Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Guys, I am back. Been a while but as I said I would always be lurking. Anyway, been buying back in since the news hit. Locked and loaded. Is this time different? Hope so, would love to see this click big time. Made good money on PPHM in the past so here's to $2.80-$3.
Regards,
Pacemakernj
Bio and if you are reasonably correct what does this translate to in terms of PIII. Blockbuster status etc?
TIA Pacemaker
This is merely profit taking. We were up over 70% and intraday over 100%. Look at what the market did today. The GDP number scared the heck out of everyone so people took their gains. The Dow was up 6% for the month! Stocks were due to correct so we are correcting.
Pacemaker
Feuerstein Ratain Rule states "after looking at outcomes of 58 phase 3 cancer trials over the past 10 years the pair found the companies with market caps less than $300 milliom several months before the release of trial results were 0-21. Whereas companies with a market cap exceeding $1 billion were a respectable 21-27. Ouch!"
Humm upon further review I would like to mention that the current market cap of PPHM is $282.31 million. So if PPHM share price were to rise just $.15 and hold above there let's just say $2.30, would this negate the rule and give Messers Feuerstein and Ratain their out should PPHM get their partner? We would afterall have a market cap above $300 million. Just asking.
What about companies between $300 million and $1 billion? What does their reserach say on that? While this latest attempt to draw conclusions about PPHM's future failure have been rebuffed. We ALL know that past performance is no guarantee of future results. The stock market and stocks are about probabilities and possibilities.
I think PPHM's performance yesterday speaks for itself. It regarded this latest attempt to trash the stock by drawing conclusions about previous biotech stocks as not relevant. AF can claim victory either way. It is sneaky business we are in. AF should know better. All imho.
Pacemaker
Wook patience, we are base building and consolidating the gains. Not a bad thing. At one point my level two was showing buyers out pacing sellers 4 to 1. Someone is quietly accumulating here if you ask me. Unless the shorts are loading up. But we should get short interest this week or next so we'll have a better idea on that. IMO.
Pacemaker
Eyebuy, pretty interesting. As we know anything is possible. eom.
Wildhorses, what do you think about PPHM? TIA.
Pacemaker
CP or anyone. If the MOS is off the charts is Fast Track status a possibility with a partner? I know they are saying they have to move to PIII just wondering if that may be a surprise option. TIA.
Pacemaker
CP, thanks, eom.
Quite a day again. Treading water. We need to consolidate the gains here at the $2.50 level. I'll be happy with that if no additional news comes until after options expire next Friday.
Pacemaker
Question, what happens to all those lawsuits now? eom
marqq, I hope there is no gap open. That said I do see $3 as a possibility. But imho, while this may be a great trading stock getting out is easy guessing when to get in is a lot harder. There is simply too much news yet to come and you'll never know the hour or day so I am holding my shares and instead will add on any pull backs. I hoping for another shot at $2.28-2.35 range. If/when we get a partnership announcement we go mmuch higher. I really believe PPHM is now an investment that if one is able to hold for a while will prove to be a big winner. The science is proving itself. While we are not there yet a partnership might be indicative of our future potential. If it is Roche, I am quadrupling down big time. IMO. Good Luck,
Pacemaker
Boys, looks like the drinks are on me. $2.43 close. See everyone at the bar. I'll be drinikng the Grey Goose Martini with 3 Olives! Congrats everyone, a great great day.
Regards,
Pacemaker
Just for the heck of it $2.48 Closing #. eom
FWIW it looks to me like any pullback is being gobbled up. Perhaps we pause here but trying to guess a back up point given the news is imo all but impossible. I just say if you are going to add just add. I think today's news is so compelling it is a game changer.
IMHO.
Pacemaker
CP, looks like you are right! $2.43! eom
CP, congrats you had this pegged a few days ago on that brilliant post! I do not know your backround but from where I sit you helped reassure me to reinvest. I did get very lucky back in September selling out the Friday before the collapse of 80% on my position. I have readded at an average price of about $1.35.
Thanks,
Pacemaker
Bought anoth 1K at $1.85 earlier. Is PPHM now a better buy than it was in September before the news? I think so. Congrats to all longs.
