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The only thing it would take to get it green again would be a buy at the ask and then it would be at what the ask was. This thing moves up bucketloads on even small buys. I've got a little extra money left over today as well. I bought some more last week and if I can get some, I'll try for some more today as well.
JR
Yea, it flew near 200% last week on one day of 1,000,000 volume, and that's it. Get some serious interest in this thing and we will see 3 cents again with ease. Get a reverse merger on this baby, and the sky's the limit. I'm holding mine and may pick up some more today.
GLTY
Hmm, two quick 5,000 share trades at the bid. Looks like someone wants the price to go down again to grab some cheap shares.
I hear you man. I'd love to see this thing get Reverse Merged into by a real company. We would all be rich! :)
GLTY!
Johnny
It's already been "alive" once and it ran like crazy to 3 cents in 3 days (3000% gain). That was when it became reinstated and that was when I bought it. Usually when a company gets reinstated like this and it's just a shell, the people that own it intend to do something with it or they wouldn't have payed the money to reinstate it for nothing. That's why I'm trying to get as much of it as possible and I'll be happy just waiting.
We had another good day today. No volume, true, but that also means no one wanted to dump and the price stayed where it was.
I think people are holding now that they've seen this thing jump out of its dormant state. I myself wonder if something is going on that we just don't know about yet.
JR
BNYN - As for this one, I would stay away as well. They authorised the increase of the A/S when I owned this stock to 40 Billion I believe. No hope for this stock.
Trade at your own risk!
JR
TGLI - I would stay away from this one Chapter 11. I use to own it. They are a huge R/S offender. Went from 0.0001 (Did a 1:600 RS) and was at 0.06, then dropped back down to 0.0001.
I would advise anyone even remotely considering this stock to think twice unless you absolutely know what you are doing.
Just trying to help out :)
JR
I hear you man. I hope interest starts gaining in this thing again because it moves with hardly any volume at all. The float is so small that it justifies those moves.
GL
Sweet!!! For the second day in a row we closed above the previous high. The chart is starting to look good and may draw some more attention now.
Have a good weekend all. I'm going to keep up my hope that something big is on its way.
JR
I hear you man. Of all the pinks I've owned over the past two years, I'm actually still holding onto this one and it's done the least. I just think that something will happen and I want to be there when it does :)
DFLY, I saw that PLSO was one of your picks before and it ran pretty damn good. I've been in PLSO for awhile and yesterday, it picked up substantial volume out of nowhere. Just letting you guys know to keep an eye on it. Something could be in the works, I hope ;)
GLTYA!
JR
PLSO - Some more action again this morning.
Looks like a battle is going on. The MM's want to bring it down, but someone is buying it up at the same time.
I'm confused... haha
Hell, I hope that someone is quietly loading up. That means someone knows something I don't. And I love being a part of something like that :)
As for USSE, yea, you are right. So what if it sucks now. Lots of people made huge profits on that bad boy and that's what this is all about, right?
Same here about the cash... all mines tied up in FOREX right now >.<
GLTY
JR
Does anyone know of a way to get ahold of Grosman?
Back when I first got this stock, I tried calling a number I found of his but it was his lawyer's. I tried asking about what his intentions were for PLSO and the lawyer was pretty tight-lipped about it. He didn't even sound like he wanted to discuss it at all. So, we'll see I guess. If anyone comes across any information, please post it here! I will do the same.
JR
I think if we see some more buying today, something might be up. Why would you buy if there wasn't? HAHA, this thing hasn't moved since it was reinstated :)
Good luck to us!
Yea, it has been in default since the end of October 2007. However, that really means absolutely nothing. If and when they file the paperwork, everything will be cleared up and this stock will blow up. That's what I'm going for :)
PLSO made a move yesterday. Extremely low floater and moves on nothing. I hope something is up with it. Movement today could confirm that.
JR
I've still got mine too! And I'm hoping we don't need rumor for this one :)
Been waiting almost a year and a half for this bad boy to wake up. I just hope our day is nigh!
