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It wasn’t a failed drug. It “worked as expected “ according to Steve King. It made him and the fraudulent BOD millions.
“Helped” is a generous term in this instance.
7.77 close. How appropriate for such a gamble of a stock. Gotta laugh at it after all these years.
Sure, tank the stock and buy on the cheap.
Doesn’t help that the entire market is down today.
Ouch. Buying in the dump.
Wrong board.
But I do see the PHIO CEO taking advantage of Covid to continue avoiding shareholders. No cc’s at earnings. No return emails. And now he is doing a virtual shareholder meeting. Gerrit should take a pay cut until he decides to produce for shareholders.
We’re at discount pricing for the afternoon. Nothing in the earnings report should have us going into the red.
Rough night for the MM’s? In AH you couldn’t buy anything below $8.85. This morning the ask is at $8.75.
Recall the days when the preferred shares were touted as being a genius way to raise money. And there was nothing else like it. And it was not a liability against the company?
The preferred shares were a way to raise cash for the bloated salaries of the former BOD (the ones who should be in prison).
Except for one 55 share trade at $8.80, all AH trades have been over $8.85. Much of the volume was over $9.
Soon to double digits.
We gap up tomorrow.
Sentiment going positive.
I’m betting the BOD would not set up the new CEO with a poor earnings report or any adverse issues. I suspect we go up after today.
Thanks Cheynew. I see that now. Small quantities on the drop, while larger quantities on the buy.
I hope so, but the company has had a case of intelligence leaks before PRs in the past. Hope the drop does not reflect earnings.
For once, wouldn’t it be great to gap up into double digits?
Not the close many of us were hoping for. Does this have anything to do with end of month?
“Shareholder value”... wasn’t the stock a fraction of a penny and never moved over the course of years? Meanwhile, Johnson was pulling in thousands. This is Proof these guys are scammers and should be in prison.
Now the question will be how long will tax credits aid revenues? Not a bad problem to have.
No fundraising. At least for the time being. Either they don’t think it’s necessary at this time or there are other means to do the buildout.
Conversely, the company may want to get past a poor earnings quarter and start out fresh. Announce earnings early. The best we can hope for in that scenario is if they give better than expected projections. The stock is not acting as if positive news is leaking prior to earnings.
Like everything with CDMO, third time is a charm. Waiting to see who the third Covid partner will be.
Nice to have earnings be early this year. Anticipating it to be a good sign.
Release a PR related to a Covid-19 contract and stock price goes down. Only in CDMO/PPHM land!
New CEO needs to fill the leaks. Seems this news was baked in and taken advantage of.
Does Gerrit actually know how to run a public company? No clue when they will start the lead candidate clinical trials? Really?? And no earnings call for analysts and shareholders to ask questions?
PHIO will continue to burn cash, dilute shareholders and reverse split. But hey, at least he is excited they got three presentations in this quarter! What a joke Gerrit is as CEO.
Only today. We will challenge it again I am certain.
Another pump and dump. The company currently has nothing substantial in place. Geert gave it all up. Spending money on excessive salaries at this point.
On the verge of new 52 week high. Hopefully I didn’t just jinx us.
“St.” Nick! Let’s hope anyway. Bring shareholders lots of presents.
1 share at 7.11. The block is at 6.91
I happened to purchase more shares this morning so, of course it will go down.
10 shares at $6.80. Balance of trades within 2 cents of $7.
Something tied to the $7 figure for today.
Guess they are not going to make it too obvious. Let it simmer a bit.
Makes sense. Now let’s see it run.
Large block buys and now small trades to bring price down.
The stage is set for a good battle the last hour and half.
I still contest we have an options battle going on today. $7.50 is the anchor until close.
LOL!!!!
Epic options battle tomorrow! Hang in there.
The July options battle may have to wait a day. Are both sides keeping the powder dry?