I am a psuedo-positive long!
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Do you feel that the ATM is on today, because that seems to be the feeling from some posters. I don't know if its because PPHM released a PR and sold off after being up pre market or what.
I get the impression that some here feel the PPS is down because of the ATM usage. I disagree, PPHM pps is down because of two things. We are being leaned on by those who want cheap shares and our BOD/PR's have no credibility with the market.
GLTL's
Where is all this talk about using the ATM today coming from?
I was away from the computer this morning, but have read all posts and the PR. I do not think the original dump at the open was ATM. Would they sell 200K at 1.45? IDK, sounds too minimal.
If there are some who believe PPHM is dumping shares to keep the price lower in order to get cheap options, than those better reconsider their investment. That type of statement basically says the company is on the take. That launching bavi is not their primary objective. That if it happens it happens, and if not we will still squeeze as much money out of this as well.
Maybe that is why we trade at $1.43 after another PR. THE STREET DOES NOT BELIEVE ANYTHING COMING OUT OF PPHM'S MOUTH
gltl'S
Trust me, the PPS will be jerked all over the place and it will not be a straight ride up. PPHM is already on the basher writer's radar. They will really hit us hard at $5.00ps.
Just look at DNDN's chart, I expect the same thing. Bashers have plenty of ammo; they will use the botched trial to their advantage.
I expect weekly $2.00(+/-) swings in the PPS. Just not sure if my stomach can handle it.
GLTL's
I think we saw the absolute worse case. Sept 24th we traded as if bavi doesn't work....the share price was .70
That is what AVID and what is left is worth IMO and in the streets opinion.
You have to decide if the risk is worth taking. If you are in at 1.40, you have a 50% loss risk, vs. say 300%+ (@ $5.00) gain...plus much much more.
I have said it before, I love these "pot odds". I will play them anytime.
For those who oppose to me "playing" these odds, that's how you have to look at an investment in PPHM. We really have no idea what is going on with MOS, partnership, BTD, FDA approvals; and BOD will not give us anything.
GLTL's
Chenzo
I don't feel as if the price is being held down because of ATM selling. The number of sales reported last quarter was miniscule and could not be what is holding us down.
We have a credibility problem. People are unsure if bavi works and our BOD is week. The only thing that will kick start the PPS is a third party verification. Either FDA or BP partnership. Until then, there will be a cloud over bavi and PPHM and the PPS will linger at these levels.
On the chart side, its looking positive. I think they will play games til options expire. Then I look for a breakout on news.
GLTL's
Chenzo
I was just speaking hypothetically, I don't know if news is coming Monday. But the way things get played out in this market, the odds are that nothing happens tomorrow and the options expire more or less worthless.
That's where I start to think suspiciously. My mind wanders to next week and the "what ifs" start. I apologize if I appeared to know of news. I don't, just speculating
I guess a side effect of owning this stock is the "Columbo" mindset you start to develop (see Cloaked)
I am anticipating good news soon though...the chart has been turning positive. I actually think we may have been on our way til the bogus Faroqi and Faroqi lawsuit suddenly appeared. (We were at $1.50 when that hit). Was that an attempt to keep us down just long enough to let some cover and help control the price til options expire? I don't know.
GLTL's
Chenzo
That's my opinion...seen it happen too many times in this rigged game.
Whats to be said if positive news is released Monday? Why would PPHM hold news back til Monday and allow the options to expire worthless. A deal with someone to keep price right here... I don't know....
I'm suspicious of all in this game. And I think everyone's hands are a little dirty at this point
I think we will have to wait til Monday for that run. The options people are going to hold it right around here til then.
GLTL's
Looks like that 100K+ order has moved up from 1.44 to 1.46
Its nice to see them chasing
I agree it is probably nothing. But you have to admit the $3.25 ask is right in our wheelhouse if good news is announced.
At the very least it will give us all something good to sleep on tonight.
GLTL's
Chenzo
Ihub now shows it in their quotes
You did it Wook!
Way to go!!!
Hit em again Wook...STAT!!!
Looked like the last 1/2 hour might have been one last chance to shake out some weak shares.
I'm picking up a vibe on this board, we shall see very soon ;)
Chenzo
Ahhh...another PPHM mystery.
Bands are getting even tighter...volume is very low. It seems as if all who want a position have their position. We are now in "waiting mode".
Move could be violent. IMO the bad news is priced in and the manipulators have their shares. There is much more room on the upside.
GLTL's we are at a crossroads
I'll put my buy in for $1.21.....post R/S
You do realize that your once a week request for info can be insulting to some here. Some that have followed this man's career and work for many years. Some have even met with him. Your request smells of an attempt to achieve trading info at the expense of insulting and disrespecting those here that followed this man.
