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true-- :)
This is confusing...you post DD which seems like you are long term holder. Then you post you are pushing the stock up....(?)
Just trying to understand ......
I think 0.48 cents; dollar next week if momentum holds up! I'm holding for at least another 2 years.....sell cheap folks! I'll take more shares under quarter land:)
Who's the connection?
I've been in this for almost 2 years- not super active on boards...mostly a long term investor. Believe in the company and have done my DD.
Market is blowing up today.
When do you all realistically think this will hit .50, .75, then $1?
I'm thinking $1 by this summer at the latest.....anyone?
I agree.
I'm looking at 5G, AI, and Quantum too. I'm liking NOK for 5G long play.
Also looking at SNPW but still doing research on that one.
FCEL is a good buy under $1 for investors. I think it had been a pump and dump for awhile, esp during recent interim when people who do not do proper research didn't know what to think about the company overall. Company does have debt, but restructuring is there and the product has value. In the last few months they have made sound decisions to get back on solid ground. Traders and investors will both be able to profit off of this one- in my opinion:)
GLTA:)
Net losses...increased
Operating expenses....increased
Cash/equivalents....decreased by almost half.
Offering closed and raised ~ 18 M.
At least North American sales were up.
Not great, imho, but profits take time for companies like this.
Let's see how the market reacts. GLTA:)
NUMBERS....?
What numbers are you referring to?
Thanks
Yw. Quick search on Nasdaq SEC filings tells the story.
GLTA:)
Here's another 8K, the most recent one. Link is at the bottom.
"On October 21, 2019, Bionano Genomics, Inc. (the “Company”) entered into an underwriting agreement with Oppenheimer & Co. Inc., as representative of the several underwriters named in Schedule I thereto, relating to the public offering, issuance and sale of 10,013,600 shares of its common stock and, to certain investors, pre-funded warrants to purchase 10,923,958 shares of its common stock, and accompanying common warrants to purchase up to an aggregate of 20,937,558 shares of its common stock. Each share of common stock and pre-funded warrant to purchase one share of common stock was sold together with a common warrant to purchase one share of common stock. The public offering price of each share of common stock and accompanying common warrant was $0.86 and $0.859 for each pre-funded warrant and accompanying common warrant. The pre-funded warrants are immediately exercisable at a price of $0.001 per share of common stock. The common warrants are immediately exercisable at a price of $0.86 per share of common stock and will expire five years from the date of issuance. The shares of common stock and pre-funded warrants, and the accompanying common warrants, were issued separately and were immediately separable upon issuance. The offering closed on October 23, 2019.
The gross proceeds to the Company, before deducting underwriting discounts and commissions and other offering expenses, were approximately $18.0 million. The Company anticipates using the net proceeds from the offering primarily for general corporate purposes, including working capital, sales and marketing activities, general and administrative matters and capital expenditures."
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13697161&RcvdDate=10/23/2019&CoName=BIONANO%20GENOMICS,%20INC&FormType=8-K&View=html
Did you see the statment below in a filing from Oct?
"Under the Loan Agreement, the Company is required to meet certain minimum revenue targets measured at the end of each calendar quarter. For the quarter ended September 30, 2019, the Company did not achieve this revenue covenant. As partial consideration for the waiver of this revenue covenant, the Company agreed to amend, by no later than November 6, 2019, that certain Warrant to Purchase Stock, issued to Innovatus on March 22, 2019 (the “Warrant”) to decrease the exercise price per share of the Company’s Common Stock subject to the Warrant from $4.63 per share to $0.48 per share. All other terms of the Warrant remain in full force and effect...."
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13689590&RcvdDate=10/17/2019&CoName=BIONANO%20GENOMICS,%20INC&FormType=8-K&View=html
Not sure about it being TTCM's way of business....
This is just how the majority of penny stocks work. They're highly manipulated, can move easily, and are penny stocks because the companies aren't mega successful yet...so the balance sheet and debt offerings and dilutions etc are just part of it.
Exactly,..just post the same thing repeatedly.
Gives it more validity, right? LOL
What is it that he "gets"?
Seems to me with a MIT license, and google and apple in play,....this is a no brainer!
35% bounce today is nothing for what this will see in the future.
Legit product here:)
AGREE 100!
The company keeps diluting.....maybe people are tired of buying up shares to just have them diluted and the the pps going down, or sideways at best.
Not sure but I'm trying to reason through why there's a social media release, and PR yesterday, Fotofy launched today,....yet crickets.
I'm not liking this feeling (and been holding awhile so no weak hands here).
Wow- PR/social media post out and no movement.
Dilution has continued to hurt all shareholders at this point. Ridiculous. They're so upside down in the financials, ...and we are the one's paying for it so to speak. They need large institutional money to step in so we can get some price action.
GLTA
Hi Blue!! Thank you for your PM (re: IMTL).
I appreciate you informing me -- a lot!
Question, do you have a system or software or website you use to flag you of new info/filings that come out? I'm doing my own DD and trying to figure out how to keep up with reading everything on all the stocks I'm interested/invested in. Reading/researching over 10 hrs some days and doing this almost 7 d/week now, and still having hard time keeping up. Still trying to figure out what SEC filings to read and what part of each filing holds the most valuable info,..etc.
Any suggestions/rec's are greatly appreciated.
I can't direct message, but please PM me with any info you are willing to share.
Thank you again so much!
CLSI --
Wonder why the price hasn't gone up then....? Any thoughts?
Hello peeps?!?! We're up 13% and not one post on here....hmmm.
Interesting.
Okay, got it! Thank you SO much!!
