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Blue skies would be $160.00 for us old timers. Even $60.00 would be at least partly cloudy skies.That’s how far we have to go to negate the 10-1reverse split.
I agree Micro that the stock didn’t nosedive back to under a dollar. We do have a long way to go but some positive share increase is at least a glimmer of hope.
A lot of us aren’t weren’t penny stock investing when we bought this company with so called patents in their research etc.
The long and winding road.
I am wondering how many companies that did a reverse split actually came back and grew to profitable companies for their share holders? It would be interesting to know.
When you look at the share price of .39 cents a share it’s so unbelievable that I have to do try and not laugh and cry at the same time.
Thanks Phantom It has been some time since I’ve even checked a message board on MRKR share price. Phantoms info and insights are greatly appreciated. Has MRKR gone to pink sheet status? I haven’t gotten any messages on any changes in stock classification since the share price is under one dollar. Even 6 months ago I was totally downhearted watching MRKR sink under $3.00. I definitely feel everyone’s disappointment in a company that seemed to have some kind of momentum after leasing such a large facility. Boy was I wrong.
Just another moonlight mile on down the road down the road yea yea yea yea
That’s real easy for Heidi to say at this point. Is there any point to selling when your in the hole about to have the dirt piled on you. The only way out is up.
Thanks Phantom. I’m just going to hang on and see where this goes. As with any investment there is a ton of risk involved so we’ll just let MRKR play out and see where it takes me.
I would agree there is no use sticking around when the SP is under $2.00. We have all lost money who have been here for years. I guess the most positive thing going is if and that’s a massive If gets approval from the FDA and we make money at this point then we can cash out as a long term capital gain and pay less taxes. The next question will be how high can this stock rise on approval news. Phantom I respect your knowledge and fact base answers about MRKR, what share price do you foresee if this treatment is approved.
Yes marker is leasing the building. If they own the equipment then the owner of the building has the right in Texas to confiscate the equipment and change out the locks if MRKR breaks the lease. I haven’t posted for some time because there is absolutely nothing this company has going for it except the last trial that the 13 million was granted to the other day. If you look at the total amount that was given out for research it was in the billion dollar range. It’s like giving marker 1/2 of a penny out of $100 which is actually pathetic. Very promising 2 yrs ago to now just staying afloat above the quicksand. For all of you who have stuck around all these years it about to crater big time if this on gong trial doesn’t show significant results to get an approval from the FDA. Even if it does I don’t see this stock ever getting back to my break even point of $5.25. Very disappointing after such a promising future.
I can’t get no satisfaction but I try and I try and I try and I try.
You can’t always get what you want but if you try sometime you get what you need.
Ya gotta love Phantom
Dr. Mark Seigel ( that’s a guess on the spelling of his last name) on FOX news last Friday and he was talking about Oxford University new Coveid Vaccine and he said it was very exciting because they were useing T-Cell technology to attack the virus. I have absolutely no idea if there is any connection with MRKR but he even mentioned the name marker T-Cell in explaining how it attacks the virus by energizing your own cells to combat Covid. After listening to him explain the vaccine method of attacking Covid I almost fell off my chair because it sounded exactly what MRKR is doing in its clinical trials. Again I am not linking anything but it was strange to hear a University in England is using t-cells for a Covid vaccine. Did anyone else see this segment? Just a wild theory on my part.
Jeff4iam4 I admire your courage. I could also buy $5,000 more but every time I go to buy the shares I breakout into a cold sweat and my shivering stops me from hitting the last key on my computer to complete the buy.
So Marker Man since MRKR is going to build out 48,000 sg ft by the end of 2020, and fully operational at the end of 2021 does this mean our SP will be like $10-$15.00 and what exactly are they going to manufacture and distribute with a fully operational facility?.
He has already committed and has signed a lease. The building is already built. He is going to build out 48,000 sg ft. MRKR is not going to own the building. The construction is inside an an existing building. He is starting now and his quote was the building will be ready next fall in 2021. What are we all missing. When done if he paid cash to build out and MRKR goes bankrupt MRKR owes nothing on the buildout and walks from the lease. I mistakenly thought MRKR might have a deal in the works etc. There must be 2 to 300 buildings in the area of Houston clustered together that basically all look the same. My guess right now Peter knows MRKR has the patent and the resulting clinical trials will will be significant for the therapy to be approved by the FDA and if he’s right he has the facility in place and ready to meet the demand of production and new testing. If it never gets approval MRKR goes under and all the board members are insulated from personal financial responsibility. Peter maybe doubling down on 11 against a face card and it’s much easier to lose the double down if it’s not your personal money your gambling with. MRKR goes belly up 48,000 sg ft build out doesn’t matter because MRKR can’t pay the rent. Everyone loses their investment in MRKR. Board members financially walk away. The only thing board members lose is their reputation in their field. It happens all the time. If he wins the double down away we go. If he losses it’s over and take your losses and apply them to your next tax filing.
