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I bought at $48 and it instantly dropped to $42. I thought I was in too late. I never was able to build a sizable position but looks like it is growing on its own. Holding long.
PMCB is a sad tale, Half a penny a share. Wise longs headed for the hills long ago. The smell of lost money in the stinky quagmire of penny world.
My head is spinning here, I got in two weeks ago at $6. I hold long, at least a year. Hoping to see some fleet orders here this year.
Looks like I got in at a good time. FUV
I own PLTR as well, and NIO.
There are opportunities abound.
Livendi, I own a little XPEV and FUV. For what is worth.
I believe NIO is the bell cow of the herd however.
Completely happy with $60 this year. Absolutely would not be disappointed. Love NIO's prospects.
Strong day today for FUV.
I am not worried personally. I hope we are just getting started here.
3 minute battery swap, and you don't buy the battery. That is a recipe for success. Plus good cars.
We are just getting started here.
Kudos to those who got in early and weathered the storm.
This vehicle will need doors to be useful year round in many climates, otherwise I love the design, it is fun and simple.
I know there is a pic of one with doors in the intro. I do not think they produce them with doors yet.
I think the Deliverator is the money maker for this company. If I was buying one for personal use I would want the Deliverator so I could carry a few things and potentially lock them up. The problem is then it's a one seater.
Good support yesterday after the drop in share price.
Would love to here a press release regarding large orders.
I thought we were getting a press release today explaining in detail what the FDA needs to release hold. LOL
Now we will drain what little cash we have on hand paying salaries unless they are going to further dilute us. I wonder which it is.
At what price would someone buy block shares from this company?
maybe .0005. Is that the going rate now?
The slow drag of progress is benefiting who?
Who is always making money here?
Yup, and Alan Morel is going to "tell our story". PMCB
In for another 1k shares, already making money here. Somewhat alone apparently.
Its ok for Nio to take a round off in a 12 round fight. They will be one of the winners in the end.
Every time I buy a stock Andrew Left (Citron) tags it as overvalued. I must always be late to the game LOL.
Esusan, You know am awful lot about PMCB. I will give you that.
I understand. It was sub penny under another name. Then after the name change It had a 62cent high.
Now it is back at sub penny.
My suggestion is time for another name change.
I need more shares here. It appears to be pulling back.
"Nobody is panic selling" Who is left? The stock went from 62 cents to sub penny.
This is a typical penny flippers stock now and it is great for that.
When will PMCB tell us what needs to be done? Why are they waiting so long with this info?
Because slow benefits them.
For your sake efood I hope I am wrong.
https://www.ceylongraphite.com. Very interesting website is Ceylon Graphite, with an Interesting Musk quote.
"Our cells should be called Nickel-Graphite, because primarily the cathode is nickel and the anode side is graphite with silicon oxide… [there’s] a little bit of lithium in there, but it’s like the salt on the salad."
Elon Musk
CEO, Tesla Motors
A quick dip into the mid 20s would be nice.
Two to three months thats it. I respectfully beg to differ. 12 months to two years in my opinion. Kw was not specific about tests but he did say "a lengthy list". It's going to be much longer than 3 months, at least four times as long in my opinion. Pmcb does nothing quickly. Why would they?
Getting out of PMCB stock reduces pain.
Livendi, I think this is a great opportunity here. I am accumulating my brother.
Exactly, It's not that they need to dot a few i's and cross a few t's on the IND. They were not even close. Completely missed the target.
This is just a penny stock for penny flippers now.
I am in on Acrimoto. Picked up my first thousand. Ready for a big down day to add. Investors need to shake the bushes to find this one, but they will.
dschultz, I purchased 3k shares two weeks ago and plan on holding for at least 5 years probably more. I envy your purchase price. I got in at 28 and I am happy with that. If there is any sizable pullback I will add a few k more. NIO is a solid long term investment in my humble opinion.
The share price has everything to do with two things. Time and outstanding shares.
The share total is so high that you have to own millions of shares to have any skin in the game.
They are going to need a lot of time to complete "a lengthy list" of tests required by the FDA. This is in no way a quick fix.
In order to pay bills and salaries they are going to need to create more shares to sell. This further dilution makes existing shareholders positions worth less.
Now with these new existing shares the company will have to sell them in bulk at a discount.
What is that discount price going to be when we are trading at 1/2 a penny? Probably between a tenth and 2 tenths of a penny maybe lower.
Then, those that bought those discounted shares will start selling massively at low prices holding the stock down. We have already seen this.
Now tragically diluted, with toxic finances selling shares every day, pmcb will move forward?
Eventually no-one will buy these shares, not even the discounted ones.
I just do not see this group of execs pulling this out of the fire.
WHO is making money here and Who has been making money all along, besides flippers?
WHO benefits from a long to do list from the FDA?
The answer to both questions is the same.
Tajim,
In a perfect world the FDA should act only on its primary purposes and not be influenced by big pharma money or any other conflicts of interest. The FDA, like nature, should not care if you are there or not there.
Does having a long to do list after the IND submission benefit anyone?
Who is making money here?
PMCB is doing just as it was intended to do.
It's too late to call the vet for this hound.
THESE ARE JUST MY OPINIONS.
Not a month, a year easily. It takes these guys a month to put their socks on. It is going to be a long long while before pmcb address all these issues. If ever.
I thought the pre IND meeting told us everything we needed to do. I guess that was false.
I thought we had one shot to get the IND right, thats why it took so long. I guess that was false.
A year at least if ever before accepted IND. My opinion not advice.
"I have no skin in the game here and do not know the history of PMC"
Knowing the history would help you understand. We have been padding the portfolios of older execs while they drop names and provide falls hope.
The shares have gone from .62 to half a penny.
The CEO is shifty (thats my nice word).
Even if the technology has value it will be a long long time before hold is lifted if ever.
I would not want to be among the next group of shareholders to loose money here.
All my opinion, good luck!
I had my limit order already for the open. Got out at .007. A very small victory.
It will be at least year before PharmaCyte completes this "lengthy" list from the FDA. They do nothing quick.
How many of billions of shares will be outstanding by then?
I will buy back in at .0001 as well. MAYBE
Where is the money coming from to run tests and pay salaries? People who bought block shares at .005 would loose money if they sold right now.
Another hard lesson learned. Well learned! PMCB
Well, now we know. It's a "lengthy list of items". Game over!
https://ir.pharmacyte.com/press-releases/detail/258
I have never expected the company to provide shareholders with FDA correspondences.
"you surely understand that Propriety Information will not be disclosed , and some of FDA responses may be information that cannot be made public for a variety of reasons"
That sentence seems like one that could create cover for KW.
I believe that it would be quite easy for PMCB to give us the reason for the hold without disclosing proprietary information. They two matters are easily separated.
I don't KNOW, I was expressing my opinion.
I was basing my opinion on the probable expansion of the EV market in the next five years.
I believe this expansion is more powerful than anything the US Government can do either way.
In other words. The expansion is going to happen no matter who is president.
What is your opinion regarding Tesla's future?
LOL, Tesla up today. Stock did great under Trump, will continue to do well under either president.
Yes, we are waiting for the company to disclose what the FDA needs. As owners of the company you would think they would get that vital info to us asap, but we are on KW's time frame and that could be a long time. You know darn well KW has known this info for a while. Why don't companies owners know.
It does seem shady. I don't want it to but it does.
I don't think you see a good surge in this stock until positive trial news, if that happens. Just my opinion.
I never said it was posted. I said it's been asked and they said no. The last Time A2Z was ranting about an FDA letter I asked the company if they would provide and they said no. I may have posted, do not remember.