The main thing I was wanting to know is why the stock dumped Jan 2000 and never recovered. Then another hit in 2006. Ive looked around and couldnt find a reason why.
Question about GOVX
- Thread starter bubbas1
- Start date
govx traded below or around $2 before 1999/2000.
followed about 4-5 jr. (bio-tech)/drug stocks and they all made a good move in 1999-2000. ...well most.
funding was easy or far easier than now, brokerages would give these companies coverage, (funny how that works..lol), and there would be plenty of conferences to (hype) talk about the future.
most had interesting research, and it was thought could make large strides in curing cancer, heart diesease...ect.
anyways this stock was around 2 and then took a great run in early 2000 to over 9, then by 2000 it falls back and just flatlines.
could not find any news but sometimes a brokerage, or a seminar could bring in plenty of buying interest....those days are gone for now....
when the sci-tech ended, then the chance for easy money which most of these companies needed for research ended.
followed LOR (Lorus on Toronto ) they had some interesting work on Cancer, never worked out, and money dried up quickly.... these are for trading more than buy and hold.
thanks
selkirk
followed about 4-5 jr. (bio-tech)/drug stocks and they all made a good move in 1999-2000. ...well most.
funding was easy or far easier than now, brokerages would give these companies coverage, (funny how that works..lol), and there would be plenty of conferences to (hype) talk about the future.
most had interesting research, and it was thought could make large strides in curing cancer, heart diesease...ect.
anyways this stock was around 2 and then took a great run in early 2000 to over 9, then by 2000 it falls back and just flatlines.
could not find any news but sometimes a brokerage, or a seminar could bring in plenty of buying interest....those days are gone for now....
when the sci-tech ended, then the chance for easy money which most of these companies needed for research ended.
followed LOR (Lorus on Toronto ) they had some interesting work on Cancer, never worked out, and money dried up quickly.... these are for trading more than buy and hold.
thanks
selkirk
Very nice run up today. Highest single volume day over the past year.
Thinking it has to do with the presentation coming out on Tuesday. Its suppose to be an update on the phase 2a trials and plans for the upcoming theraputic human vaccine trials. Hopefully all good news.
Bought some stock last year and then again last month. For me I am just sitting and holding. Never bought stocks before and this is purely a "hunch" play for me. Extremely risky but its doing better than my 401k right now.:142smilie
Thinking it has to do with the presentation coming out on Tuesday. Its suppose to be an update on the phase 2a trials and plans for the upcoming theraputic human vaccine trials. Hopefully all good news.
Bought some stock last year and then again last month. For me I am just sitting and holding. Never bought stocks before and this is purely a "hunch" play for me. Extremely risky but its doing better than my 401k right now.:142smilie
Nice ending Friday. I looked around and couldnt find a reason for it to go up like that. Earnings report came out Wed but that shouldnt have made it go up...they lost money.
Doubled my investment. Still just going to sit and wait. Can go down just as fast as it went up.
Doubled my investment. Still just going to sit and wait. Can go down just as fast as it went up.
Sold half my shares today. Got my initial investment back and now I can take a free ride.
Will buy back in at .10 or .11. They are attending a Bio Conference next week. If it goes like the last one no significant news will come out and the stock will drop back down.
Cant see anything significant because its to early for results on the latest 2A trials and therapudic trials wont start till later in the year.
So in the end it looks like I will be using selkirks advice. Buy and Sell
Ultimate goal for me is to get 20k free ride shares one chunk at a time.
Will buy back in at .10 or .11. They are attending a Bio Conference next week. If it goes like the last one no significant news will come out and the stock will drop back down.
Cant see anything significant because its to early for results on the latest 2A trials and therapudic trials wont start till later in the year.
So in the end it looks like I will be using selkirks advice. Buy and Sell
Ultimate goal for me is to get 20k free ride shares one chunk at a time.
bubbas their has been a great rally in penny stocks. this probably helped your stock....the conference also would help.
the small cap sector has been crushed and many stocks that had good news were ignored...and did not do anything two months ago.
also there is a great number of penny stocks that look like their are going to zero, they even rallied, of coarse in the end probably will go to zero..
ie. GM, rallied on the day they announced their results, because though -6 billion is never good, it was better than the brutal expectaitons...still will go to zero.
best of luck on the stock, will have to look at some of these, just unsure of the market direction.
great move, taking the orginal stake out, know many investors who will ride a stock up and not take any gains or orginal investment out, and even ride it back down....
thanks
selkirk
the small cap sector has been crushed and many stocks that had good news were ignored...and did not do anything two months ago.
also there is a great number of penny stocks that look like their are going to zero, they even rallied, of coarse in the end probably will go to zero..
ie. GM, rallied on the day they announced their results, because though -6 billion is never good, it was better than the brutal expectaitons...still will go to zero.
best of luck on the stock, will have to look at some of these, just unsure of the market direction.
great move, taking the orginal stake out, know many investors who will ride a stock up and not take any gains or orginal investment out, and even ride it back down....
thanks
selkirk
