macre12, page-2

Hi Rebel

Yes there were a few daytraders today but not too many. If we assume HC to be a logical sample/survey of trading sentiment, numbers and decision making, there were far more "attuned" traders today. That being said, HC is now cluttered with many new and young nano $5K traders who may not be informed regarding PNO historical dynamics.

I contend that the probablilites tomorrow are that we will see much more action on open than today as today's VWAP was 3.15. This is substantially higher than today's close of 2.7 and many traders will be needing to push her higher tomorrow to trade into any intraday spike.

That being said, there are fundamentals at play here. They are now unusually cashed up (29/12 raising of $850K) and given that PNOO have been taken away, this could be the perfect time to push for SP appreciation so as not to create market cynacism and ASX queries. On top of this, right across the boards, there has been a spark set under the speculative bio minnows. eg. PRR, OBJ, DIA.

PNO is no different.

Rebel, there may really be something in the European "roll out".

Just did some research on Van Rooijen & Partners and they are definitely bona fide and could quite well be successful in "introducing" Thermalife to Europe - they are mostly venture capitalists and marketeers which could be right up PNO's alley.

Phase 3 clinical trials are probably the go for a substantial SP increase (for regulatory approval).

This may be imminent. The thought that they are indirectly NASDAQ listed too is a highly sought after intangible.

As you know, when a SP takes off and the average HC poster does not blink an eye, it is time to buy. I accumulated these since October 2006 as my posts indicate waiting for this and I have all the technicals and general possibilities in front of me based on various hypotheticals. I sold the lost today at 3.3/3.4/3.5 and bought again at 2.7/2.8.

I am bullish and good luck. I know you have been with or have been watching PNO for some years.