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So, about a month ago i wagered with someone on here...BigBoy 7 maybe...that the shares would be $1.85 on August 15. We are just about there on both counts.
From a long perspective, i still like the shares below a buck as a punt. Who knows, they could be a survivor.
As of now, no position. But anything the parrot/pirate is involved in is more than likely not a healthy situation.
I promised not to post until the 15th against my prediction (no pun intended) of a $1.85 share price, but felt compelled to speak about bird man today. Says he has 200,000 to bye on the opening, as part of 500,000 in an effort to get the price up to $5.00.
Don't front run this supposed order. Don't do his dirty work for him. He wants you to think he has a large buyer and that YOU will push the price up when, more than likely, he has nothing in hand to buy at all.
Just a polite suggestion. Back on the 15th.
That is very interesting TopKnotch...but what does that have to do with TMO providing PRED with some equipment which might lead to them selling PRED even more stuff if they do well?
Y'all need to look at the TMO deal with PRED.
NASDAQ has as one of its primary tenets to protect the retail investor. Share prices being pumped by spurious, and previously indicted criminals, to $7.00, and then crushed down to to $2.00 by equally spurious investors in a couple of weeks is not conducive to allowing the little guy to trade in the shares. The public got crushed in this stock and NASDAQ will likely take notice of that event.
Give it time to settle down and NASDAQ might take another look. For now, i cannot see them legitimizing such a volatile stock at the risk to the investing public.
Well BigBoy, good luck with all of that. Not everything which doesn't support your scenario is nefarious.
Listened to some of Barry's pumping. Then had some people check out the company. What i found brought me here.
No position. I will care for a punt under a dollar....likely less that $.50
I hope it runs like hell so all the bulls get their money back. I have my doubts based on who is doing the pumping, and what the empirical information suggests.
Time will tell. Most entertaining regardless of who wins.
Don't be confused by the "born on" date.
They were stated as "Loss from Operations".
Nothing administrative about that.
Figures are in the 10Q....Revenues up, but losses bigger than same three months in 2018.
Do a very simple market study: Ask your OB/GYN what they are telling patients about saving Stem Cells from the placenta.
Barry works for Barry. He did a good job of pumping the shares. Notice that he very carefully never says things are absolute. I "hear" there is a big order to buy the shares. The "rumor" is that a major firm will be issuing a report. The "speculation" is that they they "could" do a deal. "I think" you will see an article soon.
It is always"maybe" and people fall for it.
Nice post. Good way to end the week!
He just uses those people to do his bidding. Ever wonder why he runs a site at no cost? He gets people all wound up (always the same story) and they buy shares in some POS while he is selling it to them. I laugh when he tells them about being on the cover of Barrons. It was for stock fraud and manipulation i believe. Not for being a genius. Even his levied jail time was not a deterrent from bad behavior in manipulating penny stocks..
Do you guys think Barry sold the 175,000 shares he said he got to pump the stock? He hasn't said a word about it this week. I presume he is out...
DJS,show me your valuation math, pls.
Yup. Tried to point this out yesterday. Take out goodwill and capitalized research and this counter is worth very little by my calculation. Hence my interest in making it a speculative purchase when it gets back down to a few pennies per share.
Over time it has been my experience that fundamentals dictate price levels. Short term liquidity might create extremes, but longer term the market prices things appropriately. If you think the price is wrong, put up money and move it to where it "should" trade.
VHGIER...very salient post. Too few will listen however. They are operating on the "hope" thesis, which rarely if ever works out.
You analyst is quite correct. There simply is nothing there.
Well, except for the time in the pokey....year and a half, i think i recall reading.
As for me, i have no position in the shares--neither long nor short. Will look to be a speculative buyer when they fall below $.50 again.....
My focus and interest is to get people to think about what they are doing and not listen to the pumpers who buried people in this and many other names with a well rehearsed shtick.
With the accusations i would think that there is no way NASDAQ would consider up-listing the shares until the status of the company is vetted. They don't want situations where the little guy is going to pile in a $6 and then have him squealing at $2 a couple weeks later. They don't need that aggravation and won't bag the public if they can help it.
Guys...look at the balance sheet. Take out the good will items and the capitalization of research and this co is BK. They have more payables than cash. If they can't monetize their activities quickly then they will have to raise money. That will be a further death spiral for a company with a large credibility problem after today.
Been reading and watching....review of the Balance Sheet ex the goodwill/capitalized "research" items has made me think it might be a buy back down below a buck...just to catch a few bottom fishers and maybe there will be some shorts that will want to take a profit and push up the price again.....maybe buy below $.50 and flip it at around a dollar. Chuckling at the bulls, who pumped this thing to $6.00 are now whining when the shorts push it back down towards zero. Why is one side legitimate, and the other not so much? Pretty much kills any chance that NASDAQ will allow a listing now. Why would they want this nightmare further out in the public domain with their name on it?
This chap Barry Sutz uses the same scheme in every stock he pumps. No-one seems to notice that the "story" is always the same. "There is a big buyer just waiting, there will be new money, they will get listed on NASDAQ, they could get bought out for some ridiculous amount of money, the people they hire are world class, the company is in great financial condition, this stock will make your children wealthy, a major firm is going to recommend the share", and on and on. The story is always the same, and it never comes to pass while he, more than likely, unloads shares to the gullible. Barry has been described as a "penny stock flim-flam artist". I believe he is very good at what he does.
Why does moving from one exchange to another mean that the price will go up?
What evidence does anyone have that the people pumping the shares are not the same people who are doing the selling? Because they "said so"? You have NO idea what people are doing off screen.
How do you know he is getting info from anyone? Cud it be that he just makes it up to try and support the shares?