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darkoz
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May 10th, 2020 at 1:21:16 PM permalink
Novant is entering second trial for Leronlimab

First trial was for mild/moderate cases a month ago.

Now they are moving onto severe cases.

https://www.wbtv.com/2020/05/08/novant-health-joins-second-clinical-trial-testing-medication-treat-serious-cases-covid-/

I am sure Novant is part of the cover-up lol
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billryan
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May 10th, 2020 at 3:16:39 PM permalink
Classic pump and dump. Buyer beware.
The difference between fiction and reality is that fiction is supposed to make sense.
AxelWolf
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May 10th, 2020 at 8:57:45 PM permalink
Without showing any data, CytoDyn touts treatment for Covid-19 as winner — while its CEO sells stock
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
darkoz
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May 10th, 2020 at 9:49:53 PM permalink
Quote: AxelWolf

Without showing any data, CytoDyn touts treatment for Covid-19 as winner — while its CEO sells stock



I know Axel.

It's part of the misinformation campaign that's out there.

I'm following Cytodyn very closely
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standbymyman
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May 11th, 2020 at 8:05:03 AM permalink
Quote: AxelWolf

Without showing any data, CytoDyn touts treatment for Covid-19 as winner — while its CEO sells stock




By any chance, did he dump 1300 shares?
darkoz
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May 11th, 2020 at 8:42:39 AM permalink
Quote: standbymyman

By any chance, did he dump 1300 shares?



Nope.

In fact I am contemplating investing more
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billryan
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May 11th, 2020 at 8:44:36 AM permalink
So this is more about increasing the stock price than if the stuff actually works.
The difference between fiction and reality is that fiction is supposed to make sense.
darkoz
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May 11th, 2020 at 9:10:03 AM permalink
Quote: billryan

So this is more about increasing the stock price than if the stuff actually works.



No I believe the stuff works.

That's why I am investing.

If it turns out to be a dud I will be out a lot of money.
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gordonm888
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May 11th, 2020 at 10:01:42 AM permalink
Quote: darkoz

No I believe the stuff works.

That's why I am investing.

If it turns out to be a dud I will be out a lot of money.



This thread is already a dud. And, I am disappointed in you. You started out by saying this was the most important thread on covid-19 on the forum and, in retrospect, your posts since then have consistently had an over-the-top marketing tone.

As Bill Ryan says, the CEO has done a pump and dump. He seems to have genuinely made a false announcement that has been part of his pump and dump strategy.

My wife is immuno-suppressed and is at very high risk for covid-19. She and I keenly follow the prospective medical treatments because she is in great jeopardy, and we are seeking some reason to be hopeful that she can survive the covid-19 infection that seems to be inevitably in everyone's future. To encourage her, I immediately told her about Leronlimnab when you first created this thread. A pox on you.

There's no shame in being wrong when you post hopefully about a new drug (perhaps I did that when I started the thread about hydroxychloroquine.) But there is a shame in being insincere when you post. If Leronlimnab was a new casino game you had invested in, I wonder if you would already be suspended.
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
darkoz
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May 11th, 2020 at 10:18:42 AM permalink
Quote: gordonm888

This thread is already a dud. And, I am disappointed in you. You started out by saying this was the most important thread on covid-19 on the forum and, in retrospect, your posts since then have consistently had an over-the-top marketing tone.

As Bill Ryan says, the CEO has done a pump and dump. He seems to have genuinely made a false announcement that has been part of his pump and dump strategy.

My wife is immuno-suppressed and is at very high risk for covid-19. She and I keenly follow the prospective medical treatments because she is in great jeopardy, and we are seeking some reason to be hopeful that she can survive the covid-19 infection that seems to be inevitably in everyone's future. To encourage her, I immediately told her about Leronlimnab when you first created this thread. A pox on you.

There's no shame in being wrong when you post hopefully about a new drug (perhaps I did that when I started the thread about hydroxychloroquine.) But there is a shame in being insincere when you post. If Leronlimnab was a new casino game you had invested in, I wonder if you would already be suspended.



How am I insincere?

I truly believe in the efficacy of this drug to the point I have invested my own money into it.

As for marketing it that's ridiculous. The drug is currently in two FDA fast track trials. If it succeeds in being a treatment then the world will have a viable treatment for Covid-19

If it fails, well that's the point of holding clinical trials. To prove efficacy.

Leronlimab is in its fifth year of clinical trials (the average amount of time it takes to develop a drug). So for this to be a pump and dump of a worthless drug you have to believe the FDA has been holding five years of clinical trials for grape juice?

