I am a psuedo-positive long!
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I agree! It's been said here many times, but the move from $1.00 to $2.00 will be harder than the move from $5.00 to $10.00. Once the lid is removed, we are off to the races!
PPHM closed at 1.645 and no blockbuster PR prior to ASCO. Yes, very disappointing. All hope now hangs on Monday pre market news. This shareholder is prepared to pull the plug and walk with my profits
So according to this data, 57% of the patients have experienced at the very least a stabilization of their tumors. With one patient in remission. I realize the size of this data is very small, and I'm not a science guy, but it sure sounds like if we can produce similar results in a larger study, we may have a game changer on our hands!
Enjoy the day!
Chenzo
Coming off of Wednesday's bear raid, could this article be a signal that the lid on our share price is about to be removed. Sunnier days are in our near future
Excellent point which I totally agree
Yes, that's the one
Correction: CP's post that I felt was a brilliant piece of detective work was #123527 not 123518.
Sorry board, its been a long day and the Makers Mark has kicked in
Chenzo
biofarm...That post is still available if you would like to copy and paste to your documents.
Go to CP's home page. Click "posts". Its the post addressed to Carboat 5/22 at 6:56. Not sure why it was deleted. It can't be referenced through the post number either....A true piece of brilliant detective work!
Chenzo
Cloaked, is there anywhere that one can view this? More in particular, is there documentation anywhere that shows the shorts trading back and forth to each other and how many weak hands they are able to absorb. I would love to know how many shares they are picking up.
A percentage would be interesting....say for every 200k they short back and forth, what would be the percent they collect in absorbed stop loss shares. Can you venture a guess?
Have to say, your post # 123518 had all the makings of an episode of Columbo. Raised eyebrow included!
Finally, I did glance 15" lower before I left the house this morning and it was definitely Ms Loren and not Mr Lauren ;)
Thanks for the education you are supplying here
Chenzo
sulaco...I had a response all typed up, full of venting, and ready to post; til I realized all I'm doing is fueling the basher's fire. I will take your advice, put PPHM on the back burner for a few days and return with a sunnier attitude.
My apologies to the board for venting my frustration the last two days. I'm not selling. Its weird, but I get the feeling its my shares they want.
Chenzo
I am so tired of this ~dark forces manipulating the share price down~ crap. I am looking at 14k shares for sale at $1.62 and yet no one is buying. That is the problem, no buyers. Doesn't anyone want to get in on this technology at bargain prices? I guess not.
The first domino fell Monday morning, in the PR'd phase III approval. The only problem is....It missed the other dominos!
Oh, by the way, that PR is now worth a whopping 7% increase. Wook, looks like you'll be able to buy them shares :)
Oh wait, the Dow is down off its highs, that must be it. No, no, maybe those European banks are closed again today. C'mon Man!!!
Chenzo
No Buyers an hour into trading on a morning where we were halted premarket and released Phase III approval. And zero buyers the following day. I don't buy the "markets were closed in some parts of the world" theory....very suspicious. No sellers, no buyers, just shorting.
Anyhow 4OurRetirement, thanks for the info and for venting with me. Looking forward to the next few weeks.
The wine was delicious; earthy like I like it, the wife will always be beautiful, the kids kept the peace, and living in So Florida can't be beat, especially for a golfer. Much to be thankful for. I will be patient, too much in the pipeline.
Typo correction: Its Loren; Lauren is one of our twin daughters.
Always get the Sophia Loren and Ralph Lauren mixed up
Chenzo
Apparently my expectations were a little high on the PhaseIII approval. After reading the responses to my posts, nobody else was disappointed with 10%.
Thank you to all who replied, and thanks for all the info and the "hang in theres". At the end of the day I still hold my shares in what may be groundbreaking technology in the treatment of cancer and am married to a most beautiful full blooded Italian woman (Sophia Lauren clone) I know. Gonna have dinner with my family, break open a bottle of red wine, and sneak to bed early (if the kids can keep from killing each other tonight).
