InvestorsHub Logo
Replies to #46091 on lowtrade

lowtrade

06/29/18 4:35 PM

#46102 RE: MrMojoRisin #46091

BIOAQ chart


I normally recommend buying 1/3 of cash planning to trade @ 1st resistance break. Then 2/3s at top resistance break. Note: to buy that top resistance break completely, I require increasing volume!

lowtrade

07/07/18 12:42 PM

#46133 RE: MrMojoRisin #46091



Update on your BIOAQ find. Previously did a chart, presently did some research because the chart stalled without breaking top resistance.
http://schrts.co/WMMsCj

OK May 4 th company went into chart 11 bankruptcy. NO news until June 7 when some how, NN Group N.V. from Netherlands reported devesting it's over 5% ownership.

Now comes the interesting part. June 10 to 18 the price ran huge. (.008 to .063 cents) Prior to the June 20 8K, stating court approval to come out of bankruptcy on June 18. The final day of the price run. And continue manufacturing & search for new financing.

So someone with inside info bought the price up on PRIOR court case knowledge. June 10 to 18, with 310 mil volume involved. More then twice the OS.

Short Interest

824,507 (15.81%) 06/15/2018

Note: very possible there may be some Market makers naked short. Which in itself could start a cover run.


OS 129,450,655 shares of Common Stock issued and outstanding as of March 27, 2018, as reported by the Issuer on its Form 10-K/A filed with the Securities and Exchange Commission on April 30, 2018.

This one looks shady. Keep an eye on it. There is still no info if the company has found a funder. But if they do IMO you may see the repeat of the June 10 to 18 pre-news report run again. OR it is possible there may be a REGSHO naked short run soon.

At any rate I'd keep an eye on this one for a week or three!