JoeForkeyBolo
1 month ago
Here's the really sad part. Had the fake stock analyst invested that $20K equally into the Magnificent 7 stocks (Alphabet/Google, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla) on July 28, 2020, and reinvested dividends, that $20K investment would now be worth $79,810 today, which is an annual return of 33.42%.
The fake stock analyst would do much better in reputable companies listed on major exchanges, instead of peddling in penny stocks. I imagine that's true for most investors. I've certainly learned my lesson. No more penny stocks for me, EVER.
Results from Portfolio Backtester
https://testfol.io
JoeForkeyBolo
2 months ago
IBIO back in delisting territory. Another great stock pick by the fake analyst, who will certainly be posting "BUY! BUY! BUY!" after IBIO undergoes the 4th reverse split in 7 years.
I wonder if the fake analyst was still invested in Rite Aid when they recently announced their second bankruptcy, where all common stock is cancelled, resulting in 100% loss for common shareholders. On a positive note, his IBIO shares are only down 99.9875% so not a total loss like Rite Aid, and according to his posts he still holds 100% of his AMBS shares from his six-figure investment there. AMBS never did a reverse split, so that loss is only 99.8%.
Where did the fake stock analyst get his investment training? Was he awake or even present during the classes. Probably skipped classes to go surfing, and giving beachgoers a good laugh.
JoeForkeyBolo
2 months ago
Yeah, that's a mistake many rookies and newby investors make, not being able to distinguish between stock purchases in the secondary market, or previously awarded stock options being exercised. With great DD like that, it's no wonder every investment this analyst touches is a disaster leading to catastrophic losses and financial insolvency.
The question is: Can the analyst figure out a way to blame the IBIO CEO for his losses? My bet is YES, based on past behavior that is well documented.
redspeed
2 months ago
The self proclaimed stock analyst still doesn't know how to read filings
JPetroInc
Friday, February 28, 2025 8:02:16 PM
Post# 27607 of 27631
Form 4's - simply stunning quantity of buys from insiders
https://ih.advfn.com/stock-market/AMEX/ibio-IBIO/news
March 4th is iBio's Nasdaq uplisting
thinking they have major news to announce - on top of the Nasdaq milestone uplisting
Prolly doesn't know about these new fangled things called 'Stock Options' and RSU.
https://ir.ibioinc.com/sec-filings##document-19018-0001104659-25-016298-2
These options vest as follows: 25% of the shares of common stock underlying the options granted will vest on the one-year anniversary of the grant date and after the one-year anniversary of the grant date, 6.25% of the shares of common stock underlying the options granted will vest for each additional three months of employment, provided that the reporting person remains employed by iBio, Inc.
JoeForkeyBolo
2 months ago
It's not possible to be down 1000's of percent, as 100% is the maximum when the investment is worth zero. But I certainly understand how it can seem someone is down that much, given the track record.
But considering how long the fake analyst has been buy IBIO shares and how many times those shares have been reduced in the previous three reverse splits, it's a fair guess he is down >99.75%. The analyst might be headed for more catastrophic losses, although I don't recall seeing any posts boasting of six-figure investments in IBIO as in other failed stocks.
Correction... not headed for, as the current share price indicates catastrophic losses have already arrived.
Just wait until IBIO pivots again to another untested strategy, and the fake analyst will enlighten us with many posts about how the future is bright for IBIO and investors should be loading up on shares. Same investment strategy the analyst uses with MONI, and we all know what a loser that is. At least IBIO has/had some revenues and appears to be a legitimate business, although a failing one, where the other investment is clearly an pump-and-dump scam that's easily identified by anyone not stuck as a bag holder of worthless shares. IMO, they're all just pumping it so they can get newbie naive investors to buy their shares. Then, wash - rinse - repeat as they've always done.
JoeForkeyBolo
2 months ago
From ChatGPT
IBIO has executed three reverse stock splits in its history:
June 11, 2018 β 1-for-10 Reverse Split
Each 10 shares of common stock were consolidated into 1 share, reducing the outstanding shares from approximately 115.9 million to 11.6 million.
October 10, 2022 β 1-for-25 Reverse Split
Each 25 shares were consolidated into 1 share, decreasing the outstanding shares from about 225.2 million to 9 million.
November 29, 2023 β 1-for-20 Reverse Split
Each 20 shares were consolidated into 1 share, reducing the outstanding shares from approximately 28.1 million to 1.4 million.
During the 2023 reverse split, the authorized number of shares remained unchanged. The company's Certificate of Incorporation was amended solely to effect the reverse stock split without reducing the authorized shares.
Some investors are still buying this TURD even with 3 reverse splits in the last 7 years and looking like another one on the way, given the lack of investor interest in the business model of IBIO since the move from AMEX β last trade at $6.33 β to NASDAQ β last trade at $1.21. Another delisting notice likely on the horizon, followed by yet ANOTHER REVERSE SPLIT to remain listed.
IBIO has turned out to be a terrible investment, so one has to wonder why there has never been any admission of being WRONG, contrary to the BS statement made. In fact, the response to IBIO's continued decline with no real strategy for business success is to continue to BUY BUY BUY!!
