Although I don't currently hold, up until very recently I held...

Although I don't currently hold, up until very recently I held PRRO for over 2 years.

Prima is a spec stock and a biotech. It rises and falls on news usually, or significant recommendations from influential tipsters (e.g. ASCI). Traditionally it has been marked by sudden surges on positive news modulated by happenings in DNDN also, followed by a gradual easing in a news vacuum. The recent sudden drop was as a result of market forces outside PRR (DNDN and market slump)

In my opinion it is dangerous to make the assumption that it is immune from major market shifts. If the market crashes (as I believe it is going to), then PRR will go with it UNLESS there is major news such as positive Phase III results.

If Phase III results were about to be released I would probably have not sold. The imminent recruitment into Phase III is well known and won't change things much - it's a given.

We are several months away from early results, at least. There will be a bear move in the market (possibly of major proportions) before that time.

Then I'll be back :)

@cuppa: you seem to specialise in trawling posters previous statements. I've done the same with yours. Most of them are aimed at other posters and try to trip them up or mock them (often with a "LOL").
I'd be more impressed to hear your thoughts about the stock.