Replies to post #95916 on PharmaCyte Biotech Inc (PMCB)

[fraum]

Flawed logic as the flip side and also be said. No one is willing to buy at three and a half cents meaning no one thinks IND will be submitted soon. The volume is low because investors have abandoned this stock after a decade of misinformation and lies. All the talks of partners, all the talks of buyouts, all the talks of imminent trials have all been untrue. Low volume and a dropping share price are the signs of a dead company not one on the verge of a breakthrough. The reason the majority of people aren't selling is the ones who have the most shares got them for free or basically free at giant discounts. They are holding their free lottery tickets while longs pay premiums and lose money doing so.

[ace1234]

Majority of shareholders are KW and friends... or am I wrong?

[DragonBear]

The other statistic is that only 530,000 shares were bought and sold yesterday.

The same could be said of this time period

06/06/2019 0.0387 572,438
06/05/2019 0.039 288,237
06/04/2019 0.0388 374,801

and then it went back up in volume.

06/12/2019 0.038476 1,351,499
06/11/2019 0.0389 1,081,949
06/10/2019 0.0395 1,215,034
06/07/2019 0.03905 1,391,914

Which means the majority of people arent selling.

And neither are they buying more. Most likely retail exhaustion from buying at 0.04 to ave down.

Which means the majority of shareholders believe they are about to submit ind.

Which means those SHs who averaged down from 0.10 in the last two yrs have no choice, but to wait.