Replies to post #109479 on PharmaCyte Biotech Inc (PMCB)

[DragonBear]

Bonafide IND-where?

Where is the announcement by Kenny it has been submitted? GL in getting him to announce it.

Where is the announcement it was approved by the FDA (e.g. no hold after 30 days)?

A PR pump doesn't equal a "Bonafide IND".

you also said PPS could not move with 1.3 billion shares outstanding

And I'll still say it. The context were all of the predictions in posts about it going to $0.50...$1...$3.

Currently one probably has 3rd party penny sites, along with traders, their screeners picking up on the PPS movement from 0.03n to 0.05n, and with volume. So what happens when new retail coming in finishes their buying? When traders decide a +0.02 is good enough? Let's not forget there's the dumpee in the background dumping their discounted shares. At a given point volume will drop. The traders will exit. The dumpee will go searching for any volume left at lower prices. There will be no retail left with the appetite to help push the 1.3B shares up the hill, and keep it there.

It's entirely up to retail to support this Microcrap stock. Traders will make money on this run. The dumpee in the background is making much more, than their previous 600%. The so called "investors" will have to cover the profit taking selling. Else the PPS will start to go back down.