posted
no volume, persia. I think once the volume comes back we will be above .08 again in no time. folks are distracted by PMED. wait til after lunch.
Posts: 908 | Registered: Dec 2004
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posted
MMs raising the ask on no volume... any theories on what's going on? Are they trying to get shares or are we just in a lull?
Posts: 133 | From: Blacksburg, VA | Registered: Sep 2005
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posted
I stated that this is a mid to long hold but will advise right now that if you cannot handle some negative movements then you may want to exit if your in the green.If this breaks the .0645 mark it may drop to .05 flat ut will be very short imo.I have bid support for 150k aon but they could pass right by me if they want to cause a panic.The reson I am saying this is for you newbies mainly,vets know the OTC's can get violant so always pretect your principal and try to hold free shares.Level 2 here looks fair at the moment and even the smallest buys can move it back up quick...but the smallest sells can also drop it.
posted
like I said I am averaged at 86 so no green here...wondering if I should just take the lose and move on.
Posts: 688 | Registered: Aug 2005
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posted
Hoping for some sort of virus outbreak in order to push this and other bio-tech stocks up... Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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I have learned not to trust these pennies whatsoever...get in get out.
I should have sold immediately this morning at 90 and switched to PMED...would have been a much nicer day. But now I am stuck and not really willing to take the 25% loss so I guess I will wait and see what happens.
I mean the fundamentals for the company haven't changed from when it was 23 cents, so I believe we could be right back at those levels. My exit is 10-12.
Posts: 688 | Registered: Aug 2005
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posted
Last 2 days there was a last minute eod run, really last minute. See if it happens today.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
L2's actually look good, 2 at 6 and 2 at 7. but the stock is moving no inch.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
for those in this above .065 take advantage of this and average down,looks like it may test .05 flat into late today and maybe tomorrow. Remember this is a mid to long play,not for flipping or scalping.
posted
Jeeez. I expected this stock to come down but not to the 40's actually.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
Careful, L2s show 5000x 0.049 on the ask then nothing til 15000x0.06 and 10000x0.07. Looks like a big shake to me. We'll see.
Posts: 133 | From: Blacksburg, VA | Registered: Sep 2005
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posted
From reading Quests messages, I've known since message #1 that this is a mid to long hold. I'm going to hold tight thru the dips, but holy moly! This one is the king of dips!!
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
see that? I put in a 200k buy at .048 and they boosted the bid and ask up,this is typical in the pennies with low OS and float,they can duck over buys and sells quick if the MM's need inventory. >
posted
Could someone please tell me when this stock ran to .09??? i had it covered all day & it started out at .083, & that was the highest. What time did it go to .09?
Posts: 200 | From: San Bruno, Ca. USA | Registered: Jun 2003
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posted
I just wish I'd either (a) waited for it to drop this low before buying or (b) sold it at today's high and then bought back in at this low. Instead I watched the stock turn greener and greener, and then drop until I was all red red red... depressing. But I'll keep holding. This one will work out well in the end, I think. Just not today. And by the time I've had my spare funds settle, it'll likely be too expensive to buy more (let's hope).
I've gotta learn how to wait for the real valley's and sell at the real peaks -- I'm always misjudging. I think 98% of the stocks I've owned where I've lost money (or at least haven't made nearly as much as I should have) were due to not knowing when to best hold and when to fold. I've rarely bought into a stock that was a complete dud -- they're just duds when I sell 'em.... Posts: 249 | From: NYC | Registered: Sep 2005
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posted
Good morning people! Here's some news for ya.
CalbaTech Featured in Drug Discovery News Article Wednesday October 12, 5:00 am ET
IRVINE, Calif., Oct. 12 /PRNewswire-FirstCall/ -- CalbaTech, Inc. (OTC Bulletin Board: CLBE - News), an emerging life sciences company (http://www.CalbaTech.com) concentrating on providing products and platforms to the research market for biotech and pharmaceutical companies and to academic institutions, recently was featured in Drug Discovery News (http://www.drugdiscoverynews.com), which is a newspaper on the Internet for the pharmaceutical industry. The story follows in full: ADVERTISEMENT
In announcing plans by its Columbia, Md.-based subsidiary K-D Medical to acquire a new facility with two validated, class 100 clean rooms, CalbaTech not only had expanded manufacture of products on its mind, but also the opportunity to profit by leasing part of the new space to other companies -- some of whom could be engaged in drug discovery efforts.
