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Your right leases can be renewed but with a State agency owning the tracks that needs to be a competitive process. What is the use of the lease if there is no freight to transport? How many customers are on this line if you know so much?
I want to see more freight in new England. Just trying to figure out what ural gets out of this besides a press release. They have no experience marketing fright rail according to their website just passenger service. Passenger service on this line is leased to two other railroads that are highly successful already.
As a rail fan this is a weird transaction. There state owns the rail line. There is only 1 customer. The line makes under $100k a year and part of that goes to the state for the lease. They had a locomotive and some track equipment which would be there only thing they are buying.
So awesome huh. Have you seen what the yearly revenue is for this line? Try under $100k a year. Has 1 customer which is 3m in Tilton. Only a few years left on a lease to use the line from the state. There is no way they will make there money back after paying for a crew, fuel and locomotive maintenance.
Are they holding orders?
I think there is going to be a R/M with Credit Karma whose CEO is Ken Lin. Looks like a prime candidate.
I guess someone needed the $0.45 that they got from that sale. It has to be manipulation. The other day the 911 shares then went through was worth even less.
With the transaction costs for most retail investors those low prices mean it was most likely MM's playing game.
I'm thinking this is ready for a move soon. Maybe this low price with entice some buyers.
Do you still think Frohman still owns a bunch of shares?
I still dont get it. What did Diehl buy then? Did he pay money just for the title of president of PFMS? Typically when you buy a shell you get a controlling number of shares. This is why I thought the A/S doubled right before Diehl aquired it.
No shares sold now in 2 days. I guess that is good and means most shares are in strong hands. The problem is we need some hits at the ask.
Is this the email from Diehl?
How doesnt he own any shares if he bought the shell? That doesnt make sense.
All we need is Deihl to release the float and O/S info and this thing will take off. We easily have 100 million shares locked up on this board. With a little pressure on the ask will help. Good thing nobody is desperate enough to sell at the bid of .0003
I did this list about two months ago. Not sure if people sold since then
Qty of Shares Holder
2,300,000 tootuc
2,000,000 futuremoves
18,000,000 icxc-nika
1,060,000 Mrboston151
1,969,999 Bill the thrill
750,000 soccer34k
466,000 DenverBruin
2,250,000 Vanbasten
14,050,000 scandinivia Viking
10,000,000 Sensitive
200,000 jjnfox
500,000 norskgutt
611,062 jmini
185,000 Spiritthing
2,000,000 dmerc
130,000 Joinfree
1,500,000 Poormantrying
1,025,000 Teto71
1,400,000 DCD2010
5,500,000 Klinsmann
1,200,000 Holdemtim
1,500,000 nohogs
1,750,000 lucyball
500,000 cnvegas
540,000 Whitebread15
71,387,061 Total
I sure hope he isnt diluting to buy a vineyard. Even if he owned all 1 billion shares then it would only be about $500,000. I dont know what vineyards go for but I am thinking way more then that.
This is still MM playing games. Today was the fake short cover before they let it run.
I wasnt thinking of buying this. I was going to try and short it. I missed my chance yesterday in the upper 20's. I am keeping this on my radar.
I think it will be in triple digits within 2 weeks.
What is your target entry and exit?
This is the MM fake cover. 50 million shares in one day is alot for PFMS. The MM want us to think that they just covered all there shorts. I think they covered some but not all the short postions out there.
Hold strong and one PR and this thing will take off.
Dilution is never a good thing. But most penny stock guys put out a PR first before they dilute so they get more money.
High volume and we are at .0006 whats going on? I thought the bottom was at 0007
Did someone just buy 1.3 million shares premarket?
Has anyone tried contacting the new owner and getting an updated share structure? We have been speculating for months the float was in the low 100 million range. If thats the case and the accumulation is around 400 million this will fly quick.
When does the short squeeze start?
They were heavily shorting this stock for months we are way oversold.
Dont the MM's know that the shake doesnt work on PFMS. From what I can tell the volume today is mostly buys.
Its obvious the MM's dont want to cover above .0012. Check out the acumulation chart is off the scale. They have been careslessly naked shorting this stock for months now.
One hint of news will start the short squeeze.
I wont sell my shares this low but i bet if you put some for sale at .0013 they would take them.
I agree we need bid support. I think we have been getting a little help at .0011. 3 days in a row I think we closed even. We need more slaps at the ask to move up. Someone loaded up big time today.
The word is getting out. This is better then those other diluted stocks. No dilution going on here.
Isn't that like $110 dollars worth of bid whacks. Seems funny with 6 million in volume today the $110 in bid whacks kept us even.
The MM are playing more and more games now. That I think is a good sign.
I personally think that the float is locked on this. Check out the accumulation on the charts is crazy. A lot of the shares in our tight hands are shorted shares.
The MM need to cover so they are trying there hardest to keep this down. All we need is volume. They cant keep it down forever. They will wait us out though unless we get news then they will be forced to cover.
Out of all my stocks this is by far better then some of those other diluted pos that I am playing. We already know the MM's cant keep this down so the downside risk is low.
Do you know what the AS is?
Someone is loading up big time here. This should run with just a little more volume.
We broke the the mini wall at .0011. The gap is closed. This is ready to rock and roll. Just need about 20 million in volume and we are over .0020.
50,000 just went through at .001 was that a buy or sell? I think they shorted 50,000 more shares so they go downtick the ask.
Most people have sold and moved on. I am hanging around for another bounce play. We just need the fricken news that we were promised. It is now the end of June. The middle has come and gone.
Doug just needs to sit tight and get this deal signed so he can PR it. Any fluff PR's and we go back down.
The MM's should have learned by now we arent selling. The insist on keep doing the shake.
The float is almost locked here imho. The have been naked shorting for over a month now and they will do whatever it takes to keep this thing down below .0015. I beleive 75% of there shorting took place between .0015 and .0018 so they need to cover less then that.
Who the hell bought or sold 500 shares this morning for a whopping 50 cents?
The gap has been filled. This is ready to go.
Etrade shows the same thing. Etrade shows that the stock is down to .0005 with no volume sold whats up with that?
Anyone know what the current AS, OS and Float is on this stock. Seems like it should be much higher then the current price with the merger news back in april.
13's were up on the ask at the end of the day. Next week will be key.
How do they see the stop loss? I know they try to trigger them but I wasnt aware that they could see them.
I know they can see my sell order at .01 that I have in but I was sure they couldnt see a stop loss.
This is the most exciting this stock has been since I joined months ago.
I hate bidwhackers if they just sold at the ask they would have gotten more money and the stock would have been in better shape.
Hopefully those shares are in stronger hands now.
This is getting crazy today. A boat load of shares just went through at .0009 was this a sale or a buy?
Ask is back to .0012 now after those shares went through at .0009
So they wanted to gap down to get more cheap shares for some reason. I smell something brewing.
This a unknown stock and most of the shares belong to longs on this board. I think whenever we see a bid whack on PFMS that its the MM naked shorting. I highly doubt it was a flipper selling as there wasnt a big spread for a daytrader to make money off of yet. I just wish I was averaged down but I am out of disposable income.
I almost want to bid whack to get it back to .009.
Whoever sold at .008 is an idiot because two minutes later they raised the bid back to .009.
For some reason the MM feel the need to play with this today. Friday is usually a very quiet day for PFMS
Could this volitality be leading up to something? The MM are all over the place on this one.