Pacemaker
Huge blocks being thrown at $1.35 but they are being taken out. Nice day. Setting up for a strong 2013.
Pacemakernj
High Fade, imo TA is dead for this stock right now. It is all news driven now. That said, we are overdue for some big news. Maybe SK was leaking it to some of his friends so they could make up for the hit they took by allowing them get in early. We'll see.
Stoneroad, baby steps after the debacle. It looks like to me they are at least on a path upward and they stopped the bleeding. All in all as I said I am very pleased. An investor put down $14 million into our company, dilutive or otherwise,atm etc.. someone believes in the story. I can't see how that is bad at the moment.
Pacemaker
Yes the ATM, and what is wrong with that? They raised capital as needed.
Pacemaker
I am very pleased with the news this morning. All is not lost! This is a rebuilding process but I am now confident we are moving forward. The financing deal is huge great news, imo. The long road up begins.
Pacemaker
grawsha, thanks, that is something to shoot for. eom.
Morning gap closed. Let's see how the rest of the day goes if we can get back above $.80.
Pacemaker
Wook, I do not see a dollar. I continue to see huge blocks offered at $.81-.85 on the ask. That said, the shares are being absorbed so it is a net positive. If this big volume is back that could bode well for the future. There is the morning gap that has to be closed at some point, maybe today.But it is encouraging. What we don't know is this new short positions being taken in advance of another leg down to $.40 or accumulation for a larger upside move. Time will tell.
Pacemaker
FWIW, Huge blocks being thrown at $.80-.81. It will be hard to get through it today, imo.If we do I will be impressed.
Pacemaker
Technically speaking I am looking for a big reversal to stop the bleeding on the stock before I go back in. Just like upside reversals so too on the downside. We are going to retest the panic lows from last Monday, if we hold on huge volume that will be my signal to jump back in. If we do not and break last Monday's panic low we are going lower and will imo retest the yearly low $.39 that will be my next target. So we are at critical levels of support right now this week. I will let the stock tell the story no rush to jump in, but I am lurking and ready to get back in when I see the stock give some buy signals.
Pacemaker
Does anyone know about the rules for delisting? Is it 30 days below $1 or longer? TIA.
Pacemaker
PPHM MIke, the rate we are going could be by Friday. Breaking a buck today was big imo. have to retest the panic lows. But clearly we are heading lower. Not much left here to go after but it is a trading play for shorting. But the fact is there has been no bounce is troubling. It's all about the news now. You just don't know and it really is gambling at this point.
Pacemaker
Loof, thanks for clearing that up. It was bothering me.
Pacemaker
One question for the board. If SK got those results back from the independent company and they were really spectacular results, wouldn't he have said to someone please go through all of the data and confirm how they got these results? Wasn't there some double check on all of this before they went public? Seems to me there was such a lapse of oversight from management. Not sure and this is Monday morning QB'ing. My point is could this all have been avoided?
Pacemaker
JR, best of luck,and a big thanks again for saving me last Friday. Would have lost a load, but you warned me by saying "you've never seen anything like this before". So I sold 90% on Friday got back in yesterday but after reading your comments most likely will be gone tomorrow. Sometimes the best trades are the one's you never make.
Regards,
Pacemaker
So I go out for a day and we get our butts kicked. Well the good news is there is only another $1.11 to go to zero. So where does that leave leave us? They can't take us below zero. I am exhausted over this stock. Here's hoping for a better tomorrow.
Pacemaker
PPHM MIke, I am thinking about it. IF the panic selling gets back to $.70 I am jumping in. Just have to watch the tape.
Pacemaker
CowBoe, wow great stuff there. Thanks! eom.
Drlab, that makes sense. eom.
Dew, speculation on your part and that would be criminal for mngt to mislead invetsors with such a high profile comment. So unless you are aware of anything specific the comment should be redacted, imo.
Pacemaker
I think if SK goes into that meeting with just his richard in his hand we are done, imo.
Pacemaker
So do we think they will have this resolved by the ASM? TIA