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Yeah, I saw that. It was at .032, beginning this run and you were calling for it to drop to .025. Then you admitted that you needed another "correction" and run before you got in. Just admit that you missed the boat and quit screwing with the lighthouse trying to sink it. I know that extended trends are an anomaly in OTC, but they do happen and this had sunken way lower than reality and subsequent developments have shown it should have. Try to adapt.
What does that mean?
Daytraders whack the bid on the way out because they hope to pick it up again in the morning. Hold and add and let them wake up on the wrong side of the bid.
These guys could be hitting the ASK for another 5, 3 or even 1 more buck. We need to get the mid-sixties behind us to establish a new support level. PUSH IT!
New arrivals need to realize that this was consolidated very nicely this week and many are in at levels close to today's open. Give it a chance and we will easily see hundreds of percents before long.
Eric said he would give us news today and did! Read between the lines for a very optimistic view of where this company is headed. More apps, new acquisitions, projects on schedule and, I bet, more news soon. GLTYA
Yeah, some of them were in here early in the week saying desperate chit to get interest back over there. Hope they stay over there. Not you, Pimpin'.
I will take a stock that can build PPS and hold it over one that only pops for a second and then is sold on news. That way, I know that investors can see the real value and have done the supporting DD to reach that conclusion.
I agree wholeheartedly. It's bad enough that people are addicted to the PR teat but now they are whining for chocolate milk. Use your own brains, people. This is primed for a run.
MACD is still strong. Plenty of wind in these sails.
It's TEAMWORK Just like the shorts are using on us. CJ said he would explain later. I am in for much higher than this so, "no problem".
NP Locked @ $0.50
POW! They love this .055 wall they try to erect every time we get here. Time to do away with that once and for all. Buh bye 55
Looking good and we even have our own short interest represented on the board! I love the way they are loosening up with the news into the end of month cover time.
We have divergence and a MACD crossover today. The histogram is ready to grow on slappage. It's just mind over matter at this point. Add in that Eric will be PRing us tomorrow or next week at the latest and we have a reversal at hand. There are more people watching this than the hottest stocks out there today so all of the elements for a run exist if we want it enough. If an up trend is established already and a PR arrives, it will just get sweeter.
Opportunities will appear to form to acquire this stock. At any level, (even if it seems to be dropping) it will be more certain if you hit the ASK. That is not just BS pumping. Make up your mind if you can settle for a partial and make your offer accordingly. They may give you just 100 shares to lock your commission if you don't go for all or nothing. If you go for all or nothing, be generous and you will have more luck loading. With a tiny float like this it will appear to oscillate wildly, as the MMs writhe around, but don't expect that to mean there are adequate shares available. Because of these factors, flipping is likely to mean you won't get back in soon. Take that into account as well. As you can tell, holding is kind of fun here.
Don't step in the Bear pucky
That's not all, Stockupgirl. There is more, that we weren't going to mention but I would feel really bad if you had sold and then we got news. Expect it very soon. Just hold a bit longer if you can see your way clear. It's good, Hun. Eric has been talking is all and he is going to take care of us. I think I will definitely hold.
Get those shares from the few scared ones who just want to break even from the other day and we rock way high in the morning!
Desperately trying for more funds to add in here.
CLASSIC BEAR TRAP
Don't worry. A good close today and we see a 50 DMA crossover. Still highly doable for a massive run.
It's not a tank job. The trend is down and there are a lot of stuckholders who are off looking for other plays instead of just camping on a single board trying for some cheap shares because they can't find picks any other way. We will be back here when the time arrives. GLTYA
Tight, like it is now, means lots of interest. Ordinarily, a wide gap would mean low interest and not wanting to be stuck with shares but we know better in this case. So the real meaning of a wide gap is, "If you don't want to pay, go away."
Looks to me, like they are telegraphing the intention to dilute more. I did expect at least 2 billion more shares in the O\S. Curious how assets and liabilities are the same number (unaudited). "current" is a stretch, IMO. Whatever, the filing couldn't raise a bid. Splints on Davis' legs might.
What seems to be missing from the discussion is Fytton's virtual admission that the goal of the uplisting is to obtain financing. Of course, he won't dilute excessively in the pinks if he can avoid it. The shares would be worth much more once it gets to the OTC.BB....as collateral. Let's not put our heads in the sand. If he can't get that loan before the negative book value forces bankruptcy, this is mud.
The plan is: Uplist, PPS increase by massaging the banks and shareholders with some "bonus" news, and issue shares to secure the loans. Look at the bright side...Keep the price up and they might not dump them all at once.
The audits and filings costs will entail an entry in Liabilities, entitled "Loan from CEO" and of course a market cap increase of about $100,000.00 will be needed to cover that. If it is not there, the whole thing is probably pure bunk and submitting it to a lending institution would be a crime, unless he is willing to eat that expense forever. If it is in there, hopefully he can explain where the money came from to the satisfaction of all. I can see why he might feel like he is in a tight spot, right now. He is very lucky to have really loyal longs willing to fund all of these maneuvers in hopes that IGSM will eventually get down to business.
