Generex Biotechnology Corp. (fka GNBTQ)

[RoswellChamp]

I think the PPS may climb higher next week. The move on Wednesday took out several previous resistance points in the .04-.0425 level. I am somewhat surprised there has been no follow through yet today, but it is a Friday and the selling this morning has been quite contained. There is a lot of other news buffeted this market around as well.

Despite the fact that investors have sort of been conditioned to sell every positive announcement from Generex in the past several years, the news Wednesday was a bit different. It was not the standard cheerleading of a press release but a formal SEC filing. Of course, neither Generex or investors can predict the future, I think we can safely assume that the contents of the SEC filing are accurate and truthful as of this point in time.

To me, that SEC filing would justify a somewhat better PPS.