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This pig is finished !! Going to take a nice tax loss and pull it all out tomorrow ..
Yea he goes into auto response mode, " as soon as we know we will let the SH know " ..
I called CVM directly and asked about the FDA. Gavin told me that he has not seen a response. I take that as
1. They have the response but he physically has not read it, so he can tell me he has not seen it .
2. The FDA had gone over the 30 day mark and they still have no answer ..
The only think Geert has to loose is his dream of becoming a billionaire.. He already sucked out millionaire status from this pig ..I personally feel that he is like a drug addict, he can't see the truth about his reality. He will ride it to rock bottom believing that everything is going to work out somehow. Once it finally falls he will have a long list of everyone to blame , but himself. I pray I can jump ship at even money sooner than later ..
I could not agree more .. Over 300 million dollars later.. The stock of about to go pink ..
It was hand delivered, and singed for ..
Well today should be the big day ... I'm up early to max out my CC on retail Christmas gifts. I'm so sure that Geert will swiftly tell his share holders what's going on with the FDA.
30 days is up !!! I sure hope they have good news ..
From what I have been told, they are still in the thick of it. I'm hoping by around thanksgiving time . In a perfect world we get the FDA hold lifted first, then good arbitration news ..
Learning curve, every time I read your post I come away feeling my IQ just dropped a few points ..
What in gods name are you talking about . Your post in rhyme are cute, but not little kid teddy bear cute. More like awe that kid is eating a crayon and licking the Windows cute ..
Carry on, bc I'm sure you will ...
Play nice kids ..
Kitcat, did you see CVM the morning after the FDA hold, pre market was half a million.. Day traders and MM are playing with this stock like a baby seal in a great whites mouth ..
Thanks JakeJ , that was very informative and makes sense..
Post #9079
The best answer to your question I can find is in the Aug 8k
http://filings.irdirect.net/data/725363/000100487816000475/form8kitem502empagree8-16.txt
Basically from what I can get from it is - they need a certain number of deaths to end the study ( 392 )
People are not dying as quickly as expected and in a effort to end the study sooner then later he bumped up the number of enrolled people but kept the death number the same. Then decided that all he really needed was 6.5% improvement in life expectancy. I can't figure out how you can just change the percentage tward the end of the trail He ASSUMED that the FDA would be ok with it. ( as trump would say " wrong " ) .. Imo he is trying to figure out a way to finish the trial Asap. I could be wrong but it might have backfired in his face .. From what I gathered he submitted the changes to the FDA and did not hear back from them for a certain period of time and again ASSUMED that was a green light to make the changes .. Is this a fatal blow to MK I don't think it is, could it take much longer to finish P3 - most definitely..
Imo, this says one or three things
1) the FDA hold has everything to do with inventiv and the arbitration and they can't talk about it until the arbitration is settled .
2) The FDA hold is bad and they are going to hold out telling us until they get a big arbitration pop so they can sell off at a better price ..
3) the FDA hold is a play out of inventive's playbook and to expose it for what it really is might rub the FDA in the wrong way .
Please note: this is only my opinion, I have no facts or inside info.. I did call CVM a few days ago and they did deliver on what they told me- they would send out a letter to share holders on Friday. Although my 4 yr old could have written a more informative letter ..
No I'm not Geert.. Kind of glad I'm not .. I called my my CVM IR person and this is what he told me.. The second part of my post way some thick satire about Geert.. I don't trust him for a second and feel of the news was really bad he would sit on it until he had good news to put out in front of it . Just my option and take it for face value ..
Figure it out..
Letter to share holders coming out Friday or Monday . They received the letter from the FDA.. I have no idea what it said but I guess we will find out soon enough . IMO, for Geert to draft up a letter and actually inform the share holders of what's going on- it can't be all that bad ..
What does that mean for CVM ? Did they beat them to the punch ?
What's the deal with BMY ? Can someone educate me on what it has to do with CVM ??
