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mr_bitterness

04/30/08 10:25 AM

#3441 RE: breharb25 #3439

That sounds likely. But there is no indication of the company giving shares away in anything they've reported so far. When asked, the CEO says he has no clue why it is trading this way. He's also said "I have no control over who buys or sells stock." and "If you have any information on the what and why of the market I would appreciate you filling me in." So if they are giving it away, he is clueless or lying - both of which are scary. BTW - the company that did the interview, EDS, stopped coverage of ONCO citing "inconsistency in its trading and lack of communications with the Company."

And yet I hang around waiting for the day when it trades 6M shares (like yesterday?) bc like everybody says, when the volume comes this baby will fly. And seriously, if the CO is worth 1/10th what they say it is, why would anybody be selling their free shares for .007? It is obvious that if they held on and didn't dump the PPS would go up and they could get a lot more $$ for their shares. Also, total daily volume about 1.5M... how much can a dumper be making with their fraction of that volume for .008/share?


JoJoInvest

04/30/08 7:46 PM

#3451 RE: breharb25 #3439

If that's the case...why not work on recruiting a better Investors Relations firm to get the PPS up, attract investors and make more funds than what they are doing now.

This only deters investors away from a company, and upsets serious long term investors.

We want transparency, simple as that. They shouldn't of put out a PR back in january stating an acquisition is going to take place in May and then switch it to 3rd quarter 2008. That's bait and switch in my opinion.