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Bullboard - Stock Discussion Forum PharmaGap Inc V.GAP

TSXV:GAP - Post Discussion

PharmaGap Inc > Gap in a big pickel
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Post by Rocketred500 on Aug 17, 2010 5:39pm

Gap in a big pickel

18 cent pp no way its going too happen with stock at .15

you can bet pp gets lowered as pp = more dilution and gap even with this pp will not be in trials
Comment by ironman64 on Aug 17, 2010 6:14pm
Dont forget how low there bank account is getting.Im sure i read that they have new people on staff lol.Hope they do good and i realy wish good luck to those that are holding.I had my shares for way to long and bought and sold on the downs and ups but this news made me sell all of them.When they do drop i might get back in at .7 or .8 then if they make some bad moves the loss wont hurt as bad.
Comment by SchiffKnowsBest on Aug 17, 2010 10:07pm
Hey everyone,If this financing needs to be done, then it's best if it's done all at once, rather than little bits here and there, and the uncertainty that it produces.  In terms of what the money is going towards, whether it could have been done in debt, the burn rate, etc, all of that is another story.The issue that is rearing it's head is that management might have overestimated ...more  
Comment by Bumblebead on Aug 17, 2010 11:13pm
This post has been removed in accordance with Community Policy
Comment by peter24 on Aug 18, 2010 8:00am
The best  the small investors can do is to follow the management. Buy it at a lower price (lower than PP)  and sell it a at lower price too (lower than the warrants). For example, now buy it at 0.15 or lower, and sell it at 0.20's. Only this way you can beat the market maker.  I bought some at 30s and at that time I trust the market maker and believe the drag. When the price ...more  
Comment by Rugger1 on Aug 18, 2010 9:54am
It did seem to surprise many this PP was done so quickly and in such a short timeframe.  Also I do belive IR was not in the loop on this.  Strange strategy if true since IR job is to help bring in investors and keep shareholders and answer their questions.  Someone had to want a good chunk of these shares and were not part of the warrants at 20 cents is one positive way of thinking. ...more  
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