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Post by JHam on Aug 5, 2014 21:32:22 GMT
I wouldn't be surprised to see this head down into the $.20's. I understand those who feel squirmish about this right now. For me though, I am not ready to abandon ship. This same pattern happened a year ago right before it ran up to $.90. And now the company is in a much better situation with several major near term milestones.
I am currently 30% in the red. I held ACTC 75% in the red for over year. As much as I wish not to get stuck in the red again like that, I still have a ways to go before reaching my pain threshold.
I definitely don't encourage anyone to follow me into this one as I could lose everything I have invested so far.
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Post by happyjawa on Aug 5, 2014 23:20:32 GMT
Have money sitting on the sidelines, but mercy, I was wondering it would fall back into the .30s and now you're wondering about the .20s.
After ASCO, it's been slow rolling. Hopefully share value will rebound when the Fall/Winter conference season kicks into gear and investors get the scent (or illusion) of major activity on the horizon.
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Post by JHam on Aug 6, 2014 5:57:01 GMT
Have money sitting on the sidelines, but mercy, I was wondering it would fall back into the .30s and now you're wondering about the .20s. After ASCO, it's been slow rolling. Hopefully share value will rebound when the Fall/Winter conference season kicks into gear and investors get the scent (or illusion) of major activity on the horizon. Sorry, actually I am *only* 24% in the red (just checked)...but that will probably change tomorrow, lol. Anyway, yeah I think it is going to continue to fall until the company announces something. They have been eerily quiet since June and I think that most people assume that either a) There is something wrong or b) Assume that this will continue to fall until there is news and that they can sell and buy back cheaper before that happens. There are still 4 or 5 major milestones set to happen by year's end. I think things will start to turn around once they do happen. Those are the reasons why I opened a position to begin with, so I am not going to run for the exit before any of them occur. Nothing but positives have happened since ASCO. As long as nothing fundamentally changes, I feel content to just sit tight. I have withstood this kind of fall before when BCLI tumbled from the high $.20's to $.10 last year, then back up to the high $.30's a few weeks ago (although I did sell some BCLI shares at that time). I don't know if it will happen with ONCS, but with dilution out of the way at least for now, and what should be good news on the horizon, I was willing to take the chance that it will. I only wish I would have waited a little long before opening a position.
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Post by JHam on Aug 6, 2014 9:29:51 GMT
One small thought on the recent drop that was expressed elsewhere that I tend to agree with. I would not be surprised if those who jumped in after the pricing was set at $.71 are responsible for a good chunk of the selling. At that time many very new to this stock assumed that big news was coming and bought around that price. The news hasn't panned out yet and I imagine many are having trouble watching this go further into the red. Of course there are probably some other contributing factors, but I think the main thing is people who were hoping for a quick flip getting stuck, trying to hang on, and now finally giving up.
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Post by JHam on Aug 6, 2014 13:46:31 GMT
Yep...just added another chunk at $.375...
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Post by Jimmywho on Aug 6, 2014 23:50:27 GMT
Great move Jham, I was dying to buy more but my pockets are empty. I'm not selling any more bread & butter stocks to buy OTCs . Unless, uh, never mind
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Post by JHam on Aug 7, 2014 3:43:08 GMT
Great move Jham, I was dying to buy more but my pockets are empty. I'm not selling any more bread & butter stocks to buy OTCs . Unless, uh, never mind lol! Yeah, I should have a limit on how much money I put into speculative OTC penny stocks. This was probably my last buy for a while. I am glad I was able buy before it took off this morning, however I think that was mainly due to the SA article. I would not be surprised if all the gains from today are given back by the end of the week.
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Post by JHam on Aug 7, 2014 17:11:36 GMT
I definitely did not anticipate the pps continuing to rise the day after what is usually a SA article bump. Maybe that only applies to stem cell stocks It still may not last, long, but for now the chunk of shares I picked up in the $.30's are doing well. Just one more push and I'll be back in the green.
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Post by RLC on Aug 8, 2014 6:04:53 GMT
Maybe the rise in share price is from the SAB member addition. Don't know much about Dr. Kohrt, but if his credentials are beyond impressive this would be another hint that ONCS is really onto something big.
