Replies to post #95921 on PharmaCyte Biotech Inc (PMCB)

[ace1234]

Thats my point. Its like a sinking ship now. They can't even attract new investors.

[efood125]

Agree...but some longs are still buying...I have bought recently...but for the most part the stock is just being held onto right now...

[DragonBear]

Nobody will be buying until material events are PUBLICIZED in a big way

That's the key for any Microcrap scam. Competing with other scams for retail investors/traders.

Until any of these happen and lots of dollars are spent to publicize them, there won’t be any buying

The going rate for a 3rd party promo is around $30K. Certainly Kenny cranking out videos, and pictures on the cheap isn't going to do it.

An "event" such as the mythical IND making it in is meaningless - but it still can be pumped by Kenny out the kazoo. Retail "investors" in the OTC market don't know the difference.

There are however 2 problems even if Kenny spent some serious coin to pump the stock:

1. The O/S at 1.2B+ won't be easy to move. It would take a mega infusion of new retail.

2. Any spike would be temporary, and meet huge selling pressure. Insiders will unload into any bids. Followed by the Shelf offering dumping big. Taking out most of the bids. Third in line would be retail fighting over the leftover bids. Traders selling to complete their trade. The PPS slowly fading from there.