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Post# of 253591
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croumagnon

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croumagnon

Re: None

Saturday, 11/17/2007 4:07:13 PM

Saturday, November 17, 2007 4:07:13 PM

Post# of 253591
Is there a better bet than PP out there?

Personally, I do not think so and I am surprised that there is so litle interest in this stock on this board and also judging from its pitiful daily trading volume. I think it is an excellent Biotech Values stock and I am hoping to get some feedback from the knowledgeable posters on this board.

Here is a post I placed on the PP board yesterday that explains my viewpoint.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=24629969

_______________________________________________________________

"I think it is a good time to be accumulating..."

There is no doubt in my mind that this is the best small biotech stock to be accumulating at this time. The CEO is definitely in the know with respect to Wall-Street and small developmental biotechs, and their pipeline is super-impressive especially when you consider their orphan drug targets with potentially much bigger targets. Add to that the fact that the Free copper tester alone could make this company extremely profitable within a year and I think we are sitting on a potential gold mine here...

The only fly in the ointment that I see is the fact that nearly half the potential float is now a result of the newly exercised warrants at $2.2 and the trading volume is minuscule. That means that if these warrant holders want to sell their newly acquired shares, there will be a huge selling pressure on the stock for a long while. Nevertheless, I think many of these will hold their shares for the major upside, which is coming, and the explosive nature of this stock is very real. Also, AMEX listed stocks are usually not as manipulated as NASDAQ stocks and PP does not have options that could create all sorts of games....

This is a stock to be accumulating slowly but surely by buying some shares on a weekly basis and that is exactly what I have been doing with the aim of being fully loaded by the time this stock really takes off. As for the potential upside, I think it is humongous and although I can not put a target price on it at this point, I would think that this stock should be trading at a market cap north of $1 Billion within a year if they keep hitting on all their targets, which means that we have a potential 10 bagger here if not more...

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