Sunday, April 15, 2018 5:11:02 PM
I also have seen this pattern not just with this stock or the hip.v stock. I am stuck with a stock called PZOO. high hopes, but they dilute all the time. Hopes get up there but the company always does SOMETHING to sabotage the share price. So I have over 9 Million shares at a stock price of 0.0003 - 0.0002 that look be going nowhere anytime soon. Which IRKS me to no end because I was hoping to use the rise of that stock to fund more shares of this one, but it looks like it will happen too late at these low prices. They too are waiting for news of the Lab Inspections to have passed but they are also dumping 40 BILLION (Yes Billion with a B!) shares onto the market soon. So yeah, I've seen this a few times and I hope I am wrong about both of these stock for the obvious reason that I want to make $$ ASAP. But I am doomed to frustration and reality.
I hope there is a TON of Media present for this conference, that will mean a more likely writeup on OBMP, so my fingers are crossed, but I am trying to keep my dreams of getting out of debt and living a VERY comfortable life and future when my health starts to fail and I will need to afford healthcare that our Govt. DOESN'T provide, while paying the bills, feeding myself and all the other expenses of life in check with reality. Keeping my head out of "Dreamland" is tough especially with all the speculation swirling around here.
My prediction for OBMP in 1 month from this date (4/15/2018) is that we will be sitting at 0.0436 on 5/15/2018.
I also tend to notice that stocks always drag slowly DOWN in price until or unless there is good news or good press or a press release that is favorable to the company making demand for the stock rise. When there is no news, it slips and slips until the next release of info/news. I notice this because everyone wants to get as many shares at the lowest price possible so everyone bids a low price or what have you so they get their cake and can eat it too. Problem is too much of that and the price starts to slip. And thus the decline till news breaks then it rises. Then depending on how favorable the news is, the stock rises till the hype is done, the short sellers or profit-taking begins to happen and the stock falls. And will keep falling till the next release. A stock may hold the value for a bit of time, but it is just a matter of time before the "I want everything for nothing!" cake-eaters come out of the woodwork again and slowly erode the price per share again.
That said I DO believe that this stock will become VERY valuable and is worthy of a BUY reccomendation, and is a long-term HOLD.
Remember, we are not JUST dealing with Prostate cancer, we are working on breast cancer and others too. Proscavax is just the one that happens to be the furthest along in the trials. When the others catch up.... Then, I will be living the "DREAMLAND DREAM" :)
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