I still hold true this the most important thread relating to Covid-19.

The naysayers will come around when the clinical trials come through. We are talking weeks not months.

And if I am wrong then I lose my investment. That's the stock market game. That doesn't bother me either. It's money I can afford to lose. But for society to get back to normal we need a game changer and Leronlimab is IMHO going to be it
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rsactuary
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May 11th, 2020 at 10:44:29 AM permalink
Quote: gordonm888

My wife is immuno-suppressed and is at very high risk for covid-19. She and I keenly follow the prospective medical treatments because she is in great jeopardy, and we are seeking some reason to be hopeful that she can survive the covid-19 infection that seems to be inevitably in everyone's future. To encourage her, I immediately told her about Leronlimnab when you first created this thread. A pox on you.



So let me get this straight. You told your wife about a treatment described by people who are not medical experts on an anonymous internet forum, without doing research, and the pox should be on DarkOz?
AxelWolf
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May 11th, 2020 at 11:43:20 AM permalink
Quote: darkoz

I can sometimes be one of your biggest critics, however, I certainly don't see anything wrong with any of this. Not sure why you're catching so much flack on this one.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
darkoz
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May 11th, 2020 at 12:16:35 PM permalink
Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?







For Whom the bus tolls; The bus tolls for thee
billryan
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May 11th, 2020 at 3:17:21 PM permalink
Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.
The difference between fiction and reality is that fiction is supposed to make sense.
darkoz
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May 11th, 2020 at 4:15:36 PM permalink
Quote: billryan

Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.



I am certain Steve Madden shoes did not undergo five years of scrutiny by the food and drug administration.

Nor did Steve Madden shoes get fast tracked for any type of clinical trials.

Nor was it administered by top medical physicians like the doctors at UCLA medical school

But hey if you see the similarities I guess time will tell
For Whom the bus tolls; The bus tolls for thee
AxelWolf
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May 11th, 2020 at 4:47:42 PM permalink
Quote: darkoz

Quote: billryan

Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.



I am certain Steve Madden shoes did not undergo five years of scrutiny by the food and drug administration.

Nor did Steve Madden shoes get fast tracked for any type of clinical trials.

Nor was it administered by top medical physicians like the doctors at UCLA medical school

But hey if you see the similarities I guess time will tell

Did you get it around $2 and eighty something cents? I think it closed at $3.02. Screw Bitcoin millionaires, we're going to have ourselves some coronavirus millionaires.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
darkoz
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May 11th, 2020 at 4:54:36 PM permalink
Quote: AxelWolf

Quote: darkoz

Quote: billryan

Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.



I am certain Steve Madden shoes did not undergo five years of scrutiny by the food and drug administration.

Nor did Steve Madden shoes get fast tracked for any type of clinical trials.

Nor was it administered by top medical physicians like the doctors at UCLA medical school

But hey if you see the similarities I guess time will tell

Did you get it around $2 and eighty something cents? I think it closed at $3.02. Screw Bitcoin millionaires, we're going to have ourselves some coronavirus millionaires.



As usual you are spot on.

$2.86

It's like twenty cents higher since I brought in. Huge pump and dump lol
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billryan
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May 11th, 2020 at 4:55:46 PM permalink
Quote: darkoz

Quote: billryan

Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.



I am certain Steve Madden shoes did not undergo five years of scrutiny by the food and drug administration.

Nor did Steve Madden shoes get fast tracked for any type of clinical trials.

Nor was it administered by top medical physicians like the doctors at UCLA medical school

But hey if you see the similarities I guess time will tell



These are desperate times. Normal procedures for these studies are being rushed. Los Angeles is in a crisis, with every hand on deck. It's not like they are picking and choosing what they can try. This is when you Chuck things at the virus and see what works.
You are right. Time will tell. Only problem is you are the one claiming it is a game. changer. You can't say things like that and then say time will tell.
The difference between fiction and reality is that fiction is supposed to make sense.
billryan
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May 11th, 2020 at 4:57:35 PM permalink
Quote: darkoz

Quote: AxelWolf

Quote: darkoz

Quote: billryan

Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.



I am certain Steve Madden shoes did not undergo five years of scrutiny by the food and drug administration.

Nor did Steve Madden shoes get fast tracked for any type of clinical trials.

