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Exactly they will cover at the very bottom. On the open probably opens who knows .20 .10? YEP a shorts dream come true.
I hope you're right but I doubt that will happen. Why did the shorts take out 400k more shares 20 minutes before the bell on Tuedsday>? Cause they know more than the longs and have deep pockets & insiders everywhere. And are 10x smarter than anyone here. Including the DREAM TEAM at PRED.
They should of done it long ago. I believe China did that before too. They acted pretty quick. I don't know if they will do it here as many in Congress make a killing on allowing shorts to short illegal or legal.
That's why they won't stop it here.
Just because one has a some kind of FANTASY about PRED opening in the $3-5 range, that is delusional at best. And it's a pure fantasy.
Extremely bad news for PRED shareholders.
The stock may rise a little in the week or so following its debut on the Greys, but as it does so, volume will decline, making fills more difficult. It’s best not to wait too long, and lose your chance at recovering some of your investment. After weeks, or perhaps a few months, the price will plateau for awhile, as volume continues to drop. In the end, liquidity will dry up entirely, and the issue will trade only now and then causing the price to drift down slowly.
Can a Suspended Stock ever get off the Grey Market?
In order to resume trading normally, on the Pinks or OTCMarkets’ OTCQB tier, the company must find a market maker willing to file a Form 211 to enable it to regain compliance with Rule 15c2-11. The form looks simple enough, but it is not. And there’s a special section asking whether the issue has been subject to a trading suspension. When an MM files a 211, it assumes liability. For that reason, they are not generally willing to sponsor a company that’s been suspended unless they have very good reason to believe the SEC will not be bringing a further enforcement action. Usually the agency is unwilling to offer such guarantees, and so the stock is left in limbo.
Are they going after DECN? Sounds like they fit the bill more than PRED?
When the stock hits the grey sheets at .02 then Hindenburg will cover millions upon millions of shares. And we'll get our 40-50 million share day it just won't be at 2-3 dollars it will be .20-.30 by then.
We're stuck now and I have a feeling it's not going to be pretty when Cinco de mayo comes around.
I am behind you 100% if they did lie about the tests! I can't wait to see them all in nice new shiny silver bracelets with brand new orange suits.
I;ll take my losses and enjoy every minute of BRAD in a jail cell with BUBBA!
And if they don't deliver it won't be worth .199 cents.
Yep it's PRED behind it with FAILURE TO DELIVER! Only 1 reason and 1 reason only! IF THEY DELIVER before the 5th there is hope this don't go to zero!
How long can we expect this great news around the corner? 1 week 1 month 1 hour 1 day 1 minute? 1 year? or 1 decade?
Oh wait it's here SUSPENSION of TRADING by SEC for INACCURATE PR's. WOW PRED f'ed up big time. Wonder if we all become part of the class action suits that will be piling up?
Sounds like the BS said when the stock was way ahead of it's valuation last year. The earnings will catch up with the valuation. WOW that was totally wrong.
Yes so is Christmas and 100 other companies with more tests? Where are PRED's 15 days approaching and yes something is amiss.
You mean if it breaks support you see it headed lower? Not up?
All we have is hope beyond hope.
NO something isn't rotten in UTAH is it? On Parleys way?
The PR is due out Wednesday they just didn't say which Wednesday. The 5th Wednesday of leap yr? LOL
Yes good strategy as most otc fail to amount to anything. P RED is no exception.
How is this green when oil is down so much?
Another day another -10% loss. SIGH will PRED DELIVER iS the question. BUT THANK GOD NEWS TOMORROW for another 10 million test kits ordered. WHEW were so blessed to be in this stock.
It's always great to be able to buy cheaper than the day before don't ya know? Problem it;s been going on since 6.91
That's a nice dream! I'm still waiting to see if they delivered the first 1 million test kits?
So true all we have to go on is not much, but we have tons of speculation.
They'll pay you .15 a barrel to take Canadian crude. It's now negative per barrel. North Dakota gasoline at the rack is .12 cents a gallon.
I am waiting to see if they will ever be able to deliver?
According to the contract Wellgistics is pred's sole distributor
There's always next week and next month right???????
We have a real DREAM team here.
TMO buying PRED for $20 when they can buy them for less than 1/20th.
What happened to big stakeholder that was going to take 10% of PRED?
HMMM never seen anything filed or announced for that BS.
With each news release the stock drops even more.
The problem is we never know when the dip is going to end? DOWN everyday pops on BS news. Then drops when reality sinks in. NO EUA No DELIVERY NO TESTS. Where the hell are they in China? Must be on a slow boat from China hope it doesn't sink on the way here.
PRED losing $MILLIONS this isn't so fun. Market cap wiped out and dropping daily.
It sure has and yesterday 1.03 WAS A BARGAIN SO WE WERE TOLD. Today .93 will be a bargain. Tomorrow .83 etc etc. When will PRED deliver next WEDNESDAY is that true?
PRED can't hold a dollar .20's are coming if they fail to deliver this test.
Well then wait for the low .20's when PRED fails to deliver AGAIN. I hope I am very wrong, but so far their test is very sketchy/////?
If they fail to deliver I wouldn't buy any shares. And dump everything I have.
Where is ORRIN when you need him go wake him and tell him to make some phone calls already. He has ALL the CONNECTIONS IN DC don't ya know?
WHAT DOES THAT HAVE TO DO WITH THEIR LACK OF SALES OF STEM CELLS THE LAST 2 QRTS? We were just told this is the greatest stem cell company in America!
How long have we been waiting for it? Supposed to come this week and it's still not here. Sigh will it ever be? Or is this all pie in the sky?
Can you imagine PRED having the best test of anyone, but no one can get it?
So successful their 11 growing 1/4's decreased to 5x what they used to do last year. And threw away $3.7 million in stem cells. WOOO gotta love losses like those.