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Follow the bouncing ball, beat up, shorted, squeezed, shorted and sold...what's next? BIVI
Brave soul...I wouldn't sell till maybe after the conference March 8-9...maybe the 7th...this stock is wound up pretty tight...seems to have lots more upside than down side...
BIVI seems like a good buy after that sharp drop! I've watched this stock do the same before. After news a huge drop, then a big run! Is there a good reason not to buy BIVI below $2?
https://finance.yahoo.com/news/biovie-bivi-falls-61-despite-152000388.html
BioVie (BIVI) Falls 61% Despite Upbeat Alzheimer's Study Data
Steve Booyens
November 19, 2023
Penny stocks are listed equities with prices below $5 per share or market capitalizations lower than $300 million. They are highly volatile, thinly traded, not very transparent and often poorly governed. Nevertheless, they can provide investors with scintillating returns as most penny stocks to buy are secured by early-stage growth companies. Moreover, penny stocks are under the radar, meaning they can be “smart money stage” investments at times.
I dialed in on the market and discovered three best-in-class penny stocks to buy that may surge in due course. Let’s get stuck into a discussion about each!
Taseko Mines (TGB)
Piece of copper set against black background
Piece of copper set against black background
Source: Coldmoon Photoproject/Shutterstock.com
Taseko Mines (NYSEMKT:TGB) is a Canadian open-pit copper miner. The firm’s flagship assets are the Yellowhead and Gibraltar mines. In addition, Taseko Mines is on the cusp of expansion as it is in the planning phase for three additional mines, namely Harmony, Aley and Prosperity.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Although a risky bet, Taseko’s CapEx roadmap suggests significant value-additivity is in store. Its latest geophysical study showed that its proven and probable reserves total a whopping 2,728 million metric tonnes. Moreover, Taseko runs low-cost open-cast operations. As such, its operating profit margin of 27.26% comes as no surprise.
Taseko released its third-quarter earnings report at the turn of the month. The firm delivered 143.84 CAD in quarterly revenue, amounting to a 60.3% year-over-year increase. In addition, Taseko experienced a 17% decrease in operating costs, concurrently delivering welcoming residual value to shareholders.
I think Taseko stock is a good buy. Its price-to-book ratio of 1.26x is a tad higher than most investors would like to see. However, we could see enhanced book value in 2024 if further reductions in Taseko’s cost base occur.
https://finance.yahoo.com/news/3-penny-stocks-could-soar-155515989.html
Buy some soon...I think the top is going to pop of of SCLX
If you type something in all caps is it supposed to be more believable?
You call this a sell off?
S&P 500
4,060.85
-29.90(-0.73%)
lol, yeah that was kinda funny...he's a pretty quick, clear thinker...
Why hilarious?...seems pretty spot on to me... :)
Sorrento Therapeutics, Inc. (OTC: SRNEQ, "Sorrento"), a biopharmaceutical company dedicated to the development of life-saving therapeutics to treat cancer, intractable pain, and infectious disease, today announced that, in connection with its ongoing chapter 11 case, the U.S. Bankruptcy Court for the Southern District of Texas entered an order extending the expiration of the restrictions on transfer on the Distributed Stock from May 11, 2023 to September 1, 2023 (or an otherwise earlier date to be determined, as set forth in the order).
https://www.globenewswire.com/news-release/2023/04/25/2654582/0/en/Scilex-Holding-Company-Announces-that-its-Majority-Stockholder-Sorrento-Therapeutics-Inc-has-Issued-a-Notice-that-Sorrento-s-Bankruptcy-Court-has-Extended-the-Lockup-Period-on-Shar.html
Scilex Holding Shares Tumble Amid Public-Offering Plans
11:59 am ET April 24, 2023 (Dow Jones) Print
By Colin Kellaher
Shares of Scilex Holding Co. fell more than 30% on Monday after the pain-management company said it planned to raise $300 million in a public stock offering.
Scilex shares, which had surged since its majority owner, Sorrento Therapeutics Inc., filed for chapter 11 bankruptcy in February, were recently changing hands at $7.06, down more than 31%.
The Palo Alto, Calif., company, which currently has about 145.8 million shares outstanding, said in a filing with the Securities and Exchange Commission that it plans to use the offering's proceeds for working capital and general corporate purposes, adding that it hasn't designated any specific uses for the funds.
The Wall Street Journal reported earlier this month that Scilex was exploring a sale of new stock to take advantage of the share-price rally.
Yeah, mine are still locked up with TDAmeritrade....I'm not sure that some brokers have not already released them for some people...
Just a guess, because I would have sold at $15 as well....
My guess is that some of the brokerages have unlocked the dividend shares and people are selling them...
If the do 1 and 3....2 should not be needed....the equity offerings are what kill the stock price.
1. it will not conduct any new equity offerings, public or private;
2. it will not conduct any reverse stock splits, except to the extent its Board of Directors deems advisable for the sole purpose of remaining compliant with Nasdaq continued listing requirements;
3.it will not pay any bonuses to its executive management; and
neither the CEO nor his affiliates will sell any common shares.
TOPS = possible bungie ride ahead :)
Thank you sir for the lookie see! Got any little gems out there...?
Hey there...hope all is well...someday for HPQFF....but, another one I've had for a few years is SIPN....what do you intuitive chart interpretations reveal about SIPN?...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170422708
I've been holding this one for years!...because of the share structure and possibilities...hopefully, something is brewing....bumped into resistance...but, hopefully that will soon be in the rear view mirror!!...Cheers!
In SRNE now at 1.93 16% short, drugs in the pipeline...it'll squeeze pretty easy
Looks like that great news piece woke up all the greedy shorts...lol Hang on boys, gonna be a fun ride...
