My article did not cause 7M shares of trading I was told by a big boy friend of the street. Rather my article was a "nod" if you will to the big boys on Wall Street that time is now. He said; "Dummy retail will start to know the truth". Many big buys went through over the past two days (not retail). These are holders now.
As I mentioned before I have a few contacts on Wall Street. Just last week I was told "the street" always knows first and as of then "the street" was waiting.
Last night I confirmed my article has been sent out to some aggressive hedge funds. What they do with the "nod" next week we will see. I was told it will start the real buying.
1.40 1.50 1.80 a joke as we true longs know, we need this to cross 2.90/share 500M market cap then we get CNBC coverage. This I was assured and then the stock will start to run to real value.
So now as investors we watch what happens over the next few weeks, hopefully Peregrine give us some update!
The next Seeking Alpha article will help also imo.
I appreciate your candide response. I would consider the pp story as the boy that cried wolf in a way. We don't know when the next run up is the real deal. 16 years is a very long time for an investor not to become numb. More power to you and all the longs that still believe. Taking all this into consideration however, one must see it from the outside as well. The game is still going on which is a miracle in its own right. Most small bio's don't hang on nearly this long ....that in itself speaks volume. The picture I see is that the ball is moving closer to the goal line and a score is probable. Again, Garnick was very clear of "killing" a trial that failed to show promise in very early stages of trials. I believe that he has a good idea as to how things are shaping up and time is ticking in our favor. Obviously I could be wrong but at these levels the stock shows a great risk reward return. I'm long and haven't sold into any run ...unfortunelty but I've added along the way and will be rewarded handsomely if correct.
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