Poniard Pharmaceuticals, Inc. (PARD)

[purefreewater]

24 million shares traded on Friday ......

that's like 10 to 20 times the DAILY volume ( pass the crash in mid November )

and the price went up ONLY 47 cents ? or 22% ?

yes, There was SOME short covering, but IMHO, there was a LOT of shorting on Friday also.

Many retail people bet on bad results over this weekend ....... and guess what ? They were ALL wrong !!! ... LOL

We still have at least 20% of the float shorted ... and at what price ?
Take alook at the chart !!!!!!!!!!! ... MOST of the short selling took place BELOW $2.80 !

Good luck to the Shorts .......... They will need it !!! ...... LOL

The Longs are just fine ........ while you enjoy the rise in the PPS DO take a look at the weekly chart !

The PPS closed OVER the 50 DMA on Friday and the FINAL resistance of $2.80 will be easily taken out on Monday !
after that, EVERYONE who is long (post mid Nov) will be "in the money" my friends,
and that means ...... holding, while the Shorts will be freaking out ....
and more news is coming on Feb. 8 & early March

enjoy & have fun ............ !!!!!!!!!