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How much will Knight fill @ .091 before he capitulates, and starts aggressively buying to fill that 6ook or more???I'd bet by 2:30 we'll see him/them trying to force it down, but the asks will be taken out by ready buyers....Could break lose here in a flash.....Expectations of news are in the air!
watch that bid move up, and ignite a chase this afternoon. Folks are anticipating news SOON!!
Volume is the absolute litmus test for judging the significance of a stocks path. Yesterday, as in many of these other days when the pps has dropped, volume was very low. That is the "holy grail" for investors. Has there been some disappointment over the lack of efficacy news? Perhaps, but anyone who invests, trades in microcap biotechs understands that timelines are only estimates. Actual delivery of results can be tardy for any number of valid reasons. However, traders, and flippers are quick to capitalize on low volume to create "the appearance" of selling, and if possible "panic" to trigger other flippers and manipulators to sell. I don't believe there has been widespread disappointment in the wait for efficacy results for most people. Volume has not been significant. People's motivation in trading and blogging has been largely manipulative in order to drive the pps lower for accumulation, and nothing else.
Just like the weather, severe storms are ALWAYS accompanied by a significant drop in barometric pressure. In trading volume always betrays manipulation or actual trouble for a stock. We have not seen VOLUME on selling because there has not been any bad news. Think about it. News is due any day, and flipping at this point could be a costly mistake. Do you own DD, and don't allow your emotions to be triggered by manipulation of the pps, or peoples thoughts. All IMHO. Think it through!
Saw Juno explode Ah on my watch group! Wow.....good news explodes biotechs.....PPCH is going to follow suit, and soon!
Volume negligible. Drop in pps pretty much meaningless.....Small frys trying to push the pps down, but without much cooperation...News pending that we are all looking forward to, well at least most of us!
MM manipulation so obvious....Watch them move that 300k @ .09 to .091 as soon as people start hitting the .0895...Anyone with level II can see it....Patience here is going to see a BIG reward I believe, and SOON...
What an unexpected adrenalin pumping PR---WOW! Just got back from doing some shopping and thought I'd log in and KABOOM! Just look back over the last four or five PRs.....
1) settles outstanding debt May 7
2)Engages Maxim group as strategic advisors
3)5 page article in NYT
4)See ThruEquity initates price target of $1.52
5)Propanc settles two outstanding Convertible Debts
6)Boehringer Ingelheim Executive Joins Propanc;s Scientific Advisory Board.....
7)PPCH reduces A/S by 80% to 2Bll...
Execution. This is how it gets done. Reducing that share count says volumes about confidence! The efficacy tests must be going extremely well, how else would you make a move like this with Phase I steps away??? Mngt may already have financial commitments for Phase I, a JV or partnership close at hand. They are clearly preparing this for the launch pad. The PR on efficacy that we have all been waiting for, if positive, will send this into the stratosphere! Why on earth would you reduce the A/S count if the test were negative????? HUGE THINGS COMING here, and it is looking like we won't be waiting much longer. Sleep well fellow longs! Going to be a "hard days night for shorts tonight!"
Too many positives going to keep that pps under .10
The fact that big pharma is getting on board should be seen as an immense step in the right direction! Lots going on behind the scenes here that could break any time. With efficacy results on deck, could break back above .12 quickly......
Manipulators not doing so well this morning, as a matter of fact, may have net losses. They know the upside potential is HUGE with upcoming announcement regarding efficacy. They're determination to drive down the pps, will quickly be transposed to an eagerness to get in before the close.....We'll see how sure they are that PPCH is seriously heading north as we progress through the afternoon.....If it breaks .115 could get very interesting!
Nice shot! 459k in one hit. That is exactly what we need to do...make em bleed! Take their shares away......Whoever that was, GREAT JOB!!!
This is bear attack--a short raid desperate to take the pps down before the release of efficacy numbers any day, to minimize damage which is already immense. Let them force it down, it will be exploding upwards, likely tomorrow, even without news. Everyone, and I mean everyone is expecting news any day. Few will want to be out over the weekend.....
