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Bullboard - Stock Discussion Forum Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > Idle Morning Thoughts
View:
Post by pelaboost on Feb 06, 2024 9:16am

Idle Morning Thoughts

I am snowed in, and whilst I am buoying myself to go out and shovel the snow, I am going to try and figure out whether to hold, buy, or raise a little cash by selling a few of my shares. I confess a  bias towards holding or buying a few shares, given the current price. Then again this precipitous drop of late concerns me; once I knew Anson was on the scene I expected the price to fall but not this far.

By the way Q, the correct spelling is altar; I know you know that. These barrages of negative posts from numerous posters are confusing. These posters tell us they do not want us to lose money. I am not convinced. If they really want the best outcome for folks, it might be best to say nothing and let us make our own decisions. That is not going to happen, so I have to conclude they are not acting in the best interests of shareholders. The choice of Anson is problematic, but it does interest me that they are interested, and I am guessing that they feel they have a winner in the end. I may be wrong and they are happy with just the shorting. I did like de G, and if MC did make disparaging remarks about him MC has fallen even lower in my estimation.

Why am I still here. GOBLET. ONC/ONCY had little to do with GOBLET beyond supplying pelareorep.

Conclusion:

I am holding my current position. If we have some clarity by the end of the month, I shall add a few shares. Acknowledging of course that a company with little capital and possibly an ATM in their hands is not ideal.
Comment by Lesalpes29 on Feb 06, 2024 9:58am
A well balance post. This play is more speculative than ever. I have money to buy more but I have the same sentiment of you for Matt. Will wait a positive sign before I buy more. GL 
Comment by CMHarring218431 on Feb 06, 2024 10:24am
I sense  a letdown by posters here, after the realization that ONC is hiring a CRO to manage the P3. CRO's are commonly found managing small biotech companies with the hope that their expertise will channel their drug toward commercialization faster and more efficiently. Are we to assume because of this new development that a buyout is not possible until they conclude their study. I ...more  
Comment by Azzak34 on Feb 06, 2024 11:07am
Then Posters need to reevaluate. Buyout is in the table at any time but more likely we announce partnership and/or AA. Once the SP starts going we'll likely listen to offers and let the auction begin. 
Comment by Buckhenry on Feb 06, 2024 11:29am
Give proof for your statement that a buyout is on the table assak....
Comment by Azzak34 on Feb 06, 2024 11:34am
Oh hey Buckster. A buyout is feasible at any time. How's that work for ya? Can you ask the dope Ion to also provide proof for his statements please? I know you're no hypocrite!! 
Comment by Buckhenry on Feb 06, 2024 11:45am
Note that assak changed his tune from a buyout is on the table to its "feasible at at any time"  these goofball pumpers have no credibility 
Comment by Azzak34 on Feb 06, 2024 11:54am
On the table means feasible at any time you literal idiot. 
Comment by Lesalpes29 on Feb 06, 2024 12:06pm
Stop losses reached or Matt is selling! Jocking here but it's not funny...
Comment by Buckhenry on Feb 06, 2024 11:54am
Down over 8%  how do you pumpers want to spin that this morning...
Comment by Azzak34 on Feb 06, 2024 12:05pm
No, no Bucko. Apply the same scrutiny to Ionc17s post please. I won't have people call you a hypocrite, not my lil Buck. 
Comment by venture009 on Feb 06, 2024 12:07pm
This whole thing is playing out like a Monty Python movie, "Tis but a scratch", and the cheerleaders are the black knight. What a joke this company is. The B of D should be sued for their inconfidence.providing the likes of MC to run a company who is unqualified to do so. A reverse split is looking to be more and more realistic, unfortunately.
Comment by Buckhenry on Feb 06, 2024 12:25pm
On the table means there is a  signed contract.  You pumpers have lied so much you believe your lies are true now. 
Comment by Azzak34 on Feb 06, 2024 12:29pm
Haha no it doesn't you fool. 
Comment by Buckhenry on Feb 06, 2024 1:04pm
Nasdaq  may need to pull that delisting letter out soon. 
Comment by Sunshiney on Feb 06, 2024 2:19pm
Hope that snow has melted in your region.  We usually have a very cold and snowy winter here.  Instead, we have had one week of unbearable freezing temperatures and only a few days of snow.  It's been rather nice!  I am income averaging on my shares.  I'm then keeping an eye on the chart for a dead cat bounce.  At that point I will sell.  It's been ...more  
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