I regret to say I didn't make a purchase under $.40.
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Post by JHam on Aug 20, 2014 14:19:12 GMT
Increased my position yet again @ $.415. And I think that is it for now.
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Post by JHam on Aug 20, 2014 16:41:20 GMT
Increased my position yet again @ $.415. And I think that is it for now. ONCS is on the move. Glad I picked up that last chunk earlier.
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Post by RLC on Sept 10, 2014 14:23:10 GMT
It's amazing how volatile this stock is. I think I'm going to open up a trading position today.
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Post by JHam on Sept 10, 2014 15:48:53 GMT
It's amazing how volatile this stock is. I think I'm going to open up a trading position today. The run-up was obviously due to traders thinking that one of the "big" announcements was coming before the first conference yesterday, imo. Now that we know they will release new data in Spain later this month, I imagine we'll see some volatility until a few days before that presentation, when it will more than likely start a steady incline again. I actually feel pretty confident about this and if it dips down around my current cost basis I'll likely add some as well. As I mentioned in a different thread, this is a long term play for me, so I am not too bothered by interim volatility. I may take some off the table on the next run-up to preserve capital, but plan on keeping my core share amount for the long haul. At least that is the plan for now...
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Post by RLC on Sept 10, 2014 16:19:38 GMT
I'm keeping my original position for the long haul, but after seeing the volatility of this one it's made me want to open up another small position just to trade in and out of. This should be a pretty exciting end to the year for ONCS...
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Post by RLC on Sept 10, 2014 19:51:59 GMT
See what I mean!!! It went from the $0.90s to the $.30s in no time, then went up to almost $0.70 and back to $0.50. These are huge moves!
Just today it has been down as much as 15% and is now only down about 1%. This one seems like a day trader's paradise!
I'm really wishing I would have bought my trading block at $0.48, but me and my greedy self was waiting for it to hit my cost basis...
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Post by JHam on Oct 7, 2014 6:42:46 GMT
Even though I said I was done, since we are still waiting for most of the main milestones to be met by the end of the year, and since this stock showed that it can run up (even if it was only in anticipation of news the other week), I went ahead and added more yesterday. A small chunk at $.441. I may add one more chunk if it continues to go down in the next few days.
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Post by lcd on Oct 8, 2014 15:46:19 GMT
It has been a crappy week for the markets but ONCS is getting hit particularly hard. I hold a small number of shares and thought about going in more yesterday but looking at today's trend I don't know how much farther it will sink before it gets support. Anyone have a guess at why this downtrend is happening with so much potential news on the horizon?
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Post by JHam on Oct 8, 2014 16:30:49 GMT
It has been a crappy week for the markets but ONCS is getting hit particularly hard. I hold a small number of shares and thought about going in more yesterday but looking at today's trend I don't know how much farther it will sink before it gets support. Anyone have a guess at why this downtrend is happening with so much potential news on the horizon? My two thoughts are...1. Because many are not anticipating Phase IIb news until November so traders are getting out, and 2. Just shaking of the trees. If it goes under $.40, I'll probably add more.
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Post by happyjawa on Oct 8, 2014 22:49:38 GMT
It has been a crappy week for the markets but ONCS is getting hit particularly hard. I hold a small number of shares and thought about going in more yesterday but looking at today's trend I don't know how much farther it will sink before it gets support. Anyone have a guess at why this downtrend is happening with so much potential news on the horizon? My two thoughts are...1. Because many are not anticipating Phase IIb news until November so traders are getting out, and 2. Just shaking of the trees. If it goes under $.40, I'll probably add more. We should be getting a quarterly report soon, shouldn't we? I think the last big filing was their annual in June. Hopefully there's some good stuff in there.
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Post by JHam on Oct 15, 2014 15:19:30 GMT
Took some ACT profits and rolled them into ONCS. It has been getting beaten down pretty good recently, and while I already own more shares of this than I should, I still feel pretty good about the chances that this will be higher than the current levels sometime before the end of the year. At which time I plan on taking some off the table and keeping a medium core position.
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