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Great PR on PVSP technology...
http://ih.advfn.com/p.php?pid=nmona&article=48043244
LOL !!! As usual Arthur, wrong,wrong, wrong, as you seem to be all the time. Average price for stock i own, $ 0.023 ! Get with it Arthur, i am a beliver, but as a stock holder i do belive i have the right to question what is happening. My post was more directed to the person who seems to live on level 2 all day and post play by play by the MMS !!! MHO, it is getting real boring, and usless.
Added another 10k at .0275 today myself. 10k here, 15k there, after a while it starts to add up to a serious amount of shares. Not complaining, mind you.
UBSS.028 ASK SIZE 7600 ETMM .027 BID 55K SIZE
Remember:
“The stock market is a highly efficient mechanism for transferring wealth from the impatient to the patient.” –Warren Buffet.
Agreed! This company cannot have a $2 million market cap!! .Something will pop it in the end, and I for one will still be here, stay focused.
I've been buying 2's and 3's everyday for a week.
Some of you should rethink your strategy.
That's what these MMs do when there's little volume. If the orders are pouring in, they don't have time to play games.
watch level 2 and see how CDRG triggers other mms to place their bid and asks..look at the time stamps
On Y!PVSP, there is a poster who proudly averaged down PVSP since it was $7.00 a share. A True Believer.
Seriously - you're either long or you're not - I added cheapies as well. I did not add on the 5+ times a few weeks ago, because I didn't believe that was our time - that was part of a P&D IMO.
Still at my .026 avg so far. Will add more if it drops below that. When this thing goes, and it will, the more shares the better. And there will be no doubts about this and that - we'll know it when it comes.
It's real simple here, people are selling out of impatients. Once the MACD finishes it turn back up we'll be sitting in the .05's in NO time. Remember the facts people and stop watching every tick, it'll drive you crazy.
Lots of whining here,I added to my position today. I'm comfortable and will be back for more if it stays down here much longer.
Stop blamming the CD's, MMs, etc.,etc. The problem is with the company ! I mean really, what has been acomplished other than paying down debt with shares of stock. What got me interested in this company was the vedio,the possible tie in with Fanning,Parker-Airtime. All that said, nothing has been producded since Nov. that provides a single cent of income !!!! Whats the problem, i feel you need not look any futher than Riss and Williams !! IMHO
I'll wait and add if this shows beyond reasonable doubt
that this is a winner. I would much rather chase a winner
than average down on a risky endeavour.
what do you care you have no financial interest correct?
That's 13M shares issued in two weeks of February, PVSP has not disclosed how many shares were issued the other weeks of that month.
*****ALERT*****
The next person that posts that the
CD's are done gets one of my cat
toys thrown at them!
Tabby get a grip
Try looking past your nose, and none of this means anything, it is just fun to talk about while passing the time.
The only thing that matter in the long run is if the company can deliver on its game plan and generate real revenue streams and profits, and that will be some time out in the future, not in the next few minutes.
Building positions now before definitive results are known to the rest of the world is why you can get shares for a couple of penny's. This is how fortunes are made but you have to have a long term perspective, and not let the day to day actions cloud your judgement.
You need to stay cool tabby. This company is just getting started with an app with unlimited upside.
Stay positive.
company issed 13 million shares in february...look at the how the mms pulled their bids NITE/UBSS re-set their bids around feb 23rd
to .031 which was the 50 day ma and notice how they position themselves around the 200 day ma
Item 3.02 Unregistered Sales of Equity Securities.
Between February 13, 2012 and February 21, 2012, Pervasip Corp. (the “Company”) issued a total of 13,555,809 shares of its common stock, par value $0.001, in settlement of $300,000 of debt owed by the Company to various third parties.
If you're saying this is short covering
it's the first time I've seen it where
the price tanks.
3rd week of short cover and 3 weeks of
RED? Doesn't make sense to me.
I'm sure this mm crap is another thing
putting off new buyers. Why would a new
buyer want to jump into a mess like this?
Many other stocks are making people money,
why would they jump into this quagmire?
My theory is pretty much Entity-A
is behind driving the price down.
They may have the mm's behind them.
This entity wants the price down to
be able to buy the company at dirt
cheap prices.
What if "OUR TEAM" is with them?
An effort to go private?
Yes, it's crazy but not as crazy as
calling this a healty pullback or
consolodating.
I'm probably wrong but something we are
not seeing is deffinately going on and
since the price is not going up, it can't
be good.
I would not be shocked to see some unknown
outfit make a tender offer for us for an
amount that would give many of us a nice
healthy loss.
Hope I'm wrong and will ride this out.
