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Here's some advice- maybe DON'T buy while the price is running up.
In fact try this instead:
Buy vvvLOWvvv, and then when the price rises sell ^^^HIGH^^^.
I will never understand why some people insist on advertising their poor trading decisions; It would only take 9 days for me to break even with this rising steadily at this rate.
The message at the time I was visiting was something like "This page is briefly unavailable for scheduled maintenance."
Which I interpreted to mean they were updating it possibly to include a video.
Pred tech group's Covid-19 page is down for scheduled maintenance. Maybe they are updating it now?
https://www.predictivelabs.com/assurance-ab-covid19-igm-igg-antibody-test/
I hear that a bleach bronchoalveolar lavage is good at preventing long term sickness in COVID-19 patients. But I don't think antibody kits will help much with the selection of the candidates that need such treatments most.
If Robinson left, would he also be suddenly endowed with virtues and wisdom that would have moved the company in the right direction, and would his replacement assume all the demonic characteristics formerly attributed to Brad?
Can you elaborate on this SEC red flag list? Or provide a link to it? A cursory google search isn't really bringing anything up.
I made zero statements about worried short sellers. My only point is that the panicked ravings about how PRED isn't executing ANYTHING because we haven't heard anything from them since the COVID PRs (that the SEC suspended them over) have just as little credibility or merit as any speculations about any coming short squeezes.
NOBODY here is an insider and for that reason NOBODY HERE IS ENTITLED TO ANY OTHER INFO THAN WHAT IS FILED WITH THE SEC.
THE ONLY THING YOU ARE ENTITLED TO IS THE SALE OF YOUR CERTIFICATES AT THE CURRENT PRICE IF YOU CAN FIND A BUYER. THAT HAS ALWAYS ALWAYS ALWAYS BEEN THE CASE.
JUST BECAUSE YOU MADE A PURCHASE (WITH THIS EXPRESS UNDERSTANDING) DOES NOT ENTITLE YOU TO INSIDER INFORMATION NO MATTER HOW MUCH YOU WISH FOR COMMUNICATION.
EVERYTHING ELSE IS WHINING AND BULLSHIT.
The email says NOTHING about whether or not Predictive delivered the tests on time IT ONLY says WELLGISTICS is optimistic that they will have fulfilled government and frontline agency orders IN THE MONTH OF MAY to such an extent that THEY (again WELLGISTICS) will be able to start taking orders from non-medical, and non-government entities.
Until PRED issues a release that says as much, or Wellgistics breaks off of the agreement for breach, such comments are utterly meaningless ravings.
"Most of that is in doubt now" is dead wrong.
The only people who have any doubt are those that do not do their own due diligence; contacting wellgistics and requesting updates from them is the BARE MINIMUM DD that one should be doing if they are at all serious about their own or other's money.
If one HAD done their DD they would have an email in their inbox from Wellgistics, who has stated that they maintain their partnership with Predictive and will be distributing Predictive's Assurance AB test kits to non- government, non-healthcare, and non-frontline workers before the end of May.
If you read through this properly, you will note that WELLGISTICS IS SELLING PRED's TEST KITS TO GOVERNMENT ORGANIZATIONS.
Here is the screenshot of their email in MY inbox:
You heard that from who, now? Wellgistics will be distributing PRED's Assurance AB test to individuals before the end of May, but they'll be prioritizing distribution to frontline healthcare workers, so the test will be available long before the end of this month. I would say 10-15 days MAX.
What's your source for the FDA approval? A few of us got generic emails from Wellgistic yesterday regarding individual availability by the end of May, but there was no mention of the FDA.
I mean they did say they are going to distribute to hospitals and healthcare workers first, so the implication is clear, but if they've explicitly spoken of FDA approval, I'd love to see a screenshot of that email.
Thanks in advance.
Note that the end of the month availability estimate was for individual buyers and research labs and the like. My guess is they will be selling to hospitals and healthcare agencies before the end that if they are not already making deals.
