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re: Dollar Stocks

Posted on 8/7/13 at 10:34 am to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89613 posts
Posted on 8/7/13 at 10:34 am to
quote:

Grade A pump and dump.


The earnings report on INO is due tomorrow. Is this insider dumping now? There is an expecation they're going to go from -$0.04 to -$0.02 per share, which is decent improvement, although still losing money.

I'm intrigued, but somebody doesn't like it the past few days, that is for sure.
This post was edited on 8/7/13 at 10:35 am
Posted by chickman1313
Mandeville
Member since Dec 2007
4922 posts
Posted on 8/7/13 at 10:46 am to
yeah, i was going to jump in, but it appears someone knows something we don't.

if the earnings are due tomorrow and the price is dropping this much today, I have to think this report will be less than favorable
Posted by RemouladeSawce
Uranus
Member since Sep 2008
13984 posts
Posted on 8/7/13 at 10:57 am to
(no message)
This post was edited on 8/7/13 at 11:05 am
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 8/9/13 at 4:42 pm to
quote:

There is an expecation they're going to go from -$0.04 to -$0.02 per share, which is decent improvement, although still losing money.

It went the other way, a loss of -$.06/share for the second quarter and -$.12/share for the first six months.

INO is down about 45% from its peak on Tuesday and about 12% in after-hours trading today after falling almost 10% during the day today.
This post was edited on 8/9/13 at 4:47 pm
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