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Every stock has its turn, and ours is coming. Those selling now for ones will be back...I can't blame them for wanting to take their money elsewhere, however, I don't advise it. Literally, at anytime, this stock can explode with good news. Why take that chance?
Sure, its a little quiet on the home front right now, but LOOK AT THE BID! That shows you this is rock solid and investors do believe in the long term vitality of the company. I've been playing these types of penny stocks for nearly 15 years now. It takes time to get a company up and profitable when starting new ventures. However, when the company is legit, its worth all the waiting.
Hold strong! Good things will come!
There is only roughly 70m left at.0003s, which could easily be taken out. We're not far from moving up. Steady buying over the last few days has chipped away at the 3's nicely. Nearly all buys this morning. With a small incentive to buy, we will fly.
We need a PR that talks share cancellation.....that would get us going again. We have an excellent company, alot going for it, and huge potential. We need something solid though that investors can sink their teeth into. But at the moment, I would be happy with a tweet...lol...just something to get the volume built up again...It will come, and those that buy in now are going to be ahead of the game...News could break anytime IN MY OPINION.
For any people who are new to PKGM and have been wasting their time reading the last 40 posts on here, lets keep it simple. There is massive bid support in the 1.1 billion of shares wanting to be bought. This is a company that regularly communicates with its shareholders, is launching a new market, and has a vision for where the company is heading.
If you have any doubts, Vapedog has done tremendous research on the company, so look for those posts. Yes, we feel the company is selling shares to raise capital in order to finance its new direction, and that does take a toll on the momentum pps swings. However, once they have that money raised, the shareholder base of PKGM has expanded, and with that, the price will rise as well. Get in while you can, because once its ready to roll, it will move fast. imo.
That is probably true, however, I think what kills the runs is when someone, could be the company, but hard to prove, dumps blocks of 50m, 65m, and higher all at once. It's hard to absorb those share blocks being sold when a run is transpiring.
Me to! Just made a bundle off of VTNL and ready to roll some back into PKGM! Would love to grab some 1's.
Vapedog, every time you make a post, I end up buying more shares. I'll own the OS soon at this rate!
Absolutely, they know they are onto something good and I love this line, "It’s important for a shareholder to note though that we are on track, on plan and we do what we say we will.”
That is confidence, and while that can be faked, I believe they are making progress, and the language they used sounds authentically excited. Too many statements were made in this PR that can actually be researched and fact checked, as Vapedog has done a superb job doing. It's becoming more transparent with each PR. They are onto something, and they know it. It is only a matter of time before the pps follows the growth of the company.
I was on the fence this morning about whether to sell or hold, especially when I saw some huge sells coming in before the PR. But, after digesting the PR for a few hours, I am excited and believe this is a company worth investing in for the long haul.
Somebody likes what they are reading in the PR's. the bid keeps building too.
Some of us are still holding our 10's of millions of shares in certs. Nice to meet another fellow shareholder 13 years later. :)
I like it. It wasn't numbers, but it was vision. This is now a long term play. It will take a a few weeks for solid results to com in from the the 48 rigs. However, if the 48 rigs produce excellent revenue, the ramp up to 2000 rigs is money in the bank. I am convinced a little more that hits is a real start up company and I won't be selling at this point.
This is their last chance to keep my business. Who keeps dumping every time we are building momentum. If that PR isn't holding anything of value this time, I'm out. I want to believe this company is building, but its too coincidental that the dumping keeps happening right when they tweet out about news.
If the PR tomorrow doesn't contain any real substance, there will be a massive exodus. This is the 3rd time we have gotten close to breaking out with hopes of news. They had better deliver something good tomorrow, or I will have no choice but to believe their tweets are simply pumping so they can sell.
That's exactly how I look at it. I have a website that sells digital media...I don't have to do a thing anymore...so I am simply rolling over profits from that site into this stock....and I'll keep doing so.
