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LOL!
wow, she is moving very nice! good day guys! congrats to all!
i wish i still had some!!!! these new guys look serious.
on a different note, it's funny hearing geithner say "no chance" on default...sounds like lehman hubris
...and I return to congratulate you ALL here today.
This goes to $3, I will be more than happy for every single one of you here.
And return to congratulate you all I will.
i'm in Plano. hard to buy shares at the more than the bid...
...i only got less that 50k so far...
that would be me...
make some space fellas!
Indeed you are correct, that is why I have said over and over again that the P&F is useful. If that is all you use to determine that PSPW is not a good investment, you would be half correct. When you add in the other factors, the P&F is very useful. When it turns negative, get out.
PSPW is a horrible investment because the CEO who was bringing the cash is gone. Durrant is a stockbroker not a seasoned energy industry leader. Finding credit now, after one bank already pulled out is a dream. Could it happen? Yes, however at a severe dilution. This is what happens to pennies. You should know this.
Durrant does not need anyone here's approval to dilute. You will be the last to know. I see people here on other boards where the float is less, the Co is making money and the prospects are great.
Solar panels, wind turbines...this is a seriously competitive industry. Tell me this, why would a country choose to use PSPW rather than a large company that has the resources to actually fund itself or has the collateral to get credit? PSPW loses money because right now they are an energy broker, a middle man. In economic turbulence middlemen are as useless as the value they add...they don't add value...but you already knew this.
sctts, how is posting a chart desperate?
seems that for a co making no money at .45 is rich.
you prove that balance is needed here so I will stick around thanks to you
You are correct, but it has served me well...and i'm not a newbie Sir.
This Co looks strong Plano.
Why so cheap? It's growing like mad.
3Power Energy Group Inc. (PSPW) Nasdaq BB
9-Sep-2011, 16:00 ET, daily, O:0.40 H:0.46 L:0.39 C:0.45 V:3,900 Chg:-0.01
Traditional, 3 box reversal chart
Prelim. Bearish Price Obj. (Revised): 0.00
P&F Pattern: Double Bottom Breakdown
http://stockcharts.com/webcgi/Pnf.asp?S=pspw&N=C
sctts, PSPW may be everything you HOPE
I see a a tough global credit emerging once again
you see that,
there is plenty of capital sitting on the sideline waiting to lend out.
Ed, I hope you make more than the $1M the Rudania (The real PSPW) guys paid themselves.
And if you do, I trust you respect the regular guy and how hard he works to earns a buck.
So if you do STAY ON TOPIC and address the facts, otherwise help yourself out
If PSPW was as good as you say it is with hype then what does it matter to you is I step out of the "Group Think" board?
Confidence is not shaken with one dissenter. You fly for a democracy right?
Thanks for the advice Teslin, much appreciated.
However, I don't move because you suggest it.
This board is not balanced at all. Think of me as the voice of common sense.
You certainly have the right idea sctts. Smart man.
Convince everyone with hard FACT david.
I'm surprised to see you in "Group Think" mode
You are 100% correct.
The bank was an Italian bank with loads of sovereign debt on it's books.
The Italian banks are notorious for throwing around money...example they were going to give a $50M credit to a Co that reverse merged with a shell. That caught my eye as bold.
Once Italy started having problems the $50M (probably) was withdrawn
This is what really gets me; Durrant is essentially a stockbroker. A stockbroker running a Company?
Looks like a hand full of people made money with the 8M shares at $2.50 when they sold.
I would really like to learn about the 8M shares and what happened to them and who got them because that is the reason this stock tanked. The insiders who unloaded made nice money.
This board should focus on learning about what happened to the 8M shares. When you don't get answers, the gig is up.
THINK people.
Seawind Int'l is the prize here. Speculation that it will become part of 3Power is just that, speculation. If the man bringing the $50M left, then I must ask why?
Yesterday someone posted (to me) that Europe was no big deal and that governments here and there having problems was the "norm".
Today the market headlines are:
Stocks plunge as worries about Europe intensify
The nonsense here about blindly following people who are clueless has reached a peak.