Wellgistics emailed me this morning to say they are maintaining their relationship with PRED and expect to be distributing test kits for individual sale (after they are done selling to hospitals and frontline healthcare agencies) by the end of May.
Isn't that how it normally works?
Can you explain what you mean by matching exact orders please? Does this affect how I need to place my orders?
For TD Ameritrade just use their mobile check deposit, and it cleared within 5 minutes. It's as good as walking a check in to your local branch. You do have to submit it before 4PM though.
The relevant segment starts at 16:26
https://live.ksl.com/event/?v=44476
The relevant segment starts at 16:26
https://live.ksl.com/#/schedule?_k=vpja4h
Kenneth Ward states -on KSL 5 News at 10- that Predictive labs believe the Assurance AB COVID-19 test will be approved by the FDA very soon. The KSL investigator visits Predictive Labs and receives administration of an Assurance AB test. They show the entire process of using the test to detect COVID-19 anitbodies in his blood.
They also give him all the appropriate disclaimers: negative results can't rule out infection, positive results do not necessarily indicate immunity.
No bad news IMO.
No. You're confusing the confidence interval for the data with the actual data itself. If you want an explanation of why these numbers are different things, you're going to have to go back to STATS 101.
These are the numbers as quoted from the newsroom-
"(92% sensitivity (CI95% 89.4-95.7%); 100% specificity (CI95% 96.8-100%))"
And as quoted from the paper linked by BobbyO71-
Positive Percent Agreement [with w/ RT-PCR] (PPA): 267/287 (93.0%); (95% CI: 89.4 - 95.7%)
Negative Percent Agreement [with w/ RT-PCR] (NPA): 613/613 (100.0%); (95% CI: 99.4 -100.0%)
No insult intended. Let's hear what all the setbacks have been. At what point in the last year have we not been undervalued based strictly on fundamentals?
What setbacks? The only thing you have been looking at is the manipulated stock price.
I have until December before the last order of PRED I purchased matures into reduced capital gains tax territory, which was my minimum hold period from the very beginning. Nothing about the company has changed since I purchased my initial position, and there is PLENTY of time for PRED to recover from this minor setback before then.
What report did you read that suggested the test kits would not be used in the US? I have seen no such PR. PRED took an order for q million test kits from Wellgistics. That is all we know from the PRs to the best of my knowledge?
And What is your experience in the field?
Either PRED has sold 1 million COVID-19 testing kits or they haven't. It's as simple as that.
Some basics for all of you:
"The SEC will make the decision to do this based on AN investigation and will then issue a press release detailing the reason for the suspension. During the ten day period, the SEC will not comment publicly on the status of the investigation"
https://www.investopedia.com/terms/s/suspended_trading.asp
Emphasis mine.
Remember: The SEC suspended trading in PRED due to "QUESTIONS regarding the accuracy and adequacy of information in the marketplace." Perhaps they have valid reasons (perhaps based on misinformation provided to them) to question the veracity of PREDs PR statements, especially when there are so many trying to take advantage of this crisis.
The investigation is ONGOING i.e. NOT COMPLETE and
I fully expect the answers to those QUESTIONS to completely exonerated PRED by the end of this. If there is any dip in the PPS at the resumption of trading, I will have had plenty of time to reload in order to add to my position.
Maybe not at the SEC, but whoever reported PRED might have made an assumption/jumped the gun about what the statements that were made meant.
Hmm... They stated on March 25 "The Company has notified the U.S. Food and Drug Administration of its intent to immediately distribute the validated Assurance AB™ COVID-19 IgM/IgG Rapid Antibody Test"
The March 30 PR makes no statements about distribution or the number of test kits available- it's strictly dealing with claims that the Chinese companies -and company officials- in question are properly registered and certified.
And PRED shared separately, on April 8, "that its distribution partner, Wellgistics, has submitted an initial order for immediate delivery of one (1) million units of the Assurance AB™ COVID-19 IgM/IgG Rapid Antibody Test"
And the SEC says they have questions related "to statements PRED made about being able to immediately distribute large quantities of serology tests to detect the presence of COVID-19 antibodies"
Some dyslexic individual added 2+5 and got 4.
