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Re: Pharaoh-1 post# 2332

Wednesday, 06/29/2016 3:44:00 PM

Wednesday, June 29, 2016 3:44:00 PM

Post# of 5959
when they came out with the 1q report there was an article in print entitled "The Race To Zero" about PTX...we fell like a rock from over 1.00 to in the .40's as you know...these guys must raise revenues...they still had 10mil to draw down on their line of credit..which was initially 50mil I think....if the 2nd qtr doesnt show good results i can imagine another trimming...as i said, the selling this week may be some institutions getting out before the start of their own 3rd qtr....debt has to be serviced in one form or another...but somebody has to pay

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