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I hear you, happy G, but I’ve been rounding up since I hit my initial goal of 200,000 shares! LOL.
Many of us longs have gone mostly silent on this board.
It would be a mistake to take that as a sign of losing faith in PRED. I remain just as committed as I was before with my 395,721 shares. The shorts can drag this out for a while, but the outcome of PRED being a successful company is Inevitable. It is still just a question of time. I’m not going anywhere just like many other longs.
However, like other people have mentioned, everything, including the stock price, is meaningless until management is ready to make their push for NASDAQ again. So there really isn’t much point in paying much attention on this message board at this time.
PRED STRONG.
Amazing press release this morning.
I think it is going to be most interesting to watch from our firmly established long positions as the general public becomes more and more aware of PRED, and we get to watch as this monster comes to life.
We are in 100% agreement greencandle.
Morning Snow,
All of the powerful players, including NASDAQ, and even HB, are well aware PRED's stock price will recover, and they will end up on NASDAQ. They all know it. (Posters on this message board will be the last to know it.) However, NASDAQ would still have to be thorough and do their own due diligence regarding accusations in the hit piece. If they had found anything alarming, they would have declined the application.
But yes, PRED's projected annual revenues are extremely exciting, and I agree Deloitte, and Wilson Sonsini would have to sign off on them before PRED could release them as being accurate.
No argument, happy g,
Each of us longs has to decide if we really believe in PRED based on the facts, not if the wait has taken longer than we initially thought it would take.
Far too many investors have missed out on amazing opportunities because they wanted to take action, and buy, or sell, because they lacked the discipline to wait and ”do nothing”. I’m not saying it’s easy. It’s not. Due diligence, and discipline. Not that many investors practice both consistently.
But yes, the waiting sucks.
Seriously, I’ve never been so confident as after reading this post by Maz.
Desperation, from someone claiming to be a long for quite some time - and at a time where it’s clear the tide is about to turn.
And if this does end up taking a little longer, guess what?! - some more supposed long term longs will turn, claiming they’ve finally seen the light, and are convinced PRED is a failure.
This is a set formula, people.
We are so close.
Sit tight, and buy more if you can.
This will be the next Amazon/Apple, but in the bio tech sector. Look at the facts/PR’s, rather than the unsubstantiated rumors/ fear induced lies.
100% agree, Brooklyn.
We must be very close. I was just thinking how interesting it is how many supposed longs are planted on this kind of a board, and how periodically one of them turns to try and get others to sell. It is such an obvious formula. But I’m sure it works, at least w/some, or they wouldn’t do it.
It won’t work with me. I’m not going anywhere.
It also demonstrates just how few investor really know about this amazing company. As much as some of the investors hate it, this company really is under the radar.
Long and strong.
There is nothing contradictory about my two posts earlier today.
PRED has been dead quiet for months now, much to the chagrin of some of the posters on this board.
At some point that will change. I’m guessing it will be relatively shortly after this recent presentation at the investor’s conference. And if I’m right, I expect them to drop the hammer, and this will turn around quickly.
But to have expected management to have released information piecemeal over the past months before they were ready, does not seem wise to me for the reasons I listed in my earlier post.
They tried that strategy before and it didn’t work.
I think it makes much more sense to get everything in alignment, grow the company, and then release an avalanche of impressive information (after their have institutional investors lined up and salivating) so the war is over in a heartbeat. That’s what I would do anyway.
(This is my last post allowed for the day.)
That’s the million-dollar question, waitn2retire.
But consider this - We know PRED presented their impressive slide deck at the recent JP Morgan‘s investors conference. It would not make sense to do so, if significant news wasn’t on the way in the relative near future.
In other words, why go through the dispersal of optimistic information to powerful players, if it was going to take another let’s say 9 to 12 months or so, to actually do anything meaningful? It wouldn’t make sense to get potential buyers all excited about the process, but then keep dragging it out.
I guess time will tell if I am right or not.
Can someone please explain to me why some of these supposed longs expect management to divulge their updated game plan moving forward, and uplifting to NASDAQ?
