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I will leave that up to Anthazar whether he wishes to go into those details or not.
Better not to ‘tip one’s hand’ too much, considering what we’ve been up against.
They aren’t considering the merger to waste everyone’s time, that’s for sure.
And this move would be the ‘gun brought to the knife fight’, or the additional ‘vehicle’ required to cross the finish line.
And while those who so relentlessly focused on causing the demise of both PRED and it’s stock price had such success this past year plus (at least in terms of controlling the pps), under the current parameters, they are about to find a MUCH harder battle after the merger with ELGL.
And that is why PRED never really was the underdog.
It’s okay if some don’t understand. Just watch.
This is going to be fun to witness as it unfolds.
That strategy has definitely been going on, and I would argue it’s not new, and has been going on for quite a while now.
We’ve even been given a heads up shorts were stuck w/significant shares, calling around unsuccessfully trying to get discounted prices.
Makes sense. Despite all the hooting and hollering, the forces trying to kill this company failed. So their only option is ‘Plan B’.
Makes for a wonderful buying opportunity for those of us longs who stuck it out. My dollar cost average is down to 72 cents. I am extremely comfortable while we wait.
Yep. As was already suggested by another, it will be the post-June “subsequent events” in the upcoming K, that will be particularly interesting to read.
Subsequent events are events that occur after a company's year-end period but before the release of the financial statements. ... In other words, subsequent events are events that happen between the cut-off date and the date in which the company issues its financial statements.
For those who disagree, prepare to be enlightened. You may not know as much as you think you do. Or maybe I’m wrong, and you have absolutely nothing to worry about.
Lol. This is going to be fun. Have a great weekend everyone.
It means he's smart enough to bring a gun to a knife fight.
In other words, always have a backup plan. Or in this case, a backup 'vehicle'.
Thank you sir, for making my point. You could not have emphasized my theory any better. Well done.
100% agree, Love MSC.
Your post may have been a ways back, but man oh man is it true.
I had been told about 3 years ago PRED management was determined to go it alone, and not rely on venture capitalists to get to their end goal.
Thus the stem cell part of their business. Stem cells, while they will be profitable (and we should get a taste of it in the next quarterly report), and ultimately spun off, were never the emphasis of PRED.
So, will covid19 testing and stem cell sales be enough to push PRED to that next level without outside assistance? We’re about to find out before the end of this month.
But make no mistake. PRED is not about covid19 testing or even stem cells. Those are strictly a means to an end.
PRED has been the real deal from the very beginning.
Management and the Directors haven’t gone anywhere, and none of them have dumped any shares. (This can all be verified with the slightest bit of research.)
There is absolutely zero efforts going on to pump the stock in any way, shape, or form via PRs, or any other avenue.
So, look at the facts. What makes sense to you as an investor. Do you believe all those posting doomsday scenarios? What’s their motivation for still being around here? I’m pretty smart, and I can only think of one possible reason considering where the pps is, and what has transpired over the last year plus.
So, where does that leave me? It leaves me here, exactly where I started. Not disillusioned in the slightest. I have every single 493,611 shares that I’ve purchased over th last 3.5 years. And I’m not going anywhere.
How do I feel? I feel excited that we are on the precipice of this amazing company about to turn a corner. But I also feel sad, and embarrassed - for our species - that we live in a world where it’s acceptable to do what happened to this company. Not even so much for the investors who panicked, and voluntarily took it in the teeth, selling prematurely b/c of bullies (although that does really suck).
But more b/c individuals and entities exist who are ok w/doing this to a company that legitimately want to help people w/significant, and sometimes deadly diagnoses.
I simply can’t imagine having an existence where it’s ok to profit on this kind of deception. How does one look at oneself in the mirror and justify one’s actions by a profitable bank statement.
I don’t understand. And hopefully never will.
I reached out to Spectrum, inquiring if they were in fact using PRED’s lab for processing covid19 saliva test results.
Response from Ron Baker from Spectrum today:
“Here is a little background. We are first working on getting our SDNA-1000 Saliva Collection Devices into the hands of processing labs who are looking to validate their protocols to obtain a FDA EUA to utilize Saliva as a bio sample for Covid-19 Testing. Following up with your Inquiry. Yes we are currently working with Predictive Labs.“
That is correct, Issfinance.
https://spectrumsolution.com/fda-authorized-covid-19-updates/
Per spectrum’s website, “Labs not verified, or that have submitted for EUA authorization, but not yet received a confirmation number, may still be processing saliva for covid19 testing while waiting for that authorization just not listed above.”
