Big news today TKE... Bottom line is that there lead drug in Phase 1 Hepetitis C trials showed that it is working.. The 2 most significant things in the is release are. One.. this drug was used on the sickest patients who didnot respond to any other treatments but when they started taking there drug they showed very good results on low dosages.. Secondly PHase 1 is supposedto see if the drug is toxic to the body or not .. this one showed results.....which is huge.. and they gained alot of respect with this release because its there first human testing and the damn thing worked.
Ok guys still in this thing.... It has been a long road thats for sure...The damn thing is basically in the same spot as it was 2 years ago when i first posted it... What can I say its a biotech.. somethings take time..
Here is the deal it closed today at .96... 2 things are happening in the next week or so... One is the Russell rebalancing... every year they rebalance the russell indexes and for this thing to stay on the russell index it has to close above 1.40... The last trading day in May is when they calculate the Russell Indexes.. This coincides with AACR the annual cancer conference.... PPHM has been holding back news.. They have alot of stuff going on and they are going to hit the news wires In my opinion with everything they got to make the russell.. This thing may not make 1.40 but to me 1.20 is extremely attainable.. thats a 25 cent gain in a week or so... After that who knows .. I know they need money so i wouldnt recommend holding unless they come out with great news out of Duke University where they got Aids studies going on.........
Here is the deal it closed today at .96... 2 things are happening in the next week or so... One is the Russell rebalancing... every year they rebalance the russell indexes and for this thing to stay on the russell index it has to close above 1.40... The last trading day in May is when they calculate the Russell Indexes.. This coincides with AACR the annual cancer conference.... PPHM has been holding back news.. They have alot of stuff going on and they are going to hit the news wires In my opinion with everything they got to make the russell.. This thing may not make 1.40 but to me 1.20 is extremely attainable.. thats a 25 cent gain in a week or so... After that who knows .. I know they need money so i wouldnt recommend holding unless they come out with great news out of Duke University where they got Aids studies going on.........
