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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

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Post by goldtech on Jul 31, 2024 1:33pm

Math Class

Selling at close to 9 dollars, 13 million shares and buying at 1.87 gives a very nice profit. M101 that's a free math lesson for you today. Follow the money and see where it ends up. Sphera bought Promis for nothing, yes nothing.
Comment by M101 on Jul 31, 2024 1:45pm
I'm not seing your 13m shares short sold at $9 but I'm sure that's just me and my decrepit grasp of math, not the stock chart. 
Comment by goldtech on Jul 31, 2024 1:59pm
Selling over 13 million shares at over 8 dollars and doing a placement at 1.87 is simple math. Prove me wrong, you can't and the facts are there to see. 
Comment by bball67 on Jul 31, 2024 2:22pm
I challenged you, Goldtech, on your conspiracy theory that Sphera controls Promis. Iti is interesting and telling that your answer was some gobbledygook about shares and share prices. Can we just stick with your theory that Sphera controls Promis. Control would be 50% or more, can you just provide a factual piece of evidence that they own 5% or more. You couldn't possibly be trying to scare ...more  
Comment by bball67 on Jul 31, 2024 2:34pm
There are at least two Boston group persons that  recently owned over 10% each prior to this offering. I believe one them own shares in their name and I believe another owns the shares in an entity name. That person is Mike Gordon. My understanding is that the Boston Group participatied in this offering. Mike is a very savvy financial guy. He is totally on board with Promis. He does not ...more  
Comment by BottomBroker on Jul 31, 2024 2:39pm
Guys, Goldtech is telling you that his facts are facts because HE SAYS THEY ARE FACTS. There is no argument here. What don't you understand?
Comment by bball67 on Jul 31, 2024 2:49pm
Just to be accurate Goldtech, you said Sphera/Blackrock controlled Promis.
Comment by M101 on Jul 31, 2024 3:05pm
Ohhhh, like Kelly Ann Conway, now I get it. 
Comment by M101 on Jul 31, 2024 2:24pm
Nope, not seeing where you find that many shares at that price, nevermind the legality problem with the naked short and placement deal.  
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