Nor was it administered by top medical physicians like the doctors at UCLA medical school

But hey if you see the similarities I guess time will tell

Did you get it around $2 and eighty something cents? I think it closed at $3.02. Screw Bitcoin millionaires, we're going to have ourselves some coronavirus millionaires.



As usual you are spot on.

$2.82

It's like twenty cents higher since I brought in. Huge pump and dump lol



It's an eighty cent stock being foisted on the gullible for five times it's worth.
The difference between fiction and reality is that fiction is supposed to make sense.
darkoz
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May 11th, 2020 at 5:08:31 PM permalink
Quote: billryan

Quote: darkoz

Quote: billryan

Quote: darkoz

Gordon (and others)

NBC has covered Leronlimab

MSNBC has covered Leronlimab

Oh and Fox news has covered Leronlimab

Efficacy? Usually when they both Fox and MSNBC cover news exactly the same (positively) it's a good sign of truth (trying to make that as non-political as possible.)

So watch these videos. Sound like a pump and dump?









As opposed to a pump and dump like Steve Madden shoes? That IPO got tremendous coverage on business channels yet none of them caught on that it was a total fraud.
The drug is in the early stages of testing, and you are making outrageous claims that a shot and another one two weeks later will cure you. There are about a dozen other medicines in the same stages of investigation but you have proclaimed this untried drug as the only one that matters. It's just a coincidence you have a substantial investment in it.
Too bad the CEO doesn't have faith in the company, dumping shares just before it is set to explode.



I am certain Steve Madden shoes did not undergo five years of scrutiny by the food and drug administration.

Nor did Steve Madden shoes get fast tracked for any type of clinical trials.

Nor was it administered by top medical physicians like the doctors at UCLA medical school

But hey if you see the similarities I guess time will tell



These are desperate times. Normal procedures for these studies are being rushed. Los Angeles is in a crisis, with every hand on deck. It's not like they are picking and choosing what they can try. This is when you Chuck things at the virus and see what works.
You are right. Time will tell. Only problem is you are the one claiming it is a game. changer. You can't say things like that and then say time will tell.



I understand things are being rushed due to the Covid-19 crisis.

But again, this has five years of trials for HIV.

No way the drug does not have some medicinal benefits and survives five years of FDA trials.

I am excited by this treatment but I have also admitted I have no medical training. I am excited by what I have read.

I believe it will be a game changer. I may be proven wrong. I have put money where my mouth is

Yeah, at $2.86 per share if the drug does not pan out it will probably drop back to 80 cents. I will lose a few thousand bucks

It isn't something I can't afford. Investment in the market means risk. I have chosen based on my beliefs.

Again, time will tell
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billryan
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May 11th, 2020 at 5:13:51 PM permalink
It's average price for the past year is eighty six cents.
In late December, it was under thirty cents.
In April, someone leaked the partial results of an incomplete study and the stock went to $3.80 and a bunch of insiders sold on the news.
It has since lost about a third of its price.
It doesn't matter if it's shoes, drugs or a gaming stock. When you see a pattern like that, something seems askew.
The difference between fiction and reality is that fiction is supposed to make sense.
darkoz
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May 11th, 2020 at 5:39:16 PM permalink
Quote: billryan

It's average price for the past year is eighty six cents.
In late December, it was under thirty cents.
In April, someone leaked the partial results of an incomplete study and the stock went to $3.80 and a bunch of insiders sold on the news.
It has since lost about a third of its price.
It doesn't matter if it's shoes, drugs or a gaming stock. When you see a pattern like that, something seems askew.



I appreciate your due diligence.

In fact the price has averaged under $1 for the last FIVE years.



To me that adds credibility. They were preparing a pre-sale item and are closing in on that goal with surprising results from Covid-19 testing which is an immediate concern right now. No wonder it's value has gone up.

I researched the Steve Madden shoes scandal and I do thank you for pointing me to that.

The Steve Madden pump and dump was perpetrated 22 times. That's huge!! Twenty two pump and dumps artificially.

Staying level at around eighty cents for five years?? That doesn't smell pump and dump. That appears like a company working on a pre-sale product which is coming close to fruition.
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SOOPOO
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May 11th, 2020 at 6:11:27 PM permalink
I hope it succeeds. May help a bit. If it was a real game changer we would know already. If it is as effective as Remdesivir that would be great. A few days less in the hospital, a slightly quicker recovery, a slightly lower death rate is what we need until a vaccine is made. If it is symbiotic with Remdesivir that could approach a 'game changer'. For those unaware, AIDS is treated by multiple drugs used together. Certain bacterial infections are attacked by multiple drugs as well.

