Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
all this selling and no buying. who the heck is buy it all?
there are 1000's of dumb or new traders out there that don't do their dd before buying. they read a story, look at the share price and buy without any knowledge of the stock.
you got that right...to much liquidity! the pps has no chance of moving up with millions of shares being offered to a tiny group of investors or 1000's of day traders coming and going each day.
this is about the only thing they got right out of that statement!
"However, there is no guaranty that the stock dividend will result in any increase in liquidity whatsoever."
that could be true. however, they could have achieved the same thing with preferred stock, instead of putting millions of additional shares on the streets.
no. why?
what was the purpose of the 3-1 split before the reverse merger? why would they want more shares of common stock in the float?
the pps dropped to a more desirable level, but it also put too many shares of stock on the streets. the reason we can't get this thing moving forward is the demand for the stock is far less than what is available.
like someone posted on the facebook page, pgi needs to buy back some of its stock. $650K would take 200M shares off the market. if that happen, we would see this thing begin to move as the demand began to balance out with the shares available.
its not like pgi would be losing anything on its balance sheet. the stock would still have value and could be offered again at some point for financing once the pps reaches its true value.
bottom-line is pgi's comment about not having the ability to improve the pps is an untrue comment. they need to balance out the share to buyer ratio.
however, doing a reverse split would not only be meaningless, it would destroy the company. the pps would be right back below a penny within a day of the split and hundreds of loyal investors would be fuming!
pgi loves to make surprise news releases, so don't count that out.
one reason they probably do that is to make sure they don't manipulate the market when investors are expecting news.
i think were going have some nice news soon. maybe from the new public relations group.
the info i received probably reflected the new buyer and that deal is ongoing. i'm quite sure pgi would not make the same mistake twice in regard to the transport and delivery of the fuel. that is most likely part of any new contract.
not to mention, pgi isn't going to set themselves up again by making statements about fuel deal closings. i doubt you will ever hear that again from them. the only time we'll know fuel is sold will be by the earnings report they file quarterly
was jose name always written like this? if you go back now through pr, they all are spelled like this.
JoseI I. ColoIn
the party that is purchasing the fuel
this is a shareholders page for positron. when news or events are released its posted here almost immediately. for facebook users, its pretty convenient
http://www.facebook.com/positronshareholders.posc
tell us what it is bigboob!..tell us!!
wouldn't that be insider trading?
insiders can only receive new stock as compensation incentives or through employee stock options. their selling abilities are also restricted. buying or sell outside of the companies distribution agent and/or knowledge would be considered insider trading.
insider trading:
http://en.wikipedia.org/wiki/Insider_trading
what difference does it make to them what the pps is? its not an ipo, so they're not going to collect money if it gains in value.
their personal stake in the company will be worth more, but they can't sell without losing control of the company.
unless they intend to dump more shares into the market, they really have no incentive to drive the pps up quickly. perhaps that's why they don't see the urgency like some of you do?
guess not
it happens all the time. i've seen many companies who failed to follow through on things, which ends up costing investors money, and now the stock is dead. no matter what they do, no one has any interest. its like crying wolf. pretty soon no one listens or cares.
since feb, this company has been nothing but promises and let downs.
there company motto should be "we over promise and under deliver"
2 1/2 weeks and not even an update on the deals. soon, no matter what they release to the public, it will have zero impact on the pps. investor will lose interest and never look back.
how long has it been since gandy said "should close this week"? must be a serious issue to have delayed it this long.
pgi is quickly losing any credibility they may have had. the next big disappointment is going to be the Q2, when it fails to show the amount of revenue they alluded to a few weeks ago.
what are you going to ask?
i hear ya. although i'm not sure what they can directly do to raise the pps. they can't force people to buy the stock and they have to be very careful not to create hype or a p&d situation.
i think gandy regrets saying another about the two fuel deal closings. i think he wanted to assure shareholders that good things were coming, but neglected to realize that he should not discuss info with shareholders unless those deals are complete. he made a mistake, but hopefully he learns from that.
jose should be returning your calls or writing you back, but im quite sure he's being hammered with questions that he simply does not have answers to. ???
what is it you want to know when you talk to him? obviously they haven't finalized the deals yet or are not prepared to release any info.
the more people who call, the more time they are spending dealing with that and not on closing the deals.
what more can they tell you? dont get bent out of shape. im just asking.
that's unlike jose. he usually writes back with some kind of response.
anyone live near by the office? if so, you should go there and see what's up?
jose hasn't posted anything in days. i wonder if he's still doing the pr?
gettin ugly. but i doubt we go below .004
i heard the deal is done. the transport issue resolved. i hope we get some news soon. they might wait until Q2??
still holding over 5M shares. its not a day trade for me. im in for the long haul.
so, who was telling me last week that it wouldnt hit .0045? said there was too much new buyer resistance at .006.
looks like you forgot about all the stop loss triggers!
hay! bigboob resembles that?
there you go. 2m shares. does that make bigboob happy.
i trust them because im smart enough not to be caught on top. i buy low and sell high. i study the stocks history before i purchase. if you buy company stock solely based on some news article you read, then you are going to lose big time.
try contacting apple, covidien, gm, etc and see if you get any answers about pending deals, agreements or partnerships.
i think pgi has been well connected with its shareholders.
two scheduled conf calls
a q1 filing
seems kind of pointless for them to dump at these levels. wouldn't they be better served to wait until the pps is higher?
i just think investors don't want to wait and after sitting idle for a few days, they sell out and move on.
as for the mention of the fuel deals during the conf call and the possibility of that being a p&d attempt. i highly doubt it. if you listen to the call, you would know that the statement was made off the cuff. it was gandy's answer to a question, that he probably never intend to mention.
not to change the subject, but i don't see how on earth they can possibly reach ariel doolittle's projected earnings estimate for the russian oil deal of $650M in twelve months?
that in itself is a huge public relations blunder!
well, if that's true, then they are traveling down a very dangerous road.
some members of pgi's upper management have a lot to lose, so its hard for me to believe they would take that risk. why would you jeopardize 6-8 years of higher education and a promising career to run a p&d scam?
fortunately most investors are pretty darn smart these days and know not to fall for hype.
its defiantly not a good tactic for the company to make a statement on the conf call and then fail to deliver on that statement. at the very least, they should be updating the situation every few days.
better idea would be for them to not make statements like..."we have two deals that should close this week worth $6M" unless they're 100% certain the deals are complete.
very poor public relations management up to this point by pgi!