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Obviously my pumping of this stock can have NO effect on a $10.00 plus stock, which can trade $200,000,000.00 a day..............
What I am trying to do is give my insight into a stock that has exellant potential for a solid investment as well as a Pharma company that will impact the World............
The break thru science involved here can completely change humankinds ability to fight viruses....
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I picked this one when it was around $6 pps before it changed its symbol. It was VITX.... Great drug, good company. I would NOT get into this company now however. The only time this company runs is on positive drug results and you will not be seeing more of these for another 8-12 months or so if not longer.
I used to play this stock back when we had the mad cow news. They used to have some blood cleaning thing which would filter out mad cow or something. It faild however. The AIDS drug (PA-457)looks very impressive however. Read the PDF presentation on there site it is a good read...
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Exact Same comapny... just changed the symbol. The merged with Pancos what seems like a long time ago. I rode this baby from about 3.30 to around 6. Pre-split price PANC is not even where they were a year ago and the company is much better off... I did some reasearch on the percent of companies that get FDA approval and what phase they fail at and pase one is like 60-70% pass pase 2 is like 40-50% and pase III is like 10-20% or something like that. I am just going of memory but basicly the longer you stay with them the higher the risk.
If PA-457 does work, this this will be a HUGE breakthrough!
I am just letting you know there are many quiet periods when all the stock does is drop... When the company is in the middle of Phans II trials there is no PR's and not much the comapny can do till the results are found. This is a good investment but it is really a long term hold. Even with the FDA granting fast track it will still be at least 2 years before they would beable to get FDA approval.. GLTA!
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Mike, got to concour with ya! I do think the dry spell between events will shrink... Many differant applications may keep things active with speculation, this time around.
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Regardless of the fundamentals, one approach to getting a profit off this stock is to play the momentum generated by the current news and publicity with this stock. I know I'm up on my stake right now, and will probably take short term profits soon, and hold about 25% of my shares in case something radical does happen to this stock.
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