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Seems to me that most investors here brought knives to a gunfight. Like 3 card monte. You can’t beat them. Sad but true, it’s a dirty game where lying, cheating and thievery are part of the rules.
No one wants to acknowledge the obvious....impending dilution resulting from a large fund raising event. Unfortunately, only a select few received this privileged information. Free falling of sp should be near its end.
It is abundantly clear to those with any market experience that Pred has been in the process of trying to negotiate some form of a fund raise and it appears that somewhere around the .85 cent level are where investors are willing to commit. Clearly this fact has been known by some for a reasonable amount of time and they have used this knowledge to both short and or liquidate shares that had been acquired at higher prices than where the deal is struck. Total manipulation based on insider information. Nothing new to Wall Street.
Better hope you live at least another 30 years to see that.
If on fact Pred employees are being paid with shares instead of cash, sp action makes total sense in that those shares are being sold immediately into the market irregardless of price as employees need cash to pay their bills. This will continue ad infinitum until enough current cash flow is generated or a secondary or large private placement is done.
Even some thoroughbreds end up in the glue factory. Oh well.
“If you put diamonds on a pig it’s still a pig”. Perception of Pred to the investment community will only change with real substantive news with a clearly defined action plan. Until then, only very few other than some here care about the stock. Dead money till those events happen.
There is no legitimate company listed on any U S Exchange that allows its shares to be treated like a puppet on a marionette’s strings without producing a legitimate response in its defense. While it is not managements responsibility to manage share price, it is in fact their fiduciary duty to defend the integrity of the company. To this end, they have failed miserably.
With PRED now facing FDA scrutiny, the entire landscape as to the timing and approval necessary to introduce its offerings into the marketplace now comes into question. Investors are increasingly becoming aware of this causing them to rethink their investment strategy and the value proposition that PRED may or may not offer.
With a move straight down from $6 to down to about $1.30 with no meaningful bounce nor retrace gives a credible indication that there exists a fundamental problem with the company that is not or cannot be addressed. Just a cold hard realization that investors must ponder before diving further into the abyss.
Despite great announcements and revenue projections, volume remains anemic and sp can not seem to progress. There would seems to be investors capable of seeing how all these great projections and launches should result in a rocketing sp yet that isn’t the case. One can not lay the blame totally on a non Nasdaq listing. There must be so combination of factors that others are seeing that the raging bulls here are failing to consider.Saying that everyone else except the 10 or so raging bulls on this site are stupid or just dont get it doesnt cut it. I for one cant understand why we are today not between $2-$3 per share but we are not and it must be for some reason. Well some people obviously do understand and thats why we cant progress past $1.50. We are all waiting for Gadot but perhaps he ain’t coming.
New acctg firm, new PR firm, new commercial launch but same price action. Has all the signs of insider selling and/or option conversion and selling those shs into market. Hard to derive any other credible reasons. Can’t blame shorting any more.
With only 300 shs traded, Pred officially qualifies as a joke stock.
Rumor has it that Pred in fact has no substantial news to announce and have held back releasing some minor events being concerned that anything announced that is not substantial will cause the sp to fall further.
This post clearly demonstrates the deceptive and shady nature of the company and mgt. While the lockup provision on first read seems fine, closer reading reveals that mgt can in-fact can sell greater than 1% of shs with board approval. A true lock up prevents the sale of shares unconditionally. This is just another example of slick shady deception that has permeated Pred's management.
Appears to me that the 11 million share based comp is in leu of cash salary. This is outright deception in that had cash been paid instead of shs, cash flow would have bern negative. On top of that, we shareholders have suffered dilution. Very shady.
Opinion....What happens to sp if earnings report is delayed with no reason being given?
Nasdaq thirsts to list companies on it’s exchange for both the volume and fees that company will produce through the trading of the shares. There must be a valid reason/reasons why Pred has not been listed. The real question is are those reasons in the process of being addressed or are they something the company cannot overcome?
There is no need to place shs in certificate form. All one needs to do is place a sell order for full amount of ur holdings at a price well above the mkt ie $40 snd then the brokerage firm is not allowed to make ur shs available for shorting.
Price action on Pred has all the makings of an impending secondary and it would appear that some are aware of that fact. May need to raise funds for a possible acquisition. The action gives no credence to an imminent uplisting.
On Pred, CT has gone from villain to hero while the bird from hero to villain. Interesting. CT for the first time used the worth “secondary” a very dangerous word for longs. CT has the longs eating out of his hands but is he the wolf in sheep’s clothing. Is Sept 23 the announcement of a secondary instead of an up-list. Time will tell.
Looks like the Hindenburg boys had Pred’s number all along. Btw...where is the White Knight? Looks like he got lanced.
NASDAQ is a business. They are interested in volume and fees earned as a result. They see the potential for huge volume and large fees as a result of listing on their exchange. They want Pred and they need companies like Pred. Be assured, PRED will be listed.
It appears now that PRED mgt has no real ammo to counter the Hindenburg attack. Apparently Hindenburg knew that and at the moment are having the last laugh. They made a fortune snd are still making more. When PRED does turn around, they will be out of their short and laughing. They know and knew what they were doing. They are smart and savvy. BTW, what happened to our white knight, the law suits etc. Looks like it was all BS and probably a planted by Hindenburg.
