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Good...thought you were crazy if you meant .01
Yes, BUT...what if they know the news is good...might they, or the MM's, try to instigate a massive shake so they can pick up cheapies?? Unfortunately, the only way to know for sure is often after the fact..
Just joking...part 'tis partly true..
Do you mean above .01 or .001??
Tells me that no one knows and we are in a waiting game...JMHO
Whatever it was, it has been the only trade in the last 23 minutes:
2,313 @ .0012
Again, I'm surprised that a shake hasn't occurred. I think that is a good sign..
Had to be a partial fill, though not sure why the MM's wouldn't throw it in w/ a larger transaction... usually if they are out of sequence, a 'seq' shows up next to the trade on my Level II screen..
I'm serious in regards to that being the last transaction when I wrote the post...but was just joshing about you making the buy...
PS...Not kidding, last buy was 2,313 shares @ .0012 ($2.77...they paid more in commission).....either something wrong w/ Level II or someone is a moron...
So that wasn't you who stepped up and bought $33 worth (27,500 @ .0012)??
JK ;)
Honestly, given the volume and the 'radio silence' before any news, I'm surprised there hasn't been a major attempt to bring the price down...
Wow..impressive....ETMM and DOMS step up the Bid to .0011 and someone (probably from here, lol) just bought $33 worth at .0012
Could be about time for a good shaking...
3 x .001 X .0012 x 1 last trade at .001 100K shares
Last 6 trades at .0012 NITE drops ASK to .0013...surprised it took them that long.... Ho Hum...
.002 gap (.0012 x .0014)...as someone posted, ASK has stayed consistent, which is a good sign. Of course, we all know that with 'bad' news, the ask will fall faster than than an aging hookers hooters...
I don't think so...people are just not sure if they want to get in before news, and others are getting cold feet and selling...seems normal given the situation...
ITGuy...I didn't say you claimed $1, I was just reminiscing about some of the boosterism from PBLS' past...no offense was meant..
Fantastic...
Unfortunately, I know all too well...PBLS was one of my first pinkies...got in before Katrina at .005 range...listened to RB and the hype of other supporters...bought some more cheapies recently...keeping fingers crossed
GLTY
PS...Smart son ;)
Interesting line-up...what happens next??
NITE .0013 NITE .0014
DOMS .0007 ETMM .0015
2 @ .0006 1 @ .0018 then more higher
Thanks..
When can the restricted shares from GDSM transaction be sold?
TIA
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I appreciate your efforts to help us make sense of what is happening, and I'm sure others do also.
GLTY
I'm sure others know more than I, but I believe that if PBLS has any existing assets (e.g., oil or gas leases), they would be carved out to cover existing debts. From my quick review of the court docs (thanks to Xylan for his good work providing them), I don't think PBLS has any assets besides a small amount of cash and a bag of chips...oh wait, that LA gull made off w/ the bag of chips.
Xylan, please correct me if I'm wrong.
No problem whatsoever...pinkyland is what it is...
I think you are correct, and that I may have implied more nefarious intention than actually exists. However, even if all of the short positions are solely due to MM's borrowing shares from each other, there will still be downward price pressure due to their desire to cover at a lower price.
PS...Going back a few days, shorts accounted for 40% or so of the daily trades and yesterday was 51%.
That is basically what I wrote...
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IT Guy...you are carrying on the proud tradition of previous PBLS boosters...if you can, try to work in a few 'to da Moon!' though ;)
PS..In historical terms, you have set your sights too low, where are the $1, $3, TEN DOLLAR! figures that used to get tossed around???
The key was to get in down at .0002 - .0004, then you could have already covered your initial investment. I don't think too many people here (any?) are in 'long-term', most will get out when this momentum run is over. Sure, depending on what happens in regards to a RM (and the strength of the new company), some might leave some shares (or repurchase after pullback), but no one thinks we are getting in on the ground floor of a Apple, IBM, Exxon, etc...
GLTY
Valleyboi0 has been posting the short numbers for the last few days. There has been a ton of short sales; thus, for a lot of 'investors', there is a strong desire to kill this off so they can make money from their short positions. IMHO, short sales on the big boards are fine (and even there, shorts are supposed to be used for hedging, not price manipulation). Again, IMHO, down here in pinkyland, short sales should not be allowed as it is much too easy for price manipulation to occur, with the end result often being that both small companies and small investors get slaughtered. Of course, I'm not holding my breath that shorting will be banned...
FWIW, 18 trades so far, 16 at .0012....seems like a good sign that the bid did not go down to .0011
ETMM is now at .0011 on Bid and .0014 on Ask
Maybe I just don't understand why so many people get worked up about B/A location by MM's, as to me, it seems as if they are so fluid throughout the day that it is hard to 'read' what will actually occur. For example, ETMM did not stay very long at .002. Yesterday people we had 3 MM's lined up at .0017 on Ask, but as soon as shares started going for .0014 (or thereabouts), all 3 of them dropped their Ask.
So, if I'm missing something, someone please bring me up to speed.
TIA and GLTA
ETMM is now at .0011 on Bid and .0014 on Ask
Maybe I just don't understand why so many people get worked up about B/A location by MM's, as to me, it seems as if they are so fluid throughout the day that it is hard to 'read' what will actually occur. For example, ETMM did not stay very long at .002. Yesterday people we had 3 MM's lined up at .0017 on Ask, but as soon as shares started going for .0014 (or thereabouts), all 3 of them dropped their Ask.
So, if I'm missing something, someone please bring me up to speed.
TIA and GLTA
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Have you ever heard of a case being heard at 3:00 AM....maybe you are correct, maybe it is being heard in a 'Night Court'. It does seem appropriate that something to do w/ PBLS would occur in the 'dead of night'...
PS... I assume that the time given is Mountain Time, not EST as some have surmised.
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