I have not bought any of the stock as I do know people at the NY hospital involved in the research. Not interested in going to jail for insider trading.... Although I think everything is public already that I know.....
onenickelmiracle
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May 11th, 2020 at 6:52:05 PM permalink
I'm quite skeptical Darkoz, and agree the stock might just be manipulated by the company as the only means to make personal gains. I was kind of shocked, but that company Inovio isn't very reputable and they have a pattern of press releases and no drugs. There was a company called Theranos which was totally fake before, you should read into it. If the company had something, by now, the price would be worth a lot of money and not still be under $5. You might want to buy call options on the stock if you think it's really great. My bet is it's a lie whatever is going on. As far as insiders selling, they have to put some kind of order in in advance and can't just buy or sell whenever they want. Precise details, I'm not aware of. If I were you I would find it out and try to guess if this was orchestrated.
I am a robot.
darkoz
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May 11th, 2020 at 8:04:19 PM permalink
Quote: onenickelmiracle

I'm quite skeptical Darkoz, and agree the stock might just be manipulated by the company as the only means to make personal gains. I was kind of shocked, but that company Inovio isn't very reputable and they have a pattern of press releases and no drugs. There was a company called Theranos which was totally fake before, you should read into it. If the company had something, by now, the price would be worth a lot of money and not still be under $5. You might want to buy call options on the stock if you think it's really great. My bet is it's a lie whatever is going on. As far as insiders selling, they have to put some kind of order in in advance and can't just buy or sell whenever they want. Precise details, I'm not aware of. If I were you I would find it out and try to guess if this was orchestrated.



Thanks.

I have tried due diligence but I must admit I am new to the stock market

Like newborn babe new!

This is literally my one and only purchase ever. I had to open an account, did it with the wrong app (they didn't list CYDY) took me almost a week to wait for some clearance and money transfer to go through.

I'm probably doing everything wrong a first time trader can do.

Learning curve!

EDIT: just read about theranos. Well, if rupert Murdoch and general Mattis can be fooled I guess it's the nature of the game. Hopefully I won't be joining their company
Last edited by: darkoz on May 11, 2020
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AxelWolf
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May 11th, 2020 at 9:26:26 PM permalink
Quote: darkoz

Thanks.

I have tried due diligence but I must admit I am new to the stock market

Like newborn babe new!

This is literally my one and only purchase ever. I had to open an account, did it with the wrong app (they didn't list CYDY) took me almost a week to wait for some clearance and money transfer to go through.

I'm probably doing everything wrong a first time trader can do.

Learning curve!

EDIT: just read about theranos. Well, if rupert Murdoch and general Mattis can be fooled I guess it's the nature of the game. Hopefully I won't be joining their company

I have no idea if the stock is a good guy or a bad buy long-term. The company does seem a little sketchy from the very little I have read. So far, it's been a good buy. Whatever the case I can respect the fact that you believed in something so much so that you actually took action made an account then transferred money and bought the stock(I wanted to buy some stocks, but I was too lazy). Right or wrong you certainly did put your money where your mouth was. Unless of course, you're pulling the good old Mdawg trick 😉.

I actually tried to get a few people I felt confident in to invest my money for me into some stocks, but nobody seemed interested. 🤷‍♀️
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
onenickelmiracle
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May 11th, 2020 at 10:34:46 PM permalink
It's just speculation Darkoz. It's a big negative it's not traded everywhere, it's availability or lack of means it is too low to be listed on major exchanges. Think a stock has to be worth $1 to be on them, so that's why. I'm not experienced enough to speak specifics about that, I'm not seeing a complete picture, because I know a lot of stocks able to be traded under $1. They always say to do your research, you have to know the reasons you should buy and know or be able to really tell when it's time to sell. As in gambling price or movement lately isn't the reason unless you're a stupid little b****, you need a reason. Anything can happen, the drug could have some bad news, the stock immediately goes back to $.80 or less, or the news is misunderstood and the stock crashes and then recovers later when the bad news is surpassed by good news the bad news isn't bad anymore or has been reversed somehow. The risk on this stock imo is maybe you want to sell and there are no buyers.