Gee, I wonder which company they are referencing with that statement. PRED only has the number one lab in the world for this kind of thing.
On second thought, nah, I’m sure I’m wrong.
Keep digging in shorts, and see how things go.
Tic toc....
I would agree, Brooklyn, and I’ll keep putting my money where my mouth is.
I encourage shorts to do the same. Keep digging in guys. Stick to your guns. Let’s see how that works out for you.
I’m most interested in seeing PRED’s next quarterly report. Hmmmmm.....I wonder what’s been going on.
Huge earnings? Nothing? More photos? We’ll find out soon enough.
Tic toc........
Buy 26,040 PRED @ 0.25 9:10am ET 9/10/20
Buy 5,000 PRED @ 0.25 10:48am ET 9/10/20
Buy 1,001 PRED @ 0.25 11:45am ET 9/10/20
Not to mention, there aren’t any press releases being released attempting to pump the stock price.
Very strange strategy for a pump and dump indeed.
Granted, “some think they have little chance”, but I would argue they don’t have all of the facts.
By no means do I have all of the facts, but I know enough to know we are most certainly not the underdog. I’ve said it before. All is not what it seems.
Most people posting here aren’t even looking in the right direction, and I’m most certainly not going to drop any hints, for those still looking for the company to fail.
That’s the beauty of having power and a lot of big cards yet to play.
Time is on our side.
Enjoy the rest of your weekend.
PRED the underdog? Not hardly.
True, they’ve taken a few body blows (sucker punches) in the early rounds. (A year may seem like a long time, but when you’re building a company of this size, in relative terms, it most certainly is not. Obviously that doesn’t mean the year hasn’t been painful. It has.)
But this contest is far from over.
PRED has plenty of their own heavy hitters.
Keep watching....Go watch Rocky IV, if you need a refresher course.
100% correct in your assessment, Gumby.
In the meantime...
Buy 3,770 PRED @ 0.30 3:55pm ET 8/25/20
Buy 2,500 PRED @ 0.30 9:40am ET 8/26/20
Buy 3,929 PRED @ 0.30 9:40am ET 8/26/20
Yep. Us longs in the know are ready, w/all of our shares.
We’re close.
More consistent buying in the $.50’s now.
Remember, after the switch to gray’s, we saw buying in the $.20’s, then $.30’s, then $.40’s. (All on no news.)
I know not everyone’s great at math, but come on people. Put on your thinking caps. Are we seeing accumulating, or a move to ‘0’?!
Just wait til management deems the timing right for the PR’s.
2 + 2 = 4.
I can confirm PRED will have test kits made at a site in the USA.
Actually, they’ll be made here at more than one site. And they will continue to have them produced in China.
Is anyone starting to figure out how big the test kits alone are going to be?
Tick tock.....
That’s actually not true, Martin.
There are hundreds of thousands of AB Assurance test kits in Salt Lake City. I know a fair amount, but that is all I will say, and that is only because someone else on this board had already mentioned this accurate location of the kits.
If you longs knew how many huge orders are already secured for the AB assurance test kits, and you knew the big players negotiating for additional orders, none of you would be worried.
All you need to do is read Jim Stern’s and Anthazar’s posts. They are both on the money with what’s going on.
Decide who you are going to believe on this board.
It honestly doesn’t make any difference me.
PR’s are on hold for now, but not b/c of a lack of progress. A number of people, including ‘snakes’ have already posted why the PRs are on hold.
PRED management is tired of the games and setbacks.
Build a monster and the stock price will take care of itself.
Care to share your assumptions that Anthazar verified, PheasantMnr?
TIA
Speaking of different kinds of investors.....
I find it fascinating, and telling the vast majority of long investors (including myself) post how confident we are w/our investment in PRED moving forward from this point on the grays. (Obviously this group does not include wolves in sheep clothing)
Then there is the significant group claiming PRED is a bust, and on the verge of bankruptcy. These people are beyond anxious....bordering on panic. Many in this group claim they aren’t even investors.
