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Bullboard - Stock Discussion Forum Sembiosys Genetics Inc. SBIYF

"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."

GREY:SBIYF - Post Discussion

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Post by 767pilot on Apr 04, 2012 9:16am

buying

I am going to buy some today......just to see if this is a false panic in an attempt to screw the average shareholder and/or get Tasly to pony up some money.
Comment by RE38 on Apr 04, 2012 9:23am
Well we have a month to see how it plays out. Probably list on the Venture. Although I don't see why whoever gave them money in Q4 wouldn't give them more given the deal that was signed. 
Comment by tryharderordietrying on Apr 04, 2012 9:35am
OMG RE what happened this was your goldmine YIKESSSSSSSSSSSSS
Comment by RE38 on Apr 04, 2012 9:38am
Yup...raped me of about half my EKG profits....so far....very nice... :/
Comment by AlfredFettucine on Apr 04, 2012 10:55am
Buying here too. Going to average down for when this flips over to the venture. WIll be worth more than a nickel soon. AF
Comment by xsnrg on Apr 04, 2012 11:02am
Thats what I am thinking, there are three possible outcomes to this: 1) They get financing 2) They get listed on the venture 3) They get nothing and this thing goes to zero We are trading like #3 is 100% going to happen, I could see #1, #2 or both #1 and #2 happening in which case we will be back to 8 cents in no time.  Or a buyout of our I.P. for 10 cents.  The play is REALLY risky but ...more  
Comment by AlfredFettucine on Apr 04, 2012 11:05am
At these levels, I suspect some major buying will be coming in throughout the month. Risk/Reward looks too good. Do not be surprised we move back past 5 cents in a hurry. AF
Comment by RE38 on Apr 04, 2012 11:23am
Once I got my head around this, I know it's worth more than dumping at 1-2 cents. Look at INT's 2010 financial statements. Ended Sept 30, 2012 - not ONE penny of cash, $9M in debt. They turned it around might nicely don't you think? Of course it resulted in them releasing 100's of millions of shares, but we only have 55M or so shares here. If they have to do a financing of 100M ...more  
Comment by hedgefundguy01 on Apr 04, 2012 11:24am
This post has been removed in accordance with Community Policy
Comment by hedgefundguy01 on Apr 04, 2012 11:26am
This post has been removed in accordance with Community Policy
Comment by xsnrg on Apr 04, 2012 11:29am
Your not the only one buying at 1.5, the bids are building.  I have to admit my first thought this morning was to sell everything I had at market but I am glad I took some deep breaths....the world isnt ending and we have a month to sort out everything.  Buying at 1.5 and selling at 3 sounds pretty darn good to me.  Selling at 4.5 sounds even better, thats an EKG-like return just ...more  
Comment by hedgefundguy01 on Apr 04, 2012 11:51am
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Comment by RE38 on Apr 04, 2012 11:57am
I'm still trying to get my 1.5's filled...another 15K to go but it's been sitting open for a while.
Comment by hedgefundguy01 on Apr 04, 2012 12:03pm
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Comment by hedgefundguy01 on Apr 04, 2012 12:06pm
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Comment by RE38 on Apr 04, 2012 12:08pm
do you see the ask L2? Last time I checked it was thin to 8 after the 2's but I don't have access at this very moment.
Comment by STOCKCEO on Apr 04, 2012 12:09pm
I am happy I got my 1.5c shares
Comment by RE38 on Apr 04, 2012 12:25pm
I think I can live with pushing the 15K that didn't get filled at 1.5 to 2 :p   I think something is up. I have never seen such aggressive bidding before. These aren't walls. No one would take such a huge risk with this type of news at 1.5 just to create a false illusion I don't think. They know something