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@youwish1, it's because pura is a classic, pump and dump scam.
My average PPS is .12, pura sucks and I never should have gotten in.
Yes, Speed of Light, endless dilution and a reverse split, followed by a reverse split, followed by bankruptcy.
Agreed and hopefully $5 is the new floor and then $6, then $7 and then $222.
One has a greater chance of winning the lottery than with anything positive ever happening with OVIT.
It wants to break $5, but resistance is stopping it.
Taurus69 was right all along, fair market value is .003 and POTN could go much lower and out of business.
Sorry, wrong message board.
North40000, I was asking about ACAD/Nuplazid, not Vascepa. I thought this was the ACAD message board.
How do you know Harry Crumb?
Taurus69 was right all along, fair market value is .003 and POTN could go much lower and out of business.
Thanks for the reply. I watched the videos and it would be great if you could summarize the answer. Are you also saying to invest in Amarin?
Amazing how much POTN has going against it, I'm not going to list it all.
Basically, it's legal to grow hemp, but not legal to sell CDB, due to the crazy FDA, which needs to clarify regulations, but will probably go against CBD products.
I'd say we're at the point of crashing, burning and bankruptcy.
Clearly, the FDA hates CBD and will no longer allow it to be sold in products:
https://www.marketwatch.com/story/cbd-has-the-potential-to-harm-you-fda-warns-consumers-2019-11-25
Get ready to lose every invested penny.
Hi Harry, I was wondering if you could give me your thoughts regarding these issues?
I remember a few years ago when Hillary was running, she made one tweet about lowering drugs costs by going after big pharma and that sector took an immediate hit for a while.
I think everyone can agree that drugs prices are to high.
I think everyone can agree that we want to make big profits in pharma, though.
Now, Trump is talking about lowering prices.
Pharma has big ups and downs, based on the FDA and it costs a lot to bring a drug to market.
How will lowering the costs of drugs, screw over our profits? Especially, considering Trump/congress/whoever, still probably won't fix the entire problem of the high cost of bringing drugs to market.
I know we want a pharma profit here, but we also don't want high drug prices, if we or family or friends need meds.
Is the profit going to be taken out of pharma?
How can the high cost of bringing drugs to market still generate a profit for investors, when the drugs might be sold for less, that would mean a lower profit for all, right?
I have now lost 94.72% of my original investment, due to INNVs failed business model and reverse split. After the reverse split, my average price per share is $22.42. For my, INNV has went from $22.42 per share, down to $1.19 per share and Dr.Damaj won an award for best business man. It's amazing, how Batermere and Honeycomb have disappeared after so much pumping.
Ya, I understand your point.
I was going to sell LPCN on the ride up hype to FDA approval, before the FDA ruling, but did not sell and now I'm way underwater.
Sometimes, small biotech stocks actually go down after FDA approval, because they don't have enough money for productions, marketing and sales, especially when they are not willing to partner or sell...
In which case, they do a dismal secondary offering and/or a drastic reverse split.
I realize, that there are true biotech-expert investors and excellent resources/books, that cover a lot more detail.
I just wanted to make a point or two.
In general, small bio’s cause huge losses, 93.25% of them never get an FDA approved drug and they are riddled with pumps, dumps, secondary offerings and of course reverse splits.
I realize that INNV is not a biotech in the true sense of the word, it's more so a nutracutical, snake oil company.
In general, little bio’s cause huge losses, 93.25% of them never get an approved drug and they are riddled with pumps, dumps, secondary offerings and of course reverse splits.
I'm not saying that this applies to LPCN, but it's interesting nonetheless...
In general, little bio’s cause huge losses, 93.25% of them never get an approved drug and they are riddled with pumps, dumps, secondary offerings and of course reverse splits.
Isaac Newton - "What goes up must come down."
Do'h! The balloon has deflated!
Oops, almost back down to the pre-split share price!
Then, wash, rinse and repeat!
We're looking at another drastic and premature reverse split, or merger with another failure of a company, or file for bankruptcy.
All of which essentially mean the same thing, with the end result being bankruptcy, it's just a matter of what gets us there first!
All you guys hoped for Fluticare, well it's here but it's not here, sold one lot, then don't have enough money for a second lot, because Dr.D needs his 8 million, plus he got sued for 5 million.
If it looks like a turd, smells like a turd and squishes like a turd, it's Dr.Damaj.