Shorts aware of efficacy results soon release. Reminiscent of DNDN short attack that drove pps down to 2.5 from 18.00 in a period of minutes, and closed at over 18.00 on good results, AH over 24 and within weeks over 40!......Hang on people.....Nothing but manipulation....
Custer's Last Stand in progress. Short are absolutely desperate to try and hold this back from exploding today. They are in deep trouble, and their desperation is in your face. Watch this take out .14 this morning!
approx. 340MMLL
PPCH continues strategic moves likely in preparation for Phase I initiation later this year! When mngt is holding almost 35% of the float dilution is only done when absolutely necessary. This is one of the reasons that this little gem continues to draw attention! Release of efficacy numbers will be explosive and is due any day, including today.
Getting debt under control is always a strategic move that could signal any of the following:
1) uplisting in the near future----not immediately, but that it is on the drawing board
2) preparation for a buyout
3) cleaning up the balance sheet for a possible JV or partnership
This is exactly what you like to see. I expect a very positive reaction from investors today!
Manipulators and shorts desperate indeed, digging deep in their play book trying to stop the momentum....Efficacy results if upbeat as expected will be the catalyst of a new paradigm shift! We will likely see a 100MLL day and we could make a run @ .20 and beyond......Looking sweet!!
Deep pockets are on board. The days of rampant shorting are I believe behind us. DP will drive this pps going forward. With positive efficacy results, .20's are definitely on the table. May absolutely explode this afternoon!
Surge in buying and .14's here we come. People understand the immense that PPCH is approaching with the unique treatment to halt metastasis. The advancement this represents is truly astonishing. Efficacy results are going to send propanc into orbit very soon I do believe. and BTW lots of others are believing too!
Smell the fear! Shorts are beyond desperate, and that sticky says it all. No need to even comment further. Anyone with any understanding at all already knows that. PPCH is going to be HUGE this year, and they are in deep trouble, and it just keeps getting worse, and is going to get a lot worse very shortly!
Enzyme approach to cancer may be the key to successfully combating Metastasis! Huge unmet need that would also open the door to possible "Fast Track" designation with FDA....Propanc is garnering major attention, and this is only the beginning.
Great article Gary!
PPCH continues to break out on heavy volume, breaking through resistance like a CAT 10 dozer! Any temporary dips caused either by profit takers or shorts only offers an opportunity to accumulate at lower pps before new highs are on the chart. Previous highs are consistently becoming new support levels, and it just doesn't get much better than that. Would love to add another 1MLL shares, waiting for cash. By all means, avail yourself of opportunities to add when the dips appear! Looking very strong indeed!
Classic break out written all over this! Take a careful look at the charts tonight, everyone else will be! Look back to this past March....Notice the spikes hitting new highs, that very soon after, within weeks, sometimes days, that "new high" became the new level of support. It has done this consistently over the past months, and did the same thing again today. Where do you think this is going tomorrow? No guarantees, but it sure looks like todays high .125 will very shortly become the new support level. Anybody that can make sense of a chart can see it! That's why we are all here right??? That's what I see anyway!
Could somebody who is better at charts than me, relate this to the past highs, and the obvious retracement that is well underway???TIA
Jack been thinking the same thing this afternoon. news will absolutely explode PPCH into a new reality!
Jaw dropping short squeeze very likely this week. Could absolutely explode!!
Very healthy churning here, solid base being built @ the .10 level, preparing for launch into the teens, likely this week. efficacy numbers if as good as we all are expecting could launch this into the high teens and beyond!
MM's in deep trouble. The manipulation trying desperately to hold that pps under .11 is pitifully obvious to everyone....Screaming BUYYYYYYYYYY! I believe along with almost everyone else, HUGE things coming very shortly!!
