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The stock is being brought down on purpose......there is no other explanation for the constant dropping ask. There are holders of this stock that are toxic to it's existence but much money is being made on the way down in their hands. Unfortunate for PPCH. Any recovery from these levels will be very difficult...too many have been burned by the toxicity. Even those who would like to average down are looking at this as catching a very sharp falling knife.....there will be blood.
News his AM...concerning first dosing.
Thanks
I imagine that would have occurred in the time frame from the reverse split?
I have not followed the O/S for quite a while.....how heavy has dilution been in actual numbers...say, over the last year?
Looks like a tug of war going on between the shorts and the believers. Today's chart look like a bucksaw blade.
Jeeze....I feel for the poor buggers who bought in the $10's and $11's. Too bad the company can't step in and support the stock if it is a shorter.....that could bankrupt the dickhead and put him/her in a shelter house. What did you mean by a "beg" report, or is that just a misprint?
Board is suffering from necrosis.
Interesting sell off.......prying shares out of weak hands or is there a legitimate reason for it! Small volume considering the much higher buying price range in the last week or so.
Thanks for your insight.
Hey O'Brien. Have any concerns about this moving to lower lows, especially with tax loss season coming up quickly? I might add to my position if there is a reasonable possibility of some recovery in the new year.
Well, no complaints today.....hopefully the upward trend will continue. Maybe the rise has scared the shorts out of their "shorts".
Just look at the pattern of this stock over two years.....the toxic financing which I believe is still heavily involved. I know common sense isn't very common ( Voltaire ) but again look at what has happened over the past two years with this companies' stock. It has been a pattern of occasional rises always followed by severe drops, and I don't mean drops that stay flat but constantly seek new lows.
Any attempt at a rise and hold is promptly brought down. a Shorter will do everything in his/her power to keep this from rising, and subsequently loosing their "shorts", especially with access to millions of shares and negligible transaction costs.
Just another opportunity for the powers to abuse this stock. I am beginning to wonder if this will ever recover, considering the forces working against it.
What a crock of attempted manipulation ......two pre trades of 100 shares each to pull the price down .33c Are traders that stupid to be sucked in by such B/S?
Today's action is nothing short of manipulation.....there is no other explanation for it. Sasson must be still heavily short on this stock...and cannot afford to let it rise. There is a .16c spread from the high and the current low...that is not natural, it is forced.
It was $2.20 plus after the reverse split. If the shorts are caught in a large squeeze...that would make the stock rise considerably. The problem with stocks like this is that individuals with large holdings can always force the stock down, and manipulate it for their own purposes.
What's with those .40c and .45c trades.....that upward movement was halted pretty quickly! Is this being manipulated to hold the price down so shorters can protect themselves?
What is with the movement in this stock....it comes out of the gate with a nice rise and then is immediately pulled back...why would someone sell so much lower than the opening price....as if to cull any upward movement.....is this robot trading, or shorts trying to halt any upward movement?
Looks like there's a dumpster in the crowd.
This has to be pushed up to the .40c's to scare the shorts out of their "shorts". If and when that happens it could rise considerably higher. Large position holders have too much power over this stock at this price.
Wonder what took so long!
It is being manipulated up and down for the profit of a few. It will need a strong "maintained" upward rise to drive out the shorts. Very difficult to do with skittish holders of the stock....most likely the buyers in the thirties today sold when they saw that the rise would not be maintained...cut their losses and ran away.
Still a speculator/day trader/shorter dream. Bound in a range just enough to produce "little" pouches of money.
Pre reverse equivalent today=.00109c. RS for this stock was bad, so far. Difficult, but not impossible, to see this recovering. Maybe if they discover a remedy for "stupidity" they might have a chance..... considering how prevalent that problem is these days.
Looking not so good...falling off a cliff!
Stuck in the dumpster....not sure where this could end up if the market has a downward correction. Along with the meteoric market rise this stock has dropped off of a cliff.
Looks like manipulators and shorts getting a grip on this.
It appears there are interests who do not want this stock to rise.....whenever a rise is initiated a seller comes in to pull the price back down. How shorted is this stock, and are the usual worms like Sasson or Delafield still heavily involved?
It finally did fill!
It's still ALIVE....sort of!
I don't know what kind of B/S is going on here....I have had a bid in above the current bid for a couple of hours.....my bid doesn't even show but the lower bid gets filled. Looks like manipulators are in charge here.
Shakedown in progress.....for the past two years. The abyss awaits.
Jeesh....how many decimal places does one need to buy a chunk of this company....that's ridiculous. Three decimal places is more than enough. The KISS principle...Keep It Simple Stupid
Looking good....steady rise.
Check out "PTEEF". I have been in this company for 17 years...looks like it is finally being recognized for the diversified company it is.....they have done major work in Huston in the past in construction, but their multi point foundation systems could be in heavy demand for re construction. Interest has grown exponentially in the past month.
Looks like it might have......broke through $6.00
Major breakout for this company....highest stock price I have seen in years.
Fear drives the market today, so all the little players with no capital to back them up, sell and run for the hills.