Well, I can't argue with that. Overpaid executives seems to be the case in many of these "Penny Stock" gambles. So you got your CVR's as well, which are "worthless" at this point in time and likely will remain so? I think the stock is subject to being heavily shorted at will. Notice that the PPS is down over 6% at the moment and may be under $5 before the end of the week or until buying kicks in from some of the bigger players, swingers and/or flippers (which is my usual strategy once I get stuck, and until I can safely exit). But I don't invest large sums in any stock unless I believe that it's an almost sure thing, which I don't feel ONCT is. It's volatility is fairly high comparatively speaking. Oddly enough, the R/M did nothing for GTXI SH's as our PPS has been in the dumpster ever since. The PPS did go over $8 once but I didn't sell all the shares I could and should have at that time. ;p
Anyway, bottom line, I agree with you. Just not a lot that can be done about it now. If ONCT comes across any extra cash, it would also be nice if they would use it to repurchase some of their shares or better yet, let's see some of the highly paid execs spend some of their paychecks to purchase a few shares to go along with all those they've been given. Maybe things will change soon? Time will tell, always does.
All IMO. GL 2 US and ONCT!
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