Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm one of the many scammed by this company and holding worthless shares - i cannot believe you (despite all the sound DD etc.) actually believe recovery will ever happen - this is sunk for good and for ever - a company reported to be this big and profitable DO NOT manage a crisis the way they have... JMO and hope i am wrong but if a true recovery was in the cards, those in the know would be buying/manipulating the stock accordingly.
I look at this like I got completely and utterly defrauded of my hard earned money and still cannot fully figure out how it all transpired...
will this POS ever recover?
means nothing, this POS scam is never to recover and I only hope the culprits of fraud get their due...
So, these 4 funds together own nearly 75% (73.24% to be exact) of the O/S:
Goldman Sachs Group Inc 4,459,832 0.00% 33.34%
Susquehanna International Group, LLP 1,484,437 0.00% 11.10%
Blackrock Institutional Trust Company 1,930,003 0.00% 14.43%
Vanguard Group Inc 1,939,431 0.00% 14.50%
I hope they initiate a squeeze or something exciting...
Apparently Goldman Sachs owns about 1/3 of this company's O/S - let's hope they know something...
still down pre-split... nice action today though.
There's no lawsuit, this scam is done, over and finished...
As predicted, POS can't hold its gains...
Stock still down by over 25% pre-split... they need to do something massive to recover properly. I'll be amazed if it holds gains tomorrow.
yeah, but one thing CLSN excels at is the reduction in its share price day after day - stock is still about 30% down pre-split - they need to pull a rabbit out soon to stop the incessant bleeding. I will be amazed if it holds gains.
IMO, R/S is almost inevitable if they want to stay listed... I see next to no chance to see a buck here in the next few months. Glad I never took a dip - no volume or momentum to speak. Of course, I could be very wrong and do hope it turns out for longs but nthing attracts me to take a position here unless we dip into the low .50's, high .40s...
talk about wild dreams that are beyond the realm of the possible...
There's nothing to tour - I cannot believe you actually think there's still a company here - the game is beyond over.
Celsion (CLSN) is an innovative oncology drug development company focused on the development of treatments for those suffering with difficult to treat forms of cancer. This stock closed up 4.1% to $1.25 in Thursday's trading session.
Thursday's Range: $1.17-$1.28
52-Week Range: $0.75-$9.44
Thursday's Volume: 2.97 million
Three-Month Average Volume: 1.93 million
From a technical perspective, CLSN spiked higher here right off its 50-day moving average of $1.20 with heavy upside volume. This move is quickly pushing shares of CLSN within range of triggering a major breakout trade. That trade will hit if CLSN manages to take out Thursday's high of $1.28 and then once it clears some key resistance levels at $1.47 to $1.55 with high volume.
Traders should now look for long-biased trades in CLSN as long as it's trending above some near-term support at $1.15 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.93 million shares. If that breakout triggers soon, then CLSN will set up to re-test or possibly take out its next major overhead resistance levels at $2 to $2.10.
what about the bogus seeming PRs on a constant basis, company dropping of lawsuit, exposure by China TV, resignation of Auditors etc.
The only one thing I still have no idea about (no-one has settled this yet) is how did the company/officers etc. profit from the scam? They were not selling shares or any such thing - ideas anyone?
All nonsense - they were exposed as a complete fraud and the $13 trade was obviously a mistake - it was likely someone buying/selling for 13 cents and hit the wrong button - IMO it will be changed.
CLSN "Equity Summary Score" from Fidelity 9/13/13
9.6 out of 10 (Very Bullish)
Columbine Capital (Favorable)
GMI (Outerperform)
Thomson Reuters (Hold)
Zacks (Hold)
First Call Consensus (Strong Buy)
No sells for CLSN on Fidelity Analyst Opinion page for CLSN.
FWIW I asked the company directly about a RS and was told there were no plans to do so but they needed to have the ability if the share price dropped and delisting became an issue. Time will tell.
I have been tempted to take a position in COOL for some time but am beginning to doubt they can almost double their stock price in 6 months.... delisting is a real possibility, and they will RS before letting that happen which would be catastrophic - hopefully i am wrong. Still watching and wondering - best news IMO is investment by Goldfinger.
Professor Riccardo A. Lencioni commented, "After reviewing the complete and subgroup analysis of the Phase III HEAT Study as well as the recently completed porcine study, I am convinced ThermoDox® demonstrates clinical activity in a highly responsive population of single lesion patients. The duration of heat from the RFA procedure is an important factor in a successful clinical outcome when combined with ThermoDox® as demonstrated by the growing body of clinical and non-clinical data generated by the Company. These findings build a solid scientific foundation of understanding that increased perfusion and longer heating duration are key factors for ensuring that the heat-sensitive liposomes are activated to deposit high concentrations of doxorubicin in the tumor and the surrounding liver tissue."
How about they sell the company (or majority of it) to Hisun...
There's plenty to look forward to - acquisition, strategic relationships, on-going Hisun collaboration etc. This is not years away IMO - more going on here than you give credit for I think, but you likely sold so each to their own but I see big gains which still might take some time but as of today they have plenty of cash and potential (JMO).
as expected, new hit piece by SA... yawn.
Here's what i like from today's PR:
"The data from these two Phase I studies provides strong evidence of ThermoDox's broad potential clinical value across different cancers, including the ability to provide a new tool against aggressive, superficial tumors. We look forward to rapidly recruiting patients for the Phase 2 portion of the DIGNITY Study."
Thanks - where can I see that?
what do you mean?
Nice close, held up with good volume all day. Hoping this marks a long-awaited turn-around and patience may in fact finally pay off.
Indeed - this seems like institution(s) taking a position...patiently waiting.
finally a little action around here - nice volume so far... hoping we hold up. glta.
Nice bump on low volume buying - way oversold.
plenty in store for this company - those who write them off are dead wrong IMO.
Re: acquisition (from the call today):
The goal of this important initiative is to identify complementary products or technologies that will help the company grow, mitigate risk associated with single product technology, and create greater value for our shareholders.
We have found that this is a target reach environment for M&A particularly for private mid-stage opportunities. Our review so far has been comprehensive, international, and private and public companies, and cautiously optimistic we will find an accretive deal to announce in the relative near-term.
Reality (IMO) is the company seems to be doing absolutely everything it can to be successful and the fact that the stock trades in the opposite direction is both perplexing, frustrating and not the fault of the company, so for short term traders hoping for a quick flip at $2 or so, it appears virtually impossible, but lots of swing trading for those that choose to... For me, the results and CC affirm the company will almost undoubtedly be successful and have everything in place to do so, but likely it will take time and will require a major milestone (acquisition, more from Hisun, FDA talks, on-going positive data etc.) to really move this stock in the dollar(S) range where it likely belongs. GLTA.
getting crushed into the close - another bear raid - my oh my...
Nope, they appear most focused on Thermodox, and successfully implementing the re-structuring of the company which has been accomplished very swiftly and effectively - the coming year will be the time to execute and they seem poised for success and I also think more details about Hisun relationship will emerge. Acquisition update should be provided by end of 2013 IMO.
Completely positive in every single regard - very upbeat at every turn with reiteration of how strongly the company is positioned etc. There was not one single element that was negative (IMO) in any way shape or form - that's why I am so perplexed by the reaction. They need an acquisition big time...
i was on the call.