After what happened with the hit piece, and the shorting, and naked shorting, why in the world would management tip their hand, and risk nefarious characters capitalizing on there present and future business plans?
As much as I am eager to learn what is going on behind the scenes, I would much prefer management stay quiet, until they are ready to steamroll those that I listed above.
Wouldn’t surprise me in the least.
Intentionally chop the legs out from an up and coming company that isn’t strong enough to stand on its own 2 feet yet.
Allow the company time to grow and mature.
Make even more money on the way back up, while promoting them.
They even put that in the initial hit piece they might change their opinion and go long at any time.
If so, as you put it, hold onto your hats.
Again, this is quite the opportunity this coming week with the investor’s conference.
It would be a fantastic time to release a big press release or two. Without significant news, the conference will just be another wasted opportunity.
Come on PRED! Let’s start to light this up, and burn the shorts! It’s time to show those of us who have been faithful what you have been working on.
It sure seems like PRED is entering a significant window of opportunity here to turn things around.
1). Big time selling is drying up.
2). PPS seems to be buyer driven rather than seller driven, w/significant, large bid orders helping to drive price up.
3) JP Morgan conference
4) Heck of a rally today, after shorts tried to pummel pps down.
5) A significant press release or two before/during JPM conference sure could add to the catalysts.
Tick tock.....
Indeed, surfgreen.
But many investors, including myself, have seen quite the fluctuation in pps over a number of years. Not to mention, I have to assume the majority of longs are underwater presently.
It’s going to take some big PRs, coupled w/significant pps movement, before we start feeling confident again. Truth be told, I won’t be confident until PRED uplists to NASDAQ.
You have an opinion on what’s going on (if anything) right now, Georgie? Or too early to tell?
Thanks in advance.
-PIW
Issf,
Sorry for the delayed reply, but I run my own company, and I'm still working hard during the days, until this thing hits, and I retire. It's why I tend to post in the evenings.
By no means am I any kind of OTC stock expert with expert 'tools' at my disposal. Quite the contrary. Though I've managed to do quite well as a value investor with well established stocks that have been beat up for reason 'x' or 'y', but I believe will make a comeback. I've learned to often do the opposite of what the sheep are doing when it comes to investing.
When I see a panic exit from a stock, I stop and ask why. Is the stock really doomed, or destined to ultimately make a comeback, because investors lacking the ability or discipline to perform due diligence, are overreacting.
If I'm being honest, it's blind luck PRED was suggested to me by someone I very much respect, and knows a lot more than I do. But, I'm smart enough to have done enough due diligence on my own, and used some valuable intel on this board to know this company is the real deal. I believe TL is right. Most of us are here because we are fortunate enough to have had someone point us in the PRED direction. And he's also right, we should give those people a big hug. I plan on doing that very thing when things take off. I also plan on being generous with other people in my life. This investment is nothing short of a miraculous gift.
And I'm quite good at reading people. By no means have I been 100% accurate on these boards, but I'm a very quick study, and I've definitely tracked patterns and learned a lot along the way.
I was told PRED would need the shorts along the way, and this is coming to pass. The shorts are helping to keep the pps low while the institutional investors are gobbling up ridiculously low priced shares in staggering numbers. The investors are beyond fortunate to be getting so many shares at these prices and I assure you they know it.
As I've already stated, I have just under 400,000 shares, and I'm averaging 81 cents/share - that should tell longs how confident I am the pps will ultimately turn and head back up - for real this time.
Many of you are correct. The shorts are in real trouble now. I was told many a month ago the shorts already couldn't cover. I think at least to some degree, Brooklyn is right. They're panicking. They're beating the drum of doom, trying everything in the book to shake shares loose, so they can buy them.
I don't think I've read a single good argument to sell yet. Fake photos? Refusing to meet with the the CEO? PRED doesn't have any good product? The last earnings quarter was down? Mr Robinson purchased an additional 10,000 shares of PRED and that is a bad thing? PRED is out of money and about to go belly up.
