Propellus Inc (PRPS)

[cashclan]

Keep it coming






I need $50 to turn a profit...

Damn Account landed at Apex Clearing after being involved in a Market fail to deliver

I never sell for a loss....

[Renee]

Effective Jan. 19,2021 SSOLD will change to PRPS:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Aliquot]

Sucks for sure. Need some news here, nobody wants to buy or sell...boring

[Aliquot]

Need to break out over this 4.50..

[Aliquot]

R/S scared people away. Need some news now to run this back up.

[Termite7]

Does this suck or what? Thanks!!!

[1036Gizmo]

Still no news?Does the name change mean anything?

[rakp]

I agree with you

[Aliquot]

After the R/S all the bids are gone. Makes it very volatile and not representative on the first few days. Just do the math on the split and let's put the market back together for the stock. R/S scares people but this is a development for this company so think it's positive overall.

[rakp]

Sorry, but I think I was a bit confused here. I think TDA, in absence of any trading, use the bid price( $2) as valuation for my shares with the result a massive drop in overall value for my stock after the reverse split.

I have ask them to clarify.

[Aliquot]

They only sold me 16 shares...

[rakp]

I guess the person that sold shares @ $2/share must know why he thinks the new shares are not worth more than $2. The ask remains $ 175.

I'll think I will wait till the new company brings us up to date.

[tradegap]

It's already reflecting the 50 for 1. SSOLD

[1036Gizmo]

Does it say when it may happen????

[Renee]

Sunvalley Solar Inc. changed to Propellus Inc. and a one for 50 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[today32]

1-50 Reverse Split just hit the daily list...

https://otce.finra.org/otce/dailyList

[Aliquot]

In the past the stock was used as an ATM to cover losses. The dilution destroyed the market cap for a long time and I would say only now has it recovered to a fair value (for previous filings). The lack of dilution makes me think the company no longer needs the dilution money, so is operating in the black. Without the need to keep the stock in good standing to eat up the dilution they let it go dark. If the company is indeed still operating then it makes me think that someone has been accumulating all the shares in the dark period, be that management or other shareholders.

At this point we need filings and disclosure from the company to really break out more. Otherwise we will see if accumulation continues...

[rakp]

Nonetheless, based on current price/trading the anticipation remains high and only waits for the new CEO to let us in on his future plans.

Still one of my favorites!

[Aliquot]

Looking like a pullback to .10-.20 is coming here. Not much bid support and volume dropped. Time to make a new base in this range for the next push...

[rakp]

All in good time. There are obvious positive developments in the works and I think it is not unreasonable to expect news at any time now.

So far so good.

[1036Gizmo]

90,000 shares traded and still nothing in News from the company.No new updates on projects.

[Aliquot]

Holding these levels nicely. Volume has dropped a lot tho, needs to consolidate for a while to get past the next level IMO.

[rakp]

Impressive

[djboogie]

Crickets .....

[rakp]

Great expectations.

[Aliquot]

Great week here. Lots of volume with a big bullish weekly candle. I think it should find a nice bottom in the .10-.15 range next week and then stabilize above .20 to make a new floor for the next big push. 2021 should be a great year here.

[Aliquot]

We need this consolidation here. Needs to make .20 the new support level here!

Should bounce back and close near .30 IMO

[Aliquot]

I agree there's lots of potential here! Stock needs to consolidate to break .50. and some news of what the new owners plan to do would catalyst to a new level.

Float is tight here, so if we have the right buyers it will lock up again.

[rakp]

By really big I meant something in the order of $2+. This is based on my assessment of the kind of person the new owner is. He comes across as a guy that has no affinity for small/little things and wouldn't be bothered with penny stocks other than only as a stepping stone to a higher exchange.

There is just something in this guy's make-up/experience that I like a lot.

I may be totally wrong but my thinking is not doing anybody any harm and would be interesting to see how this all turnout!

[Aliquot]

Yes I know exactly what you're talking about, been holding a long time also, was nice to sell some.

[djboogie]

Don’t get me wrong I think you are right. But as much as I would love it I don’t think these new highs are sustainable without new contracts, new earnings, or any good news . I’ve been holding this bag for at least 7 years and am glad to be free!

[Aliquot]

I do think this will drop back to .20 and bounce around a bit unless there is news.

.20-.50 is new trading range for a month I would think.

[Aliquot]

Sold half mine today. Had some other opportunities I wanted to shift the cash over and lock down profit. I think this will consolidated between .50-.20 for a few months before a move higher, unless we get some news or whales moving in.

Still have a core position,

Glta!

[Aliquot]

New owners took over the company a few months back. Never really seen this stock pumped and dumped in a long time. Has been quiet steady buying until breaking resistance. Likely a parabolic move, hardly a pump.

[djboogie]

First of all , a question was asked and I answered. Second, yes really ! A stock on the rise for no apparent reason you do the math .

[rakp]

Everyone must make his own assessment and act accordingly.

Pump and dump? Really?

[djboogie]

I’m planning on selling all of mine tomorrow.. this seems like a pump and dump . Raising on no news .

[1036Gizmo]

Have anyone sold any shares yet?????

[DrMarianne]

Really big like...?

[Aliquot]

Bid is .35, WOW!

Onwards and upwards steady it seems!

[rakp]

WOW, we seem to be heading to places we have never been before.

May it be a deep, blue sky!

[rakp]

This one is bound to go much higher, nobody is going to scramble for shares for nothing.

There's got to be something at the end of the line that's worth something of real value.

Really big!

[Aliquot]

There are few shares available so after we broke .20 there weren't many shares for sale until close to .40. will take some time for bids to move up/ask down and take another move.

Good break of .20 today and big bullish signal

[1036Gizmo]

Why so much of a difference between the bid and the ask.This is wild!!!!!

[Aliquot]

$0.26 x $0.38

Wow..

[Aliquot]

Gonna try to bring in the momentum traders now. This could go ballistic so easily. Make small sells on the way up and don't load the ask. This could break $1+ quite soon...

Like today...

[Aliquot]

They have $5M they are owed in a lawsuit they need to commercialize their parents. Could be worthless or worth a lot. There's some Potential here for sure! (Nerd puns ftw)

[Aliquot]

There's just no ask on this stock.

Could get wild here soon...

[1036Gizmo]

Something is going on!!!!!!!!!

[rakp]

looks more promising by the day...