Palatin Technologies Inc. (PTN)

[RFB]

Just calling it how I see it. Distribution and Accumulation has been all over the place and very indicative of a P&D campaign....the difference here is it is a campaign, or simply a long execution timeline...this is not your typical penny one or two day operation. The Accumulation is still hanging just above all time lows. The security should reflect ALL variables, and not just momentum. While I realize Accum/Dist is not the tell all, it is very indicative of where a security is headed and of late, it is solidly headed south and has been for a while. The past few days it is all over the place...Bottomline, there are a ton more shares in the float and the security is extremely bloated...eventually the PPS will reflect this....sooner or later..