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Thanks for the clarification. I will be adding as well. I want to at least double my current position. I'm long, btw.
Huh? You're trying to prevent people from buying? I mentioned that the post you're referencing was meant for another board. I don't consider this the bottom of PGEI. I bought here because there appears to be strong support at these levels. Not sure why I'm sensing hostility when I'm a buyer, but to each his own.
My most profitable plays have been those in which longs have controlled the float. I currently own 3 million shares. Think about this: It would only take 100 people with 3 million shares to lock up the entire a/s if it were maxed out. Some here own far more shares than I do. With this kind of accumulation going on, it won't be long before longs (those who see several pennies, maybe even silver, on the horizon) own most of the shares. Good luck getting shares when that happens!
Oh, man, it's late. I'm posting on the wrong board... lol. I don't own 3 million shares of PGEI... just starting my position here... but everything else I posted holds true of PGEI as well. Showing lots of support here and is the reason I jumped in at these levels.
Even the technicals say so. I plan to continue bottom fishing until then. I just hope I can grab a couple million more shares at these levels.
My most profitable plays have been those in which longs have controlled the float. I currently own 3 million shares. Think about this: It would only take 100 people with 3 million shares to lock up the entire a/s if it were maxed out. Some here own far more shares than I do. With this kind of accumulation going on, it won't be long before longs (those who see several pennies, maybe even silver, on the horizon) own most of the shares. Good luck getting shares when that happens!
The reason these low float trips fly is because at these prices, people can buy millions and millions of shares. Once demand hits, the supply dries up fast! To give you an idea, think about this... it would only take 50 people buying 10 million shares each to buy up all of the available shares. Of course, as demand increases, so will the price, and it will take more than 50 people to own all the shares, but I'm just illustrating how few shares there really are at these prices. Buy when no one else is looking and enjoy watching the chase. ??
One man's trash is another man's treasure. lol. I was shocked to see my cheapie order fill. If anyone else wants to throw shares away, I'll be happy to pick them up while we wait for the BOOM!
Why would I want the stock to move up when I'm trying to accumulate cheap shares? lol. No one can single-handedly move a stock anyway. Don't worry... when we get volume, this stock will fly. It moves on air. Just accumulate while we wait for news.
They filled me at the close. I had an order for a million shares on the bid at .0016 for awhile. They gave me one share (and charged full commission... lol... then let the rest of the order sit there until a couple minutes before the close). Why would anyone make that up?
Nice! I added a million at .0016, and I'm not done.
No worries! Any shares in this range will look dirt cheap beginning next week!
I picked up some today too. Accumulating as much as I can here. I think shares will soon be locked up. There aren't that many to go around. Just look at the spread lately.
Nice close! Set up nicely for next week's run!
Look at that spread...
Yep! Setting up here for the next leg up!
No doubt! Fully loaded now, but I'll scoop up more shares if people want to give them away!
People should have gotten those .0003s when they were available. .0004s will be gone soon too.
Glad we're getting rid of these amateur bidwhackers. Shares going into better hands.
It won't take much. This one trades thin!
I agree. It's better to be in with cheapies now than to chase later on.
Whoa! Super cheapies filled this morning while I was gone! I'm ready for next week.
This one's a no-brainer... multibagger! Smart people buy before news. Amateurs will be chasing.
I agree! I bought a boatload of .0001!
Great stuff, MFN. Need to get the word out!
Me too. Will add a few more if people wanna get silly.
Wow, that's crazy! Has anyone done a count to see how many shares are owned just by this board?
In at .0016. I like the look of this one.
.0003s almost gone... a little more than $1000 worth left.
I can't believe you had to explain that!
Multibaggers are worth the wait. In fact, they are my plays of choice. Buy and wait... no hassles, no stress.
What happened to the bid whacker? I'm waiting for more cheapies. lol
LOL... guess who's going to be chasing soon? It's not as if you didn't have plenty of time during this consolidation phase to buy, so serves you right!
It looks like insiders bought at .0035 after .004 conversions. My guess is they expect those shares to make a profit.
Exactly! .0003 is the new bottom.
Yep! Fully loaded here!
Looks like selling is done. If so, there aren't any more .0001s to buy unless some impatient shareholders sell their shares.
I've been watching this one for about a week. It looks like conversions might be done, so I bought some shares yesterday.
Nice day!!!
Seller's remorse is gonna be settin' in real soon!