Chenzo
Cloaked, I am definitely not expecting a smooth trip up. This is going to be one of the bumpiest rides any of us will ever be on.
I did expect more then a three hour rally on a PR that many said would never happen.
I don't have any stops put in, I am in under $1.00, and probably have gains better then a lot here, so I should just shut up, but had to vent my frustration. Jeeez!
I don't quite get the "they are after your shares concept". Especially for PPHM. Going by Loof's contest, I would say we have at least 80-90 long timers and firm holders/believers on this board who own millions of shares and are not parting with them. Is all this effort the bears go through; and risk getting caught in the trap, all to grab a bunch of small fish and their 2k share holdings? To me it doesn't make sense. We, the bigger fish are not selling. You stated that this morning, "there are no sellers", again, who's shares are they after? And is it worth the risk?
Thanks for the "hang in there" :)
Chenzo
You mean gave up half our gain on 3mil volume...I'm frustrated.
All weekend I defended and warned about getting caught on the wrong side of this trade. And here we are 10% higher on news of FDA phrase III approval. What a joke, and it doesn't look like the shorts are afraid as they keep piling on. I guess the mouse trap's teeth aren't as sharp as I thought.
Sorry for being negative but honestly I was alittle disappointed in yesterday's price action also. Halted pre market a gap up and we end up only 17%. I was expecting a lot more from one of our catalyst being announced.
I'm sure the likes of Frustrated, Carboat, and h4b will jump all over this post, but I had to vent....I expected much more then a half day rally out of Phase III approval.
Could use some "Hang in there" right about now
Chenzo
Keep sticking your nose the mouse trap
(My last post to you on this matter)
Wouldn't bet my house or my wife either(she is way too pretty). The "tainted results" are priced into the share price.
Look at it this way....you and I are playing the roulette wheel. You have red(short) I have black(long). We both bet $100.00.
The ball lands on red and you win, you get your 20% (what you are looking for in your short) or 120.00. Now I spin and get black. The way I see it I get 300% (pps jumps to $5.00 on FDA approval) or $400.00. I'm liking this game!
Now lets get real about the game we are playing...I am long, you are short. We are playing roulette against each other. You spin again and get red....I lose 20%, give you your $20.00 for every $100.00 you bet. I'll pay that. I spin, its black....you now owe me $300.00 for every $100.00 I bet. You see, if you are right, I am out 20%. If I am right, you are out 300%...I'll spin the wheel all day with those odds.
The bad news is priced in, we have made our lows(Feb),making higher lows now, and now are ready for a gap up....read the chart, do the math, check your odds...I believe you are on the wrong side of this trade.
Best of Luck
Chenzo
I do believe he is short at $1.52 and held his short position over the weekend. He has been pretty honest about his trades.
You are talking foolishly again. This is a small bio tech with tons in the pipeline. It will only take one of the dominos to fall, and the rest will follow. The market pulling back will have little to do with PPHM's pps. It trades on its own, on its own news.
You talk of a "healthy pullback". We just experienced that. We touched 1.20 at end of Feb. We are now turning up and at an inflection point. Yes it could go either way, but your odds are much better on the long end right now.
Any news and we could easily double, and you lose 100% on your short. You might not have time to cover. Your looking for a 10-20% gain with your short, but taking a huge risk. I wish you luck, but soon, you may get caught in the mouse trap.
Chenzo
We all know how "well" you have done trading PPHM. So well, that your trades have become the contrarian indicator.
You need to brush up on your chart reading skills. This is just dying to gap up. PPHM likes to announce news on Monday mornings, maybe this Monday? I agree with JR, you are trading on hope and luck.
Chenzo
I think our beerman might end up like that squirrel in your photo....ouch!
And I know the posted ask ($2.48) doesn't mean much, but I'll be sleeping much better this weekend knowing I'm long. Good luck to you Beerman.
