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BIG BEAUTIFUL WOMEN according to Porb Hub
I agree. Selling now is just not smart in my opinion but emotions get the best of many. I bought more shares today. I will keep saying it. Unless PR comes out saying RM is cancelled there is no real good reason to sell. If there is any advice I could give following a panic, it would be to not react to it. By reacting you are far more likely to make a decision that loses you money than one that will help you. A wise man once said, "If you’re not willing to react with equanimity to a market decline of 50% you’re not fit to be a common shareholder and you deserve the mediocre result you’re going to get." So in this case, if one can afford to hold and buy then one should until absolute certainty that DA/RM has failed and is not happening.
hahahaha Nice! Should rally any moment now
Most people just want to be in the result and not in the process, and it's in the process where you realize who deserves to be in the result. Patience is a virtue.
Has anyone tried making a post about PASO with rocket ships attached to it? That almost always gives the PPS a boost.
LOL I bought more. I am a glutton for punishment. Do it harder PASO!!!
100% agree. DA is everything right now. In the meantime I am buying the dips because I expect it to stay in this range until at least mid October. It hurts to see but it is the nature of the beast. Good news is no solid evidence or PR has released that DA/RM is not happening. IMO selling for anything on news less than absolute cancellation is foolish. Q4 is Q4 and it could literally be the last day of Q4 or the first couple weeks of Q1 2021 before we hear anything. So I am holding and buying what I can and hoping for the best. Good luck to you Roofus!
here is a link below to showcase what some past penny stocks did after successful RM's and the gains they made. If PASO can follow suit as these companies did and hit the same ballpark increase then you can understand why $7pps - $20 pps is easy to see and conservative at best. Of course it's a BIG if. But not impossible
https://www.stockrockandroll.com/blog/hot-penny-stocks/reverse-merger-penny-stocks-make-huge-gains/
You can't and won't hit $20 without a definitive agreement and RM. But judging off past companies that had Successful RMs and seen the PPS shoot up between 30,000% and 400,000% $15-$20 PPS is not hard to believe once PASO becomes CLX or whatever they change the ticker to. And if the Merger happens and all goes well those gains can happen in few short months. Then again 0.50 could be the highs. We won't know until DA and RM happens. It is only speculation and opinions until then.
I would like it to hit at least the high teens but $20 or more would be fantastic. I am not getting my hopes up for that high but who knows? your guess is as good as mine. I will for sure sell some at $5 PPS if it hits it but only a few thousand as I play long game and hope for high teens or low-to-mid 20's. But in my opinion this thing could fall between $7 PPS or $100+ PPS if all goes well.
Same I am holding actually until Q1-Q2 2021 unless this thing hits the price I want it to. Which I don't see it happening until Q1 2021. If I had to guess the DA will be signed in November, PASO becomes CLX or whatever they will call the ticker in January February or maybe early March if RM happens. From there April and May will be the time to sell once word has gotten out and PASO/CLX is on the big board. Just my thoughts and what I could see happening if DA is signed in Q4 which they say is supposed to.
I would not expect anything until October 1st through December 31st. You want news? Don't expect that either as there is a gag order in effect until deal is finalized. PASO does not have to say anything until DA is a signed deal. Anything and everything outside of company PR is just speculation. People are impatient so I expect more dumping to come. Both PASO and CLX can both say (and have) Q4 until they turn blue but that won't change impatient investors shaky hands dumping at the end of Q3 or throughout Q4 before news is released on definitive agreement.
Gotcha thanks for the clarification. Me and Roofus were about to fight lol
Where are you hearing merger fell through? Especially since Q4 has not even started yet.
I am only in with 50,000 shares and bought most between 0.02 and 0.05. I am a little fish in a big pond. However, I buy the dips and had/have strong feelings that this stock will not do anything but drop or stay static until ink meets paper with DA. I don't buy the hype but rather buy the doubt. I wish you luck
What is also annoying to see is people saying, "It iS a PuMp aNd DuMp fReUd" or something along those lines. As if that isn't highly illegal and would have the FBI and SEC knocking on the door of PASO. But people just seem to think these things are common practice or something. Idiots at worst ignorant at best.
