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Bullboard - Stock Discussion Forum 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... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > the doomsday clock has restarted
View:
Post by itntdf on Dec 26, 2024 4:40pm

the doomsday clock has restarted

well, all the onc endtimes doomday sayers need to start another countdown to closing below $1 for 30 days.
Comment by Buckhenry on Dec 26, 2024 4:58pm
Has to close above a dollar for 10 consecutive trading days first. It closed at $1.00009 today... we on a roll girls. 
Comment by Buckhenry on Dec 26, 2024 5:54pm
Any bets on how much the buyout will be?  I liked it awhile back when we was going between 1B and 22B...
Comment by inthno on Dec 26, 2024 6:59pm
I cannot confirm but believe that as long as they are in compliance they only need to be one dollar for 1 day within the 30 day period. If they are not in compliance and receive a compliance letter then the sp has to then trade for 10 days to come back into compliance. That is why many companies will do the reverse split but that is not needed for onc as they are in compliance at this time.
Comment by inthno on Dec 26, 2024 7:02pm
The trick with nasdaq is I believe that the rule states that it is the minimum bid has to be 1 dollar so it is hard to see how nasdaq will interpret our sp at this time.
Comment by Buckhenry on Dec 26, 2024 7:03pm
Let me confirm for you honey... 180 calendar days The company has 180 calendar days from the date of the deficiency notice to regain compliance by maintaining a minimum bid price above $1.00 for at least 10 consecutive business days during the applicable compliance period (unless Nasdaq exercises its discretion to extend this 10-day period).Nov 14, 2024 Research is not hard today... it's ...more  
Comment by Peladawn on Dec 26, 2024 7:48pm
This post has been removed in accordance with Community Policy
Comment by canadafan on Dec 27, 2024 4:29am
Bucky the ten days above 1.00 onky counts i& tyey have received nitice, which they had not. trading above $1.00 reset the clock for another 30;days. and thee will be no problem closing swell sbove $1.00 next many days. jan 11th is a very promising opportunity. so, please stop your attempts at twisting things.
Comment by canadafan on Dec 27, 2024 7:57am
A lot of typos my last post. Did withiut my glasses. point form. oncy did not recieve the non- compliance notice, because they did not exceed the 30days, closing bellow $1.00 had they , Onc would have had to put out a N.R. Advising investors as such. they did last time. Was about 5 yrs ago, btw. Then the  30 days never came as the price spiked , quite well on a year end squeeze. That being a ...more  
Comment by itntdf on Dec 27, 2024 8:19am
yeah, poor bucky just doesn't understand or comprehend the written text.  reading comprehension is starting to be mastered at the 4th grade reading level.  another villiage evidently lost its resident idiot.
Comment by Buckhenry on Dec 27, 2024 10:29am
Most likely starting that 30 day clock today... please be patient girls. 
Comment by Buckhenry on Dec 27, 2024 10:37am
No one speculating on the upcoming buyout price??
Comment by spesestsemper on Dec 27, 2024 11:07am
my goal is anything over 500 million . 5 bagger from here . Want to be surprised but also realistic .
Comment by Buckhenry on Dec 27, 2024 11:33am
Oh my... you used that forbidden "realistic " word here. Don't expect a Christmas card from the forever optimistic club on here. I would like to see over 1B but at this point it's just time to sheet or get off the pot. 
Comment by venture009 on Dec 27, 2024 11:37am
Interesting action on sp. On TSX there are 3x more stock available for sale than on the bid, whereas on the NASDQ small amounts being traded, blocks of 100. 
Comment by canadafan on Dec 27, 2024 12:09pm
Regsrding Nas/ TSX trading unbalance. The TSX was closed yesterday, the Nas was not. Just my guess... Could be a catching up thing. Being both yr end tax loss selling and/ or profit taking. being there was significant volume leading up to the $1.40 +/- . That is a 25% increase from the not to distant low. Once the choppiness settles out, you will see the more normal ratio. Nas/ tsx As of noon, the ...more