Thanks for your post Taner 86,
People must appreciate that a Biotech stock like PRR is a ' spekkie '
- developing biomedical product to a mass market requires the most stringent regulative and arduous scientific procedures to be followed.
numerous, numerous hurdles must be overcome on the journey
the further along the journey we go and the more hurdles we overcome the better the risk elements are reduced and the ' speculation element ' becomes diminished - we are entering the stages now of the reduction in risk and time frame elements now.
PRR is a stock that one needs to hold ( and be alittle patient with ) as there will always be retraces after the highers.
There are those in it for the quick bucks along the way ( DTs ) and those that loose there nerve or are looking for the instant cash rewards / profit takers along the way.
In the market all these elements combine to make PRR shares available for buying and selling to both risk takers and more conervative.
Myself like many long termers and ' recent on boarders ' would be more than satisified with the 100 % gains in the last month.
I'm not worried about missing the daily ups and downs because with the developments happening at PRR right now and the flow of regular positive announcements coming through it is critical to be holding stock in one's hand.
How often are people caught out in a trading Halt and have to buy in later at a massive premium ?
The share price is trending postively at a sustainable rate with out going ' silly '.
The impending Nasdaq listing will be what will ' stabilise ' the share price immensely, and once it does list yet another ' risk ' element ' is removed.
the true value of what is unfolding before us is not being appreciated, yes... but for those of us who understand the rewards will be great.
enjoying the journey, enjoying the ride.
PRR .... the Lifechanger
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Open | High | Low | Value | Volume |
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6 | 104590 | 0.395 |
6 | 65668 | 0.390 |
6 | 98699 | 0.385 |
10 | 114110 | 0.380 |
Price($) | Vol. | No. |
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0.405 | 154170 | 1 |
0.410 | 259670 | 7 |
0.415 | 187366 | 8 |
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