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No. I didn't get caught in this one. I just warned everyone about it. I was caught in PWEI
I guess you're still waiting huh?
MMs were trying to save you from burning $500... Oh well...
double post. delete.
Aaaaaaaand there we go! 0.0003
You still think so?
Yes, I meant makes NO sense. Thanks for catching that.
Correction Garyst. You mean makes no sense. Still holding this unrealized loss. Maybe to make something of it in future.
Wallstreet, I too am a firm believer of that. To sell in the triple 0's or even at these levels makes sense. It is worth the time to hang onto our shares here and see what PWEI does in the months ahead.
PacWest Equities Inc (PWEI)
http://www.pacwestequities.net/
It does not matter! I Just hold tight to my shares and all will be fine with time.
We both know the stock display great upside strength as this is an expected closing!!
up 100% on 7500 shares... weeeeeeee
Id rather get the scoop from the company as the truth gets slanted in pennies. The positive is its cleaning up the mess and we need to here from the company.
You were warned about this SCAM BY MADDOG!.Now its going to .0001.aclh was a scam and so is this one!
Very true. There is no such thing as a "safe" penny play. The trick is to get in and out as quickly as possible with any osrt of a gain and then move onto the next.
I would agree in that this is the time the company should be vocal with PR's etc... if they do have anything going for themselves at this time. They certainly had PR's to put out during the promo month or so back. Pretty quiet now though.
PWEI_ stock is being accumulated. This one is really just at the beginning stages. has not even begun to heat up.
The first tier of buyers in an aps play are the only real winners. Anyone else not in those circles is just gambling to dive and and dive out with a quick buck. Most start believing what they read and sell at a huge loss in my opinion.
They can make a good company bad and a bad company dead.
If this company has any plan going forward they need to implement it now.
Certainly appears that APS is done for the time being but there are many many other smaller promo co's out there that also promote stocks each week. Like you said though; I will not lose any sleep over APS being done. Thay caused alot of people to lose a good deal of $.
With aps shut down I assume promos are on their way out entirely .. Condolences to everyone who got caught up in this disaster .. I made a lot of money on aps in the past but judging by their recent track record, I will not miss them at all
Some investors must feel like they were run over by a bus. Its tough when you try to predict what a hype play will do. You always have to ask yourself how far down the food chain are you?
Those who feed early can make out well but this seems like a total aps flop in my opinion. If we ever see some true meat in one of the future new releases then this could climb back up a bit. For now though its all about stink bids and then you may have to wait a while in my opinion.
LasNubes, unfortunately many are in the situation. Promos come with great risk and I think PWEI was another lesson of that. I do not think in todays world that many are all the eager to play any more promos and rightfully so.
Me too.
I only have 15,000 shares thankfully.
I sold my other 15,000 the afternoon before for $800 gain.
I'm in the red certainly, but not as badly as a lot of other folks here.
I think I will just keep them long term as a daily reminder on my holdings list.
Been a few yearzzz... and last 2 picks suspended... can only hope that they are now on the run... lolzzz... alwayzzz takes so long for dis stuff to happenzzz weeeeeeeezzz may hear something in future yearzzz or maybe not? lolzzz
There is Dan king. Many other Penny plays move and have moved nicely but Promos have always been a high risk arena and PWEI proved that was the case here also.
There's no easy money out there or is there? Someone please help, I've took a big lost.
Yup, looks like they are done with doing stock promos.
Feds closing in on APS?
http://www.awesomepennystocks.com/images/logo.png
Hi Everyone,
Together, we have had an AWESOME run over the last few years. We have seen multiple picks soar dramatically from our initial alerts, and we have seen our members reap the profits. However, there comes a time when all things must come to an end. Now is that time.
We have decided to shut our doors and we will not be releasing any future picks nor will we be re opening our doors at any time in the future. We wish our loyal members all the best, and thank you for following us since the beginning.
Hi Everyone,
Together, we have had an AWESOME run over the last few years. We have seen multiple picks soar dramatically from our initial alerts, and we have seen our members reap the profits. However, there comes a time when all things must come to an end. Now is that time.
