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Alias Born 04/19/2013

Re: None

Friday, 06/02/2017 10:03:20 AM

Friday, June 02, 2017 10:03:20 AM

Post# of 28484
Such an aggressive split ratio, which would increase PBIOs share price to $6.90, the equivalent of todays .23, well above nasdaq's required $4.00, suggests a drop in price is expected, post split

Remember, this split doesnt mean Mondays price is what nasdaq will use. PBIO first has to complete the S-1 offering to potentially get enough capital to qualify. Whenever that day comes is when the share price is important

Knowing the underwriter, support in the aftermarket will likely be very weak as their investors will surely be part of the selling that takes place.

In the long run, this could be the best deal PBIO could make but its not so great for current holders. Might wanna sit on the sideline until this blows over and buy back in later if your really like pBIO
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