Jack, great link and explanation on the "Fast Track" possibilities for PPCH. That "Compassion Use Study" opens a pathway for Propanc that was perhaps the catalyst for that 1.51 price target a couple weeks ago. If metastasis is halted by PRP the market possibilities are nothing less than blockbuster! This summer is going to be incredible watching PPCH advance towards Phase I coupled with possible "Fast-Track" pathway. Exciting days ahead!
"Showed a response rate comparable to cytotoxic or immunologic approaches in Phase I"---slide 9 compassionate use study Power Point. Cytotoxic meaning that they kill cancer cells. The fact that PPCH already has treatment data from the compassions study may open up another pathway to FDA...Would this mean that Phase I could be circumvented and perhaps given "fast Track" designation???
http://www.fda.gov/ForPatients/Approvals/Fast/default.htm
Sure does look very interesting...."Unmet need". That is PPCH! The coming months are going to be incredible. Sleep well friends.
Jack is the compassionate care study highlighted in the Power Point posted on the board, what you referenced a couple days ago about a "compassionate care" human study? Is there more information available on this study other than what is on the power point. So, they actually already have data re. human use in patients suffering various forms of cancer? wow, this is interesting!
Amazing to look at that over the past months! From early March on to the present, spike highs have consistently become the new support levels. That fact is difficult not to see. Add to that a steady increase in volume, with some days trading well over 50 MLL on news. The recent price target of $1.52 saw an 80% increase in the pps, and a volume of over 80MLL. The chart speaks for itself. We are right now setting @ .092 waiting for efficacy news which should be released this week, perhaps as early as Monday. I expect a huge surge in volume and pps, breaking convincingly through the .10 level into the teens if the news is positive. At that point it will create its' own momentum, and how high it goes is hard to say, but an explosive move of over 80% would not surprise me at all. Looking forward to the news.
Sell offs have been short lived, and mostly manipulated by MMs taking out stops in order to accumulate more shares. I believe we will see a significant move up this next week. Can't wait for the news!
Somebody wants in before Monday morning BIG!
I see the short crew has arrived trying to unnerve some here. Looks like they will try again tomorrow to run a short raid to shake out some more shares, but then again, people who have been hoping for a cheaper pps to accumulate may decide to high a probability of news Monday or early next week, and may buy in tomorrow. It is about as certain as things get, that next week we get the efficacy numbers. If they are good as expected next week will likely trigger a monster run that could easily double in a day. On the call for 1.52, it traded over 80MLL and was up 80%. I would expect a similar move, probably more so with good news. One thing is sure, everyone wants more shares. Who will make the first move tomorrow???? Will be interesting!
DO NOT USE STOPS! When will people learn...These MM's are ruthless and want more shares desperately! They will sacrifice 200k if they can net 200k. The only reason this pps is dropping is for others to accumulate more shares! Don't fall for their tactics. Hold and add on the dips if you can....We are going to be handsomely rewarded I believe near term!
This could take off in a NY minute! People are very nervous about missing the run which is already underway. Could explode this afternoon.........Friday will ignite the fuse!
thanks Jack.
jack, are the short positions closed out typically before the close of the mkt or is their a sizeable short position that will have to cover?
TIA
Thursdays are high probability PR day. I wonder if we get news tomorrow. I'd say a 50/50 chance. Big risk to be taking if we get positive news. I think everyone understands that. I'll be surprised if we don't see a nice little rally this afternoon taking us back up either very close to 10 or perhaps above. Any positive new tomorrow and we could have another of those 20-30% pops! Sorry to be redundant, but we all know this don't we?
Anyone that believes in the integrity of these message boards should get the head examined. Not much, but that is the nature of the beast. Could say much more, but won't.
Well said Jack! Completely agree, although the risks are significant, good DD can help to mitigate and lead to handsome rewards. Penny stocks are wildly manipulated by mm's who understand the same truth. Not for the faint of heart, that is for sure!
Manipulators trying to accumulate YOUR shares. Efficacy results any day, including today, and THEY want in. Don't let them scare you out of your shares. Beautiful chart, heavy accumulation. Blue skies ahead!! Hang tough!!!