We have decided to shut our doors and we will not be releasing any future picks nor will we be re opening our doors at any time in the future. We wish our loyal members all the best, and thank you for following us since the beginning.
Sincerely,
Your AwesomePennyStocks Team
Hahha .. Did anyone see APS website? They shut their doors and won't be releasing any future picks.
I believe we will. It may not be all that much but I definitely think a bit more than most have in their accounts at the current pps.
Will we ever recover "some" of our money back from this POS?
Totally understand your strategy TEFFY. As for me I'm going to wait it out. Trade well and GLTA.
beambe- go for it!
Sorry about your loss but IMO don't blame yourself, other countries do a much better job of protecting investors who think they've done their DD -- it seems it's just APS that's toxic (and a few other big promoters) but as this other halt shows, it MAY BE guilt by association: if this company vindicates itself just maybe, there's a tiny glimmer of hope that some light will be shed that helps traders in the future. Plenty of pennies experience trade volatility and get the skull and crossbones or STOP or other warnings but most go on normally.
Personally my tolerance for unknown stocks has gone down by 90+% after these two companies were halted, the second maybe just b/c a parasitic promoter latched onto it: skeptics scoff at that but they've put themselves in a position where anything they say will be scrutinized.
It's not every day that a company in this position goes to these extremes to try to clear its name and hopefully we will yet see who is really at the bottom of this mess -- what "third party" they are talking about: APS itself? Were they or another party complicit with an MM as some speculate? Will we ever actually learn anything that will help in future, short of avoiding all pennies?
http://online.wsj.com/article/PR-CO-20131015-911405.html
I keep saying that any company is innocent until proven guilty and if anyone wants updates on latest info from Mr. Marcus Martinez per below we'd all be obliged I'm sure (skeptics can believe ir or not but the company would be foolish to put out misstatements at this point!).
If I hear anything i'll share it but won't before next week earliest.
Otherwise I can't bear the smug "Itoldjaso's" on that board as though the victims are to blame, as though everyone isn't playing pennies too and with many of them, they just rode the stock up and dumped earlier.
Has PWEI stated anything similar publicly? Or accepted their fate?
I feel sorry for your loss, but to the Grey market it is, regardless of who is responsible for this. Consider bidding for bottom and reselling that if you want to leverage up -- one of the stock pieces of advice given me. I can't speak to it from experience.
I'm not sure I have enough left in this to be worth the effort to have my broker try to match me up with a buyer (supposedly selling off in small bits is easiest), b/c my investment isn't huge, but I sure could've used the money elsewhere as you and everyone else could have.
The other stock invested in same time and should have put THIS money in 300% tripled next day! But I'd been following that one for months. (The MMJ-related stock twinned with another one from same management, that is starting to explode too, can't say more than that here but hope you find a lucky one this time and make up your losses.) Kinda hard if you don't have much powder left, but I hope you manage to leverage back up. Don't blame yourself but IMO avoid APS and stick to companies whose ups/downs you've gotten to know over time: memo to self too.
GLTU
Can we agree to disagree? PWEI is no longer what the focus should be , does not matter what the company does or does not do.
PWEI is now in the hands of the SEC and going grey ,any money is any money IMO ,
KNOWING PWEI will trade but then KNOWING the exit will be closed over time with no volume would make me take what's left before nothing.
I have been caught in halts before and just save what money I can.
Teffy Trader, respectfully disagree. When you’ve already lost $98 of your $100 investment you really do not have a lot more to lose. IMO, it makes more sense to hold and wait. The wait may be long or it may not. After all, what does one have to lose, everything? It seems like that’s already happened. One might ask, how long has PacWest Equities, Inc. been in business? How much longer can they survive based on their business history? If they’re still in business 5 years from now what will the price of their stock be compared to now?
beambe would like to buy more for 0.0001-please sell me
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The technology cost over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities, Inc., which addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain.
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