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Awesome, looking forward to it.
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He could pull the ask at any time and allow the pps to increase again if significant buy pressure returns. In that case he's simply accumulated at .0079. But that isn't likely to occur until the daily MACD is reset, and that doesn't look like it'll happen til next week.
For now, we need to be patient and either provide bid support or just hope that selling doesn't intensify. If we hang in here for a few days, we're headed to .014 (imo).
What I can't overemphasize is how important it is that the bears here don't actually own shares. If they did, they could really hose the rest of us right now. Because they're paper-tiger bears (all bark and no bite), they're actually helpless to do anything about the stock now that it's technically driven.
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Yes, but our good samaritan's bid support comes with a catch- he's flipping the shares over onto the ask.
This isn't a bad thing because there's no significant selling pressure. And he's not dumping on us- he's being nice. So basically, as we ride out this shallow MACD retracement on the daily chart, which will hopefully be short enough to leave the longer weekly trend intact, he's holding the price in here at .0079. But he is going to make a small amount for his services when someone has to buy those shares again at .008 for price eventually to go up again.
In the meantime, we are still vulnerable to a selloff if there's one sharp enough to pierce his bid support. But that hasn't happened yet. It looks like it's holding in here through the daily retracement, then it'll move up again.
Just my .02, I'm just a guy reading technicals here.
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Still trading really nice through the MACD retrace. Big ups to the supporter on bid!
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New channel content out! 5 minutes of juicy education to wet the whistle.
Is this absolute dog finally about to have its day?
Stranger things have happened. Watching.
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I'm grateful to be a shareholder rather than a mere talker at the moment, because someone negatively inclined with shares could dump this down pretty good right now. We're entering a critical time for bid support, so it's nice to see a large hand provide it yesterday and again today.
I'm expecting a shallow MACD cross and then to turn back up. I think we'll soon be testing .014.
Monthly is still extremely bullish- this developing uptrend could be quite enduring.
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We're into our seventh month in this channel. Shares are tightly held; no significant selling to speak of.
Just awaiting a catalyst of any kind.
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We're trying to break out again after consolidating very, very high in our recent trading range. Strong continuation signals continue to occur, here.
I'm not going to lie: as bullish as my outlook was, I was not expecting our rise to be this linear. This setup could go massive.
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Yep, zero selling except paint jobs.
I think we're in the quiet before the storm, here.
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Wow, someone's taking down the .01 wall.
We could go a long way.
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I noticed the other day when there was selling volume, as soon as new bids appeared on L2 the selling stopped, and bid ran away from them immediately.
Methinks someone was wash trading to shake the tree because it'd been quiet for too long and they feel a move approaching...
Maybe I'm wrong. Maybe we'll see selling again. But I wouldn't be surprised if there's none to be found.
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I haven't been as excited about a play in quite some time. If this goes off like it could, millionaires will be made.
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According to their shareholder presentation last week, full results of the final phase 1 abuse potential study (oral dosing) are expected to be announced by the end of this quarter (end of march). This is where recreational users compare how much they enjoy taking the company's drug PF-614 when compared with oxycodone or sugar pill placebo.
(The first abuse potential study in recreational users was already done, and it compared crushed PF-614 with crushed oxy and crushed sugar pill placebo when inhaled through the nose. The results of the first one were terrific.)
Separately, results of part 3 (the final part) of the overdose prevention part is expected early Q3. This is where healthy (non-user) humans take a large overdose of oxycodone or PF-614 while protected by an opioid blocker drug called naltrexone, which prevents its effects. The amount of drug measured in their blood compares how big a dose they would've gotten. The first 2 parts have already demonstrated that when an overdose is taken of PF-614-MPAR (multi-pill abuse resistant), the later pills have no effect. The third part is underway, and like I said the results are expected early Q3.
Those are the two remaining phase 1 studies. Sometime between the two, the one planned phase 2 study will start. That will evaluate the speed of onset of PF-614 to demonstrate that the bioequivalence previously established between PF-614 and oxycodone also means equivalent speed of onset. Only one phase 2 study should be required since they have received FDA fast track designation.
You can find all of this information here: https://www.otcmarkets.com/filing/html?id=16322017&guid=8B2-kpqXejz_dth
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New content posted:
Notice how thin it trades relative to apparent os. It'll be a big mover when material events come to surface.
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Another just now! Robert Kennedy, 10 million at .0046!
[link]
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Another just now: Charles Branscum, 10 million purchased at .0046.
[link]
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Form 4 posted 1 minute ago: Director Thomas B Soeder acquired 10,000,000 shares at .0046 on 1/25/2023.
[link]
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Discouraging buying as it double bottoms...nothing shady about that.
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Big props (pun intended) to whoever is providing support here above the 200wma. I see you doing the work to ensure this run sustains.
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Most as paper certs, not liquid and not redeemable until much higher levels. That's why it trades like a 700m floater.
Everyone here knows that investors have been steadily buying more and more of this for years. None of the large investors have sold. They're waiting for what all the shareholders here know is coming.
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People are starting to notice it trades like a 700m floater.
I was hoping for a penny by end of week; we could see it by end of day.
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To new eyes: many of the shares here are held as paper certs and therefore are not liquid/part of the float.
You're going to notice it trades much thinner than its ss implies- this is not your eyes playing tricks on you. It trades as having at most half the unrestricted shares the os shows.
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Technical breakout is occurring right on time. This is a wonderful development to see occurring on a Monday and prior to the end of the month.
We could be in for a real adventure here this week as positive investor sentiment turns to excitement and demand as word spreads.
SS hasn't changed in so long I can't remember. Why are you speaking of dilution when there is none?
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Golden cross forms today on the daily. Extra stoked to see it since it's exactly on time relative to my predictions.
Same. Only time will tell, I suppose.
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As the company continues to make itself known, the chart is doing what it's organically set up to do. Any significant announcement at this point sends this parabolic in ways many here have dreamed of for quite some time.
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Oh hey, hi everyone! Looks like it's about time here. Let's get ready to go!
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I'm interested in whether we see any Form 4s hit soon. I wonder whether that 80k that was bought on bid at .75 was an insider purchase.
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Action soon, for sure. Just another patience play (aren't they all).
Good to see you here!
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RS temporarily canceled according to news:
"6.) By means of Corporate Resolution, we had submitted the paperwork for a reverse split of LIGA common stock before December 31, 2022. Unfortunately, the law firm had some personnel issues therefore we replaced them and are in the process of refiling the paperwork with FINRA. Implementing the reverse split opens the opportunity for mergers with much larger companies."
Can't RS til they re-file. https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230104:nGNXc0NMC0&default-theme=true
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It looks to me like the 5 stacker is going to lose his shares sometime this afternoon, after a brief touch at 4.
Someone bought up to .059 and even took 40k+ there before taking pressure off to let people stack the ask to bring price down so he could accumulate more. I have a feeling that .059 buyer will take .05s as the shorter period moving averages continue to rise.
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The offering that became effective today- the price of the shares is the lowest VWAP from the previous 6 trading days, with a maximum of $25k financed daily?
Can someone examine the prospectus as well and confirm this interpretation for me?
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Barring a new ATL, I finished taking my position yesterday on higher lows than Monday (bottom).
It's only a matter of time before "steadily declining sell volume" switches to increasing buy volume. Only a matter of days before higher lows becomes increasing highs.
Most important thing is keeping monday the ATL, and tuning out increasingly desperate shorts (on noisier forums).
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