I am a psuedo-positive long!
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Its all part of DEEP CAPTURE....
They have tapped into our computers and now can control our thoughts....I have to go, there is a car that has been parked out front for an hour now and I can't find the dog
"Truth is stranger than fiction"
You can't make this stuff up.....It might also explain why my PPHM Ihub board freezes every 30 minutes
I don't think 1.20 will hold on PPHM. And i think we hit $1.20 next week. There is a big buyer at 1.20, but with no news we probably will break that. It may drop to $1.00. Your chance to short was when it rose to 1.48 on low volume.
I post it here because those guys are really good, smart guys,and really have a good thing over there, but they don't like to hear opinions that the PPS is going down.
Good luck in your trading,
Chenzo
Had alittle snort of that Woodford Reserve you recommended. Very smooth with just a touch of vanilla.
Not expecting much from this conference either
I think its more like...
"Wook out below!"
I say that with sympathy for I am also long
There is a large buyer (200k+) waiting at $1.20, at least he was there. Curious if he shows back up.
Breaking through $1.50 and not being able to close above is big. I feel the bears/shorts are now in control.
There is not much support from here to 1.20, and add to that that we didn't get the juice we were looking for in the CC, and we could have a few bad days in our near future
You have done well with a few of your trades here. Again, nothing wrong with taking profit. You will have a chance to get back in, Im pretty sure.
Speaking of which, I saw that buy go in at 3:35, and thought that might be you jumping back in...Was it?
Can you imagine how they would have sounded had it not been scripted and controlled. I don't think improv is their strength
Lets bet a drink on it....Beerman owes me one already :)
wrikkelz....Last week we all were talking it up about news coming regarding breakthrough designation, partnerships, etc coming. Some saying Monday morning, some saying Monday AH, some saying Tuesday morning and then finally saying we get it at the CC.
The Piper Jaffery upgrade fueled this. Raising our PPS +30%
I agree with you, I thought the CC was a positive. Especially the limited dilution that I was worried about. But we did not get the dessert we were hoping (hopium) for.
Side Note:
Personally, I think we should be very careful with the Breakthrough Designation talk. We don't even know if it was applied for, and the stock is trading like it hasn't been
CP....I see no buyers, and no reason to buy.
We hit 1.40 today IMO
Broke 1.55 support...
Did anyone not see that happening?
If 1.50 does not hold, the shorts will be back in control
Good luck Charlie, nothing wrong with taking a profit. Who knows if we drift lower, you can buy back in
My biggest concern of C.C....
Was the use of the ATM. I am very pleased to see that ATM was used very little. This proves a few things to me...
1- That phone conversations with Ihub posters actually took place when promising no ATM at these levels. I know it was posted, but you never know. Sorry to doubt, but I never take anyone's said word for truth. No ATM sales is confirmation that what PPHM said to Ihub posters in private was truth.
2-That management can be taken at their word. This gives confirmation to the other emails and phone conversations had with Ihub posters. They have mentioned to Ihub that they are on top of the mislabeling situation. I have to believe them.
3-That PPHM is moving in a positive direction. They did not dilute because they did not have to. Whether because of larger profit from Avid or because BTD is emminent or because partner talks is progressing.
I feel we are getting close to the pot of gold at the end of the rainbow.
Chenzo
I play alot of poker and understand pot odds. I agree with your reasoning and have always felt like PPHM will pay 10-1 (modestly) short term, and who knows how much long term. The payout far outweighs the risk in PPHM
Well said, and thank you CP
I don't know Loof...I love my Maker's.
I'll take your word for it til you can provide me a samplin of Loofman's. Maybe when your rocketship has done a few orbits and a 10% day means we are up $5.00. We can toast each other
And if you don't mind me saying, for a Kentucky man dressed in overalls with a licker still in his back yard, you are quite handy on this here computer box. Definitely a man of many talents
Good things are coming soon
And yes, you have a better label
While on the subject of drinking..
Wondering how my Maker's Mark would stand up to Loof's Korn Licker? They are both from Kentucky.
Can you clarify Loof
A little crystal ball reading:
We trade sideways for the rest of the day and close flat at $1.58
.08 off the high/ .08 off the low...nice and tidy
Thanks for clearing that up CP, I have always wondered if company and MM had any communication regarding upcoming events. Thanks for the question PPHMownsME.
I don't think that threatening the BOD will get you the response you wish
And:
If I understand, the short positions are countered by the call options. There is no need to cover until the calls are in the money?
Did I get it right?
Thanks for the response to me wondering. I will re read your reply a few more times just to make sure I got it right.
So much knowledge here. TIA
Thanks, now lets round this up and close at high of day.
(wondering if shorts will cover going into this weekend)
Chenzo
I hear ya...last week your wife and PPHM were holding aces.
This stock will make all of us paranoid for the rest of our lives. Enjoy the ride
Does anything ever happen normally in PPHMland?
Cover now...we are resting here.
If we breakthrough 1.50 its a straight shoot to 1.61
GL to you
Happy Par Sar flippy Friday Wook!
(Say that 3 times fast)
Now lets get through the road block at $1.50
Yes we are, chart looks great
Here beerman!
I agree with your chart...It shows we have bottomed and we are in the beginning of our next leg up
PPHM does not trade on earnings (ATM update maybe). Selloff happened last week, bad news may already priced in. You missed the chance to short and now need another sell off to break even.
Upside potential still way superior to down. Even if you get your negative earnings, I say we touch 1.20, there is a ton of support there, and you get >1% profit. If we get a surprise PR (Breakthrough status), we double (at the very least).
IMO you are on the wrong side of this trade.
But I still wish you well
Chenzo
The bear raids are over, they got their shares.
You are on the wrong side. I am feeling very calm with my long position....How are you feeling?
If you are a chart guy, you can't like this chart if you are short.
We may have consolidated at the bottom on lower volume. PPS increasing on larger volume. The bears may have called it quits and stopped shorting. They may have their shares.
Don't wait too long like you did in shorting this (You are upsidedown with that already) to cover.
We very well may break out of your 1.20-1.45 range tomorrow.
I'm thinking the same thing...
Wonder what h4b is thinking?
Are you there?
If so, please keep us "ears only" up to date...TIA