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I hate to admit that you are probably correct in your assertion that this will drop significantly. Maybe not today, maybe not next week, but soon enough, with lack of concrete news, this will drop into the low teens.....
Not bashing, not flipping, not anything malicious, just a fact of the market....no news and big share count leads to big drops......
LOL
This is a penny stock, there is no way all of these newbs are gonna wait around several months for more news!! Lower prices than this will be coming in the days ahead!
Bargain shopping has begun!
oh little buddy, why such a negative nelly???
you got the news....read the report again...and then understand what you are looking at....that isnt news enough for you?
BUY BUY BUY BUY BUY!!!! I do love when the sheep sell off their shares.....
John, did you read the entire form, or stop at the words 5 billion?
You have no idea what this says do you?
BMSN has just paved the way, to pay for the rights, to be a major player in the pharma world.
They are preparing to compensate Dr Min, when the different stages of approval come to fruition.
This in my opinion is FANTASTIC news!!
I wonder, do you think the new shares will hit the market today?
Is that why you proclaim that BMSN is finished??
It is all layed out for you, step by step, the compensation for each phase of developement.....FOR GOODNESS SAKES THEY ARE TALKING ABOUT PAYMENTS MIN WILL RECEIVE WHEN TRIALS START!!!!
Do you need it spelled out any clearer??!!!
Come on people, stop being sheep!!!! Understand what you are reading, understand the workings of the market, understand business....stop being led around by bashers and nay sayers....
and for goodness sake, sell if you want to(and then stop posting here)..I will buy them and so will others who actually know what they are reading!!!
This is really kind of fascinating....I am in this one only with money I would not mind losing (fun money) and I have to say, I have guessed wrong at every turn.....the amount of money on the bid is shocking to me....
Who knows this may be fun!!!
GLTA
YES!!!!
I have been waiting for your beautiful face to return....its time!!!
BUT IF YOU DONT LET THEM MAKE UP CONSPIRACY THEORIES...WHAT WILL THEY DO WITH THE REST OF THEIR DAY!
lol
Great explanation!!
just as an observation....it seems that some posters need their information spoon fed to them...my opinion is they are too lazy to do their own DD.....I saw the post to Gary this morning and was really shocked...I guess Gary is his investing guru and he could not make a move without him :)
JMO
What news are you expecting??? or better yet, enlighten us as to what YOU think todays hearing was about....that way maybe we can figure out what news you expect to be spoon fed to you
My friend, I dont know anyone here, so whatever you are implying further proves my thoughts about you and the fact that UDKSQ,
However I know how to trade a Q stock....
I have bouhght and sold this stock several times so far....I bought again today...and I will sell when this goes up in the next few days, there is a ton of money to be made here and in most Q stocks...
I am going to tell you how we make money in a Q stock, by taking advantage of folks WDKSQ (look in the mirror) about Q stocks and are posting without knowing the procedures, the filings, the dates and what they mean....
It is obvious that UDKSQ and you prove it every single post you send.
GLTU and take some friendly advice, trade somewhere where you at least have a fighting chance...clearly over your head here.
Exactly, WTFDUKQ....nothing>>>do some homework...today was a foregone conclusion...a procedural hearing....now the trading, and money making really starts...but WTFDUKQ
Please dont try to explain it to them....this is wonderful news....but those who dont do their own DD and then whine about it dont deserve the courtesy of an explanation
GLTA
You might need to clear your cookies to get L2 working.
I was called a "bashing clown" earlier this morning in a PM by another poster...the comment that triggered this, was that I commented that this would return to .0019 soon enough....
I submit to you all, why shouldn't it return to that level...the 10k clearly states that the company will sell shares to raise capital...there are 1.75 billion shares in the market now...the company has no money, granted it is waiting on news on several fronts, but that news, although a great start, will produce no revenue in the near future....
The great equalizer is the possibility that the company could be bought, which is why I hold a position here...but, a reverse split is also a real danger considering the AS/OS..
I am not sure why my posting about the reality of this company is now bashing...the pps may rise today, tomorrow, or for a week, but mark my words, it will return to the levels of yesterday and possibly lower....simply because sustaining a higher pps is not feasible given the enormous amount of shares in the market or given the companies present financial state...which at last look was not so great
this is just reality, and reality makes me money....not pump, hype or "pennyland here we come"
Just my opinion, not bashing, just reality...