Practically no sellers left. Relatively low volume. No shorting on the grays.
What happens when the next big PR(s) are released, and volume and buyers increase dramatically w/few sellers? Hmmmmmm....I’m confident most of you can do the math.
Again, I’m pretty sure 2 + 2 = 4.
You have no idea how right you are, DJS1.
I’ve heard management doesn’t even want to be involved w/antibody testing. It is merely a way to make significant revenue which will assist in speeding up bringing to market their products that are the main focus of PRED.
It just so happens AB Assurance happens to be the gold standard in covid antibody testing, which the FDA will be confirming soon enough. It will be extremely lucrative, and help a lot of us while we’re figuring how to get people back into their communities safely. But it is no more than a means to an end for where the company is headed.
It’s been fascinating watching PRED’s pps slowly but steadily inch up from the 20’s, to 30’s, to low to mid 40’s. (On no public news by the way.). That should tell each and every long out there something very important.
Hmmm...I wonder what will happen to the stock price and volume when the next big announcement occurs.
Ie FDA EUA for AB Assurance and/or stem cells. Keep in mind how little selling we’re seeing at this juncture. I’m pretty sure 2 + 2 still = 4. I am VERY comfortable w/where we’re sitting as investors.
This is going to start getting really exciting very soon.
PRED STRONG
Great posts by you, Jim.
I’m also in agreement the only real reason I post is to encourage the longs that are on the fence, and aren’t quite sure what to think.
You have astutely pointed out there are some that know more than others on this board.
It ultimately won’t matter which trading platform PRED uses to achieves success. But, as some have already suggested, PRED is in fact headed for the NYSE, not NASDAQ. And much to the shorts chagrin, I wouldn’t count on the middle step of returning to the pinks.
There are some very powerful players who are most interested in what PRED already brings to the table. And they most certainly have the vision to see what is yet to come a little further down the pipeline.
This stock is about to get violently lucrative for those that chose the long position. :)
For those that shorted the stock over the last year, don’t be too upset. You had your chance to make a lot of money. Pray you were smart enough to have covered by now.
It’s time to buckle our seatbelts. 2020 is in fact going to be quite a year for PRED shareholders. It is highly unlikely any of us will ever see an investing opportunity such as this for the rest of our lives.
560,000 shares traded today.
Us longs have been told time and again how the demotion to the greys spelled out impending doom for PRED.
Riiiiiiiiiiggghhhht! Lol.
I wonder how many companies trading on the greys have that kind of volume in one day. Guessing it is few and far between.
Investors buying up the shares today know more than the retail buyers.
NYSE here we come!
Oh, and don’t correlate a temporary lack of press releases with a lack of incredible progress being made behind the scenes. That would be making a huge mistake.
You will both get your wish of the New York Stock Exchange, but don’t expect any big PR anytime soon. Considering what happened the last time management released significant press releases, they will steer clear of that path for the time being.
As bigboy wrote earlier today, each and everyone of us has to decide whether we have faith or not based on the entire picture.
PRED STRONG
Never expected my buy order to be filled this am.
Buy 7,710 PRED @ 0.32
(And I put my limit order in at 35 cents.)
That will be my final PRED purchase.
You are correct Brooklyn. We will stay on the grays for now.
If you want to know more, go re-read Anthazar’s posts. He has a better handle on the current game plan than anyone else.
PRED STRONG.
Thank you for adding intelligent perspective, Peachman.
I started buying PRED exactly 3 years ago when the price was.....wait for it 30 cents. I managed to reach my goal of 200,000 shares by purchasing in blocks as the price started rising.
I watched my share value sky rocket as the pps reached $6.91. Then I watched the big fall, all the way back down to the current 35 cents. And now I have well over doubled my initial share goal. So I’m in agreement. While it was a painful process, by choosing my investment strategy instead of panicking (because I know what I own), I’ve put myself in a position where I don’t need much of a rise in stock price at all, and I will be one very happy camper.
And what do I think of the company now?! Are you kidding? Compared to where it was 3 years ago, it’s incredible how much it has grown, and in so many different directions. The one variable that hasn’t grown (at least in the last year) is the pps. But for those of us who have done our due diligence, especially those of us who have been around a while, and witnessed the expansion, we are beyond thrilled.
