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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a clinical-stage 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 responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to registration-enabling clinical studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Post by Noteableon Nov 19, 2022 1:14pm
473 Views
Post# 35112711

"Griproom" article - 10 signs your company is to be acquired

"Griproom" article - 10 signs your company is to be acquired

 

1. Management stops defending the stock price.

 

2. Social media posts are overly bearish and calling for the CEO’s removal.

3. Wild fluctuations in stock price.

Generally speaking, stocks shouldn’t move that much on a day-to-day basis. Especially in the absence of news. Unfortunately, the rise of cryptocurrency, tech, and meme stocks has conditioned some investors into think that wild swings are the norm.

They aren’t.


4. Large amounts of phantom premium are on the table.

5. Sneaky option trades.

6. “Sell this, buy that.”

Fake users on message boards are always trying to mess with you. These people can be bots or paid trolls employed by hedge funds or banks.

In the case of a buyout, their goal is to get you to sell. They do this in many ways, but the “Sell this, buy that,” technique is quite common.

They’ll say something like, “I’m so glad I sold $XYZ1 and bought $ABC2.”

Or, “This stock is garbage, I sold it and made my loss back with $ABC2.”

Their goal is to funnel you into something else.
 

7. Bizarre price action prior to upcoming milestones.

 

8. Resignations by high-level management or board members.
 

In a vacuum, the resignation of key members of a company can be seen as a bad thing.

But, if you believe that your company is planning to merge, or has secretly already agreed to merge, and the announcement might not be for several months, then the resignation of key employees can be seen as bullish.

This is true if you think the employee who resigned would know about the merger, and might also be redundant in the new company.

9. Your company is unloading assets that won’t fit well into a merged company.

Remember, mergers and buyouts can be years in the making. While your company is preparing for the merger, the buyer is as well.

Your goal is to establish a link between the asset dumping, and another company that wouldn’t need those assets. If you can establish several good links, then you might be looking at an upcoming merger.

Usually in a merger the acquired company will jump big time, and the buyer will drop a bit.

10. Your stock has become disconnected from reality

It becomes painfully obvious that your stock is being manipulated if instead of going up a little bit each day, it goes down a big amount.

The larger the spread between what’s happening, and what should be happening, the larger the chance of a buyout.

Another disconnect is sentiment.

The more ridiculous the price action, and the more ridiculous the reasons behind the price action, the more likely your company is to be bought out.

Wall Street is a treacherous place. Or, as Obi-Wan Kenobi put it, “You will never find a more wretched hive of scum and villainy.”


https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired


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