I mean come on! If I were a short, I could come up with better sounding arguments than that. Lol.
So, quite a while ago, I exercised my right to 'ignore' the main perpetrators on this board - both shorts, as well as longs pretending to be shorts. And guess what? This board has become a much more peaceful, wonderful experience when I occasionally check in.
I can't remember who posted it earlier today, but someone said there would be no secondary at these prices, and I've been told that as well. And that's very, very important. Someone suggested the shorts are so used to using their set formula (that works by the way), on this kind of scenario, many didn't stop to do their own due diligence, instead making assumptions, this would just play out like past experiences. Oops. It won't.
PRED has money. They have earnings, and they have partners who will very much back them financially if need be.
The smart shorts probably already got out. But the ones in over their head, are coming late to the party, and trying to ride coattails, as they've probably done successfully in the past many a time, are going to be in serious trouble when this turns, and they can't cover.
Management knows they are going to get on NASDAQ. If they weren't positive, they'd withdraw their application, and pursue a different avenue, such as the NYSE.
Has anyone else bothered to research the other companies Hindenburg Research has gone after and what has happened to them? The real companies suffer temprorarily, including their pps, but very much rebound.....and PRED will too.
This is why PRED's management didn't panic, when things unfolded the way they did. It's why they didn't respond to the hit piece. It's why they haven't started jumping through hoops in an out of control fashion trying to appease everyone else who is panicking. They aren't worried. They see the big picture. I'm sure many of you will continue to disagree with this strategy, and that's fine. No need to state your arguments again, or attack me. I'm frustrated as well. I too wish I had more information and could see the entire picture.
But I see enough, to know everything will be okay for us longs - if we can remain patient - if we can trust that management has found an alternate path to the NASDAQ from the original game-plan.
Personally, I can't wait until the first really big PR comes out in 2020, and the panic really begins.
PRED STRONG
Good evening, Chasing.
Certainly a reasonable question from you wondering why we have at least one large seller. I can’t answer that question yet.
But what I do know is that some very powerful, big-time investors (who likely know A LOT more details about PRED than we do), are gobbling up every single share that becomes available. This speaks volumes.
You better believe these investors have done their due diligence. When big established money comes in w/this kind of volume, it inspires a great deal of confidence.
It seems to me management’s game-plan has been reversed.
Initially, PRED was looking to quickly uplist to NASDAQ, which would have been an accomplishment all by itself, but also would have allowed institutional investors to buy substantial amounts of shares.
We’re all aware the NASDAQ uplist has been temporarily delayed. However, PRED has been ‘penny stock exempt’ for some time now, allowing many institutional investors to buy substantial shares. We all know this is exactly what has been happening, while we have at least one seller dumping shares.
So, we have a huge amount of shares being purchased by big boys, who will be holding these shares for a substantial amount of time, as they know how big this company will be.
This can progress several ways. 1) some of these large institutional investors could temporarily take them off the market (as was suggested by a poster), thus significantly decreasing the float. 2). Big PRs can start being released that will push the pps up markedly. 3). Both could occur simultaneously.
NASDAQ to follow.
So what’s the theory? That NASDAQ felt uncomfortable with these large shareholders who had the power to significantly influence PRED’s pps/stability, and wanted these shares sold before moving forward with PRED’s uplist application?
Wonderful.
This has been so much more painful than it needed to be.
But I'm not going anywhere. I can definitely wait out these obstacles.
The two names I notice coming off that list are Tim Lacy with 12 million shares, and Merle Ferguson with 6,525,438 shares.
Are you under the impression they were both sellers, Learningthetruth? I'm not questioning you, I'm just asking.
If so, 18 million shares is an awful lot of shares to be sold.
Thanks in advance.
Hang in there, longs!
I don’t post much anymore, because there isn’t much to add to the discussion, other than an occasional reminder to those that are discouraged with what we own.
Nothing has changed in the fundamentals of this company that got the majority of us longs interested in this investment in the first place. Actually, that’s not true. The fundamentals have drastically improved over the many months, and there are plenty of PRs to prove it.
