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Re: PNO (PHARMANET)

krisbarry said:
Nice finish for the day, up 16.7% . Double top at 3.5 cents now.

Extremely low volume, very concerning

Bank balance looks healthier though up $2,150
Click to expand...



Yes, very nice, up 16% on volume of less than $600.00, yes that is six hundred dollars.To sell anything like a descent quantity you have to be looking at 0.028 which by my maths is 25% less

Had one of my scary looks on Hotcopper today, and noticed, must be almost 20 posts by yourself on PNO.Enough said by me on this thread I think.
 
Re: PNO (PHARMANET)

I ain't selling @ 2.8 cents so a 25% loss doesn't exists.

And yes I posted a lot on hotcopper too, now that is no surprise.

Some of it was just relaying information and some was just simple humour and some was replying to other peoples posts.
 
Re: PNO (PHARMANET)

krisbarry said:
Bank balance looks healthier though up $2,150
Click to expand...

Not in the bank yet and as Porper points out could be an issue.
Best of luck.
 
Re: PNO (PHARMANET)

True!

But the fear factor of traders is very alarming too.

I somehow don't see PNO folding anytime soon. IMO

To live in fear is to not live at all, I can afford this trade, no matter the win/loss.

I am hearing true horror stories on this board and others about traders losing hundreds of thousands of dollars.

My risk/reward is small in comparison. If I lose the lot, I just go back to work and beg for more shifts. No dramas!
 
Re: PNO (PHARMANET)

Don't worry Kris, if it all gets too much you can sign up on the Tripeptofen trials....
 
Re: PNO (PHARMANET)

Charting fundamentals:

From the 14th of Sept. A distinct upward trend can be drawn, see chart below.

3 closing lows:

A low of 2.1 on the 19th Sept.
A second low of 3 cents on the 23rd Sept.
And a Third low of 3.2 cents on the 27th Sept.

A double top at 3.5 cents on 22nd Sept and 26th Sept.

Large increase in volume on the 22nd.

Large increase in share price with options too (PNOO) see chart. Always a good sign that positive news is on the way.
 

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Re: PNO (PHARMANET)

Kris the big issue here is VOLUME.
Seriously even the breakout day was weak with only around $150,000 traded.
Would take much more to sustain investor interest.

Evidently you made up 10% of that!!
 

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Re: PNO (PHARMANET)

Yes I have already mentioned in one of my previous post that volume was concerning.

Evidently others made up the remaining 90% of the breakout!
 
Re: PNO (PHARMANET)

krisbarry said:
Yes I have already mentioned in one of my previous post that volume was concerning.

Evidently others made up the remaining 90% of the breakout!
Click to expand...

Kris,

The chart in PNO is being manipulated, I see somebody yesterday bought one share so the price would close up 6.6%, I had to have a bit of a giggle, sorry. I do hope the trade is successful for you, but I think it is looking exceedingly risky.

If you look at recent volume spikes, it has made no difference to the overall downtrend, I hope for your sake this pattern doesn't continue.
 

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Re: PNO (PHARMANET)

yes I saw that trade too and had a good laugh about it. I understand the reasoning behind it, but why they even bothered, considering the brokerage fees.

Trade is also being manipulated by this large sell order @ 3.5 cents.

Some concern to the share price must be over AHG. PNO had extended its funding facilities for a further 14 days. Maybe AHG is struggling to make alternative arrangements.

Guess it is just a wait and see. Tripeptofen trials may give holders a glimmer of hope.
 
Re: PNO (PHARMANET)

Buyers building again this morning, more buyers, than sellers, ATM

Share Price up, on low volume though, bouncing from 3 cents to 3.5 cents over the few days.

3.5 cents seller is annoying me. Maybe that is their intention, or maybe it is for shareholders own good. Stops a too big of a run and then the ASX giving PNO a speeding ticket.

Who knows.

Still think there is something brewing here, keep a close watch. IMO
 
Re: PNO (PHARMANET)

Lets say he bought on the spike day.
There was 5 million sold on the spike.
You have 430K and He 1.4mil.
Between you nearly half the action on that day.
There have been 4 trades today.
Totalling 195k.
Hmm this could take a while.
You could hardly say there was interest in PNO.
What did you buy them at Kris?
Have you logged some sells in?
Perhaps to minimise exposure?
 
Re: PNO (PHARMANET)

Kris dont worry about the 3.5c seller..if it is going to run it will only take $50,000 to get rid of the 1,400,000 shares. : I'd be more worried about all the holders who bought and averaged down on the recent slide who are sitting off screen, waiting. e.g. your holding is not in the sell side, how many others are just waiting??
 
Re: PNO (PHARMANET)


It will either take the money to buy him/her out or they cancel their sell bid. I am more inclinded to think that they will cancel the bid.

I guess it is similar to LVL, went into a slide and many averaged down. It did go up quite a lot and many people were able to sell out.

Anything is possible.

I copped it over LVL too, so I am more tough enough to cope with the negatives, the knockers and the down rampers.

I, with many others are trying to pick a low, then buy. PNO lows have been around the 2 cents mark, now the upsurge to the 3 ish mark. The way I see it, upwards trend emerging IMO

More knockers are welcome to have their say....LOL
 
Re: PNO (PHARMANET)

krisbarry said:
More knockers are welcome to have their say....LOL
Click to expand...
KB, I think PNO sucks elephant testicles. Possibly that means you could double or tripple your money.

A suggestion. If it does run, lock in at least some profit, even if you leave some on the table.
 
Re: PNO (PHARMANET)

Kris... I am not being negative, knocking, down ramping, or pumping, just putting into words what I would be dispassionately looking at if I was in a PNO trade. Take what suits you out of any post and discard the rest.
I genuinely hope that any and every trade anyone takes works out for them.
 
Re: PNO (PHARMANET)

PNO owns 10 Million Shares in AHG, hence the relevance of this post

Advanced Healthcare Group Ltd. (AHG) Company Update:

Resignation of CEO and Appointment of Mr Adrian Loader, a specialist in attracting capital to business'

AHG has confirmed a $1million loan funds from Hawksbridge Limited

AHG is still seeking additional funding to advance its Cottman business.

AHG is working on its ½ yearly accounts to become re-instated

AHG shares last traded @ 3.5 cents
 
Re: PNO (PHARMANET)

Reading the 2005 Annual Report and found that the UK listing will not be going ahead, instead a potential U.S. listing instead
 
Re: PNO (PHARMANET)

More reading of the 2005 Report over the weekend found that...

Topical products used externally on the body, such as Tripeptofen face less hurdles in drug approval procedures, than the systemic (internal drugs).

This will enable PNO to release the drug to market at a much quicker rate and potentially save millions of dollars in further research and testing.

Animal testing starts early 2006.

I still think PNO is way undervauled, currently sitting on 3 cents with the potential to earn billions, if successful.

Researchers are now confident that Tripeptofen will have many more applications than a simple topical cream.

My guess is that it will be used to compliment other procedures as first line defence in accident/emergency cases, to reduce pain and inflamation. Such as sprains, strains, bites, stings, road trauma, medical procedures etc
 
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