That's why I got out.
I followed the man with the $50M commitment. He is gone. Read between the lines.
As of it last filing, its assets consisted exclusively of $142 in cash.
The Eurozone is not in trouble
i have already said that i made a nice profit. my average cost was .18.
hope you got em b/c they are all gone! good luck bro!
I'm trying to give them to you Steel. the games they have played with this stock over the last few days is funny. hey, i could be wrong and you guys could be right. i will return to tell you i was wrong if that's the case don't worry about that, i take my lumps like a man. can't win them all.
doing DD is something that few people on these boards do.
i bought because of the 50M extension of credit. that meant something real could happen.
if david believes that the credit crunch in europe will not effect banks extending credit in eurozone or close to eurozone economies, then he is sadly mistaken and does not have a handle on the economics of global banking.
there is some serious turbulence ahead; not to realize that energy projects that require HUGE upfront costs are simply not going to be built. period.
thanks seven! good luck to you too Sir!
ok JEM i guess sticking your head in the sand and wishing things will get better is something that you are very comfortable with, which is perfectly fine.
trust me bud, i don't want anymore shares, i'm looking to sell the remaining 8033 shares and i can't at .40! what does that tell you?
and your point is? the euro is on the brink of a collapse. their banks are leverages as much as 44 to 1.
in the US we tend to address issues relatively quickly and we still have problems. the european contagion has begun. they can't shoot straight.
but if you believe that the euro is a stable currency then all the power to you david. you should invest in the euro and i will continue to buy it double short.
look, this co had a lot of pump. interestingly enough the pump was timed with the unloading of the 8M shares that you were trying to find. have you found them? they are in the accounts of the people who bought in at that price and averaged down.
the hookwink happened and you are still thinking this will get to $3. good luck david. i'll follow just to see how perceptions change as this continues to drop.
no problem. I sold some today at .43. yesterday i unloaded at .40 all day. hey, i hope everyone makes money. i'm just very cautious regarding europe and the issues that they have. my positions will now be focused on preservation of capital. glty!
thanks a_r. you are clearly a gentleman.
think what you want bud. i have a tiny amount left of this POS and my goal is to now warn investors.
this stock is terribly overvalued. not even if it goes to .10, which is a fair price, would i go back in.
The run is done people. wake up and smell the coffee.
it may be. maybe not. why would anyone not want another perspective? group think is really bad if you get caught up in it. try to think outside the box.
consider this, europe is up sh**s creek. every euro country is performing poorly. the euro is failing and the EU is now at risk. do you think that these countries, where PSPW seeks business, will continue to consider building projects that require huge sums of money? NO, i don't.
so what prospects does PSPW have? answer that question.
I doubt it. I've been unloading shares all week after nodummy's assessment.
The ~8M shares always concerned me and nodummy was right on.
This is turning out to be a way over valued penny stock. Without the 50M extension of credit PSPW has NOTHING.
Almost done unloading. I'll take whatever I can get as i'm up a decent amount.
If you are on the fence about selling, consider that this stock has seen it's best days. It has no customers and nothing but hype in it's pipeline.
Good luck.
what i like about nodummy is that he gives it to you straight. one of the top three posters on ihub. thank you.
maybe some news today...and someone couldn't keep their mouth shut at lunch?
i had to buy across all accounts today... .037 was a gift.
i'm long and like briscoe.
i don't like the flashy "personal" sites. don't like cv fluff and spelling error.
smart man. glad to have you here midas.
I respect your point but you are wrong. Chinese like dealing with the boss or one of them, not an EVP. This goes way back to old fashion respect and chain of command.
lbsr has shown us the ZTEM. we've got another ZTEM in the vault. if what you want is results consider this; whatever results would have been released a year ago would be worth considerably less than today. so for all the crying i hear from you, it seems that you just can't accept the facts as they are.
perhaps you need to take your thumb out of your mouth and put it where you think briscoe's got it. perhaps that will stop the S*** coming out of your mouth and ferment something more intelligent.
lol