I haven't read much about the drug, so keep this in mind. I was burned on a speculative stock, then some bad puts, I'm pretty much just keeping my head out or against the market one way or another for now.
I am a robot.
billryan
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May 11th, 2020 at 11:18:27 PM permalink
Quote: AxelWolf

I have no idea if the stock is a good guy or a bad buy long-term. The company does seem a little sketchy from the very little I have read. So far, it's been a good buy. Whatever the case I can respect the fact that you believed in something so much so that you actually took action made an account then transferred money and bought the stock(I wanted to buy some stocks, but I was too lazy). Right or wrong you certainly did put your money where your mouth was. Unless of course, you're pulling the good old Mdawg trick 😉.

I actually tried to get a few people I felt confident in to invest my money for me into some stocks, but nobody seemed interested. 🤷‍♀️




It takes two minutes to set up a stock account and you can answer a few questions to determine what stocks or mostly likely funds are best for you. New investors should stick to ETFs, which are slightly improved mutual funds. Helping friends buy stock is a good way to lose friends.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
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May 12th, 2020 at 6:30:22 AM permalink
Quote: billryan

It takes two minutes to set up a stock account and you can answer a few questions to determine what stocks or mostly likely funds are best for you. New investors should stick to ETFs, which are slightly improved mutual funds. Helping friends buy stock is a good way to lose friends.



Agree except the last sentence. Not actively 'managing', but I am helping quite a few friends "buy stocks". All realize that there is risk, but I help them at least minimize expenses and reasonably diversify. One friend was having her $100k managed for $1k a year. He had her in one mutual fund that had an expense ratio of nearly 2%! And it just picked popular big stocks; Apple was its number 1 holding. He also had her in 2 individual stocks that were down in the period Sep 1- Jan 1. The entire portfolio was even while all indices were way up. She came to me and showed me a 7 year gain of barely a few percent!
I told her just not paying the guy 1% is the first start. Had her buy VIG. My favorite ETF now. I like the concept.
billryan
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May 12th, 2020 at 9:48:02 AM permalink
I'm not saying it is the case in this situation, but one of the methods used by pump and dumpers is to take over ownership/management of a company with a steady stock price for years, create a buzz about a new product and have potential clients look at the old track record of the stock. There was a brokerage on Long Island that employed a number of my friends which it turned out did little but pump and dump small companies. They all knew what they were doing but at the time the commission levels were insane. At a regular firm, you were expected to reach quotas and you might get a yearly bonus based on how well you did. This firm only sold over the counter stocks and you could make up to a twenty-five percent commission. Bring in $100,000 in new revenue and you got an immediate $25,000 bonus. When you have your twenty-five year old employees all driving Porsches, it's a hell of a recruiting pitch.
Few people go broke by appealing to mans greed.
The difference between fiction and reality is that fiction is supposed to make sense.
unJon
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May 12th, 2020 at 11:23:53 AM permalink
Quote: billryan

I'm not saying it is the case in this situation, but one of the methods used by pump and dumpers is to take over ownership/management of a company with a steady stock price for years, create a buzz about a new product and have potential clients look at the old track record of the stock. There was a brokerage on Long Island that employed a number of my friends which it turned out did little but pump and dump small companies. They all knew what they were doing but at the time the commission levels were insane. At a regular firm, you were expected to reach quotas and you might get a yearly bonus based on how well you did. This firm only sold over the counter stocks and you could make up to a twenty-five percent commission. Bring in $100,000 in new revenue and you got an immediate $25,000 bonus. When you have your twenty-five year old employees all driving Porsches, it's a hell of a recruiting pitch.
Few people go broke by appealing to mans greed.



Sounds like the plot of Wolf of Wall St.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
billryan
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May 12th, 2020 at 12:07:16 PM permalink
Belfort used to recruit out of local gyms and bars. His guys used to hang out at the bars by the Mineola and Great Neck train station, size up potential brokers and show them their paystubs. Given a choice of commuting by train into Manhattan for $35,000 or working in the neighborhood for $150,000, many of my friends went to work for him. Oakmont went from ten or so employees to a couple hundred in maybe two years. They also churned employees like crazy. A number of my friends ended up in rehab, which wasn't all that common at the time.
I tried to get an interview with them but didn't pass muster. I did get in on a few of their offerings but didn't like the high-pressure tactics and bailed pretty quickly. To be fair, some people I know had a number of home runs from the firm, but most got skinned.
In addition to promoting shady stocks, they also churned accounts.
In real life, a couple of Newsday's reporters heard rumors about the shop, did a long investigation followed by a blistering expose, and only afterward did the Feds do anything about it.