Unlike many of you I would prefer averaging
up than down. Averaging up means we could have
a big winner, averaging down means possibly throwing
good money after bad out the window.
Another theory, what if the insiders bought at those
high prices to trick shareholder into buying while
someone else sold into it? Yea, that's crazy too but
still not as crazy as suggesting this is a healthy
pullback.
Bottom line is something is going on with the mm's
doing this and in no way is it looking good for us.
total market maker manipulation to settle or cover trades they sold at higher prices. Notice since the 8k came out re: the 13 million shares issuance the mms placed their bids down to the 200 day ma i have proof of this in my post dated febraury 23rd. also note around that date ETMM pulled their bid late in the day around 2:30 pm in the high 4's and went .0001. they were sending a signal at that point.
read about what old bernie created for the market makers the SEC approved this it was called the madoff excemption
Posted on 19 January 2009
--------------------------------------------------------------------------------
Bernard L. Madoff was once the chairman of the NASDAQ stock exchange. He was one of the most important market makers on Wall Street. And he managed what was, by some estimates, the largest hedge fund on the planet.
Yes, Bernard Madoff was an impressive man. That much was clear even before we learned that his $50 billion Ponzi scheme may have been orchestrated in cahoots with the most powerful, sophisticated, and indiscriminately murderous organized crime syndicate the world has ever known.
Charles Gasparino (citing “speculation” from investigators) reported last week on CNBC that the Russian Mafia might have been partners in Madoff’s larcenous fund business. Or perhaps the Mob had an even greater interest in Madoff’s market making operation, as some of our sources have told us in recent weeks.
Either way, there is a certain cachet.
But it wasn’t just pierogies and pistol-packing wiseguys in purple suits. Mr. Madoff was also a dedicated public servant, volunteering countless hours at the Securities and Exchange Commission.
Indeed, Madoff seems to have helped write some of the SEC’s rules. For example, Madoff had a good deal of input an SEC rule that exempted market makers (i.e. Madoff) from various regulations governing short sellers (i.e. Madoff’s friends).
Madoff’s rule ensured that market makers (Madoff) could, among other things, engage in so-called “naked short selling.” To sell “naked” is to sell stock that one does not actually possess. That is “phantom stock,” according to the SEC Chairman and many others.
Sometimes, short sellers (who profit when shares lose value) offload massive amounts of phantom stock to drive down prices, destroy pubic companies, or even crash the market. That is why there used to be restrictions.
Madoff also obtained an exemption allowing market makers to sell short on a down tick, which made it easier for unscrupulous hedge funds to drive down stock prices.
At any rate, I don’t think Madoff had an office at the SEC. He certainly was not employed there. But the SEC was glad to have Madoff write a rule exempting Madoff from the rules. The SEC was so thankful that it named one of its rules after the great man himself.
The rule allowing market markers to sell on the downtick was called, “The Madoff Exception.”
After Madoff helped writet the rule, market makers (e.g., Madoff) proceeded to “rent” their exemptions to hedge funds (i.e. friends-of-Madoff).
It remained against the law for hedge funds to sell phantom stock to manipulate the markets. It was also against the law for market makers to help hedge funds orchestrate such schemes. But under the Madoff regulatory regime, unscrupulous short sellers (i.e. friends-of-Madoff) could engage in this illegal activity so long as they did so with the illegal connivance of a law-breaking market maker (i.e. Madoff).
A few months ago, this naked short selling was implicated–by numerous academics, the U.S. Chamber of Chamber of Commerce, the Secretary of the Treasury, the CEOs of Wall Street’s biggest banks, respected law firms, John McCain, Hillary Clinton, and numerous congressmen – in the near total collapse of the American financial system.
The SEC has not prosecuted anybody for this. After all, there is an “exception.”
It is unclear whether the SEC will continue to name this “exception” after a man who might have absconded with 50 billion dollars (a sum that exceeds the gross domestic product of Pakistan) in league with the Russian Mob, an organization that is said to be in the market for a nuclear bomb – in addition to narcotics, sex slaves and, yes, phantom stock.
In any case, the major news organizations seem to have lost interest.
* * * * * * * *
Did you see them pull the .028, all 55k of them
They are playing with us here, look how they are raising and dropping the BID & ASK, was just up to .029 BID and .03 ASK, now dropped them both to .026 BID and .028 ASK now.
Now the .028 , 55k are back again.
At least 10 adjustment of the BID and ASK in past 3 minutes and no one trade.
MM are having their way with the price
I have a more devious theory
Be careful what you wish for. What if you get
those teens and it goes a lot lower?
