THIS SHARE WILL BE WORTH 3.00 IN 2009

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.

i'm confused

Sell off on Wall St Friday will point the way - another fall

With 98% of the FTSE down today, I also expected Protherics to open down, but it did not and at 0845 it's still up. OK only .25p but strange as there appears very little interest in the share.

Hi Greekman,

No interest whatsoever and no follow up with the spike on Friday.

Need more news.

Yes, I was expecting PTI to fall, too, but am pleased to note it's just about holding steady.

I still reckon that they must be negotiating some other deals. If an Akzo Nobel company (Nobilon - as in the RNS of 26Sept) is happy to pay for PTI's technology, then I'm sure there are other significant pharmacos keen to work with them.

I'm going to remain patient an hold.

Toya,there you go answered your own question on PET thread!

"I'm going to remain patient an hold."

Hi Lex1000 - you tracked me down! Yes, and I shall continue to hold. It's ticked up a bit today, to 50-51p, so it's starting to move in the right direction.