People cam say what they feel about PKGM, but when it comes down to it, there is a 1.3 billion share bid. Alot of the stocks that are "Hot" right now, don't even come close to this type of support. Get in now, because it will go up!
I have no doubt we will back in the .0003s soon. This was still really positive news, however, it wasn't exactly what the short term investors were looking for. The company is building a foundation that will set it up for huge success in the future. Let these big guys dump their 50m share blocks as they did yesterday. The small investors are soaking up those blocks, so eventually, this stock will be solely owned by the little investor with 5-10 mill a piece and not wanting to sell until a higher price is reached. Hang tight, we'll be back in business in a few days, regardless of news. This is a solid company, and with time, the pps will move up because people want a piece of the action.
For people who know anything about business, subscription based models are incredible for making money!!! This is massive revenue stream. Don't let the ignorant make their voices heard. Huge PR! While it make not address the AS, OS, or something to that degree, this is big for long term sustainability.
I couldn't help myself to pick up another 3.63 million shares. If it stays this cheap again next week, I'll probably do the same again. Each week, adding slowly.
It appears that 73m share block at the end of the day was a buy, according to the trades.
I just picked up another 750,000. Very pleased! If they lower the price, I'll keep buying them!
The bid adds about a million share every minute....
I am noticing a few good things over in IDGC. I'll be buying a few million shares Monday morning. I like what I see.
Picked up another 2M at .0002. Very happy with my holdings now.
Aren't most of those trades at .0002's all sells? I would love to be reading this wrong.
All those shares on the bid price are going to miss out. Better to be in and pay a slightly higher price, than miss the beginning completely because of trying to get the lowest possible price....correct me if I am wrong, but the only trades at .0002 have been sells. Time to step up!
Added to my position with another 460K...
Just joined the ranks! Bought 650K at .0003. Let's hope this goes up!
That's a good point. there were several big blocks of shares sold today...and some of it could be due to the uncertainty of the SOTU speech. However, if the president remotely hints of a positive future for mj, we should be in the green tomorrow with new investors willing to take a risk.
It will easily hold the .01's It will prolly drift lower until substantial news factors in, or earnings reports.
People go to where the action is. The action is elsewhere for the moment. When PHOT was trading 100m share per day, the activity was here. I found the stock through the most active penny stock websites. I am actually surprised how well its holding above the .02 cent mark for having dismal volume. PHOT has the ability to move up quickly with little buying pressure. Once that pressure returns, this will rise rapidly. Right now there is simply no buying pressure to push it in an upwards direction.
It opened at .0190.down .003 or so. Thankfully it didn't stay down there for more than a few seconds.
I keep thinking one of these days the the sellers will have, for the most part dried up. We were doing well before noon, and then sellers came back again. I am impressed with how fast PHOT can move once the buying level increases.
That is a great recap. I was excited yesterday because I thought the sellers were mostly gone, then all of a sudden a huge sell of mid afternoon. I was confident it was moving up yesterday too. Lots of strong buys coming in now, but same thing happened yesterday. We'll see.
Nice work! I bought high and am duck taping my hands to my chair to not sell low. PHOT is showing some excellent resilience. Yes, it is dropping each day since I've bought in, however, I feel there is a good support level and at some point the selling will dry up.
If they do have positive earnings with renewed efforts to become more profitable, they may consider buying back a block of shares and retiring them. Reverse splits are more common with stocks in the sub pennies. I have owned multiple stocks that did RS and it just killed it every time, but those stocks were all .0002 - .001. Hopefully this company knows better.
I am stuck in the low .03's. Debating whether to cut my losses, or believe that the selling is nearly over and it will eventually tick up....
Wow, we got screwed. Never seen volume like this before. I was warned not to play the sub penny stocks and took the chance anyway. Foolish decision.
Nice purchases at .0002 going through.
Nice buys this morning. Shouldn't take too many of these to get us moving up. Compared to the last 2 days of trading, this is encouraging. People could be taking position in anticipation of news.
Doesn't take much to move this thing in the right direction. A few more buys and we could see a happy Memorial Day!