For the last 10 years, while JNJ was trading in a very narrow range and considered a DEAD stock, NONE of the pumpers came to the message board to post. Now that JNJ has had a run from the mind-60's to over 90, they are BACK!!!! Pumping every worthless investment that is out there... I can't help myself.... This is just HILARIOUS....
Sorry about the neurodegeneration post. Figured there may be some interest here as JNJ had previously been in talks with PRAN before making the sorry decision to support Bapineuzumab. About the same time PFE went with Medivation's Dimebon. That left little Prana hung out to dry in the middle of the global financial crisis. PRAN survived, while Bapi and Dimebon both crashed and burned along with a truckload of the pharmas development cash. 4 years was wasted. I would not be laughing.
Pran has 2 trials almost complete. The Huntington's trial is complete and results expected in October. The Alzheimer's trial, to confirm positive 2008 results out to 1 year, complete in December.
This is a $10b plus unmet need. Success in either of these trials may have them speaking again to JNJ among others.
I started posting here from time to time when the PRAN stock was about $1.40. I posted here the other day when the price was 2.60. It is now 3.40. Good Alzheimer's trial results will see the chart go vertical.
Trials are funded past completion and everything rests on them. Don't care if anyone buys, or what happens to the price before results. Just posting for my own amusement. Good luck redistributing that wealth.