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PMCB about to trade under .05. I thought it was going to go higher with all of this good news out? PMCB longs need to stop putting the cart before the horse for goodness sake.
Tried explaining this before but intra day short selling is not indicative of overall short interest. The reason why PMCB doesn't trade higher is because the company is worth less than where it is currently trading. Simple as that.
Sarcasm. I get it. However warren buffet only buys companies that are trading cheap to its intrinsic value. That would not be the case for PMCB as it is worth somewhere between 0.005 and 0.01
When someone posts an opinion adverse to yours on PMCB you do not hold back on giving an ethics lecture. That is the point here.
If you are a PMCB long you post inaccurate information or make ridiculous prognostications and get away with it.
If Vegas offered odds against a PMCB buy out in the next year I would bet the farm
As usual, Not huge news. Only huge news when the news is actually material which in this case, it isn't.
I have a feeling the longs have way too big of a position in PMCB relative to the rest of their holdings.
It looks desperate when you do that and is also 100% wrong. No PMCB does not always bounce back.
"It will come back next week. It will more than come back when trials are set. It will come back a few thousand times when their is a buyout."
How do you know this? Unless you are privy to information that is not public how can you be so sure of this. To me it is highly unethical to state these thoughts as factual when you really have no clue what the future performance of PMCB will be.
Just my humble opinion but the way you are guaranteeing certain events will happen with certainty is unethical and in poor form. Are you a company insider of have knowledge Beyond what is publicly available? Even if you have done precise due diligence you should at a minimum distinguish what is your opinion and fact.
Well just agree to disagree. I can't take opinions seriously from those who have zero objectivity.
It is based on the probability of a penny stock becoming a viable company. That is the reality.
That I get but I am placing a very small probability of that scenario actually occurring. Less than 1% that PMCB is the curer of diabetes.
That is assuming they control 100% of the market share and PMCB technology is viable (FDA approval) if those assumptions were for certain, PMCB would not be trading at 6 cents a share.
100's of billions is a pipe dream.
How do you figure that? PMCB is not even up more than a penny today.
If PMCB traded at its all time high of 0.62 tomorrow I would sell all of my stock.
How so?
Not sure where you get this "too much good information" idea from. All PMCB has done is state what their intentions are. That seems to be getting confused with actual results. Those are not the same.
Never get emotional about stock -Gecko
That is virtually no debt but if they can't service that then run for the hills.
CBIS can't go bankrupt because they have no debt outstanding. It will eventually be worth 0.00 as the company will never make money and will need to continue to issue shares to keep the lights on
I used to own. Happy I sold CBIS.
Yes. A lot of announcements but no actual positive news that would lift PMCB higher. With virtually 0% interest rates in the last 8 years we have been in the frothiest equity market in the history of the exchange. PMCB has done nothing but trade Lower in a market that is white hot and investors are dying to put money to work somewhere so I am not buying the hidden gem theory
Better yet. I would lay 10 to 1 odds that that PMCB will be worthless before there is a buy out.
PMCB is up to .0021 today. I would hardly view that as a positive
You are talking like it is 100% going to happen which is crazy to me. I would lay 10-1 odds that they do not get bought out in the next two years
What kind of odds can I get that there will be no PMCB buy out in the next two years ?
This statement is inaccurate on many levels. 1. The price of PMCB continues to go lower and set new 52 week lows. 2. This so called good news is being incorrectly classified as that when all PMCB is doing is making press releases of what their intentions are. If there was actual good news the PPS would not be on a gradual decline for the last 2.5 years.
PMCB hanging on for dear life like lebrons hairline
About to go under .05 a share. My guess is that PMCB will be trading at 0.02 before year end.
I marvel how PMCB longs fall into every behavioral finance trap known to man. It's a good study
Please tell me how PMCB has performed compared to the S&P over the last 2 years
Everyone has been saying that and has been 100% wrong so far. PMCB will be getting close to .01 soon.
Here is my advice. Wait until it trades at .01 and then reconsider buying PMCB. it will for sure eventually trade at that price
I do not want to see people lose money but PMCB is headed straight for zero
The markets reflect all publicly available information. If there was broader optimism the PPS would be higher
Great investment? You are saying that with certainty when there is at least a 95 % chance this company will be worth zero
The broad market disagrees with your sentiments of PMCB.