Previously, K-D Medical's facilities consisted solely of a 7,000 square foot operation located between Baltimore and Washington, D.C., near the National Institutes of Health (NIH)-- for which K-D Medical is a "primary vendor," according to CalbaTech. That facility, like the new one, has two clean rooms for sterile production, as well as a room for contract medical packaging, a warehouse and a walk-in cold box.
Of direct and primary interest to K-D Medical and its parent company, CalbaTech, is that the additional space will provide for expanding the current custom product offerings and better serving the needs of both existing and new customers, including drug discovery companies, drug production operations, universities, government agencies and others in the pharmaceutical market.
K-D Medical's founder, John Powers, adds that the new clean rooms -- along with a complete quality control laboratory at the new facility -- will also allow the company to manufacture higher quality products.
"This is a very good position for us, as we increase sales to the National Institutes of Health, major universities and pharmaceutical companies," Powers says.
In addition to expanding its manufacturing and client service capabilities, K-D Medical is also looking forward to leasing opportunities. One of the new clean rooms will be used solely by K-D, while the other one will be usable by contract customers.
"These new facilities allow K-D Medical to open new manufacturing and clean room leasing opportunities with pharmaceutical and other companies, opportunities that did not exist prior to this," says James DeOlden, chairman and chief executive officer of CalbaTech. "We are very bullish on our subsidiary's future."
"There are two types of potential customers for K-D through the new facility," Powers reports. "First, the incubator company who needs clean room operation capability and second, the large pharmaceutical company who may want to run prototype or small batch productions for research use only."
K-D will offer the opportunity for companies to utilize the approximately 1,000 square feet of available class 100 clean room, along with the adjacent 4,000 square feet of fully furnished and fitted laboratory space, Powers says, adding that the facility is ISO 9002 certified and FDA compliant.
"K-D is of the belief that a need exists for various companies who cannot afford the capital expense of approximately $100,000 to establish this type of high-end clean room and laboratory," Powers explains, "or who believe that such space rental at the K-D facility would allow them to maximize their existing production facilities, and to do so in our facility on a daily, monthly or annual basis."
CalbaTech provides products and platforms to the biotech and pharmaceutical research market and to academic institutions, while K-D Medical is focused on manufacturing bacterial and yeast growth media, microbiological biological buffers and reagents. As of the filing of its 10KSB documentation in May, K-D Medical's production was more than a half million liters of molecular biology reagents and buffers and nearly three quarters of a million bacterial and yeast biological media products yearly -- which were sold to "every major pharmaceutical company" in the United States, according to CalbaTech.
The announcement of the new facility acquisition was followed a day later by CalbaTech's announcement that its overall corporate revenues for the six months ended June 30 totaled $625,345, up from $58,217 for the same period in 2004.
That announcement also had good things to say about K-D Medical, particularly in relation to another CalbaTech subsidiary, Molecula, which provides antisense oligonucleotides to researchers worldwide.
"We are confident that Molecula and K-D Medical will continue to complement each other and that our cross-marketing plans will allow these two subsidiaries to generate $1.5 million in revenues in the current fiscal year," DeOlden noted in the revenue announcement.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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The best thing you can do to learn exit and entry points is to learn the charts and monitor the DD. If you follow discussion thread hype you will get burned every time.
I think part of the drop yesterday was due to PMED. Most people don't have money just laying around and is usually tied up in stocks. So with the PMED announcement alot of selling CLBE and AMEP was going on so they could get into PMED.
Just a day or two before the big hype on CLBE was that it was headed to .20 so people were chasing the stock trying to buy in and most likely bought high but the charts said it was about to take its normal dip and that's exactly what happened.
When that happens you can make a choice whether to try and average down or just hold and ride out the dip, both are a risk. Personally I like to average down if I have a lot of confidence in a stock and this one I do.
Amep on the other hand even according to the charts was primed for a run yesterday but didn't happen but then that was pretty much across the board so it looks to rebound especially with more news today.
Keep your chin up and take the necessary time to learn the charts is my advice.
-------------------- Pennies...Get in, Get out, Get a profit! Posts: 352 | From: Killeen, Texas | Registered: Nov 2004
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posted
Zgore...CLBE will go to .20 and more imo and near term to.When I posted the pick I clearly stated mid to long play,this also makes allowances for flippers and DT's. This is just getting into the spot light as you can tell by todays PR and more to come.
posted
No doubt Quest I think it will even go higher mid to long term, I was just using that as an example of how most newbies mess up by following the discussion threads short term and up buying high and then are upset when the PPS falls on a dip.
-------------------- Pennies...Get in, Get out, Get a profit! Posts: 352 | From: Killeen, Texas | Registered: Nov 2004
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