One thing I was thinking about, the FDA did not put any of the other trials on hold, just the one in arbitration
The first day of arbitration.. The free fall of this stock is alarming , I just hope it people running scared to early ..
Looks like I'll be eating off the dollar menu this weekend ..
The 50 mil is for what they paid the CRO and they did not deliver . They asked for an additional 70 mil in damages to stock and reputation.. But Gerty does not need a bad CRO to make his reputation go to hell ..
The arbitration is not over.. I understand people's frustration with CVM IR .. But you have to know that inventiv would plaster the news all over the planet if they made Gerty look like a fool .. Like a wise man once said, buy when everyone is fearful, sell when all are feeling good about it .. From what I was told the CRO tried to settle before arbitration but Gerty won't take less then 50 mil .. Bc he needs at least that much to finish P3 ( that's if he did not piss of the FDA to bad )
I called them two weeks ago, Gavin will give you an auto response. " as soon as we have answers we will let investors know " .. We do know that by 10/25/16 they will have had a letter from the FDA. If by the 26th they have said nothing, I would take that as a huge red flag..
The arbitration is still ongoing, This stock is in the grips of the MM .. I think the shorts are trying to start a panic sell off .. Happened two days in a row, today it held up . But yes you are correct this time is not for the faint of heart.. The next press report could send this to 1.00 or .05 .., you need to have some crazy in you to make big returns .. IMO
This pig is going to hell in a hand basket.. Although was down 10% yesterday and recovered . Could be some MM going on here. I'm in big at .47, I hope that Gerty did not mess this up to bad ..
I'm under the impression that if the doctor can get a needle to it , MK can cure it ..
Obviously this is verbatim what CVM IR told me when I inquired about buying stock ..
Well if the drug works as well as they say it does .. You would have a non harmful drug that kills tumors..
The PPS of CVM could go through the roof. the stock has a lot of dilution riding on it so that would need to get bought up also ..
Spot on .
Never said I was any kind of top holder .. When I was looking to buy they made a huge effort to make sure I did.. Take my rant for what it is ..
The IR team for this company is a joke.. They called me daily about buying CVM, talking this stock up like nobody's business... I'm sure this guy on here has some IR guy calling him saying " BIG NEWS NEXT WEEK " man I've been hearing this crap for a year with CVM.. If they don't win the arbitration and get this hold resolved, this will be the longest pump and dump scam I've ever seen .. Geert has no life lines left, its win or liquidation..
I had some jack wagon call me day one of arbitration and tell me " they are in settlement talks already " then he proceded to tell me it's time to load up .. 7 hrs later a clinical hold on the stock and a 40% free fall .. You can't believe a damn thing you hear about this stock unless it's in a 8K .. There are a lot of people very upside down with CVM and will say anything to get it up ...
How low can we go !!!! Maybe this massive hurricane will blow Gerrt away and a real leader will take over ..
Well 1-3 $ is still speculative.. If the PIII Is successful who knows what this thing could do .. Don't be depressed.. It's only money, you can make more ...
In my opinion when looking at the situation the current CRO is the only reputable source that has the data of the trial. So when the one source that can read the data is willing to fork up $12 million to keep the trial going That tells me that the drug is working.. That tells me that the drug is working .. Furthermore and it's kind of a double edge sword but the patients getting the drug are not dying which can only mean one of two things either chemotherapy just became a whole lot better overnight or the drug is working .. There are plenty of shorts out there we're trying to bash this drug hoping CVM will hit zero ..
Jewish new year .. When you have a room full of lawyers , bet your ass most of them are Jewish ..
This thing will hit 3+ if hold and arbitration go in CVM favor ..
I think they are in settlement talks, Don't expect a settlement till after the holiday . I bet they break early today to come back Tuesday to hammer it out ..
Big movers today .. Something is up !
I agree, some can only hope it's the dark before the dawn..
The communications from this company suck. the IR team will talk your ear off when it comes to buying the stock but soon as shit hits the fan you get one word answers ...