First time in about a year that a big move was not followed in the same week by a selloff bringing pps lower than before the pop. There has never been a problem with the science here, just the stock price action. This stock takes the patience of Job, but if you have time and some risk tolerance the potential rewards are still great imo. gltal
Sentiment: Strong Buy
This is very encouraging but it is pre-clinical so who knows if it will advance to human trials but could be an indicator of what may come down the line. The Tactimel trial could yield some really amazing results. That is where IMP321 will be combined with Keytruda.
you are right! Today's dismal PPS and volume supports your comments. I traded PBMD last year. Bought in at $1.28 and waited 6 months to sell at $1.35 during Dec pop. I will never trade this stock again. Purchase AVEO instead.
21 April 2016
ASX Compliance Pty Ltd
20 Bridge Street
Sydney NSW 2000
Prima BioMed Ltd – ASX Price Query Response
I refer to your letter dated 21 April 2016 in relation to the ASX price query. Prima BioMed Limited (NASDAQ: PBMD) provides the following responses to the questions in your letter.
1. Question. Is the Entity aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?
Response. No, Prima BioMed is not aware of any such information.
2. Question. If the answer to question 1 is "yes":
Response. Not applicable.
3. Question. If the answer to question 1 is "no", is there any other explanation that the Entity may have for the recent trading in its securities?
Response. Prima BioMed is aware that it has recently been the subject of a favourable research report by Maxim Group, available on the Prima BioMed website.
4. Question. Please confirm that the Entity is in compliance with the Listing Rules and, in particular, Listing Rule 3.1.
Response. Prima BioMed is compliant with the Listing Rules, including Listing Rule 3.1
This is a PUMP and DUMP stock.. take a look on historical prices: somebody spread the rumor stock will go up on news... those pumpers take a position below 0.8.. or around... then they start pumping the stock and all of innocent listeners go and buy on the frenzy...while those pumpers positioned on $0.8 are selling with a profit of 250% and more.... and then, the bag holders are left with loses. Today I sold with 500 on the table with my 7K at 1.1783....Why I sold? checking on historial prices, round is repeating again and again. Dec 3.2015... 20 millions shares at day.. low 1,08.. high 1.54, 2 days later again $1.10.. in average trading volume.
January 4, 3.664.00 shares, $1.08.. high 1.27... fallowing 4 days again to 1.10..... So, please don't be waiting to recover loses, because it will take weeks. I sold with a loss and I recovered 445, from the 500 loses.. today. Sorry to come with this late analysis..
again and again and again and again and again and again and again and again and again and again and again and again