Oncolytics Biotech Inc T.ONC

Unnotable thanks for posting....are you a shareholder here?

[HarryCallahan45]

Sadly i have a large position that i may begin to unwind for exactly the reasons you have articulated....NO INSIDER OWNERSHIP.   None of the usual pumpers here have been able to articulate a reason why that is.  If we are about to "upend" cancer treatment...wouldnt those in the know be buying with both hands????  No one can answer....

[JohnnyYeg]

No insider ownership? As in zero shares owned by managment nor the board of directors? Really?

[unNoteable]

As in purchased on the open market. When James Mullen took over as CEO at EDITAS, he purchased 1 million shares at $46 a share... the price subsequently hit the low 30's, but what his action established was a sense of security. If the CEO is prepared to invest a higher price than the price dropped to, then that sets some kind of floor. The price is now in the mid 50's by the way. ONCY

[unNoteable]

Hi Harry, yes, I have a sizeable chunk of my portfolio in ONCY (more fool me). I've seen one too many false dawns, and swallowed the red pill some time ago regarding this investment. When you get emotionally attached to a stock, you end up seeing what you want to. It's not so much that my stock is at a modest loss (I averaged down), but it's the opportunity cost of not having invested