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Also I noticed the USAU Yahoo board is getting alot of posts within the last 30 hours. That's usually a good sign that a band wagon affect is beginning.
News out, explains why the stock has been moving upward this week. Very good news actually. Interesting to see how the market makers will open the stock today. Also curious to see traders and investors response to the new gold rush. USAU could be a very interesting stock to day trade over the coming week. I predict a close today between 3 and 5 cents per share. Any comments?
I'm in with 100,000 shares. So move to 25 cents per share from 1.5 cents is appealing too me.
that's a good thing. not very many people know about USAU yet. accumulating at these levels is opportunity. all it takes is a solid press release and it will move upward exponentially. GLTA
The band wagon hasn't started yet. I'm accumulating. Gold spot price could make USAU the next break out penny stock.
I'm a penny stock speculator. I'm hoping it falls to a penny. Load up on it and try to dump it at 3 pennies.
Unusual 11 Mid-Day Movers 4/16: CAR
Source: Street Insider
Avis Budget Group (NYSE: CAR) 30.5% HIGHER; after surging about 10% yesterday, the stock opened above the key $1.00 technical level for the first time since mid-March. As the stock price has broken through the 20-day moving average recently, traders could be buying the stock as it is breaking above some important resistance levels today.
This stock is moving. Up more than 25% today. What's causing the movement? Is it inside buying?
That reverse split proposal will kill the stock price. Now its time to play with HTZ.
The market makers are shaking the weak out. That's why CAR cannot solidly move into the $0.95 to $1.05 range. Well we have all weekend to get the word out. Relatingly, it's strange how HTZ and DTG are both over 58% in 7 trading days. But CAR can't stay above $0.90 per share. I wonder why?
Is there a reason why CAR cannot hold above $1? Also, when CAR competitors are doing well in the market like HTZ and DTG; why then avis stock price remain sloppy?
We should close above $1 today.
Something is going on in the back ground. Insiders have been accumulating all of March. Anyway this has been a great stock to day trade for the last 4 months now.
Are you telling me I can bring everything to a halt by blatantly purchasing 10 billion shares of PYCT for $1 million on the open market without SEC scrutiny?
So with $1 million I could own half the company? Hostile takeover?
Question: According to my calculations it will cost me roughly $1 million to purchase 1 billion shares of Paychest on the open market. If I decided to accomplish this on any given trading day, would it be illegal for me to sell the stock for a profit in less than 30 days?
Are there two distinctive plans for Paychest (Arizona) and Paychest (Oregon)?
Thanks.
On Bloomberg.com, while inquiring a stock quote for PYCT, it was observed that Bloomberg.com classifies Paychest, Inc. in the finance-investment banking/broker business. Bloomberg.com also provides a company profile of Paychest as follows:
"Paychest, Inc. offers investment banking services. The Company assists its customers in raising capital through initial public offerings, reverse mergers, bridge capital, and other financial vehicles."
Question: is this the new difference between Paychest Inc. (Oregon) and Paychest Inc. (Arizona)?
Reverse merger to be announced. New product, new service, new brand and new management. $0.05 per share may be sooner than all think. Stay tuned...
A reverse merger is pending! Should see $0.05 per share soon.
Thank you for the good info and speedy reply. So the $0.03 trade really proves that value is subjective.
Why did PYCT open @ $0.03 today? Is there big news pending? Is three cents the true value of this company? Were there any trades @ three cents? Someone please answer so I can determine when I should buy more!
REVISED: Genfin, LLC is the majority shareholder of WMDH. Paychest, Inc. is primarily financed by Genfin, LLC. Lawson Pillay is the owner of Genfin. Again, I argue that any success with WMDH should directly impact the fortunes of Paychest. One of WMDH's board of directors has a company BanX, Inc. which is the primary partner for Paychest's BanX (debit) card. Check out www.banxcard.com.
The lack of trading today may not be a bad thing, if the market makers were the only ones selling. If the market makers were the only ones selling, then maybe they have no more shares to sell. This can only be a good thing for the long-term.