If you want info, the news broke here on April 2nd. Go back and read the posts. Its all there. Do your own due diligence
GLTL's
Today was very disappointing. I figured we would bump up against the $1.50 mark, but I am disappointed that we dropped under 1.40. This puts that large buy at 1.20 back in play
Plus the Michigan/Louisville championship game is on
It does seem to me that something is definitely starting to simmer
I'm watching a TD Ameritrade daily chart. Shows the 5 minutes from 10:20 - 10:25 (132,000) green candle. Ok, maybe not one buy. Could also have been a trade that was executed in separate blocks and took the 5 minutes to completely fill. Not sure of the specifics, but am sure what I see.
And now I see a 237,000 greenie at 11:20...GLTA
132,000 shares purchased at 10:20...wondering if that was our friend Charlie buying back in?
If you don't mind me saying, if we break 1.27, which it looks like we might, we probably go to 1.20 where we have support. Why not lower your bid to 1.21 and let the 1.20 bid be your support...JMO...trying to help
Check your order. That should not have happened. You may have entered a wrong buy price. A "fat finger" error my guess
;)......about two weeks ago
Im not getting too excited about a trade totaling $143.42.
You mean all those fancy beer drinkers don't want to "just have a beer with you"....hmmmmmm
The only thing I can think of is that someone did that small sell order to avoid a margin call. Suppose this person was short say 100K shares. At $1.41 and +.08 over yesterdays close. This person would have incurred a loss of $8000 today and may have forced a margin call (I doubt it, because $8000 out of $133K shouldn't trigger a margin call, but its the only reason I can see for this happening).
My broker, Etrade, refreshes the account balances at 3:00am, thus at 6:30pm you then sell 250 shares for 1.37; your cost of that transaction is $342.50, but your trading account is then increased by $4000 (1.41-1.37 x 100k). Thus avoiding a margin call.
Second possibility... you want to artificially manipulate the stock price in an attempt to get some sell orders the following open. Most can see through that and the low volume is not going to trick most share holders
I know this sounds crazy, but it is the only reason that I see to make such a small AH trade (to bolster your own account). If anyone has any other reasons, I would like to know what your thoughts are.
Not quite a bullish engulfing...but close.
A bullish engulfing is a gap down at the open below the previous days low. The stock then rallies and finishes higher then the previous days high. Thus it engulfs the previous day. We did not gap down below yesterdays low, thus not a "true" bullish engulfment. A reversal, yes, and it is always nice to see some "buys"....Now lets keep it going!
*As a reference, on March 13th we had a "Bearish Engulfment". Notice how it gapped up and finished below the previous days low...thus engulfing the previous day
Thank you, once again...your insight is invaluable
Cloaked, a quick question if you don't mind...
The last five or so days of trading I have noticed what I would call very normal trading. Although our PPS has dropped from $1.68 to where we are now, I have not noticed anymore bear raids. Yes, the PPS has dropped, but from what I see, it is normal selling. Probably those who bought in at the previous lows in anticipation of news leading up to the CC and then sold on the "no news."
My question is where have the bears gone. Is it because:
1- They got their shares at the end of February, although that 200K+ buy was still there, and are happy with their stake
2- There is fear that "eyes are watching" due to the sabotage, the FBI/SEC/FDA involvement, and the effort to shine a light on these attacks by this board.
3- It is too risky to short at these levels (Probably not, bears can be very greedy if they sense weakness)
4- The MM is just not providing the shares and retail is not selling
What is your take on the recent trading activity? I love these low volume days. Gets me thinking everyone has their position
TIA...Chenzo
I saw that too...Thestreet.com just had a positive article on them. Something tells me they were short
http://www.stockpickr.com/4-biotech-stocks-under-5-watch.html
Bunch of crooks
That's long term, as in Capital Gains tax implications.
Being long a stock is a position that gains value as the share price increases....jeez
I just did not get the impression that the guys who spoke at the CC are shrewd negotiators. I would take at least five from ihub board over our BOD.
I only hope that bavi is just that good, and the technology can overcome
I think they would at $1.34
Although it will be tough...lots of support at $1.35
It has been posted here a few times, not sure if she actually said this, but it has been reported:
http://finance.yahoo.com/news/biotech-industry-looks-benefit-fdas-122000713.html
At the time, this article says 3 have been granted. It has been posted here that it is now 5.
I don't have the search feature that ihub offers. If someone does and can clarify if Janet Woodcock actually reported this or was this an FDA release...TIA
I guess I was referring to the Janet Woodcock statement that 5 breakthroughs have been granted.
Can I assume that was an official FDA statement?
Especially the bad Karma nonsense...