Pharmather Holdings Ltd C.PHRM

Back on track.. (Stop loss selling over)

[Guytorule]

Rebound now regains the buying side, and we will see share price back to its .30 cent level. News to come out soon with regards to their response to FDA minor deficiencies and a possible new FDA goal date to its approval. It's a buying opportunity in my opinion. Took advance of the recent lows at .19 cent range for sure,  and averaged down slowly. Now more confident of its approval and will look back with great confidence and satisfaction that my move was the right move to definitely average down on this multi bagger return. Hope many did as well..Good Luck!!!

[Sailormark]

Where do you will think the share price will go upon an approval? $1.00?  $2-3-4-5 plus? 

[Itistoo]

With FDA approval alone I think it would be in the 60 - 80 cent range. Needs some serious follow up news on contracts and revenue to even think about dollars.  Don't forget they are getting very low on cash and without revenue will have to do an offering soon.

[Sailormark]

I do think an FDA  approval will create a lot of volume and the traders will drive it to $1.00 plus very fast. 

[Guytorule]

Fully Agree Sailor,...Catalyst will be "FDA Approval" and see massive trading volume with share price close to than $ plus range and shortly later followed up with partnership/agreements. Then, over months do see over $2 plus dollars with revenue model forecasts.. Multi-bagger for sure, only if they acquire FDA approval, and/or barring any unforeseeable events. this is a HOLD and