Yep, this may take some time.
Cheers!
P.S. I would like to hear how long some of the larger holders plan on holding into the OTC.BB.
Good Luck with the profits. Better now than on the end of day run.
Details about the spinoff were posted on the OTC yesterday.
http://www.otcmarkets.com/stock/PRPM/news?id=23333&b=y
PRPM announced a spin-off of NX Global, Inc. (NEGS) with a record date of 11/3/2010. PRPM will not be quoted ex-dividend
Oct 26, 2010
OTC Disclosure & News Service
New York, NY -
PRPM – Propalms, Inc. – announced a spin-off of One restricted share of NX Global, Inc. (NEGS) for every Thirty shares held of Propalms, Inc. (PRPM) with a record date of 11/3/2010. The pay date for this dividend is 12/9/2010 .
Additional Comments: Will not be quoted Ex.
Note: The above information was disseminated to Pink OTC Markets by FINRA
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.
Why would they not trade? My orders are accepted. No Ticker Symbol Change. Why would you talk crap about a R\S? Do you just post anything without proof or are you trying for cheaper shares?
I love the smell of desperation in the morning. Wannabes are running their little protection racket today. They are fighting for scraps and they want to scare the longs out of some shares for the next run. I'll hold to trips before that happens.
At least he confirmed why he needs the uplisting. Financing. I figured that out a long time ago. Ask me and I will spell it all out for you. It will take real guts to hold into that prospect.
I've heard the theory elsewhere, as well, but pretty much regarded it as last week's chart. Somebody posted a more up-to-date one right after it and it seemed to have higher resistance. If they took it down, on his say so, to around .03, then it shows they know less about this stock and charts than was already obvious. Charting a news stock or predicting MOMO is an iffy business. However, if people had .03 as the resistance to watch in their minds, holding at that level is a positive indicator if an uptrend returns from there. Very positive indeed. Momentum players look for just such a confirmation on a pullback. I'm not sure how many scaredy cats are that hip to what is happening. Connectivity, these days, has most sucking on the PR teat instead of thinking for themselves. Does no good at all to be the only sane person in the room. We will see in the morning. Good Luck All
Only a biased person could not admit that the long downtrend from the middle of last month has been broken. I has exited it's predominantly oversold state and begun trading freely again. It has made repeated juicy runs and it is holding the new support in spite of detractors constantly harping on so-called "unanswered questions". It will continue to run up and down because people are interested in it and the answers to those questions. Ironic that "mining" is a synonym for "bore", or to be dull, repetitive and tedious. Mining is all about getting answers to questions and people bet on it all the time. Once the mine is proven and producing the questions will continue because much is unseen. Mining is not for everybody or those who give up easily. They should be capable of blasting through walls much harder than three MMs on the .0055 ASK. Those who can't handle some risk should probably stick to buying stock in things like cheese makers. There are a closer-to-finite set of questions to be answered there and if they are really curious they can always stick their head up a cow's butt.
Read the IBox. They have issued several very good PRs since the demise of Big Apple. Clouds experienced a recent pullback because of the Equifix announcement of lowered expectations due to the lack of new small business growth. After the election, (read the real news), there is a good chance that optimism will return to this space. The strategic investor knows the world that he lives in and doesn't rely on PRs to sniff out a good play.
Thanks but I don't take pills from strangers.
No offense, but when somebody says, "Blah blah blah, BUT ...." The truth is what follows the "but". You give no indication of being long in what you say, which is fine. Truth is not a prerequisite of posting here but as that is the meat of your post, I am allowed to refute it. Each proclamation of being long and subsequent contradiction leads to increasing doubts of your veracity.
Congratulations on breaking that .0021 resistance. Eleven dollars well spent, IMO. If any of you new potential investors need help here, please ask me for the unvarnished truth.
It is to be expected. Some probably think the shares we will get will be coming out of their pokes but that was baked in a month ago. We already own the shares, they just need to be distributed to us.
No sellers. If there was no interest the bid would be at .0012. (Watch them read this and lower it now.) Right now, all you need to be an STGH long is time and patience. The slope has flattened and the 50 and 200 day could easily be moved in the same upward direction. Yesterday's bounce was on pretty good volume, relative to our recent average...bargain hunters. A little buying volume would reverse the trend at this point. Same with lots of pennies today.
More thought on the quietness and the recent announcement of the website development, leads me to think that the silence could be to protect us from the competition. It is a great idea and we need time to get it out there. We are small and in a big ocean. It's not too wise to flash our colors around, just yet.
Good Luck Friends
The Gelmons have been involved in entertainment before and successfully produced a television movie in Canada. I can't remember the name off hand but a search might turn it up. It was about a rock band. Good Luck Friends
I will be in here as soon as I complete another trade and I am not needing a trip zero entry point just to feel good about myself.