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Wow Dilution faucet turned on this morning
LAHO
13 Million Diluted under the bid at 9:31am, check Level II
LAHO
Tell that to the folks who bought at .0017 today and are down 70% in a matter of hours.
LAHO
Pretty much, yacht money has already been made, now it's just finding scraps for sailboat-in-a-jar money.
But hey, .01 by Friday TO DA MOOOOON!
That would probably explain why they let LAHO, which is trading at 1/10 of a penny with 4 billion shares, buy them.
In the bigger picture, the 3 days before today there was 2 billion in volume under .0007. before that there was several months of volume under .0002.
Still a lot of folks holding trips who need to be flushed out.
LAHO
Yup that is what it is looking like. Yahct money was already made, now folks can scrap for sailboat in a jar money.
LAHO
Looks like we'll be seeing trips tomorrow and Friday, glad everyone made some profit today. Hope you didn't buy above .001.
LAHO
Agree, trading 101. best to buy lower while it cools.
LAHO
This is setting up for the usual tomorrow of
"Hold on guys its just a much needed red day for consolidation"
mixed in with a little
"MMs are sweating and trying to keep it down, keep hitting the ask!"
LAHO
Just play along, it's all part of the usual game. see my post.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149011849
Banked $24k here in 3 trading days! All the smart folks are taking profits!
LAHO
Running out of steam already. Float is gigantic here. A/S is 4Billion.
LAHO
When folks start gloating about going to disneyland and vegas, that's when you know it's time to sell.
LAHO
Yup, now that they got you to buy their .0003s at .0009, there's no where to go but down for now.
LAHO
Folks were saying it would break .001 today. If it doesn't watch for a strong pullback to fill the gap.
LAHO
Has potential for a big second leg, but needs to cool off for now. Lot of folks locking in 75% profits.
LAHO
A/S raised from 1 Billion to 2 Billion today.
That puts the final nail on the coffin. No good way to spin it.
PCLI
Same old story with every penny stock.
Same recycled tickers
Same storylines
Same 10 people pushing hard and taking profits after frontloading.
Same back-to-triple-zero endgame.
These things last shorter and shorter, dont be caught holding the bags.
LAHO
yup, going to be the usual "omg a company we've never heard of but making millions in revenue coming in" followed by "oh how were we supposed to know its a scam".
LAHO
Pretty much, smells like a pump and dump on this recycled ticker!
LAHO
Perfect incline from the bottom. Technicals pointing up. Im in.
WKHS
I was going to jump in, but noticed the A/S increase from 340 Mil to 1.1 Billion.
That along with the ongoing dilution isn't too good for common shareholders like us.
DLYT
Fortune 500 CEO reads an article about bitcoin while using the toilet...everyone load the boat!!!
Literally hear this on EVERY ihub board right when the run is fizzling off.
LVXI
Yup, it's gotten so bad you can just spot the cheerleaders pushing it and know how short the ride will be.
LVXI
So his first shell he apparently didn't buy from the rightful owner, and this stock PCLI he bought knowing a third of the A/S was illigally issued..
Maybe the third time will a charm.
If the investors have a choice; to buy into a company who is transparent and atleast has a legitimate website or a company operating with a house address and the CEO who apparently gets mad from calls from shareholders...then it's an easy choice!
PCLI
You would think he would be ecstatic about potential investors inquiring about his newly public company, especially with the share price at 1/5 of a penny.
I guess not
PCLI
Agree! each play has it's own story. This one is just dirtier than most, but that doesn't mean you can't make money on it. Just go where the volume is, it's what brought me here in February. Time to move on to the next one!
PCLI
Yes, the man is supposedly running multiple businesses with $50 million in revenue, but a few extra phone calls from going Public are breaking him down.
sigh...
PCLI
That may be a good idea considering the last shell Paul Knudson took over, he did a Reverse Split 2 days after officially acquiring it.
Those pesky facts always keep geting in the way
PCLI
From past experience, IVS will only tweet the name of the company taking over the shell and thank them for the transaction.
It is up to that new company to update the shareholders on business direction or revenues, etc...
PCLI
Lost support at .0035.
Lost support at .003.
Lost support at .0025.
Next support is at .0018.
Chart looks bad.
PCLI
Paul Knudson's Bitcoin entity already has it's own ticker that he merged it into in 2017:
https://investorshub.advfn.com/X-tra-Petroleum-XTPT-7228/
PCLI
Yea! I was hoping for some legit private company that's been around for a while too, with a legit website which we can google...anything than just a one man operation.
Not sure what IVS was thinking on this one.
PCLI
Been here since February, hoping this could have been something bigger, but I was in another merger play in 2017 with this CEO Paul Knudson. He did a Reverse Split out of the blue 2 days after taking over that ticker.
Just did what my gut was telling me and looks like so did a few others today.
PCLI
The address is also the same on the NVSOS and the company OCMIllionaire linked to.
A/S Still 1 billion, means 509 Million shares were cancelled!
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=%252fhiDFqs6PeaO18OmfJ37og%253d%253d&nt7=0
PCLI
Barely any shares left in this range, chart is taking an intraday breather. Looks pretty thin to .0044.
PCLI