I agree with Atilla I can’t understand without anything in the marketplace to at least drive SP up to commit to such a massive and complicated construction project. The permits and architect fees will be $50,000.00 plus before anything can be touched inside the building. The insurance cost will also be huge. I’m in complete agreement about something that has to drive this project. Again it’s just a guess I don’t know. Like Atilla says I can afford the wait Id have to have my head examined if I bought more now with this news about a 50,000 sq ft. construction project, Peter can’t. He’s responsible for his employees etc. Without any type of news does Peter expect more buying at this SP? I guess that’s the billion dollar question is there a deal or is Peter taking a leap of faith?
Every other company makes news about taking a shit SP goes up 10 points MRKR announces leasing a 50,000 sq ft building and is going to build it out MRKR SP plummets to $2.00 like I said bizzaro world.
MRKR is not thinking they have leased almost 50,000 sq ft. This building is already built and the exterior is complete. Peter said the buildout will start soon and be complete by fall of 2021. The lease is around $500,000 a year and a build out, just the construction part will be minimum of $1,000000.00 at low estimate. Then who knows what the equipment and all the furnishings etc on top of that. I don’t get it. I think I’m happy it’s happening I know the area really well, in fact I worked on these type of buildings at the location MRKR is leasing. Without some type of deal already done how does MRKR have confidence in this financial investment at this time without anything to market to justify this investment. This is a massive undertaking and construction project. Beats the hell out of me with the stock direction MRKR has taken. It’s like the bizarro world from Seinfeld or George Costanza doing everything opposite of what he always did and Boom everything is great.
Well it’s interesting that no one has any comments on MRKR investing 1/2 million a year to lease 48,000 sq ft of office manufacturing and I’d assume research and testing facility just north of Houston very close to the airport. Not Hobby but GW Bush international. I’m just guessing that the build out would be at least one million to one and a half million. Peter said the facility should be completed and staffed etc by fall of 2021. I think that is a reasonable timeline on construction because it’s all under roof so no weather delays etc. Now I need some possible theories as to why MRKR is doing this. As far as I can tell Peter has already acquired the building. I do beleive him because that area of Houston is a massive area with a lot of buildings that size. Halliburton has a massive complex on the south side of Beltway 8 in that section of Houston so the building is most likely complete 100% on the exterior is complete just waiting for the inside construction to begin. Does anyone think they have a deal for a buyout if everything is under one roof. Does MRKR know more about FDA approval and is counting on a massive rise in share price to generate that kind of cash a minimum of 1.5 to 2 million just to get in the building. If anyone has any thoughts on this news it would be great to understand this type of investment without anything to sell at this time. If you were a lender would you lend MRKR 2 million without anything to put up to secure a loan of that size. There has to be a reason to make this move now. I’m grasping at straws as to why.
I lived in Houston and was an electrician. I worked for an electrical contractor in the area that they rented the 48,000 squares. There are a lot of rental buildings off Beltway 8!which is the outer loop of Houston and it’s a tollway. A lot of turnover in those buildings, so I could see wha. thought ere they rented as an area where they could negotiate a really good sq. ft. rental agreement. They most likely rented a whole building that they can reconfigure the build out for exactly their needs. Office space, production facilities etc. I’m sure they have dock space etc. I guess my only question is they made a deal with rent until the building in built out which MRKR should control, but the cost of a buildout of 48,000 squares is massive. Maybe good news because of the finite amount of cash they say they have until the end of 2021. If they weren’t expecting to increase income how could MRKR rent 48,000 squares and build it out, without some type of increase in their ability to create income. Just a thought.
I said these exact same things about the CEO and other non statements after Black Friday last year and was severely trashed on this site by certain frequent well known posters on this site. I wonder if you all will be trashed the same as I was for expressing the exact frustration you have expressed today.
It’s understandable that the pandemic has impacted MRKR as well as every other business. My only question would be as Phantom pointed out is that the cash burn might be significantly lower for 2nd quarter 2020 and ongoing until MRKR can acquire the agents from the vendor that is delayed because of Covid. Taking all this into account the cash burn being lower ongoing until Covid restrictions are lifted will this extend MRKR date of end of 2nd quarter 2021 time line for cash burn. If this is the case then MRKR should have additional time from what the existing cash burn is currently showing?
After being informed that MRKR received Orphan status on one treatment in trial ongoing, the average increase in a stock that received Orphan FDA approval is a gain of 3.66 %. I think the one key advantage of Orphan Status is the FDA gives MRKR the 7 year protection against any generic competition in the marketplace. That is really the most significant protection we can have. Their are other financial openings also.
The old saying is no news is good news doesn’t apply to an investor in a pharma stock. It’s like no news is really bad news especially since Black Friday.
