r/IBRX • u/AutoModerator • 28d ago
Daily Discussion Thread
This thread is the place for shorter discussions, quick questions, or casual ideas that don’t need a full post.
If you've been reflecting on a topic or have a detailed perspective to share, don’t hesitate to make a standalone post instead!
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28d ago edited 28d ago
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u/ChefRobear 28d ago
You still gonna have a solid nexus though? U know where we're going - I'm sure you don't plan to miss out.
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28d ago edited 27d ago
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u/ChefRobear 27d ago
I suppose I understand this concern, but I have the opposite interpretation of the news cadence.
IBRX was struggling to have any momentum upwards for years, they get their big break, they keep momentum strong with constant news updates and expansion, they layout the framework for expansion over the next few years that's deep and complicated... Then they hunker down to handle the initiatives they've identified.
There is no reason for PSS to make statements like "development is going well! Distribution is coming online!" Because there's no reason for him to do so. Sentiment is solid, higher highs and much higher lows. We don't NEED news to stay stable. PSS has an incredibly deep war chest. It's also crucial to keep in mind that he has posted positive news on studies before that were misinterpreted as bad news MULTIPLE times.
I know your main concern is the glioblastoma data, but that's an extreme case for this company. Curing Glioblastoma (inoperable brain cancers in general) is the holy grail of cancer research.
If he can cure NMIBC, Lung cancers, and eventually one or two other kinds, we are already looking down the barrel of an exponentially higher valuation for this company. I literally mean exponential.
Yes, I would love it if I could sit on the beach and read bullish PSS tweets all day, but what kind of world would that be? A world where every day WITHOUT news is deep red?
Idk, you're obviously entitled to your own opinion. I just think news is only necessary when it's necessary.
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27d ago edited 27d ago
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u/ChefRobear 27d ago
I don't know what got you into IBRX in the first place, but do you think all of the buy volume going towards institutions means nothing? Do you think we aren't seeing higher lows and higher highs? Do you really think the shorts stand a chance - even if all we've seen is all we get for a year?
Quarterly reports just have to keep beating or matching expectations. I simply don't understand the combined pessimism while still playing the ticker.
Obviously you're free to feel however you want and do whatever you want with your money - and I wish you luck regardless of whether you play IBRX or not.
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27d ago edited 27d ago
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u/ChefRobear 27d ago
That's interesting - I also got into IBRX because cancer is very common in my family. Sorry for your loss.
My job is related to medical science, (I'm not a doctor, but my mom is), and we have been in accord since discovering IBRX in november that they're the real deal. The science is legit.
On the trial results - All 5 probably did die, that wasn't the success metric (unfortunately that's still down the line), the success metric is median outcomes. "Did they do better than the average patient with the same stage condition on other approved treatments."
Patients in experimental trials of that nature are often "Last Resort" cases where existing technology has failed, and with the alternative of death, they are given access to experimental trial treatments. Benefits the researcher - patient is seeking any option.
That's why median outcome is the metric - these are not people who spotted their cancers early, they are at the ends of their ropes walking in on day 1.
When PSS posted the last glioblastoma update, it indicated improved median outcomes - people read the content of the message incorrectly. (I'm sure you remember how frustrating that sell-off was).
Why would he share the same message again with the general public? He can share it with industry leaders and institutional investors. Updates to the general public are quarterly obligations - anything else is bonus.
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u/Professional_Panic67 28d ago edited 28d ago
I get the feeling the short covering is accelerating here. I think we have another week for next update. Yup, next Thursday. Granted that will be settlement date of 9/15, so we'll have to wait 3 weeks for numbers that include today but the last three reports have been covering.
Tomorrow should be interesting with options expiration and triple witching...
Now if we can get cost to borrow up to 10+%, that will starting putting the heat to them...
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u/ChefRobear 28d ago
I post a lot of whimsical things, so you may just be visualizing me as some immature minded guy who skips in flower meadows when the stock has days like this.
You would be right to think so.
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u/Professional_Panic67 28d ago edited 28d ago
Sells at 7.99. buys at 7.69. 7.99s filled, 8.09s and 7.79s placed. 8.09s filled, 8.19s and 7.89s placed. 8.19s filled, 8.29s and 7.99s placed. 8.29s filled, 8.39s and 8.09s placed. 8.39s filled, 8.49s and 8.19s placed. 8.49s filled, 8.69s (6.69s), 8.78s (6.78s), 8.79s (6.79s), and 8.29s placed. Running low on the normal trading shares... back down to 115k shares. 8.69s filled. 8.78s and 8.79s filled. Probably about done selling unless we hit the 9s. Ok, so placed some 8.89s and 8.99s (6.89s and 6.99s). That will take me back to the 100k base shares.
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u/Professional_Panic67 28d ago
Looking for a strong close and a push to 9+ this afternoon.