This is high praise coming from you! I'm glad I could shine a light inn this for you.
Hey Maz, if you haven't already please see my post #35741 in which I address some of the dubious claims Centeno's makes about PRED, and his motivations.
Interesting. In Centeno's article he describes The Research on Using MSCs for COVID-19. It's pretty obvious he is claiming that PRED is NOT using the techniques he describes as follows:
"There has been a handful of promising small studies that suggest that mesenchymal stem cells (MSCs) could help patients who are in the ICU with COVID-19 (1). For example, one small study was published on severe patients who were given 50-100 million, culture-expanded MSCs. In particular, these are cells that are isolated and grown in a lab and are not available to use here in the U.S. These MSCs were genetically modified to be focused on the cell receptor that the virus attacks."
I cannot find any evidence for the claim that the MSCs used in these small studies were genetically modified to target the ACE2 receptor. Perhaps he misread one paper I found that stated that because the MSC gene expression profiles were ACE2- (meaning they do not have ACE2 receptors) the MSCs are not susceptible to infection by SARS-CoV-2.
His rant about the FDA public safety alert (which warns against companies that sell unapproved exosome products- which btw has nothing to do with PRED, and likely improves PREDs presence in the MSC market by weeding out inferior, sketchy competitors) led me down a rabbit hole in which I found this study -published on PRED's website -in which the process used to extract the MSCs from the umbilical cord, and HOW THE STEM CELL POPULATION IS EXPANDED IN LABORATOY CULTURE, AS WELL AS HOW THEY DETERMINED STEM CELL VIABILITY.
Centeno is a hack.
https://www.predictivebiotech.com/wp-content/uploads/2018/12/Knee-Cartilage-Regeneration2017.pdf
It's not just a mention- it's an entire STOREFRONT of PRED products and services.
Who cares about shipping to China? The US CDC has completely shut down reporting on Coronavirus infection numbers. It's going to be a full blown crisis HERE. If stem cells are capable of providing the immunity boost necessary for the vulnerable to survive, we'll have plenty of demand domestically.
This is roughly like blaming the actually owners of the Brooklyn Bridge for the actions of the scam artist that sold you a fake deed for the same.
The difference being that if you don't like what you own here, you are free to sell it to someone who is better informed at your liesure.
Yeaaah I actually worked for Myriad Genetics -the company that did Angelina Jolie's DNA testing.
Myriad Genetics ($26.85/share) is also the company PRED's current CFO came from after overseeing Myriad's success for 25 years from its incorporation as their CFO. That was my first indication that I wanted to own PRED stock.
Myriad has a few services revolving around cancer detection. They want to know what you're predisposed to before you get it so you can get tested periodically and catch it early. And if you DO have cancer they determine what type of cancer you're dealing with, and not just for funsies, but because they own patents on unique therapies specific for certain kinds of cancers.
These therapies work GREAT on tumors caused by certain genetic irregularities and maybe not so great or not at all when caused by other irregularities. Its all a matter of coding.
When it comes to PRED and endometriosis detection, we would have the ONLY means of detecting endometriosis NON-SURGICALLY. And as far as what novel therapies might be developed to target certain over-active or under-active genes? If we hold the patent on the tests that determine which therapy is effective, then PRED is literally THE GATEWAY for patients to come through if they don't want to be their doctors trial and error guinea pig. Or if they don't want to get surgery to find out what's wrong with them.
As far as "cures" go we have the most extensive, diverse library of genetic information that is available to humans, at least in terms of endometriosis. Our information and tests will be INVALUABLE to scientists and doctors developing genetically specific therapies, assuming of course we don't already have some we're keeping close to the vest ready to announce at launch.
Something is going on...
Honestly if you haven't bought at least 5% of PRED you have ZERO entitlement to any more information than the bare minimum that is required by law for the company to stay listed. We're ALL in the same boat here (if any of you are who you claim your are) and panicking does nothing for the survival of the individual or group.
If you're afraid the boat is sinking, swim for it.
Who is here from r/wallstreetbets?