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PGLA: May not resume until wednesday according to their request to the ASX(link below)...could be the private placement news alluded to on another board or the phase III China trials released yesterday on some Chinese news wire or something entirely new...regardless...PGLA is still intriguing especially for me as I re-entered b4 fridays close on a whim:
http://www.asx.com.au/asxpdf/20061218/pdf/3105fyd31txk5p.pdf
PGLA: Halt due to PP & this possibly?
Phase III trials in China (Not rated) 17-Dec-06 04:10 am
Australian cancer drug to undergo clinical trial in China
www.chinaview.cn 2006-12-17 14:45:43
BEIJING, Dec. 17 (Xinhua) -- Australian biotechnology company Progen Industries announced on Sunday its plan to conduct a third-phase clinical trial for a new anti-cancer medicine in China next year.
According to Progen, the newly-developed PI-88 produced positive preliminary results in the recently completed second-phase trial.
They showed that the medicine could increase a liver cancer patient's amount of survival time after a tumour was removed before it recurred by 76 percent.
Progen is now preparing for larger scale third-phase clinical trials in the United States, China (including Hong Kong and Taiwan), the Republic of Korea and Singapore.
Ronni Poon, professor of surgery with the medical school of Hong Kong University, has been invited to supervise the next trial.
Poon said that although removal of tumours by surgery has become a common way to treat liver cancer, the rate of tumour reoccurrence is high and the long-term results are not satisfactory.
Currently, there is no other effective way to reduce the tumour occurrence for liver cancer patients, said the professor, who is also a doctor at Queen Mary Hospital in Hong Kong.
Statistics show that over half a million new cases of liver cancer are recorded worldwide each year, making it the fourth most common cancer and the third most fatal cancer.
China reported 346,000 cases last year, with 110,000 fatalities, which is 45 percent of the world total.
http://www.chinaguider.com/frame.html?ur
Found this on PGLA yahoo board:
Halted again...
This time pending an announcement about a private placement of shares. I'm guessing these are done close to prevailing market prices.
Could this be a strategic venture of which the placement is a component? That would be the best case scenario.
The letter to ASX gives no details other than a capital raise.
http://www.asx.com.au/asx/statistics/ann...
My gut is telling me this is BIG news!
Found this little blurb from an astute investor I've followed in the past...intersting stuff about PGLA:
"This is a winner and DNA must be concerned about the impact PI-88 will have on any future Avastin revenue stream.
Perhaps DNA are doing their sums right now and looking at a take over offer for PGLA."
Just a rumour I found of course but something's up with PGLA as last weeks action was absolutely insane!!!!
Runners: Most on this board try to assist with interesting movers we may stumble across...sadly...you seem more concerned with personal attacks than focusing on tables that may make ya bank in this casino...each to their own I always say
MRC & down...have no clue other than it was halted prior to the Dec. 13th news if I'm not mistaken so can only hope it's something positive by way of cancer news.
down...no ans at either Aussie # so fired off an email lol. My house broker says trade halt pending news so nothing to do but wait it out.
Not yet down...guess I'll make a couple of calls...glty buddy...I'm gonna shut 'er down 'til the new year...enough of this crap for me...gave back too much coin this month lol
Ya my POS lucky streak came to a crashing halt this month lol...& now I'm bagged in PGLA to top it off lol:)
I hear ya down - something was not quite right with PGLA when it broke under 5 but I only grabbed 500 shares so if I take another hit so be it. Luckily for me I was buying the crap out of CTXI friday & told all my RB friends to do the same:)
down: Ya friday was a disappointment...lost a few hundred but jumped in with a few b4 the close like I did last thurs. hoping to catch lightning again lol
thnx krznate best to u:)
thnx krznate...shouldn't there be some sorta explanation? Can't find anything but a trading halted alert from TDW.
PGLA: No halts on any of my news services including knobias but my Cdn. TDW account says trading's halted...can ne1 check it out for me? TIA
bb: Still got PGLA on radar? Nice finish friday IMO - says halted on my TDW account?
PGLA: My TDW account says trading halted? NE1 verify this? TIA
More cheapies available in PGLA now - cha-ching next week IMO - glta
Agreed MR. I learned yesterday to remain patient & sure enough got some at 5.17 today
PGLA I'm loaded big time! My instincts are good on this puppy headin' into next week!
Grabbed some more PGLA down here - bring it on next week!
PGLA long pause
GOIH & SFWJ sweet POS-land momo plays today!
Ya it's crazy! More proof that scalp season is merciless & there are no momo rules to rely on. Still say it could be an early micro-season runner if it ever finds a bottom lol
CTXI: Thought it was an end of year bargain yesterday lol...man what gives there?
Congratz tuna! Missed that great rebound for u:)
Yep you can feel PLGA buildin' up here! This thing is gonna catch fire real soon - more news early next week & BAMMMMM!!!
Gimme gimme some more PGLA;)
TDW account slower than crap this am! What a joke trying to trade through that account...ne1 else with slowness issues? Should I call 'em & demand some free trades LOL?
I hear ya MR. I'll gladly ride PGLA here as my momo tradin' instincts in pos-land were takin' a little hit in this scalp market this past week. At least with PGLA I've got something to believe in:)
Agreed MR! Your post late yesterday about simply letting PGLA ride for a couple of days was spot on IMO but I had reached my daily posting limit so couldn't respond. PGLA's definitely a weekend keeper for me - best of cont'd success to u
PGLA: Thank god I trusted my instincts & bought more at yesterdays close! Thnx again bb for bringin' to my attention yesterday! Best to all
down: Ya I'm loaded up now & still think it's gonna run - also holding RNIN from 5.47 - done trying the penny scalp crap unless the perfect opportunity presents itself - this past week was crappola for me in pos-land so I figured I'd change it up today with PGLA & RNIN - glty buddy!
PGLA: I luv this action & am avg'd in at 5.52 awaiting the afternoon surge:)
PGLA is on the launch pad finally! Gonna be fun:)
Scooped some more PGLA at 5.42:)
PGLA & RNIN both sitting at optimal entry points right now IMO - glty
Agreed on PGLA bb - it's been a wonderfully wicked morning so far - it's got huge break out above 6 bucks written all over it IMO - best to u
Yep got a bit more there down:)
I threw it in as it was comin' down - it was so quick I don't even know if my bid got there in time b4 it rebounded but I did leave it there lol
bb: They didn't give me any more PGLA at 5.66 there!!!
PGLA: Going for 6 break!