I am a psuedo-positive long!
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.
If PPHM is as big as some here claim, the games wont stop til we are trading at $20PS
GLTA
Chenzo
You are absolutely correct. Once the news starts to link PPHM and Immunotherapy, we are off to the races.
Positive trial results/Immunotherapy....Partnership news/Immunotherapy... we are in the sweet spot with the goods, it doesn't get much better than that.
I don't mind todays action at all. At the very least it calmed down all of the "to da moon" and "where we gonna party" talk. You don't have the action we had into the closing Wednesday afternoon without someone knowing something.
I say we get the .10 back tomorrow. Big things are in our future.
GLTA
Chenzo
Highest close since Feb 12th, 2013. Although I wasn't watching all day, I didn't see many trades going through on CNBC's ticker.... We are still under the radar... Maybe those in EBS's theory have some influence with the CNBC ticker.
GLTA
Chenzo
Enjoy it my "pseudo positive" friend...PPHM's time may be here.
GLTY
Chenzo
I meantnoharm...justaddingtothehumor.eom
Its notwook...realestatemarketisnt thatgood.eom
Just took out wall at $1.95. Getting ready for a last hour push to $2.00
Slow and steady, then one morning....Boom
GLTA
Chenzo
Edit: 121,000 wall at $1.96....chip,chip,chip
If you are talking about today's chart, yes there is a cup and handle there. Daily cup and handles are not as reliable. There is a "rounding" starting May 31 but no handle. Don't think we will see the handle part of this rounding. Too much volume moving in and unusual AH buys.
GLTA
Chenzo
In a nutshell, the chart is forming a bullish flag pattern with $1.87ish being the top of the flag. We have bumped up to it three times in the last three weeks including today's close. A breakout through $1.87 (top of flag) and we run.
I see alittle resistance at $2.06 but I think a gap up tomorrow could get us to $2.26, that's bigger resistance. The nice thing is that $1.87 then becomes support.
I agree with CP, slow and steady is better then gaps. Gaps bring to much attention to us.... Although I feel some of the right attention is already with us!!! (Since CP has "!" sanctions right now, I thought I'd throw in a few)
GLTA
Chenzo
PS....Brunette is the way to go, especially if she is Italian and can cook, I speak from personal experience :)
I'll take up 6% on double daily average volume tomorrow.
GLTA
Chenzo
Looks like the shorts threw half a million dollars at us at 10:30. Right on time. Now let's watch the rebound.
Must half been CP's post. They felt like they had to flex their muscles.
GLTA
Chenzo
Meant that to say..."doesn't feel like a reversal". Feels like a healthy pullback...my bad. A little early bourbon has my fingers confused.
Chenzo
I agree, today didn't feel like a pullback. My guess is traders jumped at $1.78ish when they saw PPHM on CNBC expecting a run to maybe $2.00. When it looked like that wasn't going to happen today, they jumped out with minimal losses.
I was alittle concerned that the mention on CNBC was a pump. I believe that it might be a soft policy of theirs not to talk about sub $5.00 stocks, let alone one trading at $1.66. I was waiting for the Sierra pump piece this morning, didn't get it thankfully. Today's action was very healthy IMO.
GLTA and stay away Sierra,
Chenzo
Thank you funworker1 for posting the link. I was away from my computer and CNBC. I happened to check PPHM share price on my cell at approx. 1:25; it was $1.66. The next thing I noticed its at $1.82. Loved the move but was sorry I missed the story. Your link made my night!
We are definitely in the sweetspot for 2014. Bio-techs popping, Immunotherapy, fast tracking....Good things are coming our way.
OT...nice pic Wook. I have to say you look nothing like who I had in my mind. I was going more Larry Fine with glasses; hey, at least he's a philly guy.
GLTA
Chenzo
Unfortunately my pockets are not that deep either. Maybe md1225 would like to sell 200K of his shares just to help your cause.
GLTY
Chenzo
EDIT: Just saw PPHM go by on CNBC's AH ticker. Thought something was up and got all excited til I saw: PPHM 2k@ $1.57 down .09...oh well
EDIT(2): I believe EBS is correct when he says "you need to start thinking like a white collar criminal"
I understand what you are saying, but your thinking is alittle flawed. Here's why:
Those fighting against the dark side", we'll call them longs, would never sell or worse yet short into the bear raid just to kick in Rule 201. They would be spiting themselves.
On top of that, from what I saw in todays trading, it would have taken maybe 1mil shares sold or shorted, or $1.5 mil to push further from $1.54 to $1.49. Sorry Wook, your 5K short didn't dent the situation.
You see, it would not be profitable for a long to sell or short against their long position, lose 5% value of whatever shares they have left, just to invoke Rule 201. Also, their selling or shorting could trigger stop loss orders, causing the price, and their investment to drop even further.
