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Euripides90

04/09/13 1:59 PM

#63524 RE: Eric1987 #63501

Tanked the first time (March 21st) b/c of massive dilution at the same time, and the second time last week, b/c of MM manipulation, some big "whales" dumping (insider knowledge or just trying to drive it down to re-buy cheap?), investor uncertainty from before AND significantly, picking what must've been the lousiest possible choice as a pumper, stockrunway.com, which advised everyone to DUMP the stock if it fell below .005, to only hang on if it raced up to .008 -- became a self-fulfilling prophecy with everything else going on.

The company has undermined itself AND stockholders with each "good news" report.

Apparently the dilution helps finance the company, and its major investor, Southridge, benefited from getting cheap shares.

At this point there is of course lingering uncertainty, but there is a lot of buying, suggesting PPL R loading up for a run. Loading up cheaper than anyone but the shorters would like, but looks like loading. With the MM's trying to reign in the price still.
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T_T23

04/10/13 1:34 AM

#63699 RE: Eric1987 #63501

It wasn't good news....effectively the PR says that the IND is on clinical hold till Q3 or even longer and Koos didn't ever mention this in the PR.......hence I got out.