Finally, from reading the publicly available info on the people involved with Paychest, Inc. and their strategic partners I am convinced that the players are competent. So it's really a wait and see game.
In the meantime, I'm increasing my holdings toward ten million shares as long as this trade at current levels. 10,000,000 shares will secure me from the negative affect of a reverse stock split when PYCT begin preparations for a listing on the Nasdaq Small Cap.
Genfin, LLC is the majority shareholder of WMDH. Paychest, Inc. is primarily financed by Genfin, LLC. Lawson Pillay is the owner of Genfin. Again, I argue that any success with WMDH should directly impact the fortunes of Paychest. One of WMDH's board of directors has a company BanX, Inc. which is the primary partner for Paychest's BanX (debit) card. Yes, Paychest, Inc. (Pink Sheets: PYCT) is a promising development stage company. It's worth a $1000 long term investment.
WMDH is a major shareholder of PYCT. I believe the WMDH growth strategy is directly linked to PYCT strategy. Pillay is working toward establishing very good fundamentals for his companies. Paychest, Inc. will report revenue for the 1st quarter of Fy 2007. Notice that the volume of shares changing hands last week was smaller than usual. Maybe that is due to the lack of sellers on the open market. A good sign that something positive is on the horizon. Stay tuned...
In fact, Pillay is exploring a stock buy back. That's the only way I can see improvement of shareholders' value. Right now is the best time to initiate a buy back. Otherwise how can one increase value with 20+ billion shares outstanding with a development stage product/service?
Mr. Pillay said, "The financial statement shows results of the early stages of PayChest's restructuring. We have progressed significantly since then and these will be highlighted in the first quarter results of 2007. My commitment to the shareholders is demonstrated by negotiations to reduce the number of shares outstanding, reduction of authorized share count, the decision to not reverse split the stock and the on going efforts to return more shares to the treasury. I will now turn my focus towards marketing, refining our stock strategy and evaluating PayChest's legacy assets."
If Pillay is serious and I think he is, there is definitely a stock buy back in motion. Logically, he is probably buying the shares gradually on the open market at dirt cheap prices. After a certain amount is soaked up through various individuals and entities, then PYCT may announce an official buyback for the treasury.
Something is in the making...That's why the gag order is being followed.
Actually before I bought this stock there is a public podcast of an interview with Pillay concerning Paychest, Inc.
In that interview, Pillay says the company is earning revenue and has a PE ratio of 5. I'll post the link if no one else is familiar with that podcast.
My purpose for bringing it up is to see what is known and unknown concerning this company.
Shareholder activism can play a role in helping Pillay turn this baby around.
Is it true that Paychest, Inc. has a P/E ratio of 5?
If the Authorized shares have been reduced to 25 billion, then what is the outstanding shares currently?
Do we get a unique telephone number and voice mail?
We are waiting for $0.01 and below to begin accumulating again. I got $10,000 waiting on the side lines.
Good point. Hate to sell now and then get a bounce this afternoon. This should be atleast a solid $0.10 per share.
The bashers made sure we get fu#@ked today. Their propaganda was stronger. I was talking to one of my clients about WTVI, she told me that her girlfriend who works for Primerica said it was a scam. The response pissed me off. So I decided I wouldn't talk to cynics about it no more.
Hey I just uploaded my first video and first article to my Wi-FiTV.com personal page. Check it out @ http://www.wi-fitv.com/barutiwa
Peace, Love and Prosperity to all Wi-Fi TV, Inc.'s shareholders.
Your photos have to reside on a publicly accessible server. Upon logging into your Wi-FiTV.com account, you must have the url to your image and place the url into the provided space in your profile. Then click the save button.
In the future, I'm sure they will have a feature allowing users to upload photos/images directly from a local media device. Does that help?
The new web site is GREAT. We'll be rich in 2-3 years. See those video ads and Internet commercials.
Way to go.
That's great my man. So you really think we have an award winning web site?