I honestly don't think its flippers right now, the volume is just too low.
I don't know that it's getting flipped personally... Total volume today was 131.5K At an average price of .02 that is a total of $2600.00 worth of trades for the whole day. Individual trades were very small... Who flips plays that small?? More likely it was people trying to cause movement that would then catch on... Like chumming big fish using minnows :)
My etrade account represents about 25% of my total investments and is the only place that I play high risk. Of that number I currently have about 25% in this play, 25% in CVSI & 30% in VSTM. The rest is divided between CRMD & VSHC. Those amounts can change weekly as I have bounced in and out of CVSI about 5 times at 15% gains each time. The % I have in VSTM has reduced because I am currently -31% on that one... The VSHC was a knee jerk play that I probably won't stay in long.
I personally feel this one and VSTM are 18-24 month perhaps even 36 month relationships that are going to treat me as well as TNDM did over the last 18 months. Guess we will see.
we will know prior to that because if the news is good the insiders at ASCO will begin to inflate the price in the week or two leading up.. If the news is not so good it'll be crickets until the release.
Linda P still associated with Toucan Capital?
When I look on Crunchbase, she is still listed as the managing director and the only employee of Toucan Capital. Her resume states that she "previously served as managing director" from 2001-2010. It looks like Toucan is still an active company at the same address as NWBO. Anyone have any insight?
While I would agree that this hire was a good move, I disagree with your statement that increasing shareholder value is her primary responsibility. At least I disagree with that statement without expanding on it.
This is a relatively small company, her role is likely more hands on with day to day management involvement that would not be the case at a larger company with hundreds of employees and multiple department heads. Her primary responsibility; I would argue, is to lead the company in a gainful direction that eventually leads to a successful product, market share and ultimately an increase in shareholder value. If she was focused entirely on regular press releases when there is no real new information, some might argue that she was pumping.
From what I can see, she is doing a good job at leading the company but short term penny flipers would prefer she spend more time talking about speculation so they can profit from the markets response. She did sell a big chunk of her own stock and loan the company 4mil $ recently (to be paid back to her in stock at a cost per share of $2.30). I think her intentions are to make this company succeed, guess we will have to wait and see :)
Don't get me wrong, I don't think that.
I am simply acknowledging the very small possibility. When I am gambling I try to look at as many possible outcomes as I can. :)
I think it is actually likely that a lot of patents will be using both :)
I don't disagree that this product could get there, it's the timeline that I struggle with. You have to look at how long it took Novocre to get to where it is now and keep in mind that they are already effectively treating Glioplastoma with a very different tech than NWBO is developing and they are already in the process of expanding their market to other types of tumor treatment. NWBO could certainly be a 5B company in the next 5 years... I think most people who are looking at them in this very volatile stage of their life are looking at shorter term, higher risk/reward gains.
Hmm.. My question would be, were did you come up with a target of 2B MC? I think that is unrealistic on the short term personally. Even if the unblided data is released and is promising they are only likely to capture a small percentage of the market share for a very specific and not very common type of brain cancer treatment. It will take time for them to capture more of that existing market share and even more time to branch out into other areas of cancer treatment. I prefer to be a little more realistic about my expectations :) I think this company has the potential to provide gains of well over 1000% if they are able to pull off an uplist through quality news and PR.. If they do have to RS in order to get there I will be happy with 300-500% personally. The other possibility is that the news is not that good and then further discredited by the very specific selection process they went through to decide who the 331 people in the trial would be (most likely to succeed) and they fail altogether only to sell out at .20 a share since all they have of value is their patented tech. It's a gamble.
I certainly don't give advice on how anyone else should risk their money.. While I did Awesome on TNDM last year I also lost about $8k in VTL. They remind me a lot of NWBO in that they were essentially a one trick pony. When their third phase trials did not work out the PPS dropped from $7 to .20 overnight. I was able to realize that loss in Dec and it helped a bit with my tax liability for the gains elsewhere and I still had a great year. I'm just saying, it's always a gamble and the stakes are high over here on the OTC side of things. I personally went ahead and loaded up on NWBO now because there is a chance that they will not RS, if I was 100% certain that they are going to then I would wait until after the RS to buy.
