Replies to post #17636 on Oncolix Inc. (fka ONCX)

[zen222]

This was and is still a long play.
We'll experience volatility from time to time but the plan (for me at least) was always to wait for the inevitable ROI that Phase I results will bring. In the meantime, I'm occupying my trading impulses with other plays and would advise others to do the same.
Hope all you ONCX longs enjoy your weekend.

[reaper247]

Hey there steadyhand,

I understand the frustration here.

If ONCX was trading @ .03-.04 with a market cap $100,000,000+, I would be like yep, its done with no upside potential.

This is not the case here.

We have a market cap of $6M-$8M.

ONCX needs to see a 1000+% gain just to get to the low end of where it should be trading.

Redman knows it and included it in one of the corporate presentations.

If ONCX was trading where it should be with a $100+M market cap, the little $4M note wouldn’t even be an issue.

I think ONCX has options to remedy an unfortunate situation regarding PPS.

Just have to wait and see.

Q1 drop due this week and maybe they will take the opportunity to provide updates.

GLTU and all.

IMO and FWIW.