Comments on: Genova Biotherapeutics is a perfect pump & dump

By: Watchlist for 11/11: The next GVBP! « Reaper Trades

Watchlist for 11/11: The next GVBP! « Reaper Trades — Wed, 11 Nov 2009 01:23:23 +0000

[...] is the new GVBP. [...]

By: Reaper

Reaper — Wed, 30 Sep 2009 19:25:07 +0000

You will be able to sell your stock when the stock re-opens for trading after the halt. It will likely open much lower than before the halt, though, so you will suffer a large loss if you owned the stock.

The halt will end on October 6th at noon. See the SEC press release (PDF): http://sec.gov/litigation/suspensions/2009/34-60708.pdf

By: nessie d

nessie d — Wed, 30 Sep 2009 19:09:18 +0000

GVBP What now it is suspended!!!!! ??????

Someone help me I don’t know what happens next! does it mean that all is lost?

By: dennis g

dennis g — Wed, 23 Sep 2009 17:39:15 +0000

This is breathtaking BS, folks!

“GENova Biotherapeutics Inc. (“GENova”) announced that it is preparing for patent application filings in both the US (at the FDA (U.S. Food and Drug Administration (www.fda.gov) for a 510(k) submission) and in Europe through EMEA (European Medicines Agency) subsequent to expected efficacious and non-toxic pre-clinical results for Prostaganin.”

First, what does FDA have to do with PATENTS??? Last time I checked they are filed at Patent and Trademark Office.

And second, 510k process at FDA is for medical devices approval. Drugs go under 505.

By: John Cash

John Cash — Fri, 18 Sep 2009 16:59:15 +0000

Facts :
Cheongam “University” is a Nursing School (college) with no Faculty of Medicine or research center of any kind… The Medical Information Department is where you go to see a nurse to ask questions about general health issues and certainly not stem-cell research !
There is no one with a Ph.D at Genova or any significant fumdamental and clinical research skills or experience… How can you “fast-track” Tetanolic acid and Prostaganin ( have you ever seen a scientific paper on those two ?) through the FDA without any credible scientific evidence or research in humans supporting your claims ?? FDA officials are not idiots (unlike so-called investors sometimes…)
If those two products are so hot, how come, Big Pharma, with their armies of real scientists, missed them or their incredible potential ?!! Genova a “take over target” !! What a joke…
The Bigger the lie, the more believable it becomes in popular culture…
This stock will tank all the way down to under $0.10 within a few days… Get out and salvage what you can now… Live and learn !

By: Reaper

Reaper — Thu, 17 Sep 2009 15:52:49 +0000

I don’t give personalized investment or trading advice. But in general, your entry point should not affect your decision. The question is do yo think it is going to go up or down? If you don’t know, then perhaps selling would be a good idea.

By: newtrader

newtrader — Thu, 17 Sep 2009 15:44:01 +0000

I bought gvbp @.30 and missed it when it jumped 1.18. it’s now coming down @ .50 should I sell at this point and take .20 profit? or you think it will go back up a little?

By: Reaper

Reaper — Thu, 17 Sep 2009 11:48:27 +0000

Ugh. I accidentally deleted the following comment from “trendpicker”. I really need to wait more than a few minutes before waking up before trying to be productive

Trendpicker wrote: “you just made out….you don’t pay back the funds that were deposited in your account….same as going to /00000000/”

I assume he was replying to the question by Island Minister: “Hey reaper- quick question: If you’re short a stock, and the SEC halts it, what happens to your shares?”

By: Tastylunch

Tastylunch — Wed, 16 Sep 2009 17:50:42 +0000

Type your comment here

Reaper : Yes. I wonder why Google considers that a “news article” though.

Bad algorithm I guess. They've considered some of my past blogs as "news" as well.

By: Reaper

Reaper — Wed, 16 Sep 2009 17:02:47 +0000

That was after it had already fallen to about .50 or so. At this point I wouldn’t short … the big drop is done. It will likely be choppy for days or weeks before the next big dump.