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Has anyone been watching this?
Sorry
Been in this since.48 just on momentum. Kept watching it. Lucky I guess, although haven't sold any. With a 1.15 pre-market bid it's tempting to dump some. What (forgive the idiocy of this question) is the "event" everyone is talking about in October? I don't see any PDUFAs, etc. Thanks and gala!
I saw it. It was one or two T-trades directly A.H. yesterday. I had an limit of 2.22 and it didn't get off.
Been trading this since 1.28. What a dream to trade. Does anyone know what binary or catalyst event (PDUFA) that could be causing this. Definitely overbought but doesn't seem to stop it. Methinks it pullbacks to 1.70.
Hate to say but where is it written that these gaps have to fill? Or even do? I own many other equities where gaps have remained for years. This traded as high as 2.20 pre-market two days ago. And it is not shown in the "day's range". Same thing happens with gaps.
Another nice trade. I love this stock. In AT 1.85 out at 2.28. Not bad for two hours work. I hope PPHM tanks again. Goes up again ad infinitum. Granted, I have been VERY lucky almost calling the bottom and fortunately lowered by limit sale from 2.52 to 2.32 to 2.28. So people, I guess we can ALL make money with this. If one doesn't hold it more than a couple of days. Better not to be a pig and SELL when the profit is there. Holding out for a higher price would have earned me more but I felt a bird in the hand was the MO for the day. GLTA - Longs, Shorts and In-betweens.
Maybe YOUR net worth doesn't change when YOU borrow money. Mine does. Negatively.Unless you hve no intention of paying it back. To be on margin is what investors without serious money do.
I said MULTIPLE sources. There were two at Seeking Alpha; one at Marketwatch (which may have echoed SA). I will name more after the PM open.
If PPHM has data that they can release now to boost the ops, it is management's fudiciary duty to the shareholders to do so. If they hold it back, this is called manipulation. Which, they of course have clealy done.
Adam F. can ruin this stock even more than he already has. And I'm sure there are articles in wait ready to go to press that will make seeking-alpha look like a rave review.
I see an initial spike before it crashes. Get out p.m. cause this is going lower.
HELD DOWN? It appreciated 240% recently. Until the word about their decade-old product Bavi got out. They've (PPHM) been singing this one note song forever and a day.
There is so much consistent negative news about this company from multiple sources - all within the last 15 trading days - IT WILL BE DIFFICULT OR IMPOSSIBLE TO counteract.
Anyone buying this on margin is doing nothing but GAMBLING. You stand better odds at a blackjack table and certainly will have more fun.
I was short and covered at 1.78 Today's a new day. If the p.m. prints 1.49 there will be a bloodbath. HUGE volume yesterday. In fact huge volume on ALL recent haircut days. This is the signature of a broken stock. Or in this case: broken COMPANY.
Welcome to the real world. Do you seriously think these companies care about results? If good results should come of any clinical, that's icing on the cake. But they (the biotechs) are interested in one thing and one thing only: MONEY. Sad - but true.
Had to cover most of my position. I do think 1.50 could easily happen. If 1.49 prints today, it's over for this broken stock. And with this volume it's scary. JMCH.
I'm covering.
No more short shares available. I think I got the last ones on Thursday. Etrade will not take orders to short. Period. This is a falling knife.
What's the pps now?
MY SENTIMENTS EXACTLY. And btw - Jim Cramer used to be my broker. And he made PLENTY of mistakes. No one is infallible.
A PR is not going to counter the Alpha article. Remember it would be a Press Release which ostensibly means nothing more than an advertisement for the company. Initiated by the company. For the company. I sure wish everyone didn't have their hopes pinned to the epochal September 7th event. Whatever it is or whatever they say has already been baked into the share price. And yes, I've put my money on that.
When you married and the relationship sours, you pick up and leave.
Why don't people do this with stocks? This is an enigma I will never understand.
Has anyone even contemplated that the article may be correct? I was finally able to get a paltry number of shares to short, btw. So I guess people are covering at these deflated prices. If one can make .25 a day shorting, wouldn't they be crazy NOT to short this? When this parabolically went up to 3.21 I was fairly confident it was headed for a fall. I thought it would be quicker than this, although this has been fast. Bid is now 2.26. I don't see this breaking 2.00 but the next 26 cents are up for grabs.
If no one paid attention to me and paid attention to the information I am relating insofar as PPHM is concerned, I would be elated. I can't go through all the private messages I have gotten, so I guess somebody is listening.
I will clarify this: she knows nothing about any favorable Phase III trials and said "Bavi" has been around for years. She is hardly ignorant. This physician oversees most all oncological and HIV-related clinical trials at a big pharma company. For obvious reasons I cannot release her name. But I'm sure you can find out if you are so inclined.
I've had numerous discussions with her and she is extraordinarily principled and keeps the doctor/patient line very much in tact. When I was in her trial, she would not even speak or communicate with me for 96 weeks. And believe me, I tried to contact her!
Please take what I am writing as information I have received from a highly credible source who has no agenda whatsoever. If you care to believe it, fine. If you don't, fine.
I've ALREADY made a lot of money. And have nothing at risk. PPHM's volatility plays right into my hands. If you plan on waiting for a miracle - go ahead. I deal in hard, real numbers. Not hypothecated target prices and buyouts. You can't take them to the bank.