BTW- the movie is based on Belforts biography, and is not nearly as interesting as the book.
The difference between fiction and reality is that fiction is supposed to make sense.
onenickelmiracle
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May 12th, 2020 at 12:56:05 PM permalink
I am in the belief ETFs are in a bubble. There is too much buying of garbage within them. Warren Buffett didn't put a penny in this year into the market, yet, so think about that. That's the one thing which drives me crazy is seeing stocks rise which shouldn't be rising. We're going to be seeing less borrowing for these companies, less stock buybacks, less investing from baby boomers and more divesting. One of the things I have seen is the US stock market is an exception to other world markets which have never recovered or have moved sideways forever. I do agree in being diversified, in being long term in stocks, you pretty much have to make up your mind and not watch the stock price too much. It really gets to me how every stock seems interconnected to be honest. Almost doesn't matter which stock you look at, so many down and recovering at the same time. In other words, this is all wise advise from yesterday, buying ETFs.


Added: on top of this, I realize what the fake news is all about. Fake news tricks the public to believe what our lords want us to believe. If they post the wrong words, the high frequency trading programs sell and influence the public. You can tell by the words being used in these articles. The SPY dropped 2% in a total sell off, and I see an article saying it was because of jitters and not fear. I think that's an important distinction.
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billryan
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May 12th, 2020 at 1:08:52 PM permalink
Quote: onenickelmiracle

I am in the belief ETFs are in a bubble. There is too much buying of garbage within them. Warren Buffett didn't put a penny in this year into the market, yet, so think about that. That's the one thing which drives me crazy is seeing stocks rise which shouldn't be rising. We're going to be seeing less borrowing for these companies, less stock buybacks, less investing from baby boomers and more divesting. One of the things I have seen is the US stock market is an exception to other world markets which have never recovered or have moved sideways forever. I do agree in being diversified, in being long term in stocks, you pretty much have to make up your mind and not watch the stock price too much. It really gets to me how every stock seems interconnected to be honest. Almost doesn't matter which stock you look at, so many down and recovering at the same time. In other words, this is all wise advise from yesterday, buying ETFs.



Assuming everything you said is correct, where do you invest?
Individual stocks?
Rental properties? I can only imagine what highly leveraged landlords are going through right now?
Are ETFs the perfect place for new investors? Probably not, but in my opinion, they are the best.
The difference between fiction and reality is that fiction is supposed to make sense.
onenickelmiracle
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May 12th, 2020 at 1:22:51 PM permalink
Quote: billryan

Assuming everything you said is correct, where do you invest?
Individual stocks?
Rental properties? I can only imagine what highly leveraged landlords are going through right now?
Are ETFs the perfect place for new investors? Probably not, but in my opinion, they are the best.


Beats the hell out of me. That's the whole point, Buffett isn't. He looks for value and didn't see any.
https://www.bloomberg.com/news/articles/2019-09-04/michael-burry-explains-why-index-funds-are-like-subprime-cdos

Michael Burry was the guy who shorted mortgage loans.

You know it's funny, most of the "good advice" I think are just sales pitches. The number one assumption is stocks always go up, the stock market always goes up. They say it can't be timed, but Buffett does it. They make it seem like being random is the superior strategy and we have to know it's not true. Not true from a gambling perspective, that someone will beat you by accident with a lucky strategy. Nobody ever tries checking facts on these "truths" it seems. Who knows what is true, it seems the hedge funds we think are the masters of the universe are beaten by the market ETFs all the time for a long time.

I'm also adding the real estate market was a lot worse than what people believed before COVID became a reality, if what I read somewhere was true. There are a lot more foreclosures and defaults right now than people think. Apparently banks were just artificially keeping people out of default and foreclosure. There is a much bigger lot of available houses than people think.
Last edited by: onenickelmiracle on May 12, 2020
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coilman
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May 22nd, 2020 at 5:29:41 PM permalink
Well seems the stock held its own this week.

Moderna drug company had some good news ..... well great news for a few exec looking to grab some cash

https://www.cnn.com/2020/05/22/investing/moderna-coronavirus-vaccine-stock-sales/index.html
darkoz
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May 22nd, 2020 at 6:39:49 PM permalink
Quote: coilman

Well seems the stock held its own this week.

