Bullboard - Stock Discussion Forum Sembiosys Genetics Inc. SBIYF

Healthcare Biotechnology

"SemBioSys Genetics Inc is engaged in developing high-value proteins and oils in plant seeds using its unique proprietary genetic expression and manufacturing technology platforms. The Company has operations in United States and Canada."

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Sembiosys Genetics Inc. > GMP Dumping

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Post by Nemesis01 on Jan 28, 2010 1:43pm

GMP Dumping

This has to be the slowest share dump I have ever seen. Could anyone hazard a guess at what strategy is being employed here. Three days of selling 500 shares every couple of minutes seems crazy.

Picked up some more shares today. Still long on this one based on the value of its technology - not on its balance sheet.

Anyone guess where we will be when GMP stops selling?

GLTA

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Comment by Luxor63 on Jan 28, 2010 6:15pm

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Comment by Wormguy on Jan 29, 2010 4:11pm

Looks like the dump is done and we're clawing our way back up. I'm not sure counting the months of money left is accurate or helpful. If I had 3 to 4 months left of money and people lined up at my door to license my product(s) I would consider it to be time to decide. They have indicated in the news releases that they are talking to multiple parties about the Apo and ...more

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