several points to ponder. the preferred deal last year that caused the shorters to short to a buck was a deal i was very involved in.
in the sense that i was aware of it from start to finish. now the bad part was the shorting down to a buck. the good part was prln got 5 million in cash at a time when they had no money.
its easy for folks to write and criticize, but, let them meent a payroll some time.now they did stop the deal form continuing and in trwo days friends of the company bought 12 million shares. yes, 12 million shares and we turned from a buck to 2.50 in two days .. the shorters had to cover and it ended.
today, the stock is in friendly hands.
several other pooints.. of course you all know i am bullish on prln..so with that in mind..
no one buys prln in anticipation of a conference in anticipation of selling into the news. not with this kind of a company.its not a flier or one with a big following. i mean, who would care about prln?
we are seeing a classical buying in by money folks. next week if we see threeor better the games begin again., not saying we will, i gave uip picking stock prices a long time ago. i only read tapes and volume and price swings.
by the way, at a buck i bought lots of prln.. lots.. now i also paid 6 bucks and 5 and 4 and 3 and two
for me, once we see three i am happy again with prln.
over three and i get interested. remmeber, over five and robin gets dinner for two with all the trimmings compliments of paul goldstein
last thouhgt.. its about four months till we ship product. i count the time and as we get closer, the stock will reflect this fact.
also, this march produts is for aids. it works.. now, not saying its a silver bullet, but,... i am saying once folks who are interested in aids see it, buy it, go to their doctor for advice..well, i can't say more, not because of inside info, but by conversation from sources,.. we are not going to produce a product for aids if we did not think it works.
don't ask me why the government and the world has not picked up on this..that i leave for the bio tech foks to reply.
so, i really think we are going to start moving foward. also, read notes again from richard..it is a bio tech company and its still a gamble.
me? i accept this risk.. |