Thanks for your feedback. I am not PLANTING negative ideas. They are already out there in full bloom. I have NO agenda except to MAKE MONEY with this stock. When you get volatility like this, it's a trader's dream and for you to chastise (!) me for profiting from this is DEFINITELY idiocy. Unless your agenda is to LOSE money. One never knows.
My intentions are pure. And if anyone on this board thinks that my little, insignificant posts will move the ops, then you are giving me more power than I deserve.
Please keep the comments about PPHM and not ME. I would appreciate that this not be personalized.
I am commenting on the stock. Its share price. Its intraday moves. Its prognosis. Catalyst events that might or might not move the stock. And I am contributing REAL information from credible sources. It's up to the board posters to digest this - discard it or implement it in their investment/trading strategy.
If you can't take negative posts, then you don't belong in the stock market.
I have drawn today's conclusions. And it's a damn shame there weren't any shares left to short. When I weigh risk vs. reward with PPHM TODAY - I see RISK. That could change in 24hrs. Just check out stock.ta. You'll see "very bullish" go to "bearish" in two trading days on too many equities to list.
Thanks. I looked and realized I bought this @ 1.37 a few days ago. But sold it @ l.38. Don't see the catalyst on the PDUFA catalyst calendar but will actually do some reading (which I HATE to do). Thanks!
I agree. Didn't notice this but will try to find out who wrote it before end of business today. It does say "Apsara Biotech Research" and a Mr. Yu is listed as head researcher. Shouldn't be difficult to get the author's name. But what difference will this make if one has his name?
For you to say that I no NOTHING about the company is conjecture on your part. I know enough about the clinical trials, their results, failures and the correlation they have had with the pps. I'm not a clinician and don't purport to be, however I can read clinical results and have a modicum of knowledge vis-a-vis cancers and auto-immune diseases.
In the stock market if one is not facile enough to change one's mind with a position, then one is sunk. I've seen too many people married to various biotechs lose their entire "nest egg". And it kills me to hear that many on this board have veritably mortgaged their lives in order to purchase shares of a company that is so highly speculative. Not only is that a poor investment strategy, it is a poor LIFE strategy.
I am waiting for someone on this board to show me where I can authenticate the veracity of many of the claims that have been made here. I don't see any Phase III results, nor do I see any contraindication of a dilution. If I am wrong, please show me where to find this data. Thanks.
Anyone know why the pps is heading to break the HOY? Been watching this climb and could kick myself for not going long. Haven't read anything about it. Ideas? Thanks and GLTA!
I guess you are a logician. Everyone is entitled to change their mind. I changed my mind. Just as I've gone from long to short to long to short with this stock. AND my previous post today was written prior to seeing the Seeking Alpha article which to say is damning would be an understatement. It just underscores my feelings.
And now 8:31:42 the bid is down to 2.67 and I think more to slide.
As of 8:00 pre-market there are no more shares I can find to short. Because if this touches 2.94 I would.
For what it's worth, I've spoken to a scientist who does clinicals at a big pharma. She knows NOTHING about Bavi trials- nor does her company have any plans to buyout PPHM, which, she said is speculative at best. Her last words were: "I wouldn't touch it". I know this person since 2006 when I was personally in a clinical trial that she did for a drug that was brought to market.
I will call some other people who I know at big pharma companies and ask their opinions and/or elicit information from them re: PPHM. Board members can take what I say as truth or not. My posts are hardly going to affect the ops. I just think there are many people on this board who are exhibiting "magical thinking" and are married to this stock. Sorry, just my humble opinion. And everyone is entitled to an opinion.
If the powers that be at this board do not want my input, you can certainly ban me from the board. That will surely indicate that board members do not wish to hear anything that is antithetical to their pie-in-the-sky theories about PPHM. Personally, I like getting all opinions and forming my own conclusions.
I'd very much like to know about any short-term OR long-term catalysts that will benefit the share price (other than the Sept 7 event or the various trials which have been published extensively. I find it curious that every 4th or 5th post has someone saying "I've just added more" or "I've got more of the 2.50's" etc. Take a look for yourself, hence my reportage was in line with what I had been reading and hopefully would help someone who was also trading. I've been profitable on all trades but one and just covered my short position @ 2.74 from a short @2.92. That's 8 out of 9 trades in several trading days.
I will abstain from future comments. I'm in this to make money. I have enough friends already.
Thanks, Joe. I appreciate your feedback. Good luck to you as well.
You thank for making me smile. It's always heartening to hear from a single individual who speaks for "all of us". My ego doesn't allow me to use the Royal "we". Just yet. PPHM is a questionable investment, at best. If you can show me concrete, authenticated, verifiable evidence to the contrary, I'd be glad to go long on the spot. Again, thanks.
Me thinks this is a short again. But longs should be happy if I have to cover at $3.50. I don't see any definite catalyst events (PDUFA, etc.) and the September event is already baked into the share price. As I said in a previous post, I'm short @ 2.92 with a fair amount of shares. Today there were none to be had as I tried to get more. I see this going back to the 2.60's or lower very near term. Don't think fundamentals matter or even what business this company is in. I'm just looking at the numbers, times and sales. We'll see. But good luck to all.
News out. Could be a good day.