No doubt, we would all love to see the PPS grow to the $5 range without a RS! That however is not what I am predicting. Not that I don't want to make those kinds of gains and buy an island... :) I'm just sayin, I have seen it too many times and the odds are, it will be a combination of legitimate good news coming out of the unblinded data and a RS that get's them on track. I played this same game over the last couple of years with Tandem. I was holding a pretty good sized bag when they did a RS, then I bought some more in the dip after the RS pulling my average down to around $5PSH. I sold them at $49 less than a year later! Had I held longer I could have sold this morning at $65 but my Crystal ball has it limitations :)
I have seen this several times... A revers split of 15/1 will put this in the mid $3 and get it into compliance with NASDAQ. This will also get the OS below 35M and will be followed by a small amount of dilution in the way of stock options to employess. (the 4 mil that LP loaned the company last year will be payed back to her in stock at $2.30 per share for one example). Directly following the RS the price will fall to the low $3-high$2 point, that is when I will buy more and hold for several hundred % gains over the following year.
I would be VERY surprised if what I just described is not how this plays out over the next 18-24 months.
And that somehow makes your case??? Like I said, if you can't outspend someone on a keyword then you don't do it.
Not true. I can put wells Fargo in my keywords on Google Analytics and I can then pay to boost my Google ranking. I might not be able to pay as much as Wells Fargo so that would be a bad investment... I am not sure you understand how keyword analytics work..
hahahahaha... It's not trademark infringement! I can buy any keywords I want to push Google traffic.
Keep in mind, patients are not the only way that Novocure makes money.. Investors are important to them as well. Before today they were not on my radar, now I am considering an investment. They targeted those keywords for multiple marketing reasons, I'm just sayin' :)
What's up with the 15% drop today?? Not seeing anything in the news that would trigger this.
OK. For anyone who has no holding then a play might get a little return as a merger is probable. I however just picked up another 1000 shares yesterday because it was down 9% at the time. My total cost PS on 2000 shares is currently $7. No way I could buy enough to average down at this point as this doesn't get more than a couple bucks a share in a merger in my opinion.
Why would anyone think this is going to bounce?? Their clinical trials were so bad that they completely abandoned their only line of development. They have nothing at this point that has any value to it.
I had 7K in as of closing bell yesterday on 1030 shares.. That was a haircut! I almost bought a few thousand shares at 60 cents this morning to average down but I don't think this is a falling knife that can be caught at my current PS cost. I'm probably better off buying more CVSI and hoping it recovers what VTL lost me :)
No point in being rude dude. I am not a professional investor, thats why I come to boards like this one to share information and try to improve my decision making. I seriously doubt that my asking a question about an article leads to me being "Part of the problem". I only bring up the article because I want to know if anyone here has any feelings about it. I doubled my holdings on Friday and I am just trying to make a smart move now.
Has anyone here read the article in Seeking Alpha by Wallace Lee about CVSI? Sounds pretty bad to me...
https://seekingalpha.com/article/4202647-cv-sciences-investors-watch-risks?page=2?article_roadblock
The physical company is growing fast. I happen to know a person in San Diego who told me they added a secondary warehouse location a couple of months ago and are now taking over the remaining vacant space in the building they are in so they can expand their sales team over the next few months. (this is all public information if you know where to look, no insider info here) All indications are that they are a rapidly growing company.
I did a little research... They did nit really buy 200mil shares of Berkshire, they traded them 200mil pref common shares of TRRE.
When I google the CEO's name, I find him affiliated with a gold mining OTC back in 2013.
I don't know about this one...
I am unable to sell... Yet etrade is showing a volume of nearly 500K today, last trade at .01
Sucks.....
