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Very high probability of PMCB never making it. That is the harsh reality if you own a lot of stock
The trends have been bearish for about 3 years
The stock is worth virtually zero so it shouldn't surprise any rational human that PMCB keeps gradually trading lower
Anyone who has said PMCB was cheaper over the last two years has been 100% wrong.
Or don't do anything, watch the stock go to .005 then reconsider.
Blinded optimism is a never a good strategy for stock picking.
I might be low here but I would say there is at least a 95% probability that PMCB will eventually be worthless.
PMCB to trade below .06. I have gotten a lot of grief for having a bearish view meanwhile the PMCB longs that have been touting the stock for months have been 100% wrong and are always quick to call out those that are skeptical. I am waiting for the PMCB longs to admit that their investment is in great danger of being worth 0.00000.
An objective voice of reason. Thank you for this
How much definitely matters. Foolish to think otherwise. According to Bloomberg Feltz does not own.
Feltz no longer owns PMCB and it only held 5,000 shares. Not exactly
A large position. Geneva advisors holds 21,000 shares. Too small to matter.
Not at all. I know filing BK is not a risk. There is no debt. When I know 100% for certain that the PPS is going to go lower in the near term, I don't mind being patient and waiting. Therefore I cant bring myself to add shares knowing I will have a chance to buy cheaper. Also this is far from a sure thing so I do not want to overpay for the level of risk. We can just agree to disagree on that front. If I am wrong and something miraculous happens and I miss out, I am ok with that too. You have your way and I have mine.
No one has a real short position. Short interest is 0.02% The only way PMCB can possibly pay this new exec is through stock therefore an expected increase in issuance should cause the PPS to decrease marginally.
Please tell me how I am wrong about the dilution aspect. Use factual data please. I bought shares in PMCB when it has only 370mm outstanding shares. Now it is 770mm. I would not resort to name calling either. Every prognostication you have posted on here has been dead wrong.
It has to matter at some point. For as long as I have owned PMCB my ownership % has been cut in half and it isn't slowing down any time soon. I would considering adding more but the company in my opinion is overvalued at this point relative to the risk.
It's a double edged sword. PMCB hires and accomplished executive which it will have to pay partially in the form of stock which means further dilution so no one should be surprised that the PPS is slightly lower Today.
Wrong again
I hope your prognosis is accurate. I am not singling anyone out but it is getting irritating coming to this board and seeing people celebrate when the value of their holdings are the same as yesterday. I have been teased enough. I would love to see longs temper their excitement until something real happens that impacts the value of their PMCB holdings.
You are saying it's simple to understand meanwhile your first response to the news today was "kaboom" I am sure you thought there would be a spike in price and volume.
Usually if news is deemed to be significant you would see a rise in price and volume. Today there was neither for PMCB. are we even sure this news wasn't expected by the marketplace already?
Nonsense? If it is less risky than last week why is the PPS virtually the same? The market doesn't share your optimism.
It's not just me. The entire market is telling you this PMCB news does not move the needle on shareholder value. I am more likely to believe the overall market opinion over a message board that thinks they already the next Microsoft.
When people stop uncorking champagne for items that have no effect on my the value of my shares I am going to post whatever I like. This board is for any opinions about PMCB. It is not solely limited to bullish opinions.
You can do that. I choose not to. Not sure how one can celebrate when there is virtually no change in shareholder wealth. Uncork the champagne when that happens. Until then PMCB is still a very risky investment.
The market is telling us there is still a long battle in store for PMCB. If it is was a foregone conclusion that PMCB would receive FDA approval the PPS would be higher. It's encouraging but I am still very skeptical of long term success for this company
I bought PMCB over 4 years ago. The #of shares outstanding has almost doubled since then. At the rate they are adding shares there is a good chance it will be worthless IMHO
I own it. I view it as the odds of owning a lottery ticket. Low probability of huge payoff that does not affect my lifestyle.
It's hard to take you or any longs seriously because there is zero objectivity in your thought process.
PPS matters when the price is up. Everyone goes wild when it is up by .005 per share. When it is down that is when it is irrelevant.
PMCB outstanding share balance currently is 772mm. As of 2/29/2016 it was 750.8mm. As of 3/31/2015 it was 707.7mm. In the last 12 months the balance increased by 10%. If you want to ignore the effects of dilution on your holdings that is a you problem.
I can explain this a million times but the short interest in PMCB is 0.01%. Short squeeze is not relevant in this scenario.
It's happened the last 50 times PMCB has rallied more than a penny intra day. Just stating facts. Everyone on here loses their mind when the PPS increases by a penny only to be disappointed.
Longs fooled again. Seems like a broken record here but once again PMCB trades higher on news that is not material and then reverts back to a new low. This pattern repeats itself over and over. Advice for longs: next time the PPS trades higher on non-material news, do not say anything!!!
You will more chances to buy PMCB less than .064. This has happened a million times. The stock gets momentum on news that is not material, then it will revert to its previous low.
The PPS doesn't matter. Unless it is going up, then it does.
You will have plenty of more chances to buy PMCB below 6 cents. Only source of liquidity for the company is to issue shares so eventually you will have another chance to buy at those levels.
I'm saying .005 is where I would be comfortable adding PMCB shares at this time. Not a time in the future.
That is where I would buy PMCB as of right now. That target price is always a moving target as new information is learned.
Today's pmcb press release should end all of "good news coming real soon" posts. I would be a buyer of PMCB at .005 per share.
If we are hinging hope on positive PRs released by PMCB, this will not end well IMHO. Will PMCB receive cGMP approval? That is the only news that matters. These constant PRs feel like they are telling you a bedtime story so you can sleep better. They will not interest me until there is material news in the PR.