Good luck to you guys!
JR
Awesome!!! I'll take that close any day over what we had :)
Let's wait and see (like we always have).
Something big could be coming our way!
Good luck to anyone holding this (including myself)
Later
Very interesting day to say the least!!!
I've got to get back to work for now, but keep an eye out on this one. This thing may have just awakened!
Later guys
JR
PLSO is by no means a buy recommendation from me. I'm just trying to figure out what is going on with it. It hasn't had this much daily volume in over a year! Something could be going on.
JR
I wish I had some more money available :( Right now, everything else I have is tied up in FOREX or I'd be buying some more right now!
GLTY!
I'm glad your the new mod of the PLSO board. You've brought good luck already :)
I don't think PLSO has had this much volume since it's last run over a year ago! I got mine and still holding :)
HAHA, I don't think this stock has had this much volume in over a year!!! Something might be going on behind the scenes.
JR
HAHA, why do I always hear so many people saying that Scottrade restrict this, scottrade restrict that? Glad I'm with TD :)
Two more buys at the ask for PLSO! What do you see Chapter 11? I don't have the sophisticated trading equipment you do :)
GLTY!
JR
Another buy at the ask! I'm starting to wonder here... I've had this thing for near a year and a half waiting on it to bring something fruitful my way. Who knows, maybe it's closer than I think :)
GLTY!
JR
HDOG, I saw that you became the new moderator of the PLSO board. Just thought I'd let you know it upticked a bit today for whatever reason (It hasn't done that in quite awhile). Might be something to keep an eye on.
GLTA in your trades today!
JR
Chapter 11, just thought I'd let you know about PLSO. I've held onto my share of it for nearly a year and a half now. Very low floater and moves very quickly. I just happened to glance at it today and it upticked a decent amount, something it hasn't done in awhile.
Well, anyway, GLTA in your trading today!
JR
What's going on here? I'm still holding my share, but what's up with it moving up just now? Anybody know anything or heard anything? I haven't seen it at this price since Jan or Feb... But then again, this thing can move wherever it feels like moving just like that.
Thanks for any info.
JR
Investigators: Millions in Iraq contracts never finished
Mon, Apr 28 2008, 12:28 GMT
http://www.afxnews.com
WASHINGTON (AP) - Millions of dollars of lucrative Iraq reconstruction contracts were never finished because of excessive delays, poor performance or other factors, including failed projects that are being falsely described by the U.S. government as complete, federal investigators say.
The audit released Sunday by Stuart Bowen Jr., the special inspector general for Iraq reconstruction, provides the latest snapshot of an uneven reconstruction effort that has cost U.S. taxpayers more than $100 billion. It also comes as several lawmakers have said they want the Iraqis to pick up more of the cost of reconstruction.
The special IG's review of 47,321 reconstruction projects worth billions of dollars found that at least 855 contracts were terminated by U.S. officials before their completion, primarily because of unforeseen factors such as violence and excessive costs. About 112 of those agreements were ended specifically because of the contractors' actual or anticipated poor performance.
In addition, the audit said many reconstruction projects were being described as complete or otherwise successful when they were not. In one case, the U.S. Agency for International Development contracted with Bechtel Corp. in 2004 to construct a $50 million children's hospital in Basra, only to "essentially terminate" the project in 2006 because of monthslong delays.
But rather than terminate the project, U.S. officials modified the contract to change the scope of the work. As a result, a U.S. database of Iraq reconstruction contracts shows the project as complete "when in fact the hospital was only 35 percent complete when work was stopped," said investigators in describing the practice of "descoping" as frequent.
"Descoping is an appropriate process but does mask problem projects to the extent they occur," the audit states.
Responding, USAID in the report said it disagreed that its descoping of the hospital project was "effectively a contract termination," but that it had changed the work because of escalating costs and security problems. Mark Tokola, the director of the Iraq transition assistance office, also responded that the database the IG's office reviewed of Iraq reconstruction contracts was incomplete.