Doesn’t appear that today is the “any day” we Pred longs are hoping/praying for. Maybe tomorrow??
While impressive credentials, it seems that all those joining are on the tail end of their careers and that their real productive years have past. Unfortunately seems similar to the MLS acquiring all those washed out players from Europe. Impressive names but not much gas left in the tank. Unfortunately, this is reality. This company needs youth if it is to be a leader in the future.
If in fact there is a deal in China, we should be seeing large buying and sp increases in that the Chinese as famous for acting on info not public given that they are outside the reach of the SEC. it would be a sure bet that someone knows of the deal and would be acting upon it. Given the sp action and volume over the fast few days, it would seem that either no deal has been consummated or if there us a deal, it is nothing earth shattering. Keeping it real.
For the moment, Pred is a company without a defined direction. The excuse of “building a company” has worn thin and has failed to attract new investors. So has the anticipation of NASDAQ listing. Management needs to become proactive and provide investors with a defined game plan and time lines. The goodwill that reputations and past accomplishments management had achieved in the prior lives are becoming less and less important without tangible results and improving share price. While some unrealistic polyanna investors will strongly refute these points, in the world of REAL business, managements shortcomings are becoming undeniable. Pred should be doing far better and have a far better share price despite the recent negative event if in fact its future is as amazing as many believe.
Would someone be kind enough to explain how such unbridled enthusiasm the previous week given that revealing photo turn into a dud on Monday? Could that photo have been merely a ploy by the company tp appease shareholders clamoring for uplisting? Why are we not seeing tremendous buying if the photo is truly a foreboding of an uplist and enormous short covering
Personally I believe all this euphoria should be tempered. Certain things trouble me a bit, 1. I believe no photography is allowed on the floor by unauthorized individuals 2. A supposed trip to Hong Kong if in fact listing is truly imminent 3.the language used in in postings by HBS HLS is far from “lawyer like” and no serious attorney would write what was said on a public forum 4. many of what was said ie: never sold or never bought, clean hands, Hit Piece, etc are not events and terms that a knowledgeable attorney would ever use in a public disclosure. And much more. This smells of Fake News. I personally am quite skeptical. Should we not have a significant run up in the share price today given this photograph, I believe then this is all BS and Tommy has far more credibility than one believes.
Looks promising but history has taught us “Don’t claim victory before crossing the finish line”. But our situation is looking very good!
The only buying on the stock is short covering profit taking. There is more downside coming if for no other there is no substantial buyers and no news. Uplisting, whether we admit it or not, is no in the far distance rather than imminent. The stock is totally at the mercy of short sellers. The only positive our cheerleaders can voice is that Pred is a long term project. Unfortunately, the words “long term” have no parameters.
Everything with Pred is “should be”, “close”, “right around the corner”, “ so close you can taste it”, etc etc but for some reason, never seems to happen. Always some excuse always some reason why the event doesn’t come to fruition. The encouraging thing however is that “hope springs eternal”.
We have assembled an impressive team of home run hitters yet the team is having major problems scoring runs (sp advancement). Until this roster begins to produce some major clinical accomplishments, we are going to remain at the bottom of the standings. The market needs to hear less rah rah and more definitive progress but our seasoned mgt team should be well aware of this.
Gates involvement announced and less than 60k shs traded. What’s wrong with this picture?
Given that it's Christmas in July, why isn’t there more smart investors scooping up this gift, this stupidly low stock price? Appears that the shorts may have run out of ammo but appears the longs have as well. For all those who are in this for the long run, you got your Christmas wish. Hindenburg accomplished exactly what they wanted while our management withered under the assault.
Everything posted thus far has been speculation, supposition, hypothetical, innuendo as well as unadulterated hype. All this has managed to cause the stock to soar to almost $7. By not producing any factual accomplishments or events, by not delivering any factual news and by staying silent as to what the company is currently doing, their vision and game plan, they have allowed a firm to produce a “hit” piece which has caused havoc with the share price mainly because investors have heard nothing from the company to counter the allegations. PRED management has failed miserably to be pro active which certainly would have mitigated what Hindenburg alleged or by being pro active perhaps a Hindenburg piece would never have been written.
Despite the credentials of current management, it is truly amazing how miserable they have led and managed the company to date snd I believe that much of the ‘mess” we are in today is a result of their inactions. We can only hope that they learned a lesson from this event which they should have learned long ago given their supposed incredible experience and credentials.
Everybody keeps talking about news news news yet no one seems to know what news. Talk about deals but no one has a clue as to what deals. Everything with this company unfortunately is about rumors, innuendos, whispers etc and yet we have heard nothing. We rely on managements past history and a whole lot more of of intangibles but nothing concrete. NASDAQ uplisting is blamed for no news but who knows the truth. Lets hope this works in the long run because the short term is a bit dismal.
Who is left to buy (support) the stock? Current investors appear to be virtually saturated and no new investors on the horizon given no company news nor uplisting. Shares appear extremely vulnerable to attack and Company appears indifferent.
What appears most troubling is that if in fact we are in a “silent period” due to potential uplisting , and yet there is no definitive way of knowing if and when that will occur, we appear to be stuck in a vacuum of no information being forthcoming from the company which translates to price stagnation with a probable more likelyhood of price erosion as opposed to price appreciation under those circumstances.