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It's like open season for pump and dump and frauds right now. I've never seen anything like it, everyday another ridiculous fraud is pumped through the roof. PRED no doubt would have been flying in this kind of market, those 100$ per share predictions may have been possible, but they are so inept they can't even do fraud the right way, what a bunch of losers they have running this show.
Seems PRED got de-listed at the worst possible time. So many junk stocks getting pumped through the roof with everything that is going on. The PRED pump machine probably could have gotten this thing up over 20$ in this market.
Is your definition of "shortly" similar to PRED's definition of "immediate"? Any word on Artguide? Was suppose to provide some much needed cash flow this year, years half over and haven't heard a peep.
What are the employees of PRED doing besides waiting around for tests? Are they working on anything? Artguide update? China? NASDAQ? Atrin and their 2 employees? Bill Gates? Thermo? Anything? I have this ominous feeling like the end is near.
Most of these companies that popped on Covid Test news are coming back down to earth rather quick. Not even sure at this stage in the game if PRED actually did come through with the kits, which I think is pretty far fetched at this stage in the game, it would not make much of a difference in the share price anyway.
The saddest part about PRED is that it had such a huge following of investors that just loved this stock, so much so they turned this into a billion $ market cap on really nothing material. PRED could have done anything, I mean anything big or small positive, hell they could have sold a few rolls of toilet paper, oranges, anything and investors would have have been satisfied. But those who run this show were so overly incompetent they couldn't figure out anything fruitful and decided, I believe long ago, just to turn this into a BS news company that never produces anything just talks about the possibilities of this and that. You could pull any Joe Schmo off the street and give him a billion dollars and he would have been more productive than PRED management has been. IMO it comes down to laziness, incompetency, and maybe just BS artist runs through the blood of those in charge. It is pathetic and inexcusable that since PRED was worth a billion dollars they have done nothing but destroy the company from within.
"Immediate delivery of 1 million tests". 3 months later, wait for it, wait for it. Blahahahahaha, any day now
Did anyone own any puts when this was halted and have since expired? How did that work?
Yup Schwab has it at .50c a share, up 94%, was happy for a minute, then became very depressed after realizing if this thing goes up %100 we are still only around .50c.
Because they have no cash, nothing producing any kind of sustainable cash flow, and they need pay for everything with newly minted shares.
Unfortunately with every passing day it seems our worst fears are being realized, Hindenburg was correct, a last ditch effort to save a company on the brink of insolvency. PRED basically admitted as much in this Q, the net loss over the last 9 months alone was more than half of the company's market cap, and absolutely nothing to show for it, how is that possible? Even as the company faltered through the last few Q's they offered some glimmer of hope with NASDAQ, Artguide, and a bunch of other bologna. Seems like the company has given up, not even trying to keep investors interested, basically just waiting for the other shoe to drop at this point. My guess is PRED will never see Friday's close of .26c ever again. Really not even a big deal considering the shedding that has taken place over the past few months though I would like to see some people held responsible, preferably jail time. Investing in PRED has been like throwing money into a fire pit. ELGL will be worth more than PRED this week and that quiet honestly is pathetic.
Monday's bloodbath, I wouldn't be surprised if this skips over the teens and right to the lowly pennies. When PRED's own mouth doubts its ability to make good on the tests or even continue operations you know it is the end of the road. Also seems they have given up on NASDAQ, was really hoping for another good laugh this Q but I guess PRED decided to go the other way with all the gloom and doom they reported, oh well. Anyone else still think NASDAQ is in the cards? Blahahahahahaha
Wow, I don't think the Q could be anymore grim. If you were asking for cheap shares your wish has just been granted. It is gonna be bad.
Great DD guys, the only problem I see with the great DD is that none of it has anything to do with PRED, but keep up the good work finding articles about other companies and testing in general. One day, if you look hard enough, you may find something involving PRED, it will most likely be a lawsuit or a bankruptcy filing, but one day I'm sure you will find something.
PRED's investor page still has them listed as OTCPK, misleading to say the least, ample time to have changed that. Looks like ELGL may be worth more than PRED in the coming days, PRED may just be the biggest scam of all time.
Remember when the CEO bought 10,000 shares for like .80c a share? Anyone still wondering what that was all about? The CEO went from being worth hundreds of millions of dollars to less than 10 million in a few short months, could be worth less than a million and very soon. You would think he would have put up more of a fight on the way down instead of crawling into a hole. Almost feels like he may have just been a puppet head to the ones behind the scene that stripped this company dry and took the share holders to the cleaners, in fact I bet he knew all along he would never cash in on those shares, I'm sure he made some coin from PRED in other areas we don't know about but he was never going to see 100's of millions.
Well PRED did state in the release "to the best of their knowledge" while discussing DaBlood's ability to execute their side of the deal. I'm sure that wasn't a coincidental statement.
Anyone see Murphy's Law on Wikipedia recently? They mention PRED as an example of Murphy's Law. Just when you think it can't get any worse than this, PRED reminds you, oh yes it can.
