Back in 2011 I argued with kruy about the value of this shell. Keep in mind kruy has been wrong about pretty much everything he has ever posted. He lives in a fantasy world where his wonderful penny stocks can do no wrong.
Here it is 3 years later, and this shell has indeed proven to be worthless, just like I said. I have been right about this stock nearly as often as kruy has been wrong.
When I originally warned people about this scam, a nasty gang of attack dog pumpers came after me. I called them out, and they have proven to be fools.
When will people ever learn? The penny stock graveyard is the eventual fate of stock scams. This was planted 6 feet under long ago, and all that remains is a decaying tombstone with a stock symbol on it.
Intersting action no doubt
Now that was a typical drop at the close. Still strange all this volume.
I been holding this for 2 years, ive never seen it act this way. Usually it gets a small volume quick spike and drop right back down. Ive never seen it slowly move up with buyers. So, this is acting different. There's been speculation about them having patents, others on here might know more about that. Highest volume in a year. We will see how this closes.
Someone wants in..
pptiq nice! patience pays off here
IMO higher. Low float. Probably coming out of BK and selling its patents or merging.
200,000 at .0034m.(I think)-Had this position since Jan. 2011
No, I think we are in a sweet position. There's not a big float.
It could go considerably higher. Perhaps a nickel. Hold tightly.
im holding 200k @ .004 entry. What about you?
it kind of sounds like, what you said the other day, possible transfer between parties non broker etc. Still stinks, would have been nice to have had some sold. Maybe it will go back up and higher! At some point somethings gotta happen here. even if its a notorious suspension.
PPTIQ maybe 0.01 coming again this week
Let's hope the .006 wall comes down tomorrow. Looks like somebody is covering their shorts or a competitor is buying up the float. Hope for continued buying on Tuesday. I don't have a whole lot of these shares but I'd still like to make some $.
Sounds to me like double speak. Very baaaaaaaaaaaaaD you didn't get your order sold! Poor broker IMO.
this was the response from my broker....
One common misconception regarding OTC equity securities is assuming they trade just like listed stocks (i.e. NYSE, NASDAQ, etc.). Dealers for OTC equity securities don't use the same trading and communication technology dealers for listed securities use. The more manual systems used by OTC equity dealers can lead to significant lag times in quotes and executions. This is especially true in the first several minutes after market open, and when a security begins trading higher than average volumes. During these times an order entered at the quote might not fill due to a queue of orders entered before that order, and/or orders entered at more aggressive prices.
Regulations do prohibit OTC security dealers from trading ahead of orders in their own book. However, this does not prevent a different dealer from trading at, or even through an order at another dealer. Therefore, at times you may see trades above and below your limit price while your order remains open. Factors leading to a trade printing through your price may include, but are not limited to, volatility, pressure on inter-dealer communications, the size and type of the transaction, and the accessibility of markets and quotation sources.
PPTIQ another 100% up day. Wonder how many more days it will be
Bet it was a transfer between parties; non-broker.
its hard to say, but it sure was a lot of volume and in just a few min going from .0006 -.03? I called broker and said, how did this get above my .01 sell and not fill me? They said, we will check into it.
Is somebody shifting ownership?? Or selling out?? Any news out?? Something's up.
tdameritrade... i wasnt watching the tape to see where all the orders went through at, but still, its really strange.
that sucks. which broker is that
Would think it is about finalized by now (8/21).
Accumulation continues.... hmm...
Motsah Ballz to you too. I just have a "feelin" about this one!
PPTIQ` Holy Shitballs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Let me know when/if you hear from them. Thanks!
I emailed and called the trustee of the BK proceedings last week but no reply. Holidays maybe?
I'll keep trying as I'd like to know.
I'd also like to know if they've had any offers to buy the shell with all the tax loss carryovers, as it seems that should be valuable to any profitable company..especially a private one that wants to go public.
Anymore news on this stock? Last post you said Sanyo was interested in purchasing the patents. Did it fall apart?
Shares won't be cancalled..this is a chapter 7 BK, not a reorganization.
Last I heard from the trustee was that Sanyo is interested in buying all 25 patents..FWIW.
The new 52-week low .0002 was created last week! Sell ASAP before it is too late (the shares cancellation or dropping to no bid at all)!!
Do you know when will the company cancel the common shares? Anyway I
just noticed the new 52-week low 0.0005 hit so far!
I have 200,000 shares. I'll keep holding. No sweat.
I only have market info based on everyday trade. So far, no dilution and no rush sale. Anything below 0.002 is potentially a multi bagger.
Do you have any additional information? I can't really tell anything about the stock.
Don't you see the last two run to 0.007 and 0.004 ? What else are you expecting?
Okay funny-G, where is it? "I see nothing," as said Sgt. Schultz.