Last Novembrrz ShortSqueeze SuprrPlay iz Bakk in Akshun
Now in tha
/// L-O-A-D-I-N-G Z-O-N-E ///
Here cumz tha
B-R-E-A-K-O-U-T
Tha TargItt IZ $2.5
Remembrr,, we Took a Hammrr to Shortyz AutoTrade Machine in Novembrr nn Grabb-ed Sum Tikkz,, Shorty Used Sum DukTape to Tape it bakk 2getHer,, But Therez Alreddy Smoke Startin 2 Cum Out Tha Bakk...
Tha BarBarianz rrr... At Tha Gatez!!
Very Gud SumMary My Friendz Rote Up Here:
Poniard Pharmaceuticals, Inc. to Present Additional Cancer Treatment Data Found Significant by TapeBeat.Com Investors Thursday 01/14/2010 3:37 AM ET - Prweb
Related Companies Symbol Last %Chg PARD 2.15 3.86%
As of 11:06 AM ET 1/14/10 TapeBeat.Com (http://www.tapebeat.com), the community portal for the serious biotech investor has posted research on Poniard Pharmaceuticals, Inc., a biopharma company focused on the development and commercialization of oncology products. In recent months, the stock went down almost 70% from its high of over $9 to under $2. Recent activity on Poniard Pharmaceuticals, Inc. noticed by the TapeBeat.Com community is suggesting that the downtrend may have ended and the stock poised to rally. Savy investors seem to see a tremendous value in PARD with both concrete plans and the cash to achieve them. A 'short squeeze' could set up around these date certain news events in January, March and June. For the full article visit TapeBeat.Com (http://www.tapebeat.com/Companies-Profiles/poniard-pharmaceuticals-oversold-undervalued-and-poised-for-a-short-squeeze.html) to get more details on the company's solid financial cash position, promising events in the near future, the science of the drug candidate. it's uses, as well as a technical analysis of the stocks price movements.
1. PARD will present additional data from their Phase 2 trial using picoplatin in colorectal cancer (CRC) on January 24, 2010 at the ASCO 2010 Gastrointestinal Cancers Symposium in Orlando, Fla.
2. PARD will present data from their Phase 2 trial using picoplatin in prostate cancer on March 5th, 2010.
3. Submit SPEAR efficacy and safety data for the American Society of Clinical Oncology (ASCO) 2010 Annual Meeting taking place June 4-8, 2010 in Chicago.
4. A massive short covering rally (with a current 20% - 25% short interest) may trigger caused by upward momentum from investors.
5. Talks with the FDA for a path forward for picoplatin in small cell lung cancer (SCLC) in the first half of this year.
6. More updates from trial of an oral formulation of picoplatin, which were presented in 2009, may also occur during this time.
7. PARD fundamentals: Picoplatin avoids many of the toxicities of the widely used platinum drugs, which represent an almost $4 billion market in the US. PARD currently has about $40 million in cash to continue to develop picoplatin and break into this large market.
8. Technical rally: Technical indicators show that PARD may be oversold (note again the large short position), with a strong trend of accumulation and a bullish moving average crossover imminent.
With data from approximately 1,100 patients treated with picoplatin in lung, colorectal, prostate and ovarian cancers, there is a lot of data available to suggest the likelihood of its success in clinical trials.
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