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Is there any truth to the WH meeting with KB ?
But if the test kit is approved by FDA and DECN subsequently returns to the Pinks I imagine KB will feel and appear to be rather exonerated, wouldn't you say?
Waiting for full exoneration of KB and DECN at $1 for starters
DECN will be returned to original trading status if the test works as stated.
Wont be on the greys if their technology cleared and the company is vindicated.
Stonewalling DECN helps Jerry's brother,assuming Jerry works at the SEC and his brother's company is hurriedly developing a competitive technology to DECN's Swift Test.
I think that's why we're waiting for FDA. They cant sell 'em yet.
Read the link
Compliments of Blullish:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155237615
You raise an interesting scenario:A group of traders came to DECN and put in thousands of meaningless trades to create the look of a rally and then suddenly reversed and quickly dumped 15 million in 4 seconds to give the appearance of a Boiler Room operation/ panic sell to rouse the SEC guys outta their chairs.
Somehow I knew that you would know that.
"Pro" trades (ie brokers,traders) can be buried if traded "in-house"
Agreed! Well deserved Member Mark for you!
If you must sell on the greys put your shares up at $8.
I didnt say that- you just added to my quote.
smh
but Jelly, if the FDA ruling comes out positive KB is gonna go running to the SEC office and pound on the table hollering "Reinstate the trading, gawl-durnitt! " and DECN will be back where it was to begin with, but trading in the dollar per share range.
Any longs should give serious thought before listening to the "fear" here that "If DECN comes back on the Grays you better sell for whatever you can get." etc
I wont sell one share until we've returned to Bulletin Board at least.
Not getting my shares under this ruse.
If the Wuhan/COVIID tests do what KB says then this is a $10 per share company.
They are saying that there are 30 different strains of Wuhan/COVIID now, so expect a demand for tests for quite a while.
Price volatility caught their eye.
It will be easy to backtrack the 15,000,000 share dump to the accountholders that dumped it.
The dump hit the tape before most of us were even halfway thru reading the PR.
If DECN's tests can really perform as stated then DECN may have been a gamechanger.
Theat may have alarmed a few people, who then pulled certain levers to get DECN suspended from trading.
The trading ban might even buy competitors some more R&D time.
How many shareholders give up their shares for a pittance while this gets worked out?
What a mess.
smh
it might get reinstated, trading over $1. Depends on the findings of the FDA.
The SEC might have yanked this one by mistake.
After 2 weeks of pent up anticipation, with a solid PR regarding the FDA and this could really go nuts.
Maybe a few days of 75-100 million dollars in volume.
I think it was $36 million in trades on Thursday.
Imagine if the results are solid,DECN gets reinstated and the pre-open Bid is $1.
Boom -The man is true to his word!
It's an interesting PR.
Almost seems like somebody is trying to stave this company off.
If their tests are solid and pass muster at the FDA the SEC is going to be in a sticky situation.
Hopefully KB brought his pocket recording device to the meetings.
Thank you Longtrailer!
Member Marked you already.
Anybody recall the post "Update Sunday Evening" or whatever?
The longer the wait the worse it looks, really.
Why not drop a statement on Friday?
Starting to remind me of the deafening silence after the Mount Gox debacle.
Maybe the Bears are right this time.
It's 10:30 PM in New York City.
tic tock.
The 525 million unit projection could have caused legit concern- its the only thing save the volatility that could have flagged it.
just my humble 2 cents.
or even a NSS? (Naked Short Sale)
There is BIG BIG money up for grabs with the Wuhan/COVIID test kits!
It's a race to the pot of gold.
Sadly ethics and principles get trodden under during the race sometimes.
Decision Diagnostics has effectively been "put on ice" giving other companies an unfair advantage, provided the tests work as stated and FDA gives them a Thumbs Up.
If the FDA greenlights DECN the SEC should immediately let DECN trade again.
Enough of this nonsense.
smh
This is looking more and more bizarre...
Could it be that interesting points regarding our HALT have been inadvertently released by members of our DECN community who happen to be SEC employees ?
This sounds really illegal.
And not outside the realm of possibility.
Thats right! They just halted it. Nothing could have stopped them.Imagine if a guy who owned a Specialty Jam factory who wanted to go public but there was already a publicly traded Specialty Jam company trading on the pinks and his brother works at the SEC.... solution: Suspend the existing one just because(!) Welcome to 1939 Germany...
Imagine the frustration if the FDA results are stellar but there is still this "HALT" in effect.
It will look like the SEC jumped the gun.
If group has shorted DECN and is colluding with a friend working in Market Surveillance at the SEC I wonder if that is a chargeable offense?
Majority shareholders fare far better given shares of profitable companies than simply enjoying the net profits of those companies alone.
cover 47 million shares sold short? If the FDA clearance comes out first DECN will be trading above a dollar within two hours of reinstatement, not taking into account the shortseller dilemma . That would cause a bad short squeeze- real bad.
I wonder if a Short Group was getting nervous as the s/p was ripping along nicely- At the rate the stock was trading at we would have probably seen it trading above one dollar before the end of next week.
?
Some of the tests (the nasal swab ones) imported from China, were somehow infected with COVID and were sent back to China.
? How do you buy stocks "short"?
Why would a complaint come from a DECN shareholder, since it was hitting new highs?
"Hello SEC Investigations, my name is Herbert and I live in West Virginia- I bought some DECN four days ago at .16
and it's already at .475, Gald-ernett !"
"I demand an explanation"!!
The only trader who would be agitated would be a short seller.
Okay, that makes four now that we know of, so it's not outside the realm of possibility that Decision Diagnostics has one as well.
I read that we have 47 mill short position built up over the last two days of trading.