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I think it will close the week around
.05 We’ve seen these temporary rallies a million times before
The delusional PMCB longs are too blind to see it. I own it but fully understand the risks that it can go to zero.
Didn’t take long for PMCB to come back to Earth and the longs fooled once again.
Institutional ownership is around 0.15%. That is virtually zero
PMCB would have to increase 55% to trade at its 52-week high. Tap the brakes a little bit.
PMCB actually has 1.08bn shares outstanding. I for one would like to see a reverse split to reduce the float
How is PMCB undervalued? By my math it should be valued less than .01
Per share
Hate to inform you but there will be no short squeeze. Short interest is virtually zero. Hard to find a realist on here
I am going to regret my PMCB purchase I made a couple of weeks ago. Looks like a falling knife again
PMCB ihub logic:
Stock up .02 cents - “someone is trying to buy the company”
Stock down .02 cents - “someone is manipulating the price lower”
Bottom line is PMCB is not worth anything so the PPS should be in .10 or below unless something material occurs
We need something other than a paid press release would be nice.
Based on its track record, .05 easily
Not to self: do not buy a stock based on a press release from a 3rd party.
It could easily go back to .05 real easy. No earnings, and an increasing float. I own and am fully aware my downside is 0.00
I’m back in in a small way. That being said we are light years away from .50.
Well that didn’t take very long
More likely the investing public doesn’t think PMCB is a $100 million dollar company. It’s an interesting story but still a highly speculative investment.
The RSI is currently around 88 for PMCB which would mean its massively over bought. My guess is that if you want to add shares there will be some type of pullback soon
Still a long ways away from that. They still haven’t proven much and is trading at a $100 million dollar valuation. I bought some recently out of fear of missing out but would consider this highly speculative.
Is this a serious statement? PMCB mentioned in the same breath as Steve jobs is laughable
I feel bad for anyone that has accumulated PMCB shares the last 5 years. Not only have you lost money, but also had their position severely diluted in that same time
It's pretty obvious that PMCB will inevitably be a worthless entity.
Maybe we spoke too soon if the news was material. The ihub curse strikes its ugly head again.
Should be a positive but curious to know the impact it will have in overall earnings
Somehow no volume today. I wonder if this news is significant.
The data is from the PMCB balance sheet as of 1/31/17
PMCB book value per share = $0.008
Shareholder equity as of 1/31/17: $7.036 million
$7.036m/875.3m = $0.008 BVPS.
over valued
What exactly did you call? Luckily for the shareholders there is new management in place and merged with a new company that was not on the radar 3 years ago.
Also there are no investors "soaking this up" as there are currently no institutional holders.
I sold PMCB at .09 after the conference call fiasco. Will reconsider getting back in at .02.
What is your valuation of the assets of DRYS? Please let us know
Someone has done the work for you on DRYS. Buyer beware. https://www.google.com/amp/s/seekingalpha.com/amp/article/4061653-dryships-something-fishy
I sold 25k @ .09 $2,250 is better than 0
There is less than a 1% chance that happens. I hope it does but not counting my money anytime soon
IMHO PMCB is not a lottery ticket but probably has the same probability of success as a lottery ticket.
Maybe in 2020.
It's going back to .03 so you will have plenty of chances and time to buy cheaper. It will close around .08 imo
It's going to be a while before PMCB will file the IND. I could see the stock selling off in the .03-.05 range over the next several weeks IMHO
You probably own 10x what all of the institutional investors own.
I invested a while ago. The only people to have made money are the executives. Shareholders have experienced less ownership and a declining stock price.
Institutional investors own 0.06% of the company.
At the rate PMCB is issuing shares it will be at .01 soon.