I've been reading this thread for years and enjoy it...My wife is immune compromised in the ICU with Covid complications in pretty rough shape...need more prayers...she is a wonderful human being and the world is a better place with her in it...
Thank You
The question was WHY?
Short sellers are very active...lol One could argue they are getting nervous. This rocket ride is going to be fun!
Spy already hit 421 early last week...too many bears....correction is over imho
We are nowhere near 'skyrocketing rates'. The 1/4 point here or there is nothing. The market will explode higher before they make any significant rate increases. Do you remember the "irrational exuberance" days?
"Fed Chair Alan Greenspan warned the markets about their irrational exuberance on December 5, 1996."
Markets went up for years after that until 99/2000ish
Markets are going much higher before the Feds have the will to make significant rate increases.
All that bad news and this is all the bears got? ...and there's sooo many of them...
Looks like we'll be heading higher
Really appreciate your charts!!
If the retrofit and function of these torches is all its supposed to be, this stock will soon start the climb to much higher levels.
Looks like they are trying to higher a lot of people...
https://www.pyrogenesis.com/careers/
The shorts have caused much damage to the share price...hopefully they become buyers soon.
LOL, the lizards are getting restless. I can't understand why there would be so mush interest in pushing shares lower.
New Purchases: DFAX, DFIV, IAUM, SRNE, PTY, CEMB, CADE, CADE, VFH, VGT, VYM, PTNQ, PTLC, AI, IWR, TNA, TQQQ, DRIV, VBK, COPX, VSCO, ABNB, DNB, TXG, ALLO, VST, VMW, AVAV, NOV, LVS, ENDP, ESE, DBD, CSGP, CP, ANIP,
https://finance.yahoo.com/news/versant-capital-management-inc-buys-223804114.html
Warrants already expired...
"Under the Warrant Indenture, the Company has the right to accelerate the expiry date of the Warrants to the date that is 30 days after delivery of a notice (the “Acceleration Notice”) to the holders of Warrants and the Warrant Agent confirming that the volume weighted average trading price of the Company’s common shares on the Toronto Stock Exchange is greater than $6.75 for 20 consecutive trading days (the “VWAP Requirement”). The VWAP Requirement was met as of close of business March 10, 2021. The Warrants will now expire at 5:00 p.m. (Toronto time) on April 14, 2021 (the “New Expiry Date”). Warrants that have not been exercised prior to the New Expiry Date will expire unexercised and will automatically be void and of no effect whatsoever. The Company has delivered the Acceleration Notice as required by the Warrant Indenture.
Each Warrant entitles the holder thereof to purchase one additional common share of the Company at an exercise price of $4.50 prior to the New Expiry Date. If all the Warrants were exercised as of the date hereof, the gross proceeds to the Company would be approximately $5.2 million. As of the date hereof, assuming all the Warrants were exercised, the Company’s cash on hand would be approximately $33.5 million.
For further clarification, 1,677,275 Warrants were issued on December 10, 2020. Since that time, 520,472 Warrants were exercised, leaving a balance of 1,156,803 Warrants outstanding as of today."
https://www.globenewswire.com/en/news-release/2021/03/15/2193219/0/en/PyroGenesis-Announces-Acceleration-of-Warrant-Expiry-Date-Representing-5-2-million-in-Total-Potential-Cash-Proceeds.html
Yep
What's Going On With PyroGenesis Canada Shares Today?
2:17 pm ET December 27, 2021 (Benzinga) Print
PyroGenesis Canada Inc (NASDAQ: PYR) is soaring Monday on abnormally-high volume.
PyroGenesis Canada's average session volume is about 176,000 over a 100-day period, according to data from Benzinga Pro. Monday's trading volume has already exceeded 47 million at publication time.
The stock was halted for volatility about an hour after the market opened for trading Monday.
May have been halted?
10:36 am ET
*PyroGenesis Canada Shares Resume Trade(Benzinga)
26 million shares already traded? Over $100 milion dollars...something's cookin...
Wow, the shorts are working overtime!! It is not a good time to be short MNXXF. They just had a successful Graphano spin out and price of both are firming up.
Anyone shorting this stock is risking their own financial future!
Hi I have 4 different accounts (family) with TDAmeritrade. Had shares since April (but PR says August?) In all of the accounts I only got 1 share for every 52 of MNXXF. So, something is not right. Only thing showing up in my 'Positions' tab is 'GEL CN' and no symbol information other than price of .3627
Here is clip from PR:
"Holders of record of Manganese X common shares ("Manganese X Shares") as of August 24, 2021 (the "Record Date") will receive one share of Graphano for every eight shares of Manganese X held on the Record Date. The Graphano Shares have a deemed price of $0.05 per Graphano Shares, resulting in a deemed distribution of $0.00625 per Manganese X Share."
_________
Looks like based on the PR graphano was priced at .05 and ironically .3627/.05 = 7.254, When I divide 52 by 7.254 I about 7.2
So, based on the differences in PR price and price listed in account it is about a 1 for 7.2 split.
Not sure if that's what is going on or not....but seems to add up.
Not able to buy or sell GEL CN in my account though.
Here it is on a Canadian exchange (chart actually looks pretty good). Shows as a higher price because of US/Canadian exchange rate. GEL hasn't traded at .05 so I think all of the above has something to do with it...
Always impressed with your ability to read the markets. Do you have a way to differentiate between accumulation and distribution?
I owned this back around .20 and sold for a loss around .12 because things didn't seem right...
I still keep an eye on it, but it has been never ending dumping...nothing but a scam...
TDAmeritrade-got my GEL CN shares todat....kewl
Buying some more MNXXF....this one should be a winner!