did the career thing long enough.
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it's disgraceful the way not a word comes out of tustin. pphm does one thing after another to discourage investors from thinking anything may have changed.
they never make me eat my words!
PLEASE MAKE ME EAT MY WORDS
the best scenario might be to have good news for bavi and cotara and still do an RS...and get the darned thing up to $15.
of course, we may never hear the term cotara uttered again the way things are shaping up, and we have not had much proof yet that bavi isn't just a placebo...
pleasepleaseplease be legit
wook...how do you like all of our great press out of ASCO so far? King certainly was right when he talked about our inflection points late last year and early this year, wasn't he?
there is no deal. there hasn't been a deal, don't count on a deal, no deal has already been agreed to. they can't make a deal. and that's the deal.
i agree that we're going to have to go through another mini-crash fro getting the boot before there's any point in releasing good news. if they release before that, we're going to dive anyhow.
atone...why do i think that is? i think it's because we have to replace the people who leave.
no, i don't have proof, but if we're doing all that hiring, where is the stuff that's being produced? where are the FDA approvals?
i see the jobs report was lousy....but Peregrine is always doing PLENTY of hiring
how can some posters here keep speculating about big buyout values and $100 share prices???????????????!!!!!!!!!!!!!!!!!!!!!!
we're a penny stock, for cryin' out loud, and for good reason!
how about getting back to our pre-reverse-split price before before assuming we're going to have $20 billion market cap in 2 years!
jeez....it's ridiculous
trading $150,000 worth of this stock in a day requires 4 decimal place bids and asks?
mouse...
i wouldn't sell the analysts short.
everybody here, and those analysts, wants the science to succeed...for all the right humanistic reasons. i believe some of the pros feel that way, too, and that's a big part of why pphm has become well known among followers of biotech.
pphm needs to make a deal that says the science has value.
that deal must stop the dilution.
time is just about up for the longtimers.
wook... after the 11 years i've spent here and what i've seen, i doubt any pros will get poked in the eye here. that's reserved for us retail saps.
i guarantee the pros will make out like bandits if this ever flies, just like they have when they've shorted while we held.
geo...
i do appreciate what you contribute here....
all big-time pros have sharp gophers who check out the science.
no way the sharp folks are not aware of pphm. the shoestring budget and lack of commercial successes over a lengthy period by the unchallenged board makes it very easy for pros to say 'show me' before they make a commitment...there are too many other opportunities for them to get stuck with dead money like we have.
they're figuring that there's no rush to get in, and if it ever launches, it's low enough that there will be plenty of time for somebody else to go first without them missing the train pulling out of the station.
damn, i wish somebody would blink.
the advisors to the investment pros obviously say it's mediocre
what are the rules for the index funds? how quickly must they dump or buy after the cutoff?
here's what i'm getting at.... instead of assuming pphm will have another mini-crash on the announcement that we're out, can funds hold on long enough to get a better price if we have news a week or two after the dump? if they can delay their sale and get out after a news-bounce, might the crash be minimized by short-term news expectations on the part of fund managers, or is it all programmed?
horselover....i'm not saying pphm is fixed, and i'm not saying races are... i'm just saying that, at this point, i don't care if they are as long as i can make some money for once.
btw, i was at Yonkers Raceway decades ago for a definite fix where one driver started whipping the the horse next to him...and that horse did win... big fight with all the drivers right after the finish line. never posted official results, people get arrested, people went to jail for fixing...big news at the time...
see..that's the thing about fixing...you have to be smart enough to not get caught or it just doesn't work!
after 11 years, i'm ok with them being crooked if i can get a 3-4-5-6-7 or 8-banger out of it. so far, i have a negative-5 banger.
kind of like a horse race. i know it's fixed, but it's ok as long as i wind up on the right side of it.
RJ..are you suggesting none of their shareholders sold when their stock almost doubled in a day 3 weeks ago? is that recent enough for you?
robert..their record of creating value for long-time holders is not in question...as is ours.
holy smokes...the closing price was actually supported...
wonder why
i suspect we shot up on good volume earlier in anticipation of news that didn't come.... it was probably a momentum play by people who have been watching and waiting...not wanting to miss liftoff. since the news didn't come at the customary hour, volume pretty much stopped...
if it finishes up at all for the day, we should get to repeat this while creeping higher till news does finally come.
let's hope it's good news, whatever and whenever it is... and let's hope there's enough of it to eliminate the looming R/S from the discussion...
i think we just funded payroll.
could we EVER finish at the high of the day?
wook...would love to be getting excited that cotara news is coming...but history suggests that it may not be the news I want....
get a grip, johnny. it's .55
wook...
and how many times have folks here been sure we're off to the races?
pros make money when stocks go up, and they make money when stocks go down.
that's exactly why they're all screaming bloody murder of Facebook's crash... they are NEVER supposed to lose in the fixed game..only the retail customers are supposed lose.
makes sense to me that dart, blackrock, et al, also short when buying a risky stock like this one, particularly when it could potentially go through the roof while it can only go down a dollar or so from where they got in. they have probably gotten a good chunk of their initial investments back already by doing that..
i wish i was playing with house money.
since there's no volume, the price at the moment is baloney.
great preliminary results, and no pop to speak of.
our science has really taken the industry by storm, eh?
goat...
i know you've been around here a long time, and you used to contribute a lot..till you got too disgusted about this whole freak circus surrounding pphm...
gotta disagree on the buyout price. i don't think there's any way this thing sells for triple digits. this thing isn't bringing $10 billion...at least not in my lifetime.
even 1 billion is a longshot, and if that happens, it can only be after at least another few years, after massive amounts of additional dilution that would wipe me out.
i would just about sell my soul for this thing to get up to $5-6 within a year...i would gladly take most off the table there before I'm too old or sick to enjoy it...
dew... while you're an arrogant dick, i have to admit that was pretty funny :)
stone.. it's a fact that it's still scientifically anecdotal... not worthless, just anecdotal. larger samples are needed to change that statistically... at the same time, the trials track record to date lends credence in the eyes of potential partners, with whom PPHM is playing a classic game of chicken.
he won't admit it, but Dew just whispered "maybe" in his biotech values msg 142322
Dew..how about being a bit more fair (and intellectually honest) about PPHM's PR and say that while the results aren't necessarily statistically significant or compelling given the size of the trial, it would appear that their drug may not be a placebo after all? PPHM may still be a poor investment in the short term for current holders, but announcing the death of the technology may have been premature.
but pphm management thinks communicating with shareholders is a sign of weakness and the FDA looks at it unfavorably.....I'm sure Chris thinks would say these people must be very desperate.
algos are going nuts with facebook...the manipulators will not let it go under exactly 38.00..they keep bouncing it
TCJ...
weren't we promised cotara's big day in december? or was it a few months before that? or a few months before that?
it's now late May an NOT A PEEP on ANYTHING.
big money pretty much thanks of the company as a joke. after the board's lengthy track record, it's a long shot that they'll ever bring it home.
probably the only way it ever takes off is if i short about 100,000 shares.
so what's the problem? we're only down a little more than 3 times what the biotech index is down today... that's no worse than any other times in the last year or so
abstracts for pphm are absolutely, totally, and completely meaningless this year.
the pipeline has plenty of discoveries that will either be monetized eventually or just be neat science...like bavi and cotara are so far.
the share price only moves up now with excellent later-stage results or FDA blessings that set up near term licensing...
long-time holders like most of us are screwed otherwise.
the korn kicker's been a better value lately
loof...i'm tryin to ketch up....