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" I just took out a payday loan of 5k to buy some shares at this level. this better pay off or im screwed!!! PRED STRONG "
I don't know much about investing, but this seems like a solid strategy. If this thing is going to $20 quickly, like a lot of people here suggest, you are going to make a killing, even after you pay back the pay day loan.
The Great Conspiracy:
" Quote, "and news will be out late this week or early next week" !!!!!!!
Late "this week" has passed, will PRED release news today "early next week" ???????????????????????????????
Tomorrow is Mid Week so today is actually the last day of "early next week"
Why is it even legal to be spewing such trash and sucking in small investors who are losing money left and right?
Where is the SEC to look at this sort of baiting?
"Sounds like you’re talking out of your neck."
From the company...not from an anonymous poster on a message board...where on earth did anyone get the idea that there were "deals' in the works and "contracts" being signed? Where did the company say any of that?
Nowhere. The company has said nothing. Given No indication. Offered No info on any busiess activities.
It is all just made up BS by someone who has pretended to be an insider and, if the were, they would NOT be publishing any of the tantalizing details which make a lot of people think the shares "should" be higher were it not for those evil sellers--long and short--which are keeping the price from running into the teens...twenty...fifty....two hundred.
Right? Right.
So, if there is no real "news" of a deal or contract, the attempt to say that there is is simply stock manipulation.
Got it.
Mega News.
The bulls "know" this as a certain thing.
Hmmm.... I wonder how they absolutely know this. Isn't that insider trading?
Grabs popcorn.. Bigly cocktail.
This i gotta see.
Sorry Stockboy.
Plenty of shares floating around. "Naked" is no longer relevant as long as there are shares available for delivery.
Now, if the company illegally sold shares which aren't registered, that is a whole different story.
Shorts watching longs Buy at these levels instead of $1.50 when it was "cheap".
Shaking heads.
Get it up to where they can make nice sales, and down it will go again.
Then this board will be active again with whiners complaining about "the shorts".
"The CEO of PRED was doing lots of traveling before Hong Kong. In these photos you can see he has quite a bit of deals lined up for the company."
LoL
Can you imagine an investment where people are making decisions based on a pic of the CEO being somewhere or other?
Sad.
" bARRY says 400k to chew through, todays volume 300k "
How would he know this? He might PREtenD, but half his "calls" are with no-one on the other end. He just talks like he is having a conversation so his "subscribers" will pick up on it and do what he wishes. He might have been short PRED and talked about a 400,000 share seller in order to get weak holders to sell so he could cover for a lower cost.
Ever wonder why he runs the site for free? Now you know...to catch suckers.
"If Nasdaq does not wake up they will easily go to the NYSE".
I have taken companies to the NYSE. There is NO chance PRED, in its current condition, will be listed on the NY.
"I'm all for pred taking off and making money for us..but these pics look photo shopped to me..he is wearing 2 different suits..they just look fake!!believe me..I'm a long. And want nothing but the best to happen..but the fake stuff gotta stop..we need great substantiated news..not some photo shopped pics..how about a news release that can be verified..."
You may also have noticed that what the guy posted was "near product" or similar language....i.e., there is nothing there at present; and there was reference to a portfolio of information, which if you look at the balance sheet, they have valued for many millions, but which has no value until commercialized.
These companies (and pumpers like the bird man) are very tricky with the "potential", "near", sort of language. Taken at face value they look progressive. Taken for what they actually mean, it says "nothing burger".
Time will tell, but stem cells remain a very cloudy and murky swamp with substantial regulatory and practical hurdles.
Speculative company at a price. $1.67 is likely not to be that price in my work.
No position. Likely be a spec buyer somewhere below a buck.
There's an investor who is all over their game. A dividend. The Balance Sheet tells you so, eh?
Cavalry....whoo, hoo.....
Tom,
I am neither bullish nor bearish on the stock. I have a level where, after doing my work, that i may care.
In the meantime the market (don't tell me about "shorts"--if the share fundamentals are good the short would be devoured) is telling you that this company has "issues" and is not worth very much. When the company is touting how they filed their paperwork with the SEC as "news" then you know that there is a deep hole in their fundamental work. The price of the stock tells you all you need to know.
I have no position in the shares. Have been saying for several months, after doing a fair bit of work on the company ( i mean really, all you have to do is look at the Financials !) that i would consider taking a punt somewhere below a dollar. They 'might' accidentally succeed in something, so for $.50 or something it is a punt. Otherwise? No. WAY too risky
There was a private Stem Cell conf in Austin over the weekend. PRED was NOT mentioned. Take it for what it is worth. Whole industry is sketchy, and then there are sketchy companies within the industry.
Sure, for a few pennies, buy a hundred of these companies and hope one hits their stride and pays for them all. But trying to pick just one? Nope,.
But, but, but....they have GREAT management (who has only had a few skirmishes with the law.... never convicted).
Well, there's that .