Trade well...GLTA
dont sweat it, they will be right back...possibly today
JMO
By far, one of my favorite indicators is the positive finish going into a weekend....very good sign IMO
Nice weekend all.....
By far, one of my favorite indicators is the positive finish going into a weekend....very good sign IMO
Nice weekend all.....
Pre weekend trading...profits have been made and many dont like to hold....not my style in something like this...because we could return Monday morning and this could be thru the roof...but I attribute the drop right now to weekend selling
JMO
and...the repeat naysayer even more positive, in my opinion of course....
always a good sign when the naysayers pop up!
Thanks for coming
Isnt that always the case? Without buying pressure the price will not rise. Big picture not minute by minute....sometimes its better not to look IMO
Ah, but it appears you were incorrect
I let emotion get the best of me on that last bounce...my fault completely....I am not ashamed to say, I really thought based on the filings and the way the judge seemed somewhat leary of the company antics, that this one had a chance to really score...
really nice vacation score for me if it did.....but alas not to be....
as I said lesson learned....good luck friend, nice to talk with someone here who just shares info
gl to you
oh
i did well, actually got in a .035 and .04 and sold at .07 each time it bounced up....this time with the pending hearing and the fact that the filings gave this a shot...i took a chance at the the homerun...thanks for the interest in what I made...i think it would probably be better if you worried about what you made.
but that, as all else I post here, is just my opinion
Good luck to you
You are totally correct...but first they will skip away with everything that remains after the charade is over.....what a joke this was.....
saddest part is there are folks posting on here who think things "will turn around" with the current stock they own....they dont seem to realize the shares of SCHSQ are worthless...
I follow Q stocks and do ok with them....I truly thought that this was one of those long shots that was going to come in and pay handsomely....
the fact that this deal and this filing were allowed to be signed and completed really shocked me!!
The one thing that still confuses me is who bought all those shares on Wednesday to push the pps to .09 and more importantly what did they think that they knew????
(and why didnt I sell!! LOL)
Life is a series of lessons...this was a lesson for sure...just not quite sure yet what I learned.
GL to you and to all
on to the next
The company will be a private entity, (clearly stated in POR)...we dont get to smell those roses....
POR approved, hearing has been adjourned...the end
It is clearly written in the POR that the equity will receive nothing. This is now an argument about how they will divide up the pie...equity will get nothing regardless of the outcome of the hearings...once the EC motion was denied stockholders were toast... the equity has no voice, the agreement will not be changed to include a distribution for stockholders....dont be fooled....equity will be worthless the moment the agreement is signed.
Ok
believe what you wish....I am telling you the EC motion was denied....
Dont be fooled here even though battle rages on in court room over POR...equity receives zero when this is approved...that will not change...EC motion is denied...party is over
Its over folks EC motion denied..get out now
The dog and pony show is being exposed for what it is and the anticipation of a possible EC is driving the pps.
If the EC is approved this price will be a distant memory!!
What that was a stretch!! LOL post about BMSN here...not other stock symbols.
Thank you
Excellent!!
A few other subtle signs point to good things happening....someone (who may or may not know something, wink) keeps making purchases of shares...(above the ask) for decent amounts...most all sells have been small....and any time the pps drops to an uncomfortable level....bid support kicks in and stabilizes situation...
This IMHO is a very, very good sign....by all indications the mass sell off should have begun and it hasnt.....something very good is cooking here.....
The fact that the entire body of the deal is being questioned by all parties...bodes very well for the equity......
If proof can be provided that the company attempted to pull a fast one...judge may feel that all parties, including equity deserve a voice in the formation of a new agreement...
Long shots come in everyday...this may be one of them!!
IMHO
That hearing has been reset for 5/23/13....but I wouldnt count on it that day either......so many objections....this deal is so one-sided....this could all fall apart.
and dont know if you read the objection by the attorneys for the Equity committee formation....the objection is very strong in favor of the formation of a committee..in my opinion....
good, good things to come here!!
And still more objections pouring in!! Debtholders tried to negotiate and company did not respond....oh the possibilities here are getting better and better....nice to have the US Trustee advocating "no deal" and basically saying...."Nope you cant take all the good parts and go private"
Nice hit well above the ask also....things are heating up in a big, big way here!!
IMHO
or to put it in non legal terms....
The US Trustee has stated "you cant screw up everything, keep all the money for you and your friends and walk away scot free!!"
Good for you US Trustee!!!