All is not what it seems my friends. The stock price will turn back up, and it’s going to turn hard.
If pps were the only important variable, the naysayers would have a heck of an argument. But those of us paying attention know there are a number of other extremely important aspects to a company’s value. They’ve all been posted ad nauseam, and one only need to reference all the incredible PRs over the years.
When the stock price for WORX sky rocketed recently, was that one variable all by itself enough for iintelligent investors to blindly jump on board as longs? Of course not! It’s way more complicated than that.
So, PRED’s stock price has been temporarily handled by those w/ulterior motives - all while the company itself has grown by leaps and bounds. If you can’t see that you definitely should not be invested in this space. And if you claim otherwise, you’re definitely a part of the group w/ulterior motives.
PRED is building a powerhouse company with many tentacles reaching in very different directions. The stock price will follow.
Tick tock.....
PRED STRONG
I already have my buy order placed for this coming week for 11,000 more shares. It will be interesting to see what price I get.
Starting pretty low in case anyone feels like giving away free shares. I don’t need the additional shares, so I’ll just donate the profits for these to charity after significant positive news is released.
Post of the day so far people. Don’t gloss over this one. It’s huge. Connect the dots.
“ Thermo Fisher says it will start manufacturing its new SARS-CoV-2 antibody test in the U.S. and EU over the next few weeks.”
https://www.fool.com/investing/2020/05/13/thermo-fisher-and-friends-to-turn-coronavirus-anti.aspx
I’m definitely still a buyer - especially if we fall into the twenty’s.
Interesting how the legal short numbers dropped significantly just before the suspension. Great info Brian.
There are always people who know more than others. Kind of like when the hit piece came out mere days before the NASDAQ uplist. (If you ask for proof, you’re just making my point.)
Just bought another 6,000 shares @ .38
PRED STRONG
NYSE?! Hell yes!!! It’s about time.
Btw, I’ve already purchased 12,000 shares today (TDA) at staggered pricing.
Plenty of ammo left. The day is young.
PRED STRONG.
I’m on the same wavelength as you, Mr. M.
I’m really looking forward to trading again on Wednesday, even if we do see a temporary dip in stock price.
I’m a man of my word, and I actually sent an additional money transfer into my TD Ameritrade at the end of last week, after sending a substantial one earlier in the week.
I’m beyond locked and loaded, and extremely comfortable w/it.
If we get anywhere near $.20, I’m going to have a freaking field day.
I have my beach chair, and ginormous oversized Costco popcorn. The only question is which beer to match w/my Jose Cuervo come Wednesday. This is my biggest stressor w/this investment. Lol.
No more shorting! This is going to be sweet once it plays out beyond the first few days of trading.
PRED STRONG
Expect negative rhetoric to ramp up before PRED’s suspension ends, and they resume trading Wednesday am.
There are more than a few individuals who would just love to purchase everyone’s shares at a low price. Don’t fall for it. You will be unhappy campers not too far down the road if you do.
LTT already listed an accurate summary of where PRED stands currently. PRED has more money in the bank at present than most of you are assuming. They’re golden in this department. No I won’t give a figure, but you longs will be ecstatic.
And I’m hearing the 2nd order for AB Assurance test kits will be well over the initial 1,000,000 order. And that’s just the tip of the iceberg. The numbers I’m hearing once things start flowing are pretty fantastic, making the second order look like small change.
There are other very positive things in the works as well, but I can’t communicate them for what should be obvious reasons.
But where is my evidence, right shorts?!
Lol. Do your own DD, and as I’ve already written, decide who you are going to believe on these boards based on probable motivation, and overall posting trends.
Truthfully it doesn’t matter to me what any of you choose to do here. It won’t impact me one way or the other with my investment ultimately. But based on reality, I feel an obligation to encourage some of you who are on the fence.
This will become very interesting to watch come Wednesday morning. It goes to say we are all beyond curious to see how announcements/PR’s will be released relative to the SEC exoneration. Will the stock price initially dip, and perhaps initially dip significantly before rebounding up? I honestly don’t know, and it’s safe to say nobody really knows.
I’m sure it’s at least partially dependent on how many investors panic and sell when trading resumes, and how quickly management shares pertinent information.