What if this is all a plan to....I have a theory
but. Save for later.
Why would anybody be selling right before the company launches their International Calling APP?
These cheapies won't last for long.
Lovin' the cheapies - great for us longs. Like to get some teenies!
So much for March being big. Fouraces, are you
being paid to tout? Something really smells here.
Why back the truck @ .026 when
one can load @ .016?
This is disgusting. There is more going on
here than a "healthy pull back"
Just venting.
Did the CEO and CIO really buy 200k shares here recently at .049? Maybe they need to share a little of what prompted them to do that, because they could of bought 400k shares for roughly the same price today.
What monster news? What Breaking news
before the bell?
It's tough to say IMO! I think L2 would have been a knockout punch for this company. But the thing no one can estimate is how and when L2 would have been fully functional...
It's still alive, barely, but the govt./and top wireless/gps and others won't allow it... It will kill their business because L2 would have benefitted all Americans by saving us money! IMO
Corrupt!
Either way PVSP has many paths to explore and is just beginning! IMO
I get stock-hideout, micro-cap stock, wall street advisor
couple others. None mentioned PVSP.
Did you get or hear of any promo for PVSP that email fouraces put out is highly suspect
PENNYMOTION > PENNY STOCK NEWSLETTERS > PVSP (3CENTS BIG UPSIDE)
PVSP (3cents big upside)
Monster Trade Alert and News
Ticker: PVSP
Monster News just hit the wire and PVSP is a major Play between now and next Week. Be sure to pull up your quotes and level 2 on PVSP premarket cause this one is going to be active today and next week on this Monster News.
This news premarket is explosive. PVSP should be on fire today!
PVSP is at 3 cents and could easily run back to 6 cents in a matter of no time on this news. Plus the chart indicators are all pointing to a big move and rebound in PVSP.
Breaking news out before the bell, this is a Must Read:
http://www.pennymotion.com/penny-stock-newsletters/pvsp-3cents-big-upside/
Anyone else get this or any other newsletter promoting PVSP over the weekend end, I did not? Fouraces who is this newsletter from and can you provide more detail? Seems suspicious to me, but need more detail and I have not heard anyone else comment on or pumping or promotions for PVSP this week (would love some though).
What does the demise of LightSquared mean to PVSP?
What about 2013, 2014, or 2015? The same no results? Maybe 2016 will be the ticket here.
Balance volume shows -8 million shares since the last run up to 5.5 cents, mostly since the feb 21.
I have to disagree with you on this point.
We might see some head way with PVSP making a splash in 2012. How big this splash is and the cost of making it remains unclear. Since the company is financially strapped, I do not believe we will see a huge ad campaign. I am still thinking that the video app will be far more important for PVSP future. Time will tell.
Enjoy your evening.
So no other phone company offers a smartphone app and are PVSP competition?
I still believe the video app will be far more influential for PVSP revenues. JMO
As for two weeks... I will give PVSP their 30 days and see.
Arthur
Do not undermine the FATTENING of my little
wallet!
Thank you
Call me kuckoo for cocoa puffs. But there was a time when I might get excited over a nice newsletter promo.
But now I am a little nervous. Wonder what kind of PR we will get tomorrow to go with this. Is this paid for by a cd holder or PVSP.
Are we going to see shares dumped by the truckload or will we see a nice bounce in pps. We will see what happens tomorrow.
In 2 weeks this is gonna
"FATTEN MY WALLET?"
I'm going To hold you to this!
I fully agree with Kar, we won't see any results during all of 2012.
I got this email today:
GGP Readers,
PVSP is quickly becoming a SMARTPHONE POWERHOUSE! Last week they announced they will soon be launching an International Calling App that will allow unlimited international calling on ANDROID SMARTPHONES and TABLETS worldwide for only 29.95 per month. The company plans to begin an aggressive advertising campaign on one of the webs leading portals. The stock is trading at .03 so the upside is HUGE! PVSP is quickly going to become a SMARTPHONE GIANT with this app. Start doing your research on this hidden gem NOW! Remember Skype was recently purchased for 8.6 BILLION DOLLARS.
Recent Press Release:
Pervasip Announces Rollout of International Calling App for Android Devices
http://finance.yahoo.com/news/pervasip-announces-rollout-international-calling-141500162.html
PVSP at .03. Research it NOW and get ready for an exciting week ahead!
You are all nuts. This company is about to release an app that has global signifigance to the smartphone market and you are'nt excited. The light is right around the corner.
I predict that within 2 weeks PVSP is going to open your eyes and fatten your wallets. Hold those shares tight. Because you will be trying to get back in at much higher prices when the International Calling app is released!
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