Moderna drug company had some good news ..... well great news for a few exec looking to grab some cash

https://www.cnn.com/2020/05/22/investing/moderna-coronavirus-vaccine-stock-sales/index.html



Thanks

If possible I would like to keep info on other drugs off this thread so as to avoid confusion

For any others confused Moderna has nothing to do with the drug in this thread title
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darkoz
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May 25th, 2020 at 1:01:10 PM permalink
Latest from Albert Einstein school of medicine on Leronlimab for Covid-19

https://medicalxpress.com/news/2020-05-drug-treatment-severe-lung-inflammation.amp?__twitter_impression=true
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darkoz
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May 25th, 2020 at 10:52:09 PM permalink
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darkoz
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June 4th, 2020 at 1:21:02 PM permalink
Results of EIND (60) patients in this article which is very exciting

https://seekingalpha.com/amp/article/4352011-cytodyn-covidminus-19-crunch-time
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unJon
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June 4th, 2020 at 1:24:28 PM permalink
Quote: darkoz

Results of EIND (60) patients in this article which is very exciting

https://seekingalpha.com/amp/article/4352011-cytodyn-covidminus-19-crunch-time

Good article.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
michael99000
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June 11th, 2020 at 4:31:51 PM permalink
Stock is going higher in after hours on some news
darkoz
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June 12th, 2020 at 7:18:53 AM permalink
Quote: michael99000

Stock is going higher in after hours on some news



"Some news?"

THIS IS ON FIRE!

READ THIS ARTICLE. YOU WILL BE CREAMING IN YOUR PANTS.

I am so glad I got just 3300 shares at under $3.

https://emerginggrowth.com/adam-feuersteins-fishing-expedition-on-cytodyn-cydy-continues-to-cast-an-empty-net/

BTW, why is this stock so low? Why were there articles stating this drug was a scam?

I did my research and there were a lot of shorts, people invested in the stocks failure. It's been surmised that a top biotechnology adviser on the net, Adam Fuerstein (AF in the article) was being paid under the table to bash the stock to help shorts)

Bashing a stock for a drug that can save the world just so he can line his pockets.

Read the article I posted please.

I got called a pox by a poster here, was accused of shilling when I just believed in the science I had researched on Leronlimab.

That article says a lot that I understood weeks ago but which my word was not going to be believed on this forum.

Once more read the article and then comment.

We are close to ending this COVID-19 crisis. Spread the word!

Oh and yeah, possibly end of certain cancers, Alzheimer's, NASH liver disease, HIV and MS. Hmmm, yes it's on fire!
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unJon
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June 12th, 2020 at 11:14:58 AM permalink
Stock doesn’t seem to be popping. Dark, what’s your take?
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
darkoz
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June 12th, 2020 at 12:08:45 PM permalink
Quote: unJon

Stock doesn’t seem to be popping. Dark, what’s your take?



My take and I am going on a little instinct and a little evidence...

Big Pharma has a lot to lose if one drug gets FDA approval that can work on cancer, Alzheimer's, MS, HIV, NASH and COVID-19. In particular Gilead which used it's huge resources to push a drug with a lot less efficacy and safety on the American public with Remdesvir.

I suspect they are keeping the price down with dirty tactics.

Gilead has also forked over $70+ million dollars to s similarly traded OTC called Humanigen. They are behind on trials and their star drug is Lenzilumab notice it's similar in name to Leronlimab, that's because Gilead is going after s sister drug with similar properties!

Well this OTC Humanigen was trading for less than a dollar two weeks ago, and now is over $4??? And hasn't even finished enrollment, nor had any EIND testimony.

When 2 small drug companies with similar products, one fighting the PR battle alone gets no traction, the other gets Big Pharma behind it and explodes 400% on very little science news, I smell something fishy in Denmark.

At it's most innocent thought, it's investors seeing Gilead and the huge pump into Humanigen for a similar drug

BTW, I am sort of kicking myself for not investing in Humanigen myself. I was considering it at $1 for $6,000. Instead I brought more shared of Cytodyn.. In two weeks six grand could have turned into twenty four grand. SMH.

In the end I made my decision based on the science. Leronlimab is an injection which means everyone, even mild sick (and therefore prior to hospitalization) can get it. Meanwhile, Humanigens Lenzilumab is IV administered making it only good for hospitalization patients.

For that reason I still believe in my choice as correct even though the Stock Price activities this past week are crushing my will
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WatchMeWin
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June 12th, 2020 at 12:41:08 PM permalink
Quote: darkoz

My take and I am going on a little instinct and a little evidence...

Big Pharma has a lot to lose if one drug gets FDA approval that can work on cancer, Alzheimer's, MS, HIV, NASH and COVID-19. In particular Gilead which used it's huge resources to push a drug with a lot less efficacy and safety on the American public with Remdesvir.