In prior failed investments, it's never the investor's fault when they invested six figures in a penny stock with zero revenue or products on the market. Did you ever see one admission of being wrong? I certainly didn't. However, there were about 2,000 posts blaming the CEO for the financial insolvency and catastrophic losses resulting from the investment made.
I have seen posts from other investors who made similar investments and after losing it they did admit their mistake and took responsibility for their decision, and didn't blame the CEO. At least some investors have probably learned from their mistakes and made better decisions going forward.
redspeed
2 months ago
JPetroInc
Thursday, April 10, 2025
Post# 102492 of 102521
no. I mean what I say, and say what I mean.
I don't have the luxury of time to mince words or leave the room guessing. If I'm wrong, I'll promptly admit it, and then fall on my proverbial sword. That's just how I roll.
Wonder why one without the 'luxury of time' or more hysterical says...
"leave the room guessing"
Never admitted they were wrong when pumping IBIO when the stock with reverse split 1000's of dollars?
All the while pretending to be a stock analyst AND telling investors on this board to BUY BUY BUY without any traning, certifications or licenses to give stock advice.
redspeed
3 months ago
Why is IBIO stock going down?
ChatGPT said:
iBio Inc. (IBIO) has experienced a decline in its stock price due to several factors:?
Public Offering at a Discounted Price: In December 2023, iBio announced a public offering of 2.25 million shares at $2 each, significantly below the prior closing price of $2.70. This offering raised concerns about shareholder dilution, contributing to a 41% drop in stock price at that time.
INVESTORPLACE
?
Reverse Stock Split: In November 2023, the company executed a 20-to-1 reverse stock split, reducing the number of outstanding shares from approximately 28.1 million to 1.4 million. While reverse splits can increase share prices temporarily, they often signal financial distress and can lead to decreased investor confidence. ?
Financial Performance and Cash Flow Concerns: For the fiscal year ending June 30, 2024, iBio reported a net loss of $24.9 million, an improvement from the previous year's loss but still indicative of ongoing financial challenges. The company also faced negative cash flows, raising concerns about its ability to fund operations and growth initiatives. ?
Insider Selling and Dilution Risks: There have been instances of insider stock sales, which can be perceived negatively by investors. Additionally, previous agreements, such as those with Aspire Capital Fund and Lincoln Park Capital Fund, involve the issuance of substantial shares, potentially diluting existing shareholders and impacting stock value. ?
These factors collectively have contributed to the downward pressure on iBio's stock price.
redspeed
3 months ago
On February 10, 2025 PR they said revenue of $0.2 million was reported for services provided to a collaborative partner during the quarter ended Dec. 31, 2024.
R&D and G&A expenses for the second quarter of fiscal 2025 totaled approximately $4.6 million
Cash, cash equivalents and restricted cash as of Dec. 31, 2024, was approximately $7.2 million, inclusive of $0.2 million of restricted cash.
Lets be generous and add the $650,000 by the members of its Board of Directors and Officers
Why only $650K though for this "Gold Mine".
Was it to give the illusion to save their RSUs and Options?
Using 'simple math' the company had $7.2M in cash in December. Add the $650K
They are currently throwing over $1.5M out the window per month.
That gives the company approximately cash for FIVE months
Jan., Feb. Mar, Apr, May
Who is going to pony up $10M more to keep the boat afloat this year?
JoeForkeyBolo
3 months ago
Why is iHub still showing AMEX?
Probably because the $6.33 price for the last trade on AMEX is a hell of a lot better than the current $4.50 price on NASDAQ, and IHUB wants to keep IBIO investors from sinking into depression. IBIO share price has been on a steady decline since the move to the new exchange.
Some have posted the move to the NASDAQ exchange would be "revealing", while the company CEO tried to spin it as a positive move for investors. So far it's very revealing.
Perhaps someone is investing another six figures here, loading up on cheaper shares as the price continues lower, assuming they have that much remaining after previous catastrophic investments... clicking the BUY button with one hand while eating a slice of delicious Domino's pizza with the other hand.
Notice the sour look on the investor's face. Even a slice of delicious Domino's pizza can't change the fact they've picked another loser investment, and trying to save face by averaging down as the share price continues to tank. No zip code change in this guy's future.
redspeed
3 months ago
What?
Great to hear from you.
"Your bs is done with IBIO Sir!!!"
I 'do' get why you are responding on Monday, January 20, 2025 12:32:13 AM
to a post I made SIX MONTHS EARLIER on Friday, July 26, 2024 7:57:30 AM LOL
Seems to be a 6 month reaction in hindsight, but I welcome and will return the favor in spaces
where I said...
Toast...
"We are filing this registration statement with the Securities and Exchange Commission (the βSECβ) using a βshelfβ registration process. Under this registered βshelf,β in the future, we may, from time to time, sell any combination of the securities described herein, in one or more offerings, up to a maximum aggregate offering price of $150,000,000. This prospectus provides you with a general description of the securities."
Hope spring internal.
Some have invested their kids tuition into IBIO only to send them to maid school.
