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Something is going on.
Yep, HUUUUGE day. About $30k worth traded so far!
But seriously, if anything the bid is being maintained by either day traders or people trying to not turn their millions in losses to completely zero.
Wouldn't read much into a $10k gamble.
Watched a couple episodes of your podcast, actually really enjoyed them. No sarcasm. Good work, man. Keep it up!
A few buy orders executed today at 0.16. Still want news to really invest, but can't imagine we don't return to 0.25+ here again sometime soon.
Merle's one of the main reasons I'm not putting any money in. If he was out tomorrow I'd think we've finally turned the corner of bad management/board decisions.
Ah well, I have no investment in PRED right now. Sold on the run up to 0.5 and took my L. Hope to reinvest in the future with news and no Merle.
Because there's no sustainable demand for shares at that price level in absence of any news or communication.
The stock is going no where until the story changes.
The real price is at 0.2-0.25 IMO and will continue to self-correct back there (whether up or down). With no news and lost credibility, that's likely where we'll float without any Merle pump.
What we need is news, not a loose mouth.
Frankly IMO Merle is the reason the company is where it is today (grey sheets, hit piece, sub 0.25c). If the man learned to let go, we would likely double immediately.
Merle more than overwrites (negatively) any credibility Sorrentino may bring.
If Ferguson comes back we go to a penny.
"GameStop CEO forfeits over 587,000 shares for not meeting targets. -Reuters"
Take note, PRED.
To add, another major concern on Brad's credibility/connections:
Per SEC filings regarding Brad's owned shares..
And Merle, who leaked company info to countless individuals including Barry (multiple videos confirming with Barry talking about info from Sonny in the background).. need to get him fully out as well.
As much as I hate saying it, I agree - management is and has been the primary issue (along with Merle). If Merle was out of the picture completely and a competent CEO/management team was put in place, the PPS would move significantly. Optics on the company have been too bad, and the company needs a catalyst to get both the PPS and any potential deals moving again.
Frankly, while I am a huge fan of the board credentials, their inaction on those fronts is making me start to question them as well. The longer time goes, the more fault on their shoulders too and need for a refresh there.
Still a huge value here, but we need something significant on the above to bring us back to the $1+ levels.
Good point Elk, agree PRED is extremely undervalued at these current prices. Very good comparison. Thx
Hey, Lucky. Time to add a company to your exception list.
Give it time. This one has long legs and none of the black clouds.
Welcome aboard Tommy.
Most are not understanding the value in the genetic database/therapeutic potential IMO. Definitely a long play/investment.
Added a few hundred shares.. exciting times ahead in the future of drug development.
IMO.... Stem cell business is nothing but a good short-term cash flow and means to staff up the business. Regardless of effectivity, there is still snake oil perception in the market (especially when you compound recent company history). Database-related testing is the only one with the strong potential and way to bring back legitimacy quickly.
Looks you won! Who promised the bottle of liquor? We're all going to need one right about now.
Of course my posts will slant bullish as long as I am holding. Still have tried to approach things and fairly criticize. But like most I got caught up in various rumors or others positivity. I have also leaned overly positive at times to offset some of the overwhelming negativity.
Feel free to revisit my full posting history if you would like. I have clearly misread some situations, given PRED managment too much benefit of doubt, and my price predictions have clearly fallen flat. Frankly though IMO, those who have predicted much of the day to day turns are lucky.
But my "yes!" to Pelco is because regardless of what I have said, his post is the most fair and accurate take right now.
Anyone holding to a short term $20 target is out of touch with the market. Possible a couple years ago, but not with the recent history behind us unless Gates himself joins the board or PRED buys Chik-Fil-A.
Believe we'll get back to $1-$3, but anything beyond that takes a lot of time and hurdles.
Nothing from Jennings has had any negative impact on the stock. Merle...
Rah rah Jennings bad, Merle lord and savior. *pounds chest*
Do have to say, only thing I know about Jennings and Bommarito is they don't run their mouth on this board. Wish Merle would shut up.. the public infighting doesn't help. If he has a bone to pick, why not do in in private?
Makes me think he's currently on the out.. PRED seemed to shut down others that were talking too much (e.g. Thomas) publicly, seems odd someone seemingly close is let loose by WSGR. IMO
Can't tell if all your posts toward me are love or... whatever, I'll assume it's love. Steak dinner date on me, babe. <3
Someone likely learned the difference between market order and limit order the hard way.
I'd assume they fully covered at this point.
12-31-20 PRED END of YEAR contest gets a bottle of your choice of liquor! You're going to need it. Copy & paste add your guess to the list.
0) MERLE $20.00
1) PRED2020 $.021
2) BRIAN $1.00
3) IB_ $0.43
4) DDTKA $.32
5) Brooklyn137 $9.93
6) Piper $0.08
7) Bprofit $0.53
8) RL $0.02
9) traderking60 $0.79
10) thegreencandle $.0.23
11) BobbyO71 $0.26
12) Bigboy36 $0.50
13) Nilda Nehos $0.61
14) Jimmy313 $0.27
15) LSSFinanceNews $0.75
16) IhidfromtheX $.16
17) Biigboy7 $.54
18) St. George $0.13
19) Elwood1964 $.66
20) patience_in_waiting $.86
21) BearNaked $0.30
Responded to this:
Hindsight literally 2020... 2021 going to be a fun ride. Not much longer until the hard hats come off.
Depends on your perspective/risk-reward gauge and willingness to wait. I personally wouldn't advocate to friends any more purchase until results or company communications come in. Think we're at a solid Hold until March financials which is where I'd place my bet on the ramp-up for all. May miss out on some good performance, but if we move up to $1-3 (which I think is a possibility in the lead-up) and that's missed... there should be some good runway left.
Nothing unexpected. But Deloitte doesn't work with just anyone that pays. Going to be a good wait until March's rocket booster kicks in.