Oh wait, let's nominate him for CEO of the year again, just because of his race!
Here are some doubtful long shots...
Q1. Will the buyer beware symbol ever be removed?
A1. No.
Q2. Will Vacaro and the others be found guilty>
A2. Probably found not guilty.
Q3. Will Vacaro's share be disgorged, returned to POTN and be retired?
A3. No.
Q4. Will the FDA ever rule definitively on MJ and CBD?
A4. I think no, or that a ruling would go against the sector.
Q5. Will POTN ever renegotiate the 3 million shares that convert at .003?
A5. No..
Q6. Would any large company want to buy out POTN, when it's just a drop shipper.
A6. No.
Is it time to bale out and get back in lower then? Or are you a long? With a name like TrendTrade, I'm assuming you are taking a profit now?
Whats the stock market schedule for this week? Is it only closed on Thanksgiving day?
If ATRS could break $5, there probably wouldn't be much resistance for a while and no I'm not looking at a chart at the moment.
I think a privately traded company, like OVIT can stay dormant indefinitely, without a custodianship hearing and if that's required, it's probably already take place multiple times throughout they year, meaning the CEO states "Yep, I'm still the CEO and yep, we're still dormant."
It's a bust, stick a fork in it we're done, POTN and our money is gone :(
Ok thanks, I like your line of thought. Obviously, you've seen some other class-action lawsuits play out.
My thought is, late next year, Lipocine will be more successful with no reverse splits and a higher share price, maybe a partner and a buy out.
What's your take on the 3rd CRL, can Tlando meet the criteria and get approval?
Harry, that's good news. Obviously, I don't have any inside information, but with Acadia hiring more sales people, that sort of shows to me, that they don't want to be bought out.
I know that a buy out could mean a quicker profit for investors and that if Acadia went it alone, that eventually the share price would probably be above $75, without a split, meaning more of a profit for investors.
Do you have any thoughts on this?
You're typically a man of few words, but you sure know how to make a profit.
Thank you.
Thanks for the clarity, so if you don't pay attorney fees to defend, you don't lose? That sounds weird but good.
Hopefully, there will be know class action judgements that make it to court or settle in court.
Hopefully, no one lost their life savings and hopefully, Lipocine can recover and succeed soon.
If anyone has to be sued, I would prefer it to be that FDA that gets sued.
What's your take on the 3rd CRL, with only 1 item left, or is it 1 newly created/bogus item?
Did Lipocine drop the ball, or is the FDA biased against Lipocine for some reason?
With all of the class action lawsuits against Lipocine, I doubt they have the money to defend themselves in court to avoid paying judgements, but if they don't pay to defend the lawsuits, they would automatically lose. It's either pay to defend and win, pay to defend and lose, or not pay to defend and lose.
Wouldn't it truly be a better world if the class actions lawsuits sued the FDA, rather than Lipocine? Wouldn't that seem more legitimate an fair? This is yet another example of how backward the world is.
Great volume today...NOT!
Hi, I have a few questions and comments.
Based on reading positive articles about Antares, it appears that Antares will be successful for years, due to their current drugs and future FDA approvals.
However, I can't make a prediction and I'm not sure that I've done enough DD.
I like the drugs, the pipeline and the recent events. I like the fact that institutional investors own about 39% of the stock. I don't see any reverse split or stock offerings happening.
It looks like Teva could be going put of business, due to high debt and being sued for opioid addiction. Antares has 2 Teva drugs, pinephrine and Teriparatide.
Q1. If Teva goes out of business, what does that mean for Antares selling Epinephrine and Teriparatide? How does the sales/profit structure work?
Q2. Antares makes the auto-injector, drug delivery mechanism, but not the drug itself, correct?
Q3.What about future lawsuits from Lipocine regarding Xyosted? Are you guys concerned about that, at all?
I'm tempted to make an Antares investment.
Does anyone have any thoughts or comments?
Thank you.
No one will buy the shares, unless Dr.D pays investors for buying new shares.
Do not be surprised, if INNV files for bankruptcy in December 2019. Also, even if the merger occurs, it's still a bad deal.
Honeycomb, what's the latest? Where have you been? Do you still have any Innovus/Infamous shares?
Bate, where have you been? Did you sell all of your Innovus shares? What's the latest?
Naw, they are just one quarter away from profitability As Dr.D has always stated...
When Dr.D talks about "profitability" he means, that he's the only one who's making the profits!