Replies to post #14839 on Grapefruit USA Inc (GPFT)

[dan1drew2]

What's the issue you are trying to raise ? What should the PPS be according to your perception ? Lastly, what should the PPS be when we get FDA approval ? TIA

[BamaStang]

I think you answered your own question...

You posted:

"The MMs, the money managers and the thousands of other professional traders on Wall Street are not stupid."

They are not stupid, if they can bring the price down as low as possible to gobble up more shares, why not? That way when the PPS is over $2 they sell and make a killing!

As you said the MMs etc... are NOT stupid!

GLTA!

Hopefully Good, no GREAT news coming soon!!

[GI Joe]

I would have to disagree. If they were all knowing then they would be fund managers.

Human nature is human nature and people want to think or believe the negative and not the positive.

I really am not concerned with the current share price. I am looking for the approval price and the price when the company is sold.

Some people to not think that the device will get approved so they are not investing and are waiting for a lower share price to get in.

If you are not in the stock now it would be a good thing to get it before you miss the opportunity.

[Moe_Wanchuk]

I think the price is about right. Last time Dean was so adamant about imminent approval the hype drove it up to $1.95. I think $1.95 is a top end estimate for post approval IMO.