PharmaCyte Biotech Inc (PMCB)

[oldmusky]

Tulla, this is the only penny stock I own I am not a penny pro. I have heard a lot of ten dollar excuses as to why the stock is down and why they have sold all those shares so quickly, My favorite is that this is somehow preparing for a buyout. I don't think so, not now.

I am old school, so when a stock goes from over fifty cents to a penny, I don't see anything good there.

When the CEO constantly misleads the shareholders, or keeps them in the dark and this goes on for years, I don't see anything good there.

I think one of three things is going on here:

1. It is a scam pure and simple. Pump and Dump and hump the shareholders.

2. The technology does not accomplish what they say it does and they are just milking it at the end of their careers as long as they can.

3. The tech is good, but the executives are in over their heads (kind wording on my part) and are completely clueless on what to do next.

Either way, a penny is a penny is a penny and there is no way around that. It cannot be explained away as a positive.