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Be patient and watch for pullbacks, there's bound to be profit taking. Some of the best advice I ever received was 'never chase a stock'.
Fist, hope you see this, I dont have private mailing privaleges. Check my last few posts for info.
I believe the main driver will be for the NASDAQ listing, how will they get they? With 200 mill O/S, if they do a 1:20 reverse split, I think the share price will have to get between .05 and .10. On the other hand, if they try to achieve $1 through asset growth and fair value then, well you can do the math.
Dont sell for less than .05.
IMHO GL
Depends on how you look at it and what you want to get out of it. Mr Lee says he wants to be listed on NASDAQ. Unless you buy your way in, NASDAQ requires a $1 minimum share price. If you believe they will go that direction, and with $50 million in assets by year end target, they very well could go that way, then huge upside yet to come.
Id say easy double from here in the short term.
IMO
Transfer agent says 299000000+ outstanding. The company bought the tradewinds deals with shares.
I still agree though. Undervalued for sure.
Welcome Lbro.
I dont think you can go wrong getting in at these prices. All depends on your risk tolerance and how quick you are at trading. Even long term looks promising. Ideally, getting in near .01 would be my preferance.
The company seems to be building themselves up nicely and has said it will continue to do so for the remainder of the year. Check out news items for the specifics.
Between the boards I follow, target estimates are anywhere up to .30+. Its just depends on how well you think the company is progressing. Its a good tome to get into realestate the way they are. If they make all the right decisions, it should be nowhere but up for the rest of the year.
GL
OT - Check out BLLD. Great news lately and a good buy point right now. 1 year targets of up to $15.
Nice day. This will pull back again, then buy buy buy. Remember these things about a share buyback.
1. The company is under no obligation to buy ANY shares back.
2. They choose the purchase price which can hold the price down during the buyback period.
3. Sometimes they do this just to prop up the price to dump more shares.
4. Where is the money coming from?
Be careful out there all.
Sellers at .0067, they jumped on that price pretty quick. Seems to me that with the recent and pending news this would move more. Very narrow range right now. Hmm.
More good news out and done in a more professional manner. Yet no movement once again. I guess we can hope for the ol' pink sheet delayed reaction?
indepth - my count 200,000
Hmm, a trade for .06 near the close. Why couldnt they do that on my sell order for .10:)
Yes I believe you are correct. Do you suppose he'll hold off selling out for the big money when BJW comes through?:) Probably not that smart eh.
Not the worst day, but pretty dismal. Any body see a rhyme or reason to the volume numbers?
http://investdb.theglobeandmail.com/invest/investSQL/gx.price_history?pi_symbol=PWTC-Q2
All good points cachet. I dont know who has the answers.
Most bids currently from .05-.065. Looks like another buying opprotunity coming. You could probably flip at .08-.09.
Well thats a big disappointment so far. I expected some move, at least to near .01 in the PPS.
News finally out. Here's a suggection. If youre gonna sell tomorrow, put your ask in at a high price initially (Im selling at .10), It may cause market euphoria. You can always change it later once trading begins.
Well, they certainly didnt make any money dumping today - straight down. Arent you supposed to pump before you dump? But I guess free shares are free money.
Disappointing day so far. Where's the news? Theyve had 2 extra days considering their fist inclination was to release it June 4. And the market is not even showing anticipation. Very thin B&A so far. I'll bet one could fish at .0065 and get a fill before anything actually happens.
Might want to look at this one again. Lots of good news lately.
Anybody use this service? I ve heard several times now that there is a long term positive report about PTI here.
http://frip.dk/hints/
11 million shares bought at .006-.0065 (and mostly @ bid trades). Im guessing they will be dumping at .008, or Monday, whichever comes first. Would be about 25% return (approx $16500). Nice days work, if you can get it.
'E' back? Or not? Quote boards are all over the map today. Some dont have PTI as existing at all.
SCHB & QUIN fighting over this thing? Its almost funny to watch them jump each others B&A.
May have been confusion with the 'E' being removed. Orders cannot be executed because the security cannot be found. I have personally had that happen to me.
MM quotes have been firming up between .10 and .20 - maybe some near term move coming? Yes I agree, actual hard evidence is what will really drive this up. I feel the latest report did gain some new faith from at least current investors (even catchet is showing a more optimistic outlook:)). Im hoping that time will tell us if any analysts pick up on the news and decide to initiate coverage. IMO this is an easy double from these prices, even on lame news.
The 'E' removed already? That was fast.
I believe LB would still be wide open to a private/investor suit. It would seem that BJW has seen that and cleared PTI from any potential litigation.
JMO
I guess we were all wrong about the reaction. Not much. I was happy to see the document released officially today in a news item.
As Mr hasher points out, even if BJW got ideas, him and who's army is gonna take on Firefly?
