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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: rllee who wrote (35472)9/27/2009 4:05:50 PM
From: Arthur Radley  Read Replies (1) | Respond to of 78748
 
Raw doesn't want to talk about those issues........but for the record, institutions have DUMPED about 25 million share in this jewel in latest reporting. Ask Raw, how much this operation lost in 2007, 2008, and so far this year reporting even greater losses. And now SEC questions have stopped dead in the water their plans to hold something called Annual Stockholder meeting.

He mocks ETMR, however, ask him how many shares the insiders and institutions have BOUGHT in the last few months....as I have. Biotech don't have income until they get product approved by the FDA...Let's see, RIOAK is trading for .85 cents, and ETMR was trading at .83 cents a few months ago and is now trading a $5.00....so one should ask......if it's at $5.00 how much will it be worth if they get FDA approval for addressing one of the nation/world's great health crisis. Raw paints the 'pie-in-the-sky' story.....I tell anyone...do your own DD.



To: rllee who wrote (35472)9/27/2009 4:15:56 PM
From: Rawnoc  Respond to of 78748
 
I'll bet Ariel threw up their lunch when they saw the earnings report out of ROIAK along with their forecast of it being at a bottom and disclosure of some massive share buybacks. :)

It's too bad they aren't joining the fat drug fad though.....LOL



To: rllee who wrote (35472)9/28/2009 9:56:40 AM
From: MikeS977071 Recommendation  Respond to of 78748
 
ROIAK has in-fact been continuing it's massive buyback. A few weeks ago I called the transfer agent to confirm the share count. Here is the history of the rapidly shrinking share count:

09/17/09 47,284,454
07/31/09 47,784,454
04/30/09 51,711,916
02/27/09 62,348,486
10/31/08 80,481,225