Bowen's office said its review was preliminary and that it planned follow-up reviews to investigate descoping more closely. Investigators said they were also looking into whether contractors whose projects were terminated by the U.S. government due to inadequate performance might have been awarded new contracts later despite their poor records.
Investigators said the database they reviewed lacked full data on projects such as those done by USAID, the State Department, and those completed before 2006. But they said the figures cited in the report offered a baseline in terms of unfinished Iraq reconstruction contracts.
"Adding contract terminations from these (other) sources would certainly raise the number of terminated projects," the report states.
The audit comes amid renewed focus in recent months on potential abuse in contracting government-wide, such as Iraq reconstruction. Last year, congressional investigators said as much as $10 billion -- or one in six dollars -- charged by U.S. contractors for Iraq reconstruction were questionable or unsupported, and warned that significantly more taxpayer money was at risk.
In recent weeks, Sen. Ben Nelson, D-Neb., has been working with Sen. Evan Bayh, D-Ind., and Susan Collins, R-Maine, on legislation that would restrict future reconstruction dollars to loans instead of grants; require that Baghdad pay for fuel used by American troops and take over U.S. payments to predominantly Sunni fighters in the Awakening movement.
Danielle Brian, executive director of the watchdog group Project on Government Oversight, said the latest audit report points to significant U.S. taxpayer waste in current reconstruction efforts.
"The report paints a depressing picture of money being poured into failed Iraq reconstruction projects -- contractors are killed, projects are blown up just before being completed, or the contractor just stops doing the work," she said.
Hey, here's a question for all of you bashers.
What is the freaking point? You act like you want to "short" the Dinar as if it were even possible? Why do you even care to be posting here? Isn't there something better you can do with your time? Do you really not have a life or friends, that you have to be posting on here everyday to get some kind of satisfaction or fulfillment in your lives?
And you, the people that do own dinars that are now like "BS BS BS", or "man, you are FOS!!", why do you even bother telling people that, if you were the one who bought dinars in the first place? It's almost like buying a stock and then bashing it into submission only to realize at the end that you had no idea what you were doing or why.
This is a place for discussion, not accusations.
I have Dinar, and I don't care what anyone says about it. I made this gamble and I'll live with it if it falls through.
JR
Gunmen Blow Up Another Oil Pipeline in Southern Iraq
http://www.foxnews.com/story/0,2933,342110,00.html
Not good guys. But on the other hand, I'm hoping for all Iraqi's that this operation in Basra can gain some ground against all the insurgents and Iranian backed SG's. Maybe Sadr will be killed or captured... how's that sound ;)
Yea, well, you've just confirmed my point then. If no news presents itself about the financing deal being done, this thing will "move on air" straight back to its earlier lows around 0.001 or even lower.
What is this, opposite day? Do you say the opposite of what is happening? This thing isn't moving up on air, it's done nothing but move down over the last 4 trading days. And if it does move up a couple of points to 0.0032, it's just part of the falling process.
-JR
Where do you get 5 green days in a row? The last green day was last monday. The rest of the days ended in the red, just like I called it. LLEG is a good stock to own, but not until there is a done deal on the financing. Until we get good news like that, this thing will tank, then come back up in little spurts, and then tank again.
-JR
No, I don't want it to dip, it WILL dip. It's inevitable unless there is news. Once the pumpers stop their pumping and have their profits, it will be back to where it was before. I could care less whether it dips or not. I had to liquidate my position for other reasons, so I was just glad to break even. Don't get me wrong, LLEG has great upside potential in the future with their green energy endeavors.
I just don't see anything happening until we hear some substantial news.
Umm, noooo. I assume you haven't seen the movie Starship Troopers. In which case, you are just weird =P
Thanks. I've been busy trying to learn the ways of the FOREX market, that's the main reason I haven't posted in so long. But it's good to be back and see some positive news for once.