The hit piece was a devastating setback, with “setback” being the key word.
PRED’s management got handled, and handled badly, when it came to a relatively quick uplist to NASDAQ, but that does not equal the company they are building isn’t real. Far from it.
Obviously there is now a new strategy in place to get to NASDAQ, and since NASDAQ hasn’t declined PRED’s application, it’s simply a matter of time until the missing parameters are met. I believe it goes beyond the pps, but concede I don’t have specifics. (Part of it could have been Tim Lacy and all his shares creating potential instability?)
What is management’s new strategy? Who knows. After what just happened, expecting them to advertise the new game-plan doesn’t seem very realistic or wise. I know I wouldn’t tell a sole if I were in their shoes.
Perhaps some info in the hit piece needed to be explained/dealt with in order to allay fears for NASDAQ. I was told it was not the pps holding us up. The pps would be the final piece that needs to fall into place, when other variables are met.
Right or wrong, management is not about to reverse course, and head in a different direction from NASDAQ. They’re beyond determined.
And so am I as a significant shareholder.
Tick tock.....
Hey TL - your “something is happening” loop has been broken!
You appear to be getting excited.
I was told the NASDAQ uplist would likely happen on a Friday after the market closes.
Somebody recently suggested the next PR would be something w/serious teeth. I happen to agree.
Hmmmmm......
That is arguably the best post I’ve read on this board.
Very fair assessment in my opinion. This has been a very painful process for us longs, but we will have our day in the sun. And we will end up on the NASDAQ.
All it will take is time and major news. Both are inevitable.
Adding again today in the 80’s.
That definitely seems like a realistic potential scenario. And if you are correct, how do you envision things progressing? TIA.
Excellent update!
I have 387,712 shares with a sell limit order at $40.
Longs, if you haven't done so yet, follow this advice, and make it harder for shorts.
Can anyone say, "SQUEEEEEEEEEZE"?!
Thomas, can you comment on who you know/believe is selling all the millions of shares recently? Coming to an end soon, I hope? Thanks in advance.
I’m definitely in for an uplist party - Nashville, NYC, Vegas, my hometown (San Diego), wherever!
First round on me for all longs in attendance.
We definitely need to come up w/a celebratory matching t-shirt to wear. There are some clever folks on this board. Ideas?!
We should force (I mean strongly encourage!) Thomas to attend. We can sucker him in with some doll accessories for his daughters. No way can he say no to that.
We seriously need all of these big buyers vacuuming up all of these many millions of shares being dumped on the market right now. This process is both creating a strong foundation of investors, and preventing the pps from falling even more than it has.
If seems to me if management released significant positive information right now on deals/material info, that would push the price up prematurely, before the big buyers finish creating this desired strong foundation.
Sure the pps going up immediately would bring instant relief to us retail investors. However, management needs to do things in order, thinking long-term for all investors and the future of our stock.
Temporary pain, but w/extremely beneficial long-term results for those retail investors who can hang in there.
This foundation being built is such a positive step in the right direction for all longs. See it for what it is, and understand we are that much closer to lift-off.
Added today.....blood in the streets.....due diligence over emotion.
Filled Buy 100 PRED Limit 0.85 -- -- 15:54:40 11/20/19
Filled Buy 3880 PRED Limit 0.85 -- -- 15:54:45 11/20/19
Filled Buy 3625 PRED Limit 0.83 -- -- 14:38:39 11/20/19
Filled Buy 455 PRED Limit 0.83 -- -- 15:03:47 11/20/19
Deez, I agree w/your summer 2020 timing prediction, IF we have to rely on earnings to get there. If big announcements come out, which I expect, it could be much sooner.
Question for longs:
Is it so inconceivable to believe what is occurring right now is actually part of management's game-plan?
I hear an awful lot of investors complaining about how PRED's leaders are handling our crashing stock price, and not being more vocal regarding specifics on deals, and progress being made within the company.
