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August 27, 2014 05:59 pm
I don't know if anyone even checks here anymore, but I can't post on the main board without a rabid dog attack, sorry that happened. I was simply pointing out that very big money wouldn't come to prometic (in my opinion) until the issue with GE is resolved. And if they do make deals with prometic, it will have conditions to protect themselves. Agree or disagree...no worries. My gfinal point with the lawsuit trial not being until 2016, prometic has removed roadblocks to people like me investing, because they have at least a 1 year window of no bad lawsuit events occurring, things could only be positive (ie a settlement). Anyway, sorry again for starting a rukus on the main board, I should have known better.
When I sold out of PLI last Oct 22 & 29, I was asked by a few on this board where I was going to put my $, and I didn't say what it was because I wanted to build up a position in it first, because it was like PLI was in the old days, you had to sit back and wait and buy below 12 cents on quiet days...The company that I have all of my Risk $ in is Tekmira TKM(ie money that isn't in income bearing preferreds). I'm 34,800 shares of this one, and have been on a wild ride. Word of caution to those seeking a NASDAQ listing for PLI...DONT DO IT...your stock is absolutely destroyed by waves of shorts and options holders...NASDAQ biotech stocks are insane traders, and their high volume drowns out the TSX trading, so the TSX price is a slave to the NASDAQ price.
Once I sell out of TKM, which could be very soon because there are buyout rumors from UK sources saying its gonna happen for a nice premium (see my TKM board posts). And then I'm definitely going to get some $ back in to PLI when the time is right...November 2016 trial takes all of my worries away!!!
BTW, any short term traders on the board, TKM is going to skyrocket tomorrow...I've bet big on it, see my posts on TKM board for details...It'll be good for a trade if that's your game (not me, I only have I girlfriend-stock at a time...it used to be PLI, noiw its TKM, but I think PLI is looking good again).
Good luck all.