I am watching this for a while now, whenever any news come some big names come right on spot with skepticism and "IFs and BUTs", I don't know what is so special about this company but there are allot of (so called) financial analyst/groups out there pressing down on this company, I even heard that there was an espionage a while back when some one messed up the results by replacing drug vials.
the funny thing is that all this only proves that there is something very special going on in this company that rivals just don't have stomach to take it and will do any dirty tick in the book to keep this company down.
Well for pharma-illiterate people like myself this make me buy more of this stock at price I can afford.
I am buying it and planning to put it on shelf for a long long time. even a broken clock give your correct time twice a day :) (this one is a joke of course)
Sentiment: Strong Buy
this is good pick but before any real news it is just day trading, I'll sit and wait for a while and may be pick up some shares in a week or two.
usually it is a partial fill, you placed an order of 1000 share at .21 and if order does not have a AON it will keep filling orders as they available in that range for biggest chunks to whatever available.
Problem is management who start selling shares soon we hit $2.70-$2.80 mark, take out the momentum and people start taking the short term profit.
if you look at my history I am always buyer for this company and has a position since last year but it is time vs price, at this time price is not right so I am out.
HOUSTON - (April 16, 2013) - Neuroscientists at The University of Texas Health Science Center at Houston (UTHealth) have taken a major step in their efforts to help people with memory loss tied to brain disorders such as Alzheimer’s disease.
Using sea snail nerve cells, the scientists reversed memory loss by determining when the cells were primed for learning. The scientists were able to help the cells compensate for memory loss by retraining them through the use of optimized training schedules. Findings of this proof-of-principle study appear in the April 17 issue of The Journal of Neuroscience.
“Although much works remains to be done, we have demonstrated the feasibility of our new strategy to help overcome memory deficits,” said John “Jack” Byrne, Ph.D., the study’s senior author, as well as director of the W.M. Keck Center for the Neurobiology of Learning and Memory and chairman of the Department of Neurobiology and Anatomy at the UTHealth Medical School.
read full story at uthoustonDotEdu
this is the 3rd time we saw in last few months, SA article, stock goes up to $1.80, dump, and then we are back at $1.50 unless you are new to this stock.
institutional buying cannot be 341k shares in whole day, just day traders trying to make few bucks, don't want to be the party pooper here but unless we have a solid news, this will hover between $1.6 and $1.45.
the number of drugs in pipeline, any one hit in next one year will give me returns double the market avg. it is crazy not to take advantage of this price.
NO I am not a paid pumper.
just gone in red with big steep 2-3 dumps, this is classic pump and dump, again IMHO this would remain a $1.40-$1.50 for a while, we should wait for the real news.
Without news it is difficult to hold this price, we saw that 3 times in last few weeks that it goes up to $1.80ish and then come back at $1.5, classic pump and dump is going on, UNLESS we have a real news.
IMHO this is a long term stock and that "term" is on very early stage.
Even the cash in hand is double the price of stock, if not more, I already placed my buying order and waiting to see the bottom curve, may be on Friday????
Also companies like this make you rich on very little investment, if you not a rick take what the hack you are doing here?
I don't want to be the party pooper here but don't you think lowering the bar means more competition for PRANA? it is like opening the door for substandard (figure of speech) medicines, I would see it as negative point for companies who are actually doing a ground braking work vs letting any Tom, #$%$ and Harry chew the market share.
I know I am not careful in selection of words in above para but I guess you know what I mean?