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Bullboard - Stock Discussion Forum Pharmadrug Inc C.PHRX

Alternate Symbol(s):  LMLLF

PharmaDrug Inc. is a Canada-based specialty pharmaceutical company. The Company is focused on the research, development and commercialization of controlled-substances and natural medicines, such as psychedelics and previously approved drugs. The Company’s subsidiary, Sairiyo Therapeutics (Sairiyo), is a biotech company that specializes in researching and reformulating established natural... see more

CSE:PHRX - Post Discussion

Pharmadrug Inc > This is seriously done
View:
Post by Lowfloatmining1 on Dec 22, 2020 3:03pm

This is seriously done

Let me explain how this works. You see the millions of shares that were bought at .0675-.08 they will now be flipped and massive walls will be created. Problem is investors or should I say gamblers since we are dealing with a penny stock have no lost confidence in this garbage company. Meaning no one is buying. These shares being bought up are shorts covering. 

Now that the hype is gone and no true buying is happening the stock will continue its downtrend. 

Every "long" is now a bag holder who will never see their money because chances are dilution is coming. A nice reverse split to give you "longs" the middle finger for holding. 

I would say good luck but even luck won't help you here. Seen this way too many times. Seriously these penny stocks are nothing more than a gamble and 99.9% of the time are used to pay these useless ceos and "advisors" 

garbage.

Comment by InvestABCs on Dec 22, 2020 3:05pm
VERY true and well written in most cases....but in a great many cases, you are incorrect and you are painting the industry with one brush.... There is also an angle called BUSINESS, and they usually start from the ground.  Takes time to build and this could be ones of them, or maybe not, but your statements are too stereotypically and your presence is too regular. so net net you have no cred ...more  
Comment by Lowfloatmining1 on Dec 22, 2020 3:10pm
Let me remind you this has a 200m float and it's at .07 expert more dilution because that is how these penny stocks "make money"  Pumps and dumps followed by an offering.      
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