PPHM needs more institutional ownership who would lock up shares thus making shares available to shorts harder to come by. They are the "Good Guys" in this, but right now are out numbered by shorts who have more tools in their toolbox: Hit pieces written or tweeted in tandem with bear raids for example.
Finally,PPHM's low share price make PPHM PPS very easy to manipulate. It only takes a few million dollars to push our share price down 10%. Compare that to BAC and that same few million would move the share price approx. .03 or 1/4 of 1%. A few million dollars is nothing to these hedge funds. Most have $500mil to $1bil behind them. Hope this helps, and I welcome any rebuttals as I too am always learning.
GLTY
Chenzo
They won't let it get that close today. There is still more pain they have to inflict, and shares to shake out. The ideal scenario for those who believe the gap must get filled is this:
A close today at $1.60 leaves plenty of room for them to short tomorrow. A drop of 10% at $1.60(tomorrow) will close the gap and trigger Rule 201, no more shorting. From there we will climb because the shorts who have shorted at $1.68 will have their profit and will cover.
So we will have all the criteria we need to go up. Shorts made their cash, they are covering (buying), and because of Rule 201; no more shorting will be allowed.
And Wook, its next to impossible to describe whats down in the gap. Once you have filled one you will understand ;)
GLTA
Chenzo
I say they bring it down just above the 10% rule today, then make the final push down tomorrow morning. And yes, the gap will be filled at that time. Sorry CP. Its just how the game is played.
GLTA
Chenzo
This is getting ready to pop. Lets re-set some of the indicators, they are all overbought, then its gone.
I'm anticipating a multi-day rally here.
GLTA
Chenzo
Looks like I joined the party just in time. Who says T/A doesn't work, The day after the 200MA is taken out....BOOM! That was my signal.....now lets see where this will take us
GLTA
Chenzo
I sure hope so, that was my buy at the close (19K)
Too much upside pressure and now the technicals have turned positive (closing above $1.41 and above the 200MA). I do not want a PR until Monday morning. These Friday AH PR's are brutal
GLTA
Chenzo
Been out since the morning of the Russell rebalance PR. I'll be buying Monday morning!
GLTA,
Chenzo
Hey there Ima Pseudonym....didn't know you drop by here. Do you have a stake in FNMA? I'm liking this to those biotechs. More than a couple got killed this month, some after big runs. I'm sticking to what I know best, banking and home ownership. Stay in touch...
Chenzo
That's 63.5 mil shares locked up in friendly hands...nice!
GLTA
Chenzo
Anyone know why we just jumped up?
Thanks
Chenzo
And did you all here Cramer and David Faber poo-pooing the hedge fund offer this morning. Them crooks don't have enough shares yet and don't want this to run....Sorry boys!
Havent been at the computer the last two days, only watching from my cell phone. Congrats to all longs, this is only the tip of "our" iceberg!
GLTA
Chenzo
My guess is that on April 12, 2014 you believe the share price will be $26.00
GLTA
Chenzo
If that's the case, then we haven't even finished the cup part. The finish would be at the $5.00 level, and timewise, maybe somewhere around March 2014. From there we would start making the handle. Give that three months or so and we breakout around June/July of next year on news that FnF have been lifted from C-ship.
I can live with that!
In the meantime, be careful with your shares. As the PPS increases, trading mistakes can be much more costly.
When we get into the $3.50 area, I will stop flipping. I have enough shares that will change me financially for life; if things are to pan out like we all feel.
GLTA
Chenzo
On very low volume....more consolidation is fine with me. Technically, the flag pattern seems to be running out of room. Setting up for a Nov 12th make or break. Funny how these charts do that. Should be very interesting.
GLTA
Chenzo
Let's turn this thing green then gap up tomorrow morning
GLTA
Chenzo
The Govt has been working on a health care system for 6 years now; actually more than that, Hillary was at it when her husband was president, and still cant get it right.
What makes them think that they can replace a system that is actually working and profitable.....They cant, and the American people know it and all but a few politicians know it.
We are entering our new beginning
GLTA
Chenzo
You can never say never, but the chart is looking too good right now to dip that low. Expect one more raid to gather any loose shares, but will not dip to $1.50, maybe 10-15%
We will be approaching $3.00 in the next two weeks
GLTA
Chenzo
Just to clear things up....
I am referencing the settlements coming from banks in regard to the selling of bad mortgages to FnF, not the Perry Capital lawsuits.....Now those are game changers!
GLTA
Chenzo
BINGO! The signs are starting to appear.
GLTY
Chenzo
I will agree with you on that....IMO we hit $10PS when we are freed from c-ship. From there its about 30 days til we are uplisted and trading at $20.00!
GLTA
Chenzo