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I don’t care to guess but I think Jimmy Joe is probably on the right track. The 3rd QTR equaling or exceeding the total of the 2 preceding QTRs is quite an increase. Hopefully, the bets on the upper end are correct. Good luck to all!!
Eltp
What o find most interesting re the long awaited pvsp audit is the complete absence of discussion re financials.
Damn, sorry again. Low trips with volume are simply a day traders delight.
Zen
I’ll spare you re this BS post and just say that no one can ‘jettison’ debt. Secondly, restructuring is certainly not engineering in any way, shape or form. Condescending BS speak.
Eltp
Some traders dimply dump to get the stock(s) off their account list.
Sorry about that, pvsp!!
Nope, when Eltp is trending in either direction use the charts and especially a 5/13 day chart and watch the RSI, super sensitive at 70. This is day trader territory with an easy 20-25% return.
The most ludicrously false statement in trading. Maybe 20% are covered the same day which led to new regulations in the last few years. The new regulations solved nothing as the MMs merely have to pay interest on the shares which remain short FOR AS LONG AS THE WANT. The interest is insignificant compared to the profits they make. Study up on the regs.
Ifus
Hopefully!!!
Lolololol “Thats why the acquirer of shares under 13d or 13g must choose the correct form to identify passive or nonpassive ownership, not the SEC “. Your reading comprehension lacks being above the 6th grade level. Really, a person must choose and disclose his intent. And as my posts suggests, what means would the SEC have to determine one’s intent, are you really that dumb. So, we now have an ‘honor system’, lolololol!! Maybe in golf and that doesn’t work well. Again, you are wrong unless someone does want or must declare their intent. I’m sure you’ll go on for 50 more posts trying to convince yourself that you’re not wrong. Also, read the above quote again and explain why , for legal purposes, the word ‘must’ is used rather than ‘shall’ choose!! I’ll explain it to you if you are ignorant as well on this point..,
Eltp
Ahhh, I’ve made a lot of money with stinky stock turds doing a 180. Made a chit pot full in 21’ when some of my dead turds ran like race horses.
Ah, so I should watch more movies for my information, lolololol!!!, I think I will use my own experience and knowledge of such transactions as they are EXACTLY as I stated. BTW, your SEC counsel will be the one to advise you which firm he thinks you should file which is based upon the criteria I outlined It’s ok to be wrong, consider it a learning experience. A little common sense, if possible, should dictate that even the SEC can not read one’s mind to determine intent as both forms denote a control position. However, a Cos’ counsel will always dictate a D for insiders and affiliates as such additional info when compared to the G will be required by the auditors.
Eltp
Wrong, they are simply alternatives with the D being more transparent re more info and thus usually involves officers or insiders affiliated with the Co such as vendors, directors, etc. Study up!!!
Eltp
All of us trading pennyland and higher have experienced the tragic affects of a RS due to mismanagement, bankruptcies caused by lawsuits, loss of major contracts, etc. None are good for shareholders.
Eltp
Are you saying they didn’t give you 100 one dollar bills for your 100 dollar bill? You need the advice of BJ to explain why got 10 one dollar bills for your 1000 one dollar bills. lol
Zen
Large Cos I every industry always wait to buy very healthy Companies after they have worked out all the production, service and marketing of their products. Take pot for example, don’t think for a minute that Big Tobacco will not control that industry once the kinks and legislation has been completed.
Eltp
Maybe it will be 41 in the next 10 years, but again risk reward is with elite.
Spot on re risk/reward!!
I agree, Eltp blast off is soon.
Yes, nwbo balance sheet.
With that balance sheet/debt, they will need to dilute.
Look at their upside down balance sheet as well.
Eltp$$
lol, live and learn!!
Zen$$$$
You needed a lot of avg down to get to trip 6 buying in 22’. You seem to have decided to ignore the point of the misinformation in your post re no pvsp runs. It would be wise to study a Cos tech data before reading posts, maybe view a chart just for kicks.
What a ludicrous non factual post. Do your homework Sonny, how many stocks have you seen do a 10,000+% run like pvsp?????