However, keep in mind what many on this board are saying about the current consolidation (which I agree with), where weak hands are being shaken out, and the 'big boys' are coming in to scoop up massive amounts of shares. These same 'big boys' are WAY more likely to own PRED shares for a long period of time because they know what they own, and they're looking for a huge profit.
The small, retail investors are much more likely to sell, when they get back to even, or maybe make a small profit, because this process has been a scary emotional roller coaster, and too many truly don't know what they're holding - which is of course why we're hearing so much whining and complaining on these boards on a daily basis. I've recently changed my perspective where I now realize these small-time investors ARE the problem, and will only make the stock price that much more labile when the pps heads back up for real. This ultimately hurts all of us real longs.
From a bigger picture perspective, it would make sense to intentionally shake out the weak hand investors, and bring in a more knowledgeable, less fearful investor base. While this strategy doesn't do much for looking out for the little guy on the block, it would make sense for stock price stability longer term.
So, as I've been saying from the beginning, instead of questioning management's current lack of disclosure, and seeming indifference to the cratering of our stock price, carefully consider we are actually in the midst of a very intentional shifting of weak investors, to powerful long-term stock owners.
The good news is this doesn't have to be a negative for you even if you are a retail investor. If you don't panic. If you can keep your head.
The big selling will come to an end, and when the weak hands are mostly shaken out, well....it's going to be a very good day.
Big picture folks.....
No. You’re not interested in hearing my thoughts on those matters. They’ve been discussed ad nauseum.
By now, the agendas of everyone who has been around these boards for any length of time, you included, are crystal clear.
Investors have decided what information they do and don’t believe. Sides have been taken, and game-plans long established.
There’s nothing I, or anyone else for that matter, can write to alter the path you have chosen. If a person is still asking those questions, they either have ulterior motives, or they’re in WAY over their head.
Tick tock.....
Strongly considering getting to 400,000 shares before this officially kicks off.
20,000 more to go. This is going to be so sweet! Hard to believe some of us have been given the additional opportunity to accumulate at these price levels.
Incredible foundation of strong longs forming, as the weak hands have folded. It’s been ugly, but everything is falling into place. I was told years ago that shorts had an important role in this entire process and now it makes sense. Thank you shorts!
Exactly, HP.
I simply can’t get past all of the amazing confirmed facts you just listed.
The doom and gloomers posting hypotheticals and the ‘sky is falling’ scenarios can’t explain away what you’ve posted.
Admittedly, I’m no market genius, but I’m smart enough to know we wouldn’t be staring at that unbelievable list of positives, if PRED was a fraud.
Simply a matter of time.....
Keep the faith, longs.
And keep in mind, earnings may not be the only way for us to reach our prize. (NASDAQ)
It doesn’t matter whether you believe me or not, but I’m hearing pps is not the variable keeping us from uplisting to the big boards. I wasn’t told what the limiting variable(s) could be, but I’ll bet it’s tied to what temporarily rocked our plans and pps relatively recently.
Sometimes things are not what they seem.
And if I’m wrong, we can always stick it out, and wait for the earnings.
We may be closer than you think.....
Agreed.
The shorts have PRED’s stock price in their grasp for the moment, but that does not mean they control the company’s fundamentals or future. Far from it.
Like it, or not, management is not fighting the pps battle at present. They are, however, working diligently on fundamentals and the future of PRED, and for those who can wait it out, this is truly the only battle that matters.
And PRED will uplist to NASDAQ. The hit piece succeeded in postponing that inevitable outcome, but only by extending the timeline.
Oh, I assure you, I’m buying.....
Filled Buy 3980 PRED Limit 1.00 -- -- 15:57:55 11/12/19
Filled Buy 600 PRED Limit 1.00 -- -- 15:58:16 11/08/19
Filled Buy 3316 PRED Limit 0.99 -- -- 15:56:27 11/08/19
Filled. Buy 100 PRED Limit 1.15 -- -- 12:08:03 11/05/19
Filled Buy 1540 PRED Limit 1.15 -- -- 12:08:06 11/05/19
Filled Buy 2100 PRED Limit 1.00 -- -- 15:58:21 11/08/19