Thursday, December 04, 2014 4:53:50 PM
The problem with this board Alert is that it's full of people who THINK
they know about the pennies and they don't know &@$@. After watching stocks
like this for decades you start to see patterns. At this time of year, the only thing
anyone would do with a stock like PDMI , which for all intents and purposes is
a company on life support, is sell it for tax loss purposes. Take into account
the fact that most of us can't buy or sell because of the chill, and it becomes clear
that any volume on the buy side is coming from someone who is savvy enough to
buy it at all due to the chill and who obviously feels they are putting down a
very good bet. Keep telling you guys that these stocks do not trade like IBM.
They move on events that are out of our control and the best thing we can do
is know the cues that signal an impending move or big situational change. I
told you guys yesterday that if you see the .0002's get hit, it's time to buy, but we can't.
From the looks of it, it looks like they might eat through these .0002's pretty quick.
The positive for us though is that we see the stock we own already go up in value.
Best case is that they get the chill removed and raise money. If that happens, no
reason why we couldn't reach a penny. And that's pre R/S, if that is their intention.
Here's to hoping.
JMHO
GLTA Longs
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