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Thinking that we will see buying up until June 15 at least
getting thin and tight just like I like it
It just broke three resistance points when it hit .0675. Clearly going to run. If we don't see more MM jacking around we'll see .07 soon.
Really liking the action today, moving over .07 today.
First day of real buying pressure since the big drop a week ago. Seems like there will be a little run up leading up to June 15
There has been buying on the ask today. It will move up unless MMs return to crush it. Which wouldn’t surprise me.
the selling doesn't end. has to be oversold at some point but damn
I flipped this stock probably 15 times since January. Made a lot of money doing it. I'd sell on the next pop, buy on the next drop, rinse and repeat. About all this stock is good for at this point.
You can’t post real stuff like that on this board. The only thing you’re allowed to post is the same quotes the company releases.
Granted. But they had no choice but to raise the A/S to be able to pay off this note. They'll also need to raise money to conduct clinical trials, if in fact Escozine is approved for IND status. We might see more noteholders if it does get approved. But there's no hiding it, they are diluting. But they do at least have decent reasons to raise capital.
$1m in revenue in 2020 vs $600k in convertible debt. No wonder they raised the A/S 6x.
It's cancelled. They said the statement was in lieu of the webinar.
ZERO hype for the investors call. MM flipping all day with heavy sell volume. If they don't have anything good to say on the call, this might have another shakeout drop again tomorrow.
That just doesn't seem true. Sell volume has been far heavier than buy volume for the last week since the news of the A/S increase.
There was a huge string of orders of 6000 shares all at .056 this morning.
Complete obliteration of any movement by MM’s today. No chance of any movement until they move out of the way.
why is this moving?
I guess I need to keep answering the same questions. Because it's called hedging a bet. I reduced my position because of the downward movement. But in hopes it does recover some, I kept some of my position.
I didn't say never. There's just no volume outside of MM activity. They spooked the hell out of investors last week. I'm hoping the conference call can ease some concerns, and the FDA approval comes soon, but it's feeling very shaky.
Do I need to keep answering this? I sold some of my position when it tanked last week. I still have a significant amount of shares. I was hoping it would rebound after that drop but it didn't, doesn't look like it will.
It needs to show upwards movement. Otherwise the chart indicates this will continue to test lower support levels. It's honestly primed for another shakeout. Probably why you're seeing people dumping millions of shares.
no volume = no movement...need some buying pressure as always. hope the conference call can renew some interest. this stock has taken a beating the last week.
They saw the raised A/S and bounced and who could blame them. The fire alarm went off last week. It's not like this bounced right back.
If they authorize the full A/S it will go sub-penny.
lot of mm activity today
Need to get the word out there about the conference tomorrow. Could really light a fire.
quiet on here today as this stock continues to be shoved down. need MM's to back off again
Heading under .05 today, yay......
Here's hoping the conference can drive some hype. Not loving the price action on the open but let's see where this goes today.
If they utilize all those shares the dilution will be massive. They haven’t yet, but I don’t see why they would add them if they were planning on adding them to the O/S
CFGN backed off.
This stock only goes down now.
Your comment about the bottle size patent goes completely unaddressed, of course.
Well, if you can't find the answers on your own, and you've asked questions to the source and haven't gotten the answers, what else are you supposed to do but assume?
Do you have any foreign news sources about Escozine from that time period? I can use Google translate. Honest question. Radio silence for 7 years doesn't mean they were conducting trials or doing anything at all. To me it seems like this drug was on the shelf doing nothing for a decade, and an enterprising company saw an opportunity to advance it based on the relaxed FDA requirements due to the COVID pandemic.
Do you not at least find it suspect there is literally ZERO news about Escozine from 2013 until 2020? If there is, please share it with the board. Thank you.
If you read between the lines, they are trying to take advantage of the COVID pandemic to get EUA, and while I don't blame them, they might have left Escozine on the shelf for 8 years and did literally nothing, and then re-submitted the same data from 2013 in hopes COVID would make the bar much lower to get IND approval. There's literally zero news on Escozine from the time that ABC news show aired, until late 2020.
I asked them what was different in their clinical trials and studies they submitted to the FDA in 2021, from the data they had in the ABC show in 2013. Otherwise the only difference is Quanta's other line of product.
Yea he finally decided to start replying to emails I guess. Damage control is underway. They just pulled the rug out from all their shareholders and now they need to ease concerns.
Lying about what??? They increased the A/S to 3 billion, a 6x increase. These are facts that were on the filing yesterday that dropped the share price 40%