Smashing good idea joining forces with Firefly, PTI can use all the alliances they can get. I cant help but wonder though with Mr Walter being a patent attorney and all that, he just might not be able to help himself in going after Firefly legally. All in the best interests of the shareholders of course. That sound you hear is the bubble deflating, once again. Lets not give him any ideas.
Funny, I was thinking the same thing when I checked out their webite the first time you posted it. Sounds very much like PTI's battery and yet they claim that its technology invented by Caterpillar. Hmm.
Read a good article last week on patents and how theyre being infringed upon and how the government cant keep up with the requests and how every little thing is patentable (or patented already) these days. (I was shocked at the items they mentioned in the article that had been patented). It was about the software industry but I think the general jist of the story can apply to any industry. The writer of the story had one of his own patents 'stolen' by a large computer conglamorate (something he had patented years earlier). He found out, filed a complaint and the other company lost their patent. It just goes to show you how many patent applications are being pushed through without really doing the proper infringement searches.
Re: posts 9680 and 9681.
I totally agree that the pilot plant will be an extension of another company. This is most realistic considering PTI's present dilution. This is why I have questioned the 'petty' dilution over the last 5 years. 100 million shares issues, mostly below .10. Had they pumped properly, they could have got $1-5 per share and had their own working capital instead of relying on others now (thanks LB). Future dilution is bound by the same rules. The latest financing itself states that the number of shares to be issued will depend on the stock price - they have to pump it up if they are to survive.
Some of my own thoughts on the 10-K:
It looks like a 'coming clean' 10-K, being more open about the last 5 years and what the potential future possibilities really are. This report included more info than ever before, it was more realistic and should bring 'some' investor respect to the company for doing so. Hopefully future reports will be done even better.
I felt that some of the info may have been better served by coming out in PR's. There's some good potential in it but less folks will notice because they wont read the 10-K, relying more on PR's. The 'more informatin to be released in future PR's' now has to be even more 'groundbreaking' in substance than if they had kept the market informed all along and created a slow steady incline in the stock price.
Initial reaction? I think a small but sharp uptrend early Tuesday before the downtrend comes. There will be some initial excitment but probably low volume so not enough to sustain it. For someone with BJW's 'experience', this seems like a rookie mistake to release it, not only on a Friday, but before a long weekend. It would have been better served up before open at the begining of the week.
Beware of things that just appear. It may look like it came from Microsoft (which isnt always a good thing in itself) but it could be spyware or a virus. Some spyware can track your keyboard and steal your passwords. Caution.
I hope the 10-K is taking so long due to the vast amount of great news they are trying to fit in:)
Welcome back gamood, misery loves company. But seriously, I think a double is easy from here.
We've been looking at this all from the wrong angle. Check out what this guy does.
http://www.kfor.com/Global/story.asp?S=3390503&nav=6uy5aHLq
That explains all the volume and down arrows:) This better be good. If its another typical PTI no info 10-K then Mr hasher may see his .03 buying op next week.
Thanks for calling rooster.
Hi matrix
Technically you are quite correct. Maybe its better to say the MM's are still 'controling' this market/stock. They are there, dont let it fool you. Its kind of like saying naked short selling is illegal, but it still goes on. If a market was completely unsolicited then that would mean you and I are doing the N.S.S.? I dont think so. All I wanted to get across is that its another factor you have to consider when buying into this kind of stock. Those MM's will play, illegal or not.
All depends on which of the IF factors you believe.
This could be a good buying opprotunity IF it is only the MM's buying and selling, or repositioning them selves. Occasionally on these stocks, a few MM's will diappear off the board and the bid drops off (or even the ask skyrockets) only to rebound dramatically when they return. IF this happens intraday, it can make the appearance of some investors making huge money in short time. Watch the volume during these times, usually very little trading happens. IF youre a trader, try to dip in at these levels. If you get a fill you can cash out usually within a couple of days for a 30-50% return.
This could be a great buying opprotunity IF the company is really finalizing test results, bringing another product into the fold, working on marketing for their latest acquisition and finalizing the upcoming PR campaign format. IF this is the case, buy all you can at these levels. You will have ample time in the near future to sell for 100%+ profits - even more if the promo goes well. And as long as you dont get caught being greedy. A promo can come down as fast as it goes up.
On the down side, IF this company is really a pump & dump scam outfit as some suggest, then its quite possible that they have just isued a hoarde of new shares on this latest news and are at this moment lining their pockets at any price they can get (Ive never understood that 'any price' part myself, but thats a different story). Look for large volumes with a downward stock price lasting for several days to confirm this.
These are just a few hints that I have seen over the years. To get into all the 'ands', 'ifs', and 'buts' would take hours of explanation. You know best what type of investor you are and what level of risk you can take. Dig into the past of the company (somewhere besides a chat site) and form your own conclusions as to whether you want to invest. Watch the charts every day and learn to understand why a stock moves like it does.
Lotsa Luck
There it goes, trading again.
Someone on RB has suggested that trading has been halted. Can anyone confirm that? Only 2 trades today and almost 1 hour since the last.