Look up Cabinet Bid. Maybe that is how the shorts will cover, if they ever choose to do so.
$.01 for everything you want to sell. NOT PS
At this time, there is not a snowballs chance in hell that PRED would list on the NY.
Were i advising them i would suggest that avoid such embarrassment even if they somehow managed to get their shares listed on the Big Board.
In your world Zugis.
For the rest of us it is just a fantasy that people worship for some reason.
$ 1.5 Trillion
For everything else there is Master Card
"For those that are unfortunately long $PRED, a suggestion would be to have an account that is able to short it (interactive brokers, centerpoint, tradezone, cobra have shorts available) and box your position (long and short positions) so you can lose money long, but make money short."
Me thinks that is what bird man did...says "i didn't sell a share" of the 175,000, but he seems pretty calm watching a seven figure profit disappear. Guessing he shorted against his position, if he holds a long position, to lock in the gain.
"Shorts really have an issue with being objective"
Or maybe they have done their homework AND reviewed the P&L and the Balance Sheet.
That is more than virtually all here have done.
And perhaps why those who are short the shares have made a ton o $$$ (objectively), while the longs are licking their wounds and "hoping" (subjectively) they have a chance to get out even.
I am neither bullish nor bearish on the shares of PRED.
I DO have my alert raised when the bird man gets involved. Historically his pump and dump schemes have been pretty good shorts or, at best, avoids.
I do not wish to see people get hurt in these small names.
I encourage anyone interested in the company to read the details of their agreements with Pfizer and Thermo Fischer.
"Just about every OTC company filing says that."
Yes, but in this case, they mean it.
I notice that the Balance Sheet has valuations for their cross holdings. Are these valuations created by Clarivate?
"Let's do some DD"
I agree.
Spend a few bucks. Visit some of their labs. Talk to their suppliers and customers.
I did.
No position.
It's not so funny for the serious people who have their money in this thing and are choking on an endless series of speculative statements.
I'll play.
Moves up 10-20 % on silly retail buying. Closes that week lower than where it opens after the announcement.
Proof is quite simple: It hasn't happened.
If any you of think the price is being manipulated, take it to where you think it should trade. Get your bull buddies together and go buy a couple million shares. Work the phones. Get institutions involved and run it up to three, or five, or wherever you think the right price might be.
Price tells you all you need to know.
Up-listing is basically a non issue. If there is value in the shares, people will find it.
Grabs popcorn.
Bigly cocktail.
This i gotta see !
Would someone please explain to the group why moving from the pinks to being an obscure $2.00 stock in NASDAQ is suddenly going to pique interest, and higher prices, in the shares?
We'll just have to see big boy.
One of the 'tells' in this name, aside from the tricky fundamentals, is that bird man is involved. When you see that sort of person involved in a stock you know there is something shady going on.
Maybe not this time. Time will tell. I am VERY patient.
Nice report ToeD
I had some people check out their labs. I like to have first hand knowledge of things i invest in as well.
Contrary to what one of the pundits previously reported this morning, i have no position in the shares. I would like to buy them below a dollar if the opportunity presents. I have made that point numerous times.
I don't know squat about Hindy or the funds they work for. I have only done a modest amount of work on PRED. I can tell you from experience that if the shorts trust their work, and they usually do, then they believe the company is terminal and their target for the share prices is zero. Being a professional short involves knowing that you will get squeezed and you have to protect your short. It might go up a LOT before it goes to zero, and they are ready for that IF they are pros.
Time will tell. Longs can make a bundle in the process. Shorts can get the last laugh...
The Bell Ringing involves a breakfast, and then about 9:15 they prep for the bell ringing. 9:30 ring a ding, everyone shakes hands, gets their pic taken, and then on the way to Kennedy for the trip to Asia. Easily be in HK by Sat evening.
I did ask the question yesterday on here as to why the shares would necessarily rally because they were listed on NASDAQ. No-one seemed to have an answer. Lots of people jawboning about how this is going to rally the shares, all other things being equal, but no-one can explain why. Seems to me it is just people jumping over people with a story which, when you really think about it, is mostly a non-event.
Public exposure, such as it is for a $2.00 stock, cuts both ways. The more people see the company, the more they ask pertinent questions. If the answers are sound, the shares might rally. But if not, well, we already know how that works. Costly, eh?
So, today is the day i lose my prediction with..i think it was bigboy7...that PRED would be at $1.85 today. I think it was a buck or two higher when i made the estimate a month or so back, so i came close...but no cigar.
Now where?
I will be a buyer when it gets below a buck...then all the stuff you guys are chattering about will be worth the gamble.
What i don't understand is why you th8ink it will run if they get a NASDAQ listing? Same fundamentals, same shenanigans, except the prices are a little more timely and public. Non event IMHO.
Cover of Barrons.....
For being a penny stock fraudster..... !!!
"The Pool Boy" Did you guys miss that part?