Grab your comfy chair, get your tub of popcorn and a beer, and get ready to watch the show. Who needs the thrill of sports right now?! This will be plenty exciting to watch.
And don’t sweat if this is just too much, and some of you just have to sell as the emotional swings are not the right kind of investing for you. There are plenty of us retail investors primed and ready w/our accounts to scoop up your shares. This isn’t for everyone. Not to mention all the big time players who have been scooping up tremendous amounts of cheap shares over the past year or so. Don’t tell me you forgot about them! If the stock price does drop come Wednesday, you better believe they’ll be buyers too. If they were buying shares hand over fist at $1+, what do you think they’ll be doing if the price drops lower than where we are now? They’ll be drooling, because they know what they own. They aren’t guessing like so many retail investors who aren’t quite sure.
PRED STRONG.
Exactly.
And this is why, at least for now, PRED is not that concerned with individuals being able to order their test kits for in home use.
PRED already can have their test kits at point of care locations in HUGE numbers. THAT is their emphasis right now. Think more in terms of selling to governments and hospitals, rather than your average Joe slowing down the process by ordering 5 kits for his family. (That piece of the puzzle will come later.)
Selling in large quantities initially makes sense.
1) It will allow more people to be tested.
2) It’s much more profitable exclusively selling in large quantities, rather than being slowed down with nickel and dime orders.
PRED STRONG
100% agree.
Any significant PR will have the most impact if it is released close to the trading restart, right when the SEC gives PRED a full exoneration. That’s what I would do.
TD Ameritrade account locked and loaded.
Yeah sure, what the heck. I’m game for buying more shares if it really gets anywhere near .20
I’m more than willing to do my part.
Bring it.
Great post.
PRED management has found another way to achieve success. But it’s not their prior strategy of releasing PR’s until the stock price gets to a certain level for x days. That’s where longs are getting stuck presently, though it is certainly understandable.
There are a number of ways for PRED to move forward successfully now, but I’m going to leave it at that.
So trust your DD, and choose who you believe to be credible posters. I’m not 100% confident on any of you if I’m being completely honest. And you shouldn’t be w/me or anyone else for that matter.
But what does your gut tell you about people who are posting? Think about overall trends, agendas, and what we’ve seen when it comes to facts.
That’s about the best any of us can do.
How will you know if I’m right? You won’t. But I am.
PRED STRONG
A reasonable and lucid response, Sandman.
The truth is, none of us should be taking the advice of people posting on message boards. Mine included.
And you are correct, we really have no choice but to wait for news from multiple sources.
Remind yourself wow why you got into this investment. From your response, I get the sense you have in fact been emotionally influenced by people who have posted on this board.
Review all of the press releases over the years. Look at who PRED has for management, and look at the board of directors, and consider the positions these leaders held previously. Look at the acquisitions. Look at Deloitte and Touche, and Wilson Sonsini. Set aside rumors by both the shorts and long for a minute, and look at the indisputable facts, 8k’s etc...
What has prevented PRED from crossing the finish line so far? Shorting and naked shortening of course. Every single person knows this.
And what is about to change? If we stay on the greys, which seems likely, shorting will no longer be allowed.
Having incredibly positive press releases has never been a problem for PRED. The problem has been the price per share benefits after these press releases have been controlled with an iron fist by shorting.
So take it one final step.
When further positive press releases come out, and PRED is on the greys, and shorting is no longer allowed, what do you think will happen to the stock price? :)
I’m perfectly comfortable with this position of waiting.
PRED will be exonerated by the SEC, while other COVID-19 related companies will not. That will be very telling, and we all know many eyes will be watching the outcome of all of the suspensions.
We are so close to getting major news announcements - the delivery of 1 million test kits to Wellgistics, the announcement of additional orders, and FDA Authorization for our test kits.
Originally I was hoping the SEC might announce an early exoneration for PRED today, Monday. But now I’m hoping they wait until May 6th to make the announcement. If one or more of our major news announcements hit before the exoneration, this will be somethimg else to watch!
And if the exoneration does come first, we might have a temporarily bumpy ride, but we will still get to the exact same finish line.
One way or another, though they are trying to convince you otherwise, this is about to get a lot more difficult for the shorts.
PRED STRONG.