Everyone is an adult and can make decisions for themselves. It is not even Q4 and people are in panic mode for no good reason other than a chart in red. I have done my own DD and it has lead me to choice that this is a good pick LONG TERM. We all know the risks with OTC's and know their volatility. I personally do not get discouraged by short term dips unless their is a valid reason to be. So for me personally I will buy the dips and continue to buy and hold until I hear DA/RM is cancelled. In my opinion dumping/running from this stock with anything but a solid release of DA/RM is cancelled is foolish. Too often in this day in age people want instant gratification. Unfortunately that is not how business works or how the market works. I personally have not invested anymore than I am willing to lose. If one has invested their life savings into an OTC stock that is their bad and not smart to begin with.
People look at the wrong things. For example, conversion deadline extended. Some took it negatively as if there is some nefarious reason for doing so. I took it as, "PASO wants to benefit investors big and small". They could have easily have said, "Too bad so sad, conversion deadline is the 18th of September and we don't care if you were not able to convert on time". That to me would have raised a red flag whereas, the decision to extend made me feel warm and fuzzy that PASO actually gives a damn about their investors to provide them with an extension to convert. Everyone is different and has an opinion. I am holding until I get news DA/RM is cancelled. Nothing but will make me run. With that everyone is responsible for themselves and can make their own choices and one should not invest more than they are willing to lose in any stock whether on the big board on in the OTC's.
I bought more. I will take the dips as long as they last. Assuming RM happens which currently all signs point to yes then this is a bargain. All those people 6 months ago saying, "I wish I had bought at X level" now is your chance. I am not concerned and the reward outweighs the risk currently in my opinion. RM stocks are hot trades and have the potential to make epic gains. So I will buy at this level and personally hope it stays this way until DA is finalized. It will take PR saying, "RM is a bust" for me to dump. I will hold to the end of Q1 2021 because, in my opinion that is when things will really get interesting if DA is signed in Q4. Just my thoughts.
Because reading comprehension is hard.
hahahahahaha
Shorts are dumping and dropping like flies lol. Hard to keep those emotions in check. One can say Q4 until their face turns blue but, shorts are akin to Veruca Salt from the Chocolate factory with their "I want it now" mentality.
I don't get discouraged by short term dips. Anything short of DA cancellation is what it will take to make me run. Not even another delay would scare me. Buy low sell high. I purchased another 3,000 shares today. I personally hope the ticker stays in 4's and 5's for as long as possible because, the second ink meets paper the hype alone will cause this stock to jump. Dips are part of the game. It's only a loss if you sell. I've been holding PASO long before any merger news came along. I'm not bailing now because the stock is experiencing short term dips. Not even Q4 and folks are panic selling lol. At least wait to December. I feel bad for the folks that bought in at 0.10 or higher got scared and sold their shares at 0.05 or lower. Given for what's in store my opinion is take advantage of dips. Unless you hear PR saying, "DA and merger is a no-go and canceled" no need to panic. Q4 will be important but Q1 2021 will be the months to really get ready for if RM happens. Just my thoughts. Good luck to you all who have vested interest in this. Buy and hold and keep those emotions in check.
Awesome! Like I said, I have been holding PASO for some years. Probably long before many even heard about this ticker haha. So my patience is better than most.
Thanks Doog!!! Just looking for some insight to what others might be thinking. GLTY as well. I am holding strong and in for the long haul
I am not new to PASO but this is my first day on IHUB. I have been a share holder long before the RM news. I am one of those folks that bought a few thousand shares at sub-pennies a couple years ago and have been adding what I can when I can since all the commotion began with this potential merge. I do not have enough skin in the game to really benefit from the conversion but, I am just wondering what others think the common stock price might hit once DA is signed?