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Now that the merge is confirmed, how about telling us what we have?
I said the dumping began back in early may. I told everyone to stop listening to the pumpers because they were selling as well.
That is very possible. Who knows? That's why we all should do our own DD, risk within our means, and not care about what one person (who we can't even see or meet) thinks.
Or he dumped his shares on the pump.
Maybe he’s in hibernation? He did say wake me up at 1,000%. At this pace he might be Rip Van Winkle.
Is that Twitter pumper guy still on vacation or something?
I feel like we're in the dead zone. I hope the OTC has a rising tide lifts all boats moment in the not-too-distant future. This is getting pretty boring on the whole.
We should just bet the opposite every time.
Haha I hear ya! I think we all do, to some degree, in some phases of our lives. Some of us are just more willing to admit it. Kudos to you! We learn from failure - how else can you ever improve? Kudos brother.
I agree 100%. Pretty simple.
The only caveat is the large AS and OS positions. Let's hope the company does something about that.
I must be working on my PhD. in Murphy’s Law apparently! Whatever I think will happen, it always seems to be the opposite!
I think I have a Masters degree in Murphy’s Law lol.
How many more shares will you be buying?
How can you go wrong investing money in a clean debt free audited ticker at .0004? Especially one that has a merge with a company that already invested $3.6 million with past revenue of almost $35 million. Not rocket science.
Sanjian is the devil pitchfork
You still think 34 million yuan is 47 million dollars?
Anything under your average is good. But if you don’t have any funding , just hold and pray.
Or you can sell at a loss. Not a financial advice but you do what you’re comfortable with. Hard to read OTC sometimes.
San Global Dining LTD = Sanjian Capital Co., LTD.
Translated*
It’s just another name.
Calling yourself global before being global is a liar until it is true. Right now it is a bald face lie.
100 percent. I stick to the script when it comes to overall investing for the long-term. I agree you never want to deviate from that, and play these OTCs carefully and well within budget.
Cheap is good when buying stocks.
I would never suggest that you empty the bank to buy OTC or Pink stocks. But, 4 looks pretty good, not as good as 3, but still pretty good.
Sounds like you're playing it wisely. Extremely tempted here to transfer some funds over just in case. I'd be averaging down from here but I'm being cheap :)
Filled today at 4. Put in 3 BID.
Got greedy. Now, it is 4 on the BID. Looks like a good day.
San Global Dining does not exist - yet.
Soon, they will exist.
San global dining does not exist. Its supposed to be global. Lol.
My best guess is he’s researching each individual officers;
Caren Currier - Interim President
Wang, Sung Wei - Chairman
Lin, Yi Kaun - Director, CEO
Kuo, Sheng Min - Director, COO
Ya, Fang Yu - CFO
I’ve found out that Wang, Sungwei aka Wang, Songwei is associated with other entity other than “San Global Dining LTD”
If you now research each individual entity, you can find more answers. For example, “Kuan Wei Zhong Fu Co., LTD” Ya, Fang Yu and Wang, Songwei both worked together and were successful
https://t.me/otcPLPL
Haha....we all could have! Don't feel bad. I only have 6 mil shares - but my average is 6. I didn't sell because I didn't think it made sense. Plus, if we sold, it would have gone to doub 0s. It's Murphy's Law!
And I'm kicking myself for not selling at 6. Could have sold and re-bought at 3 maybe.
Interesting. Bids are in for 3s....gonna keep an eye on this now.
I'm just wondering where he's getting his information from?
Elvis747man has great DD on twitter
Check your math again
San Global Dining LTD = Sanjian Capital Co., LTD.
Translated*
Wang Sungwei = Wang Songwei
https://t.me/otcPLPL Join Telegram for Source/DD
Oh no 88% the A.i computer says its a buy.
Barchart is showing PLPL at an 88% STRONG BUY.
I may be wrong too. :) There's a lot of hesitancy here - we can see it in the low trading volume the past few days. 3s aren't out of the realm of possibility. The uncertainty might cause some selling, but I also wonder if a lot of shareholders are afraid to sell and then have news hit. The transfer of control went through per the quarterly, which makes selling a dicey situation.
You may be right. What I posted
is from Schwab and is done by a program stored in a computer. I never did get filled on my 4s or 3s.
I'm not entirely sure that's the case? I'm just checking in now and see around 15 million shares were bought at 5? Seems like more of a tug of war to me. We shall see.
Momentum for PLPL is strongly bearish.
The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower.
As of 05-29-2024.
Lets get through these 5's (again) !
I did see a translated Chinese news article about the restaurant/catering operation. They specifically put a number on revenue a couple years ago. That number was 250,000 yuan annual revenue, which converted to dollars is about $35 million. Could be more now.
I think it’s possible. I don’t want to be perceived as a pumper. I am finding nothing about this company on Google searches. The only thing we know for sure is that they are in fact headquartered in Taipei 101 and Yi-Kuan Lin is in fact the new CEO. When you even try to Google on those facts nothing comes up, nor on San Global Dining. How does Elvis know what he’s asserting? I don’t know. My original post has ifs prefacing it
It’s a bit hard to do due diligence when informations are so hard to find. Possibly a Taiwanese language barrier?
To your point I didn’t. It’s a claim made by that person on Twitter so we don’t know. Is it true?We’ll see, but the claim on One Taipei is interesting since they’re headquartered there.
$PLPL Lin Yikuan, CEO of $PLPL is
— Elvis747man (@elvis747man) May 21, 2024
The founder of Sanheyuan, a Taiwanese cuisine catering company with dine in / carry out options with significant revenue 👀 ⤵️$PLPL closed a transfer of control to San Global Dining Ltd, a catering operation in Taiwan pic.twitter.com/dktjOJCfoX
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