June 24, 2015- Today, the Martian government announced that it was awarding PSTI a patent for the treatment of all illnesses sustained by Martians. PSTI is expected to build a new state-of-the-art 3D facility on Martian surface.
PSTI officer Zami Aberman stated " This is a key step in our progress. We expect to have our clinical trials completed by 2019, and have our product marketed to the Martian creatures by 2025. We expect to get fast track approval from the MDA (Martian Drug Administration) as an important milestone in our development. "
Next Friday, June 26, is the last day to buy RSG and capture the dividend. When they declare their next dividend, we may see a slight increase. Historically, July has been the month that they've announced increases.
You can actually make some term short-term bucks by trading the ex-dividend cycle, For the first 45 days or so after the stock goes ex-dividend, the stock slumps to sub-25. As we get closer to the next ex-dividend we'll see plus 27+.
Thanks, Bill. I recall during the summer of 2013, large purchases by Cascade was an almost daily occurrence. For the time being, I'm just hoping we get an announcement that RSG is raising its dividend. July has historically been the month that RSG does that.
15,000 shares in 40 mins doesn't seem like a lot. I'm glad we're having an up day, but why do you think it's institutional buying?
Yes, whether we characterize this latest development as a loan or grant, it's clear that the Israeli government continues to financially support PSTI. I believe they had made a similar investment in PSTI last year. That's a good sign, I have to assume that the government has had close contact with PSTI's mgmt. is closely informed as to PSTI's progress and plans.
Hi mdplanet! I'm bullish on PSTI, but I'm not making excuses. Right now, PSTI is worth $2.75 per share, because that's what the market says it's worth.
Incidentally, I regularly upvote your posts even though you're negative. I learn more from people who present contrarian points of view. I hope you continue to post here.
Yeah, based upon empirical data, we'll probably open +2%, then close unchanged or down a couple pennies.
This whole "controller" theory is a lot of nonsense. If someone is buying millions of shares and then dumping them, you would see an initial spike in volume and pps while the shares are being bought. That's not been happening.
And what are you going to say when nothing happens on June 1? Unfortunately, I've seen this episode before. You like to stir up this message board and get us excited about some imminent, blockbuster announcement. Then, when nothing happens, you act like you've never said anything.
I hope you're right, but I think you're reading too much into it. I don't see anything in the tweet that leads me to believe that something big will happen June 1.
Ncie article, but I didn't see anything new. It appears to be a rehash of the May 19 news.
We just can't seem to light a fire under this stock. With today's sharp decline, we're now trading below the 39.96 price when earnings were announced. I figured it was just a matter of time before we went up about 10%.
I'm not going to hold my breath expecting any new information to be released tomorrow. My point was that neither the TASE presentation nor the newsletter caused much of a stir with TASE investors.
That doesn't make any sense to me. If conditional approval is expected in a few months, I would think that mgmt. would want to emphasize that fact in its newsletter.
The stock dropped from 2.88 to 2.85 in the last minute. That's disappointing, but the real test is tomorrow . For my bullish prediction to come true, I'm counting on today's rally to sustain itself the next 2 days. I'm hoping/expecting that we'll be $3+ when PSTI presents at the TASE on Monday. They don't have to make any earth-shattering announcements. It would be a big help if they just summarize all the progress they've made with their numerous projects.