Saturday, August 19, 2017 8:40:37 AM
Frank did predict (or created) an increase, whether a scam or not, PGSY did move to .16 before collapsing. A good rule of thumb for short selling is to never hold a stock more than 6 days. I believe PGSY collapsed on day 7 (correct me if I'm wrong). This leads me to believe that Frank was himself a short seller on this stock or he knew nothing of this short sellers convention which is highly unlikely.. hmm
Now, according to a Seeking Alpha article on July 28th, PGSY is bringing cryptocurrency to the back end of BOA in the next 8 weeks. So you may have to wait a little longer on your investment if you didn't capitalize on the short sellers convention.
I bought in at .04 and .10 leaving me with a.07 average. I'm currently down as are most who invested. I simply bought more PGSY at the current lows bringing my average to .045 and closing the gap. I am hopeful that PGSY will rise above my current average so I can gracefully pull my money with little to no losses.. only time will tell.
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