Good info-- thank you.
Where do you find the information about who the MM's are and/or how many there are per company? Still new-ish and trying to learn how to gather as many facts on my own as possible.
Thank you!
Totally agree with you. I was shocked when I read her comments. She totally crushed the FDA approval's potential price action move.
Why would she do that...? Hope they get someone else to handle PR from now on.
There does seem to be a little volume today, as compared to yesterday. If we do have good news coming out about production/liquidity and/or 'a big boy date' lol -- I sure hope she isn't the one to announce it!
GLTA
Hey, I have a question:)
If the deal is for Google to pay $7.35 per FitBit share, then how will it go to $20 per share (what you said you're holding for)?
New-ish to all of this and trying to understand if a buy-out means they will pay more than the 7.35 announced. And, is that even allowed....?
Just trying to learn here....thank you!
The chart speaks volumes.
My largest loss to date.
Later folks....glta.
Oh how I wish it worked that way, lol.
I'm an investor, not a trader on this one. With their patent and application(s), once adoption increases this one will be huge. No question about it IMHO. Only question here is,...when?
Great technology. I like management too, have watched few interviews and they're fully vested you can tell. Always a good sign for any company.
Happy Halloween and GLTA:)
It's oversold,..imo based on short sighted traders. This would be a good long term hold imo. Lot going on but will take years to come to fruition if everything goes as planned for NOK.
GLTA
No one is on this board....interesting.
Amazon announcement included GNC and they're trending back up.....
Anyone out there....? :)
I agree.
Fluff and arguing...I'll check back here when we actually have price action.
I recommend everyone stop wasting energy with the back and forth. Do your own research, think your own thoughts, and let the price and movement speak for itself. All the speculation does nothing for the valuation or current price action or volume.
GLTA!
Awesome, thank you for the screenshot! Good to have some clarification.
Hmmm...wonder if Matt is also buying shares?
GLTA:)
I'm a shareholder, investor, so not bashing... just have an actual question.
I have seen forms with Larry's signature on the filing as CEO, however there are recent articles on the company that site Matthew Goldman as the CEO.
Do they have 2 CEO's? If anyone can provide some clarification here it is much appreciated.
Thank you and GLTA:)
Well that gain broke down fast:(
Likely from the news being a patent extension approval vs a new patent... Thoughts anyone?
On TD Ameritrade news says an 8K filing showing notice of delisting.
Haven't read it yet, but will tonight/tomorrow. Usually they give them a time frame to become compliant and I'm assuming get share price above $1. The PDUFA on Oct 31st will likely push it above $1,...but doesn't the stock have to stay above that level for xx amount of days/months to regain compliance, among other things? This has long term downward direction for a reason. However, it does have hx of spiking on certain announcements in the past. It may have some potential for trading it, but I'm too skeptical to invest. Nothing looks good on their financials imo.
Maybe the higher dose Naloxone injectable will be a game changer for the company. Unfortunately, there's definitely a market for it.
What is CRL?
Post your proof......why haven't you already? Hmmm,...seems pretty obvious. lol
WOW! I love posts with actual links to DD facts. Thank you samsamsamiam.
Perhaps you're the XRP SamIam....
~Sarah from Cincy;)
6K out on Friday. Okay, but did you all read it? I did. Here's the link.
https://www.sec.gov/cgi-bin/viewer?action=view&cik=1369128&accession_number=0001654954-19-011868&xbrl_type=v#
Verbatim from the filing:
...The Company has not yet achieved profitable operations and has accumulated losses of $7,131,145 since inception and working capital deficiency of $472,492 as at September 30, 2019.
The current cash resources are not adequate to pay the Company’s accounts payable and to meet its minimum commitments at the date of these consolidated financial statements, including planned corporate and administrative expenses, and other business plan implementation costs, accordingly, there is significant doubt about the Company’s ability to continue as a going concern....
I wouldn't buy a company that has never been profitable, has 7 Million in losses and working capital DEFICIT of 472K. Would you?
I was told investors hub had some good boards and investors/traders that tried to help each other out and etc. Doesn't seem this board is currently one of those.
Caution to anyone new,...do your own research and understand what you're reading. Unfortunately many on these boards are just pumping to try and take your money. Don't fall for anything you read---find and read the facts from the SEC and other legitimate sites. I hope this is helpful for those that actually want to learn to trade and invest with some integrity. Profits can be made for legit traders/investors, and it feels oh so good:) Come on over to the good side folks:)
Thanks, you too! We've been trading in this low channel for awhile. I got involved a few months ago before the major Kodak announcement. Went back and read all press releases and announcements made by company for the past year, all messages on this board, and the Goldman independent research they put out- however that was mostly speculative and based on comparison to other's in the 'space.' Problem with that imo is that there are no real others in this exact space. It's potentially a golden opportunity, the "uber" of photo sharing on the internet others have said. It's brilliant and could be a huge money maker. From what I have read though, it doesn't seem this CEO is truly on top of things and also seems he's handled some press opportunities sub-par. I'm still holding, but am not averaging down as I don't like to play things that way,....I prefer to average up! I hope someone in the company will start putting out regular press releases or at least social media info, like daily. Marketing really helps to educate on products and etc. So far I'm super impressed with the concept, not so much with how the company has handled their business. Just goes to show the most important thing will always be who's in the drivers seat. The car can be a sweeeet ride, but if the driver is incompetent,...well I think we all get the point:) Hoping for the best for all investors here.
Thanks. We can all make some money in the market, and have some decency in the process. Hopefully those posting personal info will take it down.