News Focus
News Focus
icon url

stockark

01/24/13 9:31 PM

#5258 RE: Bhuson #5257

I had not heard about FCSC before but the OS is 656 MM and the company is still worth 100MM. Big difference on both accounts vs. TLON.

In my opinion, it is not convenient for TLON to dilute common shares any further because then the stock price would go below 0.35, which is the conversion price for the two main investors (or so I read).

I think FCSC is a different situation than TLON. However, someone who has actually followed the FCSC can probably provide more perspective.
icon url

bluemonstr

01/25/13 11:42 AM

#5263 RE: Bhuson #5257

I don't know the complete 'back story' to FCSC. I DO know that it came out that they were diluting INTO their approval. Everyone had been buying into the event I bought a month or two early (standard thinking on FDA approval) and was going to get out but had set my sell price about 10 cents too high. Basically I missed the boat. :(

I left it and never really looked back. My original response on this (the post that you replied to) was in response to another post by bmatt - think, saying that he's never seen a stock held down so low AFTER an FDA approval...so I listed FCSC. The whole story I don't know. I just got out of the crap and remember, to always be weary. I've seen a few instances of stocks selling or diluting INTO their approval dates. It seems to have started up over the last couple years (at least to me it has)...I'm no expert in fact I am STILL really learning about investing and such. As such I have been burnt a couple times as well as hit pretty good on quite a few approvals.

I'm concerned on this one. I bought in at the right time (around .50 cents), made a nice profit and sold by accident at $1.70 or so...like an IDIOT I chased it and bought back - thinking it was still on the rise. Well - so many months later I'm stuck in this biatch. I'm merely trying to get some of my loss back.