RE:RE:RE:RE:RE:RE:RE:Spéculation at its finest Present shareholders have already been killed 20 cents says it all.As for the buying I've seen this all before with other companys in this dire situation.Hedge funds play by rules different than us.They play with $millions. So to buy PLI at 20 cents ,and sell tomorrow at say 23 cents they've made money.I can see the shareprice moving up a few cents in the near future,with everyone here shouting for joy,posting their usual pumping BS.But the facts speak blatantly loud.
They have massive debt..and are losing horrendous amounts of money everyday.So much so that they wont even be able to continue as a viable business shortly...that means they cannot broker any deal.They will be told what to do.
I dont critisize this company like a few idiots here.I bought into this company with full knowledge of the risks associated with a pharma company...too much can go wrong with this sector and know I was gambling.I blame nobody.The risk reward could have been tremendous.
But judgement day has arrived ..this company is finished as we know it today.
I will buy back into PLI when I see it back on its feet.It will happen as Prometic has a great product future .