Every day I see posts on Alzheimer's research. That's DD. But yes, it's good to have DD, I just don't think institutional investment is THE key issue for developmental biotechs. The science is. Which is why all these science posts on Alzheimer's are a form of due diligence. There's also lots of fluff -- like all boards.
But to your comment about "pumpers." In my world, "pumpers" are people who say anything to get the price to rise because they want to DUMP the stock and pocket the profit. They are in for short-term gains. They are not longs. There are plenty of such creatures on this board, and they regularly say moronic things like "It's going to 6 soon!" The only individuals who pay attention to them are the panicky types who should not be investing.
is beyond me.
because? Because you don't know anything about Prana, and therefore worry about the declining price instead of thinking about the promise? All developmental biotechs are risky investments. Some are riskier than others. Some are better bets than others -- like this one. If you can't accept the risk, get out.
Oh, Frank, I'd panic like an idiot, run around like a chicken with its head cut off, and accidentally put in a sell order at $10, then shoot myself when I see what I did. There -- is that what you want to hear?
I believe high speed traders routinely make lots of 100 share purchases to test the "ask" side and bid smarter.
Out of ignorance, but could some of the problem have to do with precision (or lack thereof) of amyloid measurement?
Go to the PRAN website. It is a bit tiresome for someone who purports to be interested in Prana to not know basic information about it, its drug PBT2, the status of trials, and so on.
Is there some major drug that will be approved? You're asking that question? A bit embarrassing, isn't it, to not know?
Look into how they have managed to survive all these years. Then you have the answer. Unlike some developmental biotechs, like Incyte, which paid their CEOs outrageous amounts before any evidence of success, Prana is a lean operation -- an excellent example, incidentally, of academia-business collaboration.
Nothing is a foregone conclusion. the confounding placebo result is an example of that. It's better to be cautiously optimistic than wildly optimistic.
I've noticed that sane people don't give themselves names like "Treblinka," "Mengele," or "Little Pol Pot." Time to put you on ignore, you Holocaust denier.
Aw, how sweet to have such memories of the tall virile SS guards at the Na*zi concentration camp. And your family -- such princes to supply fresh produce to the blond Aryans! One question: how could they have such memories of the tall virile SS guards if they were so blind as not to see the starving inmates? Were they deaf too -- did they not hear about the gas chambers? WEre they deaf AND blind? Did you inherit these disabilities?
. . and this on top of the 100% it has appreciated already for me. I'm not greedy.
You sound like the guy who puts a gun to his head and says "I know there is a bullet in there. I know there is a bullet in there. Hmm. I think I'll fire the gun to see . . ."