Chenzo
Welcome back Charlie
50 day MA/ 1.41
200day MA/ 1.66
Gonna take plenty of "J"uice to close at HOD. 150K roadblock sitting at $1.52. Someone still wants to keep the lid on. Yesterday showed us that with just a "wink" (Yes CP I believe the leak is still there, albeit less, it is still there) buyers and volume will spike. Lets see if someone gets the nod and we break through this resistance.
GLTA...Chenzo
Wasn't that one of the conditions that the FDA wanted to see? That if given BTD, the company needed to show that it had the ability to produce the said drug. Looks like we have that ability, and it is right under our roof.
That being said, I don't think we will get BTD. I don't even think PPHM applied for it. It seems to me, the FDA is playing it safe and designating BTD to only large cap Pharma. I don't see PPHM and our $1.50PPS being handed BTD, if we even applied.
I do see a phrase III approval being granted though. That combined with our ability to produce our own drug will make BP think very hard about a partnership.
Things will be getting interesting around here real soon.
GLTA...Chenzo
I was thinking more like the deal would be consummated on a closing date's share price, say May 10th. And the BP wanted 50mil shares....thus the keeping of the PPS low.
If I was BP, I would love to get 50mil shares at this level, then announce MOS results, then phrase III approval, then the partnership.
The gain on their 50mil shares would immediately offset the cash paid out to PPHM. Its a win/win scenario
Have a good weekend all....Next week will be exciting!
Chenzo
I have had this weird feeling the PPS has been held down at the $1.40 level. I am wondering if this has anything to do with a possible partnership agreement and the $75mil in shares we will allocate to our BP. Say 53mil shares at 1.40 goes to BP at partnership agreement. This could be already agreed to in terms and they are just waiting for ASCO minutes or FDA approval to put ink to paper....thus, someone is holding the PPS here.
Any thoughts on this would be welcomed.
Thanks, Chenzo
That 200,000 ask only disappeared because the ask dropped to $1.41. It wouldn't surprise me to see it pop back up when we work through the $1.41 ask.
Now 200,000.....Someone is trying to hold the PPS right here.
That post was so good, that it will be the last one I read today. Gonna close down the laptop and start enjoying this beautiful weekend. The low volume tells us we are close!
Thank you biopharm
GLTL's
Chenzo
Maybe someone from our board should apply for the position. Set up an interview and find out what's going on.
I'm sure there are at least a couple people here who qualify. I do not qualify, no where near that smart.
The "leak" is providing the other side with info, why not level the playing field.
GLTL's
And since it was posted on 4/23, we can assume that that news is priced into today's PPS
I'm running Norton 360. Its blocking them. I get two or three pop up alerts a day though.
Wonder if its Ihub or just PPHM's message board...Oh god, the paranoia. Where's the dog...haven't seen her in a while...lol
Yes Wook, I am getting attacked also. The cynical side of me thinks the powers to be have hacked the Ihub board to disrupt our communications, plant spies, and cause havoc.
And that car is parked outside my house again...haven't seen him in months. Maybe we are close.
GLTL's
Sounds like they also like our "pot odds"
Looks like we are being held down, big road block at $1.38...Lets chip away!
And here I thought you were telling us to "atone with PPHM".
I've been told many times that my brain doesn't work the way most brains work. Thanks for the clear up
Chenzo
Looks like the longs may have won that battle. May have been one of the following reasons:
* Those who wanted shares got them
* It became too expensive to push any further lower, as there were no sellers
* Someone felt the price was too cheap to pass on and made a large purchase (bad for shorts)
Lets see this play out...two hours left, and I don't see too much resistance. I flat or positive close would be very bullish.
And I agree, the beerman is the best technical indicator we have. In my circle of friends, he is considered the moosh. You know, the guy who picks the caulk horse and never wins!
GLTL's