You make it hard to show you the ridiculous analogies you make. You can continue payments on the bank loans for the rest of your life paying off what you already owned regardless of Eltp. A margin call would take your cash and sell other securities in your account to satisfy a margin call. THE DIFFERENCE is your account would consist of YOUR cash and securities which are non essentials like a home or other assets you already own or did own before the loans.There are simply assets you do not use to gamble with in the stock market. And before you even reply, YES, trading stock is gambling.
Eltp
BTW, Buffet has had tremendous investment losses in good companies and doesn’t borrow money when he buys them. Chit happens to all companies so be prepared with a strategy for every stock you buy. This is the stock market and pennyland is the Wild West show.
Eltp
I would think the marketing and production contracts are separate agreements.
Obviously, but I wish you luck and success here. My posts to you are not directed towards Eltp as I am invested here for the second time as a long holder. Just a word of advice as an investor/trader, always have an entry and exit strategy for each buyin pps, especially when dealing with borrowed money. Good luck to you.
Eltp
BTW, personal loans ARE NOT like margin accounts. You need to have the cash or securities in your trading account to back up the margin trades if called.
Eltp
Sure if that makes you feel better. You should try a lil harder to comprehend my posts. The question posed is, how can such a successful trader, one who is always right, not have the cash to buy shares? I would assume that you have made many millions trading thus far. Or, is this your first ‘get rich quick’ attempt on a penny stock and you are actually a novice trader borrowing above your means??
Eltp
Agreed, if I didn’t have fun I wouldn’t do this and yes we have seen it all here. Always just trying to keep it real, unlike the company’s puppet for the last 15 years who unsuccessfully tries to turn chicken chit into chicken salad.
Zen
My reading comprehension is very good, however, it seems my post just went over your head or you just don’t want to admit your to load up below. No one cares about your loan or inability to buy more lower, however. It seems odd that someone sticking flowers up their azz all day re their trading prowess would certainly have as much money as needed to buy cheap shares. I guess one who posts to themselves also has a unique ability to also lie to themselves and others.
Eltp
If you were good you would have purchased those shares between 03-06, I guess some just like to pay an additional 3-500%, unless you’re flipping Eltp, right??
I’ve been here a while and don’t plan on jumping. I don’t day trade pvsp and am in very very low. What you ask is a personal decision which should be contingent upon one’s risk/reward strategies. The current play is for Zen shares with the estimates being between 2-3k Zen shares per million of pvsp shares. The risk is contingent upon the pps of Zen either short or long term. The rest is just whatever it is, pvsp remains low or runs way up dependent upon buying or fomo.
Zen
Zen
Awe gee, I sold all my shares when the king stated the stock was dead, lolololol!!
Eltp $$
I don’t think an RS is in the pic before the spinoff. However, after the spinoff it is obvious according to the bj deceptive posts, the “founders” will pay off the debt with their 20% ownership leaving the company with the entire AS being consumed with insignificant revenue and no profit, basically back to square one. That being said, pvsp has been extremely beneficial to many of us over the years as Riss does come up with good runs based upon BS deals which never come to fruition, the definition of pennyland.
Zen
Lolololol, nice language but expected it. I see you still fail to see the difference between a losing pennyland RS and profitable Cos who actually RS for positive forward advances. . I can only assume your knowledge of pennyland is limited to pvsp, a pvsp RS to get rid of 5-8bb shares would be in the zone of a 1:1000-2000 split. It’s not the first time you’ve made this ludicrous claim about reverse splits but then you have no real experience which leads us to your normal cut and paste BS. Maybe tell us more about why pvsp selling is a good sign, oh yes, it is capitulating and consolidating ALL THE WAY from .01 back down to trip 2. BTW, a troll uses deception which defines you, including this last post as well.
Zen
This is the dumbest thing I have ever read!!!!! “A reverse split is nothing more than someone giving you a hundred dollar bill for 100 one dollar bills”. Conflating a RS with wmt or appl, etc. with a RS in pennyland, lolololol!! A RS in pennyland is usually getting .10-.20 cents for each 100 dollar bill. Why make such ridiculously ludicrous statements??
Zen