I suspect they are keeping the price down with dirty tactics.

Gilead has also forked over $70+ million dollars to s similarly traded OTC called Humanigen. They are behind on trials and their star drug is Lenzilumab notice it's similar in name to Leronlimab, that's because Gilead is going after s sister drug with similar properties!

Well this OTC Humanigen was trading for less than a dollar two weeks ago, and now is over $4??? And hasn't even finished enrollment, nor had any EIND testimony.

When 2 small drug companies with similar products, one fighting the PR battle alone gets no traction, the other gets Big Pharma behind it and explodes 400% on very little science news, I smell something fishy in Denmark.

At it's most innocent thought, it's investors seeing Gilead and the huge pump into Humanigen for a similar drug

BTW, I am sort of kicking myself for not investing in Humanigen myself. I was considering it at $1 for $6,000. Instead I brought more shared of Cytodyn.. In two weeks six grand could have turned into twenty four grand. SMH.

In the end I made my decision based on the science. Leronlimab is an injection which means everyone, even mild sick (and therefore prior to hospitalization) can get it. Meanwhile, Humanigens Lenzilumab is IV administered making it only good for hospitalization patients.

For that reason I still believe in my choice as correct even though the Stock Price activities this past week are crushing my will



Very interesting Dark OZ. You are correct with the big pharma politics and games they play. We discussed this before. I was not aware of Humanigen . I will look into them this weekend. I need to know more about their drug, pipeline, and management. However, at quick glance, it appears that you are on to something. I like the fact that their market cap is half of CYDY .. at a higher stock price, which means they dont have as many shares outstanding as CYDY ( which im not a fan of companies that have huge amount of shares outstanding in the company ).

Why not have multiple horses in the race and not just bet all on one. You could buy both and not worry which is playing games with others. Both could actually go up. I bought multiple COVID drug company stocks because I didnt want to try and pick THE ONE. It turns out that all went up! But one of them will be the 30x winner!

If either of your two companies has a real solution to COVID, trust me, they will get bought out by a large pharma eventually or partner with them. They have to because they dont have the medical affairs capacity and sales and marketing distribution to get the drug out there.
'Winners hit n run... Losers stick around'
darkoz
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June 12th, 2020 at 2:03:00 PM permalink
Quote: WatchMeWin

Very interesting Dark OZ. You are correct with the big pharma politics and games they play. We discussed this before. I was not aware of Humanigen . I will look into them this weekend. I need to know more about their drug, pipeline, and management. However, at quick glance, it appears that you are on to something. I like the fact that their market cap is half of CYDY .. at a higher stock price, which means they dont have as many shares outstanding as CYDY ( which im not a fan of companies that have huge amount of shares outstanding in the company ).

Why not have multiple horses in the race and not just bet all on one. You could buy both and not worry which is playing games with others. Both could actually go up. I bought multiple COVID drug company stocks because I didnt want to try and pick THE ONE. It turns out that all went up! But one of them will be the 30x winner!

If either of your two companies has a real solution to COVID, trust me, they will get bought out by a large pharma eventually or partner with them. They have to because they dont have the medical affairs capacity and sales and marketing distribution to get the drug out there.



Yes you are right.

What pains me now is buying Humanigen for four times what it was when I first noticed it.

Big mistake on my part.

Oh well, learning the stock market and my own foibles
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billryan
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June 12th, 2020 at 2:59:49 PM permalink
Quote: darkoz

Yes you are right.

What pains me now is buying Humanigen for four times what it was when I first noticed it.

Big mistake on my part.

Oh well, learning the stock market and my own foibles



I don't see very much learning going on in this thread.
The difference between fiction and reality is that fiction is supposed to make sense.
darkoz
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June 12th, 2020 at 3:10:27 PM permalink
Quote: billryan

I don't see very much learning going on in this thread.



It's called learning from mistakes.

I could just go list my never wrong adventures but that's not who I am
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billryan
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June 12th, 2020 at 3:43:51 PM permalink
Quote: darkoz

"Some news?"

THIS IS ON FIRE!

READ THIS ARTICLE. YOU WILL BE CREAMING IN YOUR PANTS.



We are close to ending this COVID-19 crisis. Spread the word!

Oh and yeah, possibly end of certain cancers, Alzheimer's, NASH liver disease, HIV and MS. Hmmm, yes it's on fire!




Repeating your mistakes is not learning from them.
The difference between fiction and reality is that fiction is supposed to make sense.
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