"Buying continues today with another close up 50% today.... "
I assume that's a prediction? If so, I should point out that the use of the word "another" is somewhat misleading as yesterday's close showed an increase of just less then 30%, hot on the heels of a day where the close was down more than that in absolute terms.
In fact, a cursory examination of SPPH's track record since the beginning of the year shows that days when it finishes down are much more common than those where it shows an increase.
That's why the price per share has fallen so precipitously recently.
The great thing is you don't need charts or quantitative analysis to tell you why, or indeed to predict the long term future for SPPH.
Spencer Pharma is a pure scam set up by folk with a history of pure scams.
One of SPPH's Directors heads up a penny stock scam promotion company - ItsAllBull (IAB) Media- another rents out his now long ago halfway respectable research credentials and PhD to any biotech scam that will cut him in the scam action (like AFLB, BISU, PKTX and HZHI to name just a few) and another is Amyot's partner in such transparent alt.energy scams as EGOC and RMGX.
Their monolithic sustained rlease "technology" is virtually worthless, (promising animal results are a sine qua non for any drug delivery system, and none of the results they have been touting to Dianne as "exciting" can be anything other than mundane) and the company that is supposed to buying them out is a shell constructed by Amyot and Albi for the sole purpose of steaing your money.
It's not rocket science, but it is a criminal conspiracy by Arella, Amyot, Morrice, Di Fruscia and Albi and others of their associates. Simple really.
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