Or maybe PRED employees are packing their belongings and closing the shop for good as we speculate on when tests will arrive, seems more plausible than any other scenario that has been thrown around here. I love how everyone's DD about PRED has to do with other company's, the need for testing in general but never anything that connects PRED to anything of substance. PRED is hanging by a thread folks, if you thought the last two Q's were bad, with no new revenues, and i'm pretty sure as bad as stem cell revenue was last quarter, nobody is leaving their house during a quarantine to go get stem cell treatment currently, this Q stem cell revenue will be even lower. Forward looking statements will say " waiting on stem cell approval to fight the virus, waiting on DaBlood for tests, Artguide soon, Nasdaq soon" bunch of meaningless jargon. PRED is at the end of its road barring some miracle, but sure the stock is going to $35 a share on the Gray sheets, what a knee slapper.
Serious question, is it too late to short this fraud?
Schwab is now letting you trade, wasn't able to earlier but just succeeded in putting in a limit order.
Agreed, share price is holding up much better than I expected, at least for now.
Not true, click on my name and read my very first post, and any of my posts there after about PRED, unless you failed to register the sarcasm, I've basically been a future teller of what is to come of PRED, spot on haven't been wrong once. Would you like to know what comes next? It is not good for share holders I can tell you that.
What could possibly be in the next Q that is positive? I wonder if we will still hear about up listing to NASDAQ in the forward looking statements this Q, wouldn't that be a knee slapper? "We've just been demoted to the grey sheets and can't find a MM to broker our shares but we are committed to fulfilling all the requirements for NASDAQ." This is as dead of a horse as a dead horse can get and may be the absolute worst Q of all time for any company, in fact I bet Enron's last Q was more optimistic then what we are about to witness.
Yah, PRED is a value stock. Some of the things being thrown around are utterly ridiculous. PRED has been printing shares to keep the doors open for quite some time. After everything that has transpired who in their right mind would take shares of PRED as a form of payment going forward? Add in the share price, printing 15 million $ worth of shares at 1$ a share is 15 million shares, printing 15 million $ worth of shares at .10c a share is 150 million shares. Simple math, the days ahead are very dark, IMHO this is the nail in the inevitable PRED coffin.
Assurance test wasn't looking very promising before the SEC confirmed it is definitely not happening. Why is this thing still being pumped? The gig is up and the sad reality is we are looking at pennies per share until the doors close for good, which in all my wisdom doesn't seem like very far away. As a wise man once said, "there is always someone willing to part a fool from his money". They got us, take it as a lesson learned, something you can teach your kids so they don't make the same mistake.
It is tough to tell who is genuine around these woods, I feel like most people know what's coming but if your unsure what happens next here is a good synopsis of what to expect:
https://otcmarketresearch.com/the-sec-just-suspended-my-stock-now-what/
NASDAQ is closer now than ever, I can almost smell it!
How soon do you think NASDAQ is going to happen? I figured by the end of the month.
This too shall pass, and when it does, super cheap shares for everyone! Guys this might be the best thing that ever happened to us longs, you thought buying in the .40s was cheap, wait till you see what is coming.
I've ventured down the rabbit hole on more than a few occasions, but your Ceteno rant is one of a kind my friend. If news alone popped this thing, what 300% from .44, imagine what execution will do? Risk is worth the reward IMO.
What a great day, never thought I'd be able to buy shares this cheap ever again! Here's to buying tomorrow in the 70's, ahh, you know what? Lets just skip the 70's and buy some more in the 60's. Chooooo chooooooooooooo, load up before the train takes off. Don't mind if I do.
Count my lucky stars, I can buy even cheaper than low .90s, man things are just going good these days!
Count my lucky stars, another opportunity to buy in the low 90's. Was kicking myself for not buying more when this thing hit 1.30, but man did I get lucky today, time to scoop them up.
Demand for these tests will be insatiable
https://www.yahoo.com/news/cdc-begins-blood-tests-undetected-004843923.html
I was wrong, longs were right, Peachman has been pretty spot on as of late. Looks like Amazon and Thermo are teaming up for tests. Could this help PRED?
https://finance.yahoo.com/news/exclusive-amazon-contact-coronavirus-test-110911269.html
See when you buy PRED and it drops 90%, then shoots up 100% from that bottom, you are still down, I dunno like 80%, simple math.
Interesting? Better word is obvious. When you see this garbage about PRED and the moon, and we are down %10 on the day, 50% on the year, and like 90% since June, should I be talking about "what a great time to be an investor in PRED?" Or should I be pissed off and negative? Same story with PRED, a bunch of hoopla that produces 0 revenue streams let alone profit, and those who shall not be named just keep saying buy more, just wait, our day is almost here, yet the day never comes. If your first time purchasing was when this was at .44, then by all means go on about how great PRED is, but if you bought in June, your are either negative or don't like money.
PRED should change the slogan on their website from "Science for everybody" to "Hurry up and wait". Same ole story with these jabrones.
Well we tried, better luck next time.