next support ?, page-15

Karlosthehat good on you. If only every holder thought like you we can be assured 14.5c is a bottom. I guess more holders than not are in the same boat. I'm personally getting smoked myself at the moment holding PRR, but funnily enough not worried. WHY? Cause I have enough faith in the current board to deliver on what they have promised as they have always done in the past, so what's different this time? Only difference is a shaken global economy which has no direct fundamental impact on PRR. Prima is cashed up (50 odd mill) in the bank, fully funded trials, no debt and no need for further cash until 2014 approx. And forgot to add 2-3 promised announcements still need to be made, as stated by the great man Martin from his mouth (which I heard with my own two ears). ..... SOUNDS ALL LIKE GOOD NEWS THEN WHY THE SELLING? No surprise that all selling has been made by holders which obviously don't have a look term view on PRR and view it just as another trashy biotech, we can see this by the such low volumes PRR has been turning over lately. Purely small uneducated retail traders have been the obvious sellers, and because we haven't had any real buyers stepping up to the plate it has caused the
price to gradually slide on low volumes. The fact the it has been falling on factors out of PRR's hands makes me feel even more confident to use this as a buying opportunity not as a selling one. I can't even believe investors with any knowledge of PRR's business would cause them to sell at these levels. It's insane. It's not guaranteed that we have seen a bottom in the short term but all I can say is I wouldn't wanna be going to sleep at night knowing I've dumped all my PRR stock, taken a massive loss, and continue to hope it's going to go under 10c with the likely news due from now till Mid 2012. Good luck. I continue to hold with confidence. Jason.