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Bullboard - Stock Discussion Forum ProMIS Neurosciences Inc PMN

ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational... see more

NDAQ:PMN - Post Discussion

ProMIS Neurosciences Inc > 10 0000 shares traded today (total)
View:
Post by Speyeder999 on Feb 07, 2022 6:52pm

10 0000 shares traded today (total)

435M shares outstanding and 10 000 shares traded today for roughly 1 000$ US.

Does this make any sense to anyone?
Comment by azzymaa on Feb 07, 2022 10:49pm
My opinion only so take with a grain of salt if you want; sp is stable at 0.13 cad there is a reverse split coming, most likely 60 to 1 which means we will be left with just over 7 million shares outstanding pmn is still in phase 1 for pmn310 and no clinical trials as of yet no covid serology test as the pandemic is essentially over my question is what is next for promis? are we waiting for ...more  
Comment by BottomBroker on Feb 08, 2022 9:12am
PMN is not in Phase I for PMN310. So no, we're not waiting for PMN310 to "magically start working", because it's not even in Phase I.  And it's not set in stone that the reservse split will be 60-1...they gave a range and everyone just latched on to 60-1 like it was fact.  There's a pretty clear timetable now, most importantly that PMN310 WILL start Phase I ...more  
Comment by DavidKingCanada on Feb 08, 2022 9:59am
Bottombroker is right, PMN is a long term play. 1-3 Years from now. 
Comment by azzymaa on Feb 08, 2022 10:11am
I don't mind waiting 5 Years like I said I don't have that much invested. Roughly $5000 CAD. Bottombroker thanks for the information but I do believe the split will be 60 to 1.  meaning to break even from now to post Nasdaw listing we will need to be at aboe $10.00. I don't justify the ceo making half a million when cashman is making 1/5 that. 
Comment by M101 on Feb 08, 2022 12:56pm
So 5 years is ok now, after proclaiming 10 days ago " I am out Monday morning at any fricken cost. Bunch of wsb retardz here lol" Welcome back to to the retardz!  
Comment by azzymaa on Feb 08, 2022 1:34pm
Lol, well like I said with any penny stock I don't invest all my money like some of you tardz so might as well stick around and hope for the best!
Comment by FarmerBetty on Feb 08, 2022 11:29pm
I think Promis is being investigated, Eugene and Ellliot maybe for all there?
Comment by azzymaa on Feb 09, 2022 10:46am
What are you trying to say? 
Comment by Speyeder999 on Feb 08, 2022 12:59pm
Azzyma,  I'm thinking the post consolidation price should be more in the range of 15$, which is inline with many of Promis's peers when they hit the Nasdaq. At current price, that would entail a substantial increase in sp (0.25$ at a ratio of 60:1 giving a float of +/-7.5M or 0.50$ at ratio 30:1 giving a float of 15M)  I'm thinking a minimum of 15million would make more ...more  
Comment by azzymaa on Feb 08, 2022 1:35pm
Speyeder, my thoughts exactly. another pp would not be off the books. interesting year to say the least
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