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realist1

05/28/09 2:03 PM

#36840 RE: Notuncoolish #36820

RE "You being a realist are probably rethinking your position"

Here's what I'm thinking....
I'm asking myself what is moving this stock, because in my opinion, it is NOT the Cotara news. So is it a very strange coincidence, or a smokescreen? The two more important things are: Russell at tomorrows close, and PPHM needs $1 for it, and ASCO Monday with (who knows how much) Bavi-cancer-Georgia data. It's difficult to believe that someone is making a $20+ million bet on getting PPHM into the Russell so they can profit when funds have to buy it later (for more) because it makes the Russell. I also hold little faith in PPHM making a deal (for real actual money) in the next week or so that justifies this run. So, what is the reason for the move? Powerful technical setup prior to a potentially big event next week?
If PPHM doesn't show some big money soon (to keep this run going) or the ASCO data isn't any more impressive that all the data we've already seen, and/or it doesn't close at $1+ tomorrow, I suspect this run will die as quickly as it came.

One thing is certain, PPHM is getting noticed by the market today. The question is will it be for good (partner deal on phase 2 data) or ill(manipulative Russell games, or pump and dump or whatever)? We all know PPHM can't afford any more bad reputation with their stock still in risk of reverse split and going concern financial issues.

Time will tell, should be interesting. All my opinion of course.