Possible breakout, page-128

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NZ Trader

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31/07/17

15:38

Post #: 26188950
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Originally posted by Braddozack ↑

What makes you say that NZ?

The trading volumes are almost non-existant. There are less buyers on the screen than sellers. The general trend for the last 3 months is down. There has been no new announcements that are really market sensitive for almost three months. Haven't heard boo from the new CEO (or Science Director), and what his vision is, and what he is doing to progress the company. So far the market will be getting bored with the lack of..... well... anything.

I think you must be in the Mickey Mouse Club! That is the only source of news we have, but nothing that has been stated can be proven or is worth a pinch to astute investors.

Again, I like the sentiment, sounds like you are definitely a glass half full person. But we need real evidence of progress, not overheard discussions on the train..... Next we'll be getting excited about the droolings of a drunked we overheard at the local bar... and jokes about An English, Irishman and an Australian, or.... An Englishman living in Scotland trying to get a small Biotech off the ground in Australia....

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The low volumes are exactly what I would expect as buyers are having to meet the Sellers Price. Shareholders expectations are being realized. I see value here, you must have at some stage? as I see you are a Holder. Information with Biotechs is cyclical surrounding Phase I and PhaseII trials. So I don't expect to hear a lot of chatter, I expect Quality announcements that grab market attention and draw new investors attention to the Company. PAA have performed well for those that came in through out March. Plus they have demonstrated the ability to gain real cut through with their media. For a small Biotech they make a lot of News.

PAA Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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