Protox Therapeutics Inc T.PRX

Stock Price

[cabbieJBJ]

It doesn't look like much, if any, of the private placement money is comming into the market.  That, I believe, is a good sign.  All we are seeing right now is some weak hands exiting...and the bottom feeders are setting a new, and higher, bottom.

I'll be surprised if PRX is not over $1 withing 4 weeks.

Tomorrow will generate some interest, and maybe some coverage.

Let's hope!

jb

Does anyone else besides Bioboy have any thoughts on why PRX sp is languishing despite this week's news????

[cabbieJBJ]

OOOOPPPPPPS!!Of course none of the pp money is on the market.  It was subject to a 4-month hold - from May 20th.  It can start trading a week Monday.  To refresh memories, the pp price to Cannacord was $0.27.

[bioboy10]

Thats a good point, The PP guys have doubled there money. Lets hope Protox can line up some buyers to take some of those shares when they come out. over a dollar in 4 week would be awesome. Then after Triump get it to 1.50 -2.00 in early 2010.  sign up a partner, or possibly get a buy out at 3:00 by spring time. What are your thoughts cabbie on price and time.I cant believe that there is

[cabbieJBJ]

Those are good questions.  Net, net, I really don't know.  But here are some considerations:Timing may be an easier aspect to guage.  I firmly believe that serious talks have already started with  potential commercial partners.  I have no direct knowledge, but it makes sense to me.  The 2b clinical had about 100 people so the data compilation and analysis should