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"...gain a commitment from the oncologists and their respective cancer centers to participate in our exciting study."
This is not good news if they haven't even had commitments from cancer centers to participate in the mythical trial. I thought these were lined up already?
He needs to keep the scam going as long as possible.
There is no catalyst. That's why the share price keeps dropping.
As I said, anything over .02 is probably a selling zone.
Regulations are not holding back innovation but cutting the NIH's budget for basic science research will certainly put a damper on innovation.
Into the 4's. Selling zone is anything above .02.
This mythical clinical trial has been promised numerous times. All of those vague references, such as"first quarter 2016" were meant to string along shareholders. Glad I sold most of mine at .07 to .09 but I foolishly hung onto some shares thinking a pump would occur. Alas, no pump, just bad news (no news) for shareholders and a lack of interest by the investment community.
Today's PR is not a pump and dump; it's just a dump. This seals the PPS fall into the 4's or 3's. Ha!
The mythical clinical trial is further away than ever.
The research world is moving on, leaving PMCB in the dust.
http://www.medscape.com/viewarticle/878114
Good synopsis.
A dive into the 5's!!
Good find. With never ending delays, PMCB's technology will be obsolete before it's even tested.
There is no "fear" to buy into. Only an incompetent company with an old technology...a company that keeps promising a mythical clinical trial that it says is constantly being redesigned, then disappears for several months at a time.
...worse than nothing in return. One is taking a huge loss by buying this company's stock.
Glad I sold most of my shares over the past month. It was a wise decision indeed.
The 5's aren't too far in front of us!
Down PMCB goes. Reeling toward the 6's.
No timeline for mythical clinical trial = continuing slide in PPS.
A stellar day today in biotech. I hope that everybody realized a handsome profit!
I sold a bunch at 01.0, 0.95 and then again at 0.92 and 0.88.
The pumps weren't coming and I saw a downward trajectory.
Now that's a poll I would take.
It's down almost 20% just in the past week, with 5 straight sessions ending in the red.
I think we've heard the end of "loading zones" on this board. Or at least I hope so.
Winning that scam poll was worthless. Investors, rightfully so, aren't impressed.
It doesn't have the resources to update the website, just like it couldn't successfully hold a shareholder call. Both are telling.
Every marijuana stock should go green on 4/20.
What incentive is there to bring this to market when he's getting wealthy as is? He needs to keep up the scam as long as possible, which means convince people that the mythical clinical trial will really happen, always at some unspecified time in the future. He can keep it going quite a while, as we have seen.
But it really was just a group of stock owners with a financial interest who were doing the voting. There nothing legitimate about it.
South of .08 today?
If not today, then soon.
Oops, I meant down a whopping 7.17%.
...or it will be down by 5.56%.
Buying into fear and buying into a scam are quite different. If the fear is irrational, then that's a perfect time to invest. If management is clueless or corrupt, however, you have to wait for the pump and dumps!
I have been saying exactly this since early December. No reason to buy into this stock without a timeline. Company bashers or shorts aren't causing the share price to fall. It's lack of action by management that's keeping investors away.
Not a surprise.
I'm counting on that to move some more shares.
With today's drop in share price, I hope nobody loaded up on shares yesterday.
The only way that works is if you know where the bottom is.
LOL. I seem to remember a month ago when .10 was called a good loading zone. Until it hit .95, and THAT was the new good loading zone, and so on and so forth.
Okay, the pumps were working until December. They have a negligible effect now as the number of non-believers continues to rise. At some point, you have to show investors something rather than announcing that a new consultant has been added.
After several years of pump and dumps, the effect is now negligible. Too many skeptics out there for it to work any longer.
...or it's being held up for flimsy reasons.
These aren't 20 steps. These are forms and practices related to filing an IND, many of which wouldn't even apply to PMCB. For example, #20 doesn't even apply to PMCB because it applies only to anti-venoms. #2 is only for an emergency use product. #1 is filing a document in triplicate--takes 30 seconds. #11 is getting informed consent from a patient to be enrolled in a clinical trial--takes a few minutes. #16 refers only to products placed on a clinical hold...a product has to actually be in a clinical trial to be placed on a clinical hold. #17 is what happens if there is an insufficient number of copies of an IND filed.
If diabetes is your main reason for investing in PMCB, realize that this indication so far off on the horizon there's absolutely no harm in waiting to see if it's real before buying shares. Even if the share price doubles or triples, getting in at 20 or 30 cents per share will still net you a huge profit if this technology proves effective for diabetes. So what's the hurry? You can reduce your risk substantially by not making a big play now and investing in other opportunities that are closer to market.