THIS SHARE WILL BE WORTH 3.00 IN 2009

Looks like AXA have increased their holdings a tad (31,702 ). Every little helps

Just goes to show how the market in general can drag companies down.

On Thursday Protherics was among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $500 million. (no doubt due to the AGM and statement). Even allowing for the UK/USA drop.

Then with nothing directly involving Protherics, this occurs.

On Friday Protherics was among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $500 million.

hi geek,

The slide goes on and on.....
There seems to be no good news at all - the buy by that director looks sick right now!
Time to get rid?

Hi Transco,

Not ditching mine as the company is still very sound and cash steady.
As said many times this is not a company for get rich tomorrow, unless of course the Holy Grail of a drug is found, which can always occur with such a company.
To my mind Protherics is a share you obviously keep your eye on, but don't need to review that often.
As confident as ever.

Although I am never one to point out errors re spelling grammar etc, (I'm dyslexic so without a spell checker I would struggle re posting big time), as it's the content of a post that matters to me, your Hi Geek bought a smile to my face. Slip of the finger no doubt!
If only, I am to IT what Pavarotti is to ballet dancing. Anything with more than an on/off switch causes me big problems. As said, not having a dig, just thought it humorous.

Greek. (Wishing I was a computor Geek).

Hi Greek,

I take your point.
I am a geek in every sense of the word as I work in IT.
Sorry..... for giving you a bad name..

The thing I am worried about is the lack of news good or bad ...ASM for example have a constant stream of news --- its never ending. PTI on the other hand say nothing....

Two licensing agreements announced within 2 days. Great news. Looks like the next 24 months, with what PTI have in differing stages of production, trials, could be very productive indeed.

The share price reflects the future and I see more disapointments.
If these developments were encouraging they would be showing up by now.
Sorry but optimism is unfounded.

IMHO......

Why is optimism unfounded. Protherics are going forward at a decent pace. If you look at development's they are proceeding as expected, with the odd minor blip. As with all bio/drug companies products they don't just jump from the research stage, through the trial stage straight to full production.
The sp is tending to reflect that many look on Protherics shares as a short term share which is never has been or will be.
But as your comment mine is also IMHO. Time will tell as they say.

Sorry but a 50% slump in the sp over the last 9 months tell the story.
You cant buck the market check out ASM over the same period and despite setbacks.
If PTI come back to start of year levels I will eat my hat!!!
IMHO...

Hi Transco and Greekman,

I've been keeping an eye on PTI and reckon something's afoot. Sp up 7.07 this morning, to 49.0-49.5

In the RNS of 26Sept there is this quote from the CEO: "We also have considerable interest from other external parties to use our adjuvant in their vaccines across a range of other potential indications."

Perhaps some new licence deal is on the way?? - I bought some shares this morning, in the belief that some good news is imminent.

Hi Toya,

I agree - I noticed the same move.

We have looked to have bottomed out for sure - the only way is up!!!!!!!!!!!1

Another false dawn I'm afraid.
Does this from time to time before resuming its slow decline!!!!!!!!!!11

Blast... But I'm sure they'll get some other contracts - must do! Don't want to find myself trapped...

Sorry Toya but there has been a slow decline for months and its set to continue until more positive news of the drug pipeline.
I would touch this with a bargepole for now!!

Toya,

Until there is positive news, I can't see much movement upward, but saying that, I do think such news is not far off, due to the same thinking as yourself, re the RNS from the 26th Sept.
SP up with far more sells than buys. Not on it's own much of a lead, but with 6 mm's on the buy at top shown price and none showing at top sell, now that looks like somethings in the wind.
If we start to see mm's fighting to buy (the last one to move up to the mark was at 1155 hrs) then we should know somethings in the wind.
Of course it could all be smoke and mirrors.

Positive note from a charting perspective in this week's Shares Mag.

Yes from a chart perspective it looks to have bottomed but I dont hold with charts.
Market makers must have made a few bob on this one over the last few months.
I see no upside without news.

Although not a chartist, I do feel they have their place, but more with FTSE 100 type companies that never move in very large percentages, (allowing for the one offs such as Northern Rock).
Charts don't have the same values for smaller sky blue or bust type companies, such as Protherics.
A chart could show such a company heading for a drop and because good news is released the sp could double or more within 24 hours, and of course visa versa.
With large blue chip companies, moves of this magnitude just don't (without the rare as stated exceptions) happen.

Well said geekman - it just goes to show what impact a small article on PTI's chart can do.

I dread to think what would happen of anything bearish came out.

Back to 20p maybe?

Or bullish, 80p maybe. But it does as you say show what any news could do to such as Protherics.