Replies to post #243350 on Biotech Values

[KOmani]

Thanks for that.

Well the 1.94 million is from relatives of the CEO and COO.

Kind of scummy to put out news and then claim they can't file Financials without undue hardship.

I want to flip it, but seems like it may be a blatant scam.

They aren't even willing to put out financials.

This is OTC type stuff ... and they just listed 2 weeks ago.

Regulators should be ashamed letting a shell get Nasdaq listed.

Again, I am looking to flip it if buying comes up. But this is pretty ugly for a big board company.

[KOmani]

Also, I can't invest in speculative Bio, just trade off of events.

The roads are too long and weary. Better to buy on moves after news with stops.

Holding through events isn't worth the risks.

Rarely will a stock instantly double on good news, but getting crushed going down 30-50% is common.

Better to buy on a pop after some consolidation if it decides to go higher.

Your experience may be different, but mine says it's not worth it. Only had to be on the wrong side holding a couple of time to see that.