Exactly
Your theory of BB would only lose a certain amount if Marker went bust is actually the reason why they have the amount of capital that they have. They aren’t going to prop up a share price without critical evidence that their investment is sound. It’s a great theory for us that are under water but it’s like saying why doesn’t Bezos cut all of us a check for $500.00 because he has the cash to do it.
I agree that Baker Brothers could raise share price by investing millions more in MRKR. But look at the flip side all of us have been investing in MRKR for the long haul and believe in the science and results that have been published to date. Would you as an investment firm keep piling in money to raise the share price with the lingering question of FDA approval still hanging over our heads. That’s a massive investment without a true indicator that we will get FDA approval even after positive trial results are shown. Look at the backlash the malaria drug had after it was shown in small studies to saved some lives of certain covid infected patients. I wood be very happy if the Baker boys poured millions more into shares that’s for sure and raised the share price so I could at least get even or a little above water. But loading up that many positions without at least some statistical basis for the investment I think would be unwise at this point. Just my opinion.
If you had the positions would you stop making money daily?
In the words of a submarine captain we are down bubble at about 25% and slowly adding a % every day until we surpass the crush depth threshold. After that MRKR will implode with our captain Peter saying out loud where did it all go wrong.
The slow but very painful descent into pink sheet territory has been happening since Black Friday. After MRKR goes to pink sheet territory the inevitable reverse split will happen at some point. Buying more to bring your get even price down on this stock is like saying give me a double dose of medicine so I can get better faster. The science was great but obviously no one in the industry thinks the science has advanced enough to prove to be a worthwhile treatment at this point. The key factor was the merger with Baylor which gave the boost that this therapy was worth investing in. I’m done criticizing the management team they really can’t do anything to help float this severely wounded ship as it slowly is sinking toward a watery grave.
Everyone should be really happy today. Saw an article today that said even though MRKR is down 40% the share price is still in positive territory from 5 yrs ago. My spirits have been lifted. I’m sure Peter is feeling the same positive feelings everyone is.
Actually I wanted to let Phantom Lord and Antimarv that on Friday I made more money on Apple in one day than what I’m under water with MRKR. So I can assure you I was smart enough to buy Apple so your statement about me not being able to handle the SP of MRKR as I was trashing the CEO of MRKR is laughable. So someone said there is nothing the management team can do and I’m pretty stupid to think they can then why even have a management team. I wasn’t to dumb to buy into Apple at $70.00 a share so MRKR is actually chump change for me.
Actually I’ve done a lot of homework on MRKR and that’s the point. You won’t here from me I’ll just read your expert opinion on how the trials are going. One thing I’m not is stupid because I’m not freaking out or even concerned about my losses because MRKR only represents about 1.5 % of my portfolio so that assumption you made about me is laughable. Bye bye
Ok then tell me what a company does by reverse splitting their stock. What’s the advantage. Can you tell me what sense it makes for this stock with all the positive things about the science and your forecast that MRKR won’t be delisted. Is there anything of consequence that anyone can give me that the management team has done the last 6 months to increase the stock price. I’m sure you looked at today’s close and after absorbing where this stock has gone the last couple of months and you say I make no sense. You might be right that I make no sense but then gimme some shelter or I’m going to fade away.. I am looking forward to someone to take the whole picture of this stock and tell me I’d be a fool if I didn’t buy more and the reasons everyone should buy more. I value everyone’s opinion so bring it on especially how the management team has done a great service to all of us investors in last 6 months.
Jeff4iam4. Ok I get your point about issuing more shares but the reality is where we are right now. No one on this message board right now is very confident this present management team has the ability to turn this around at this point. Dropping the pancreatic trial was a dagger to the heart of shareholders and I’m hoping none of the management team who new about the closing of the trial didn’t short it big time. It’s easy to do with someone you know not connected in any way with MRKR. Back to the big picture so our cash burn looks like a 1 to 2 yr bank so if this stock goes to pink sheet status and issues more shares it’s the same as doing a reverse split. If that happens then from looking at companies who do reverse splits the game is over and we can start getting updates from the penny hoarder. I like everyone else is in for making money and the benefit of the science that could be a significant help to patients with cancer. My take is and I’m not predicting the stock will go this way but if it keeps tanking into the pink sheet territory and raising money with reverse splits etc. is a disaster. I’m not blaming the science I’m putting the blame directly on the management team. They can’t really stand in front of us and speak about the upside of the science without being laughed at right now. Peter should resign and let’s get someone in his position experienced in turning this disaster around before the word pink is associated with MRKR.
lumpy9200 I agree with your philosophy of buying as much as you can at the low share price. Here is the problem. You said you don’t care if it takes 3 yrs well I hate to tell you the burn rate at MRKR is the end of the year 2020 one year from now. So you can do what you want but if MRKR doesn’t get bought out or if no approvals to go to market by then this company could potentially go bust. It will definitely go to pink sheet area before the bust but it is a possibility.