That's not to say some "investors" can't get lucky and make a few bucks. I've seen this movie many times; I'm not a fan of musical chairs.
Had ppch not been spammed on JNJ's (I believe it was that stock) board 13 months ago, I'd have never heard of it.
A sukker is born frequently?
I can see the posts now..."why is this down?" LOL
spiral, do you understand that WFM sells BOTH conventional AND organic produce?
I shop at WFM because, IMO, their produce offerings are consistently more fresh and appealing (subjective) than the other food outlets that are in my area. Perhaps too bad for me, there isn't a TFM in my area.
In the REAL world, an analyst would wait until "information" is released at a conference and then perhaps make a call. IMO, very suspect that the ONE firm now covering ppch came out yesterday with the pie in the sky price target. Did amit have inside info or was she simply doing a favor for ppch for attending their unknown conference???
Google "propanc health group corp conference"
Click on second hit...scroll down to "Tue, Apr 07, 2015" and voila!
I agree with what you just posted; re your original post, I took it literally ("another upgrade")
IMO, an analyst price target is not really news, but it can motivate buyers. There hasn't been any concrete news of late. That's cool--perhaps tomorrow at the conference.
ppch is trading on expectations; will those expectations be met? Who knows. Certainly an opportunity to make some money (the converse is applicable as well).
Fun to watch.
Good luck to you as well!
I have to say that the employees at the two WFM stores I shop at appear to be very happy.
Who knows if they really are "happy", but I can say they are very friendly.
Wasn't it convenient that SeeThru came out with a "price target" the day before ppch is presenting at their "conference"???!!!
Trading fantasy stocks like ppch is akin to playing an adult version of musical chairs...it's all fun until the music stops playing!
"FBIOX payout is predominantly long-term cap gains, I think."
That is correct (almost!).
FBIOX hadn't paid any kind of distribution for some time until December 2011. ALL distributions beginning with 12/11 have either been short term or long term cap gains. Given that few biotechs pay a dividend, it makes sense that FBIOX hasn't had any income distributions.
Why have you been all over the place with your targets?
As far as experience, well I've been in the investment business for decades. I started with a penny stock firm, Stuart James Co. (Google it!!!) Stuart Graff and James Padgett had previously worked at Blinder Robinson (blind them and rob them!). This was pre internet days. Do I have stories to tell. Like many of its brokers, I was with S-J just a few months and I moved on to a reputable firm. Currently I work exclusively with institutional clients.
Why am I here? Over a year ago, ppch was "promoted" on multiple REAL COMPANIES' yahoo message boards. Call it Karma.
"what's not to like!!! another upgrade- stay long ..."
Care to share the name(s) of any other firm that "upgraded" ppch, let alone any other firm that covers this tiny market cap "company"?
I'm under the impression that besides SeeThru, there are NONE.
Care to share?
Let's not forget last May's PUMP; shares hit 47 cents.
Of course, there were a few LESS SHARES outstanding LOL!
"Where do you get 2.52? ThruEquity's target is 1.52."
She pulled it out of thin air! Her targets are all over the place; really assuring LOL.
several times on this board, YES! one can make (or lose) some money trading ppch.
Just do not confuse ppch being a real company.
P.S. Is it really possible to short a penny stock?
It is confusing what she has for a target.
Earlier in the day, she posted "target 2.52", but then she (after doing some research? LOL) she posted "one year target 25 -30 dollars"
So take your pick!
Love it when a pumper can't keep track of what they post.