Risk / Reward
JoeForkeyBolo
4 months ago
To be fair, I made the following request to the ChatGPT AI model:
Compare the listing requirements for NYSE American and NASDAQ Capital Markets, including requirements for a company on either exchange to remain listed.
βββββββββββββββββββββββββββββββ
A transfer from NYSE American to NASDAQ Capital Market can be viewed from multiple perspectives, depending on the company's financial situation, growth strategy, and investor perception.
Is It Easier to Meet NASDAQ Capital Market Requirements?
In general, NASDAQ Capital Market has slightly higher requirements than NYSE American in some aspects, such as:
β’ Stock Price: NASDAQ requires a minimum of $4/share for initial listing, while NYSE American allows as low as $2/share under some standards.
β’ Stockholders' Equity: NASDAQ requires at least $5 million for initial listing (under the Equity Standard), while NYSE American requires $4β$6 million depending on the listing path.
β’ Market Capitalization: NYSE American has an initial market cap requirement of $50 million (or lower in alternative standards), while NASDAQ Capital Market has a lower continued listing requirement at $35 million.
If a company is struggling to meet NYSE American's continued listing requirements but still qualifies for NASDAQ Capital Market, the move can help avoid delisting and provide a fresh start on a well-recognized exchange.
How is the Move Perceived?
β’ Neutral or Positive: If the transfer is due to a strategic decision (e.g., better alignment with NASDAQβs technology-focused investor base), it may be seen as a neutral or positive move.
β’ Negative: If the move happens because the company fails to meet NYSE Americanβs requirements, investors might see it as a downgrade or a sign of financial trouble.
Other Considerations
β’ NASDAQ has a more tech-friendly reputation: If the company operates in tech, biotech, or growth industries, moving to NASDAQ might attract more institutional and retail investors.
β’ Market Perception Matters: Investors may view a transfer as an attempt to avoid delisting if the company struggles to meet NYSE Americanβs standards.
β’ NASDAQ offers lower listing fees: Annual fees on NASDAQ Capital Market tend to be lower than on NYSE American.
Final Verdict
β’ If the company voluntarily moves for strategic reasons, itβs a neutral or positive shift.
β’ If the move is forced due to non-compliance, it may be seen as a negative signal by investors.
β’ While the requirements arenβt significantly easier, NASDAQ Capital Market does offer a lower continued market cap threshold, which might help struggling companies stay listed.
JoeForkeyBolo
4 months ago
This is a transfer from NYSE to NASDAQ. Not the same thing as uplisting. NASDAQ's Capital Market requirements are less stringent than NYSE American and easier for IBIO to remain listed on a national exchange. In that regard it could be viewed as a necessary move for the company. The last paragraph below spins it as a positive move, but that's what companies do. Maybe it will be. But no one should be fooled into believing this is an uplisting that occurs when a company is moving to the next higher tier of corporate and financial performance.
March 4th is iBio's Nasdaq uplisting
iBio to Begin Trading on the Nasdaq Stock Exchange
SAN DIEGO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- iBio, Inc. (NYSEA:IBIO), an AI-driven innovator of precision antibody therapies, today announced that iBioβs common stock has been approved for listing on the Nasdaq Capital Market and iBio will transfer its stock exchange listing to Nasdaq Capital Market from the NYSE American. The Company expects to begin trading as a Nasdaq-listed company on Mar 4, 2025, and will continue to trade under the symbol βIBIO.β The Companyβs common stock will continue to trade on the NYSE American until the market close on Mar 3, 2025.
Martin Brenner, Ph.D., DVM, iBioβs CEO and Chief Scientific Officer, commented, βWe are pleased to announce our listing on the Nasdaq Capital Market and to join a community of leading biotech companies. We believe the move to Nasdaq will improve the visibility of our common stock, enhance trading liquidity in our shares, and provide us with greater exposure to institutional investors.β
https://ir.ibioinc.com/news-events/press-releases/detail/234/ibio-to-begin-trading-on-the-nasdaq-stock-exchange
tw0122
4 months ago
IBIO $5.68 coming to the rescue so munch for Chinese take out.. Bird Flu in Cats New Jersey
Two domestic cats in New Jersey have tested positive for the highly pathogenic avian influenza (H5N1) in Hunterdon County. One feral cat developed severe disease, including neurologic signs, and was euthanized. Another indoor-outdoor cat also tested positive, and tests on other cats on the property are pending.Additional Details:Symptoms in Cats: Clinical signs of bird flu in cats can include respiratory signs (discharge from the eyes and mouth, sneezing, coughing, difficulty breathing) and neurologic signs.Transmission: Cats can contract the virus through exposure to infected birds or other animals, contaminated environments, or by consuming raw/undercooked meat or milk from infected sources.Prevention: Pet owners are advised to avoid feeding cats raw milk or meat, avoid contact with sick or dead birds and wildlife, and thoroughly wash hands and change clothes after handling sick animals.Human Risk: While the risk of H5N1 infection to the general population remains low, close contact with infected animals can pose a risk. No human cases have been reported in New Jersey.Reporting: New Jersey residents should contact their veterinarian if they have concerns about their pets. Suspect feline cases should be reported to the New Jersey Department of Health at 609-826-4872 or zoonoticrn@doh.nj.gov.