Pretty soon all you shorts, like stocksarerigged and djcalvin and other big mouths, will be running each other over heading to the exit trying to close out your positions. Funny you seem to think longs are your enemy but in reality you shorts are each other's enemy. That's because when you begin to close out your positions this thing will snowball as each of you fight to get out ahead of the others, thus all the while causing the SP to increase further. AND, at the same time, longs will be buying more as they are trying to time the bottom. AND, other new longs will join in. It will be beautiful to watch! Mark this post.
I take the contrarian view. All the potential shorts are already in this stock. So a bottom is soon here.
This stock had a lot of day traders the past week trying to take advantage of its volatility. But the volume drops every day as the day traders depart, leaving mostly people who believe in this company. That's when this stock will bottom. Also at that time shorts will close their positions to lock in their profits and this stock will bounce back up. And much of the buying will be from investors who believe in the long term value of this company based upon fundamentals. Those investors are not as likely to sell their positions and thus this stock will stabilize and, at that point, start moving based upon potential future earnings. That's when we see this stock testing $6 again.
You only see half the picture. It was also above $6. What about that technical fact? At one time Apple was $10. You short Apple?
assuming something like each patient paying about $1000 each for CVac (just the drug, not counting overall health care expenses) that comes to about $20 million a year. It's nice income for PBMD but is that enuf to make that much difference? The market cap has moved to about $150 million. I'm trying to think why $20 million per year should move the market cap much higher.
Great results. Everyone's excited. But where does PBMD go from here? The company can't make money unless they either produce, market and sell a product OR make a deal with another company to sell their product. Or will a big pharmacy buy them out? Has PBMD given any clues as to their plans?
Dude, isn't this joke getting old? Jokes are only funny the first time. You must be the class clown because you don't seem very smart.
Let this stock, PBMD, be a good example to everyone why you don't want to sell too soon. Those who sold yesterday or this morning missed out on another triple. Sometimes it takes a while for great news to filter in and for everyone to recognize a good thing.
of PBMD will attract new investors/traders into other biotech stocks with potential, like ADXS? PBMD tripled yesterday and is up another 68% today so far. I think this might bring in more investors.
We know that about $50 million of this was used to issue new shares for company funding. But any guesses what the remainder will be used for? And how long do they have to use it? Is this secret information? This is a public company, so is some disclosure/transparency ok or do they have to keep it a secret?
What's the deal with this guy calling himself buyacrxinstead? ACRX has lost two thirds of its value the last 2months. Is this guy really stupid enuf to think acrx is a good investment? Why does yahoo message boards attract such fools?
If memory serves me right, a few months ago when ADXS was about $12, a company or two targeted them at about $18. Look how quickly ADXS blasted thru that target. All it takes is some good results news and this stock can blast thru those targets.