Bout as much chance as there is in a bind dog getting a bone... Or a one legged man winning in an a$$ kicking contest...
Nothing here on etrade
Here is another story I found online:
Magna LLC purchased a golf course from the bank....
http://www.livinglakecountry.com/oconomowocfocus/news/magna-llc-buys-golf-course-ski-hill-n19ae6p-200289181.html
Samil, how did you determine that Magna LLC made that buy? If that is true that is very interesting.. Magnallc.com is a company called Magna Capital... Here is a blurb from their website:
"Magna Capital is a private equity investment firm specializing in buyouts, recapitalizations and acquisitions of small and mid-sized companies headquartered in the U.S. The firm invests in high-quality companies across a wide range of industries with a primary focus on the industrial products, healthcare products and distribution sectors.
Magna Capital offers several advantages as an investor/partner with business owners and management teams, including its partnership philosophy, long-term/strategic focus on investment growth and value creation, active investment style, utilization of family/stable capital, substantial investment/transaction experience, extensive industry/end-market knowledge, use of flexible/conservative capital structures and reputation for execution excellence."
We have had this debate before... More than once actually. I believe the error in your post is that you stated the deposits are microscopic.. This has been argued in the past and those who have claimed they are microscopic have not been able to back that up with anything. Small, yes.. But they have been able to recover to the degree expected right up until they don't have clean water... The water is the problem here, always has been.
DUDE... The market value of a public company changes every time the PPS changes! It doesn't mean anything... If you have 10 peanuts that are worth 10 cents each then the market value of your bag of peanuts is $1.00. As soon as a few people come along who are willing to pay 12 cents each for them the market value of that bag goes up to $1.20. It's all smoke and mirrors.. This stock sat at no bid for the last month, that's why the market value has been stagnant...
Nope, from what I can dig up you are wrong about that.
Here is something I dug up from Reuters from several years ago:
"KBK Capital Corporation, incorporated in 1992, is engaged in providing financing to businesses through loans secured by accounts receivable, inventory, equipment, owner-occupied real estate of the borrower and the discounted purchase of accounts receivable. The Company, through its wholly owned subsidiaries, U.S. Growth Funds Corporation, KBK Financial, Inc., KBK Receivables Corporation and KBK Capital Trust I, is an independent financial services company that provides a broad line of financial products and services to middle-market commercial businesses with credit needs of less than $10 million. KBK's client base consists primarily of businesses with annual revenues ranging from $1 million to $50 million. The Company's clients typically have rapidly expanding operations that drive their need for capital. Its clients are located in 19 states and are engaged in a range of businesses, including foodservices, energy-related, manufacturing, wholesale and retail distribution and other businesses."
So, KBK Financial was a subsidiary of KBK Capital.. But they have since sold it. That would have decreased the Value of KBKC by whatever the value of KBK Financial was... I'm just sayin'
That reasoning might make sense if we were talking about a public company.. The value of a public company is determined by its stock.
We however are talking about a private company.. Whole different ball game. You have to know what the value of the private company is and then divide that by the total number of shares issued to get the value of the shares. Anyone have any way of determining the value of this company???
Hey Amigo, I just looked closely at your post... That PR was regarding KBK Financial... Totally different company. We are talking about KBK Capital Corp.
Be careful not to dig up info on the wrong company and send yourself on a goose chase :)
Now you are looking at the big picture :)
That is the question, why did they spike right before they went private.. Could be many reasons, the most likely one is that they were buying back and retiring shares.. Thereby increasing the value of the remaining shares. Everything is relative. Now go drill into that thing and take a look at the volume that was involved, it was very small. 200 shares here, 1200 shares there... They probably had a very small O/S at the time.
The reality is that spike is not the number that realistically represents the value of the company today, especially after they manufacture a million shares to give to us in trade for our WGIH shares.
A seven year old press release... What exactly are you "Just saying"