Seeking Alpha
  • iadops40
    I feel bad for the PPHM longs after more bad news today after hours...knife catchers getting a learning lesson here
    9/26/12
    Reply (12)
    • bigdividendsonly: it is 1.35 and I'm going in.. House money and all tests are going full force.Got to hold the nose and sell tomorrow.
      9/26/12
    • iadops40: http://seekingalpha.com/n/byv5
      9/26/12
    • iadops40: good luck man....
      9/26/12
    • bigdividendsonly: I read Perigrine's website. Always go to the source
      9/26/12
    • iadops40: I wouldnt touch it with a 10ft pole
      9/26/12
    • bigdividendsonly: Well, I'm up 9 + dollars on it in the last 3 months trading it. 1.35 won't kill me.They have several good products beside this1 bad study !!
      9/26/12
    • iadops40: I didn't see anything on the PPHM website about the leter of default and the demand of full payment.
      9/26/12
    • bigdividendsonly: They paid it already !
      9/26/12
    • iadops40: I rode PPHM earlier this year for 250% gains, I am done with it. too much risk from here. after loan repayment they will be out of $ by Feb
      9/26/12
    • iadops40: PPHM repaid $15M
      9/26/12
    • chuckholladay: Yes paid the 15m loan in full and has enough capital to fund operations thru April 2013 according to Reuter's report posted on FinViz
      9/26/12
    • iadops40: enough capital to last thru Q4 (Feb or April), but that would not be enough time to redo their phase II trials.
      9/26/12