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Well now I'm worried... your post reads like a P&D scam spam email...
LOL
Oh, he knows exactly what he's doing. I'm not sure if he's shorting these stock he's bashing, or if he's just trying to cycle the PPS so he can flip more frequently, but it seems like he's doing it every 3 days or so, so I'm gonna go with flipping.
Smart. Annoying to those of us who want to invest in the actual business, and quite illegal I'm sure, but how's he gonna get caught? That's why it's smart; he makes money every time he sells off his position and bashed the PPS back down 25-50% to buy back in. He's making a killing while we're all getting table scraps.
Maybe the SEC should look into his behavior?
Yes! And this stock is historically red on Fridays, like most subpenny plays, and here we are green on a weekend when the rest of the market took a dive. Honestly, I was ready to smile at PMCM being down .0005 at close yesterday, so seeing it up .0001 has me grinning ear-to-ear.
And I feel like this thing will hit 2.2-2.5 cents before they RS it again... I'll sell when that happens.
If it doesn't happen... oh well
Watching the L2, it does look like the buy volume is slowly catching up to the sell volume today. That's a good sign; not as good as the buy volume being higher than sell volume, but at least the gap is closing.
Two lovely PRs today. We should be climbing on these, but we're not.
Yup! Now what's holding this f***er back?
Yeah, they're only licensed by the city of Seattle right now; they want a state license, of which there are a limited number available, so they have to hustle to get one. Once they have that, I see them franchising the Suzie Q's name all over the state.
$$$ That's what I'd do $$$
Just my prediction and opinion, of course.
It was my first investment, I was testing the waters, and I saw a $75 52 week high, not knowing about reverse splits or any of that.
That's where I was, not where I am. And I'm actually thankful for having made the SAPX mistake, because I learned a lot in a very short time as a result, knowledge which I've taken and turned into huge returns on other investments.
I'm still testing the waters, I've only put 300 into the market, in total (all in subpenny plays), so my idea of "huge returns" is still the average investor's idea of chump change, but it's still enough to pay for a weekend at the casino and not care if I win or lose.
If SAPX, by some miracle, hits .022 without another R/S, I'll even have gotten my money back on that very first mistake. But, since I am where I am right now, I don't really care. It doesn't hurt me to hold on to this piece of shit; I'll lose more selling it, at this point.
With the seemingly neverending churn, I just don't see it happening. I hope I'm wrong, as I'm long here, but it's not looking like it's going to happen next week, let alone this month.
We'll get there, but let's not set unrealistic expectations of *when* we'll get there, lest we scare potential longs into selling, thereby creating even more churn, when we don't get there "on time". The sooner we stop making unrealistic predictions about this stock, the sooner we can slow, and eventually stop, the massive churn we're seeing now, and actually get to copper-land.
And I was a naive newbie when I bought it. Your point?
Oh! I thought you were saying PMCM released more shares... Glad I misinterpreted that!!!
What indication do you have of this?
The best kind of growth. Let's harvest those profits and smoke the market out.
MJ isn't a future plan for PMCM, it's the current reality. Their future MJ plans involve a lot of growth; that's what Michery was referring to.
And you're posting a pic of this when you do it, right?
Testing the waters for my first investment.
From where I'm sitting, a smart move; I limited my losses. With a 52 week high of over $75/share (when I bought it), I had high hopes, but not enough trust or experience to throw more at it. I could have ended up with 3.3 million, but instead I lost 30; I do worse than that in one night at the casino, so you're not gonna see me cry about it.
You invest your way, I'll invest mine; and I pay a bit less in commission than you seem to think, my brokerage doesn't rip me off like some do.
If I'm reading the L2 correctly, 2.1 million shares were sold, but the trades were recorded out of sequence. The trades are as follows:
200,000 @ .0054
900,000 @ .0053
78,000 @ .0050
922,000 @ .0050
Since the actual time of the trades is unknown, the bid and ask are filled in with the floor and ceiling values, this the .0001 bid and $1000 ask.
You don't see me getting worried. Low 4's, mid-to-high 3's is my buy signal so I can get more shares for less. That's what the MMs are playing at here, so I'm gonna follow along.
Of course it is :) Scaring off the weak and dropping the PPS for the MMs can load up.
Oh, it will be... we'll either dip back down to the low 4's, mid-high 3's, or shoot up to the high 6's, my prediction.
If we dip, that's my buy signal
We'll get there... Sell volume is ahead of buy by over 100mil right now
Of course they are, and then some now that they've driven the price down. Anyone who sold during the dip only helped them out, at their own expense.
I was holding out for 43... my loss
Yeah, baby, slap that ask. PMCM's been naughty, baby.
I'm in for more if we dip to 43
mmmmmmmmmboioioioioioioioioioioioioioioing
Right, because everyone posting in that thread *also* translated their posts into English in another thread, just for you. Google Translate is your friend...
http://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fforum.finanzen.net%2Fforum%2Fservus_zusammen-t497815%23pst_17752214&edit-text=
Lots of BUY BUY BUY action this morning, not as much SELL. Me likey!
It just means someone bought or sold it at that price. In other words, no. If it did, I'd have made half a milly on SAPX when it traded for .2450 after hours a couple months ago.
I've already taken a profit, what I've still got in here is free money, so I've got all the time in the world. :)
With everything going on right now I'm sure it'll happen. Maybe not in the next week or two, but it's coming!
I'd love to see it!
I wasn't even on these boards at that point; I hopped on ShareBuilder, found a cheap stock that looked "good enough" and bought it. Oops...
Once I found iHub, my whole outlook changed; I use it as a resource, but don't actually use any information I can't verify externally. Since I've been doing that, I haven't lost money on a single investment.
I concur.
To those who think this is a pump and dump scam, how many pink sheet pump and dumps have you tracked? I've seen quite a few, hell I've even invested in a couple (got out when I saw what was happening, and took a profit, mind you), and they never last longer than a week, with 2-3 days being typical for the run up. Oh, they also don't conduct a whole lot of actual business, which PMCM is doing; I know people who buy from Suzie Q's and I've confirmed with them, as well as Miss Vance, that the PMCM/SQ deal is legit, which solidifies the rest of the dealings we've heard about recently, as far as I'm concerned. GLTA
Excellent analysis. Add in the fact that I actually believed in this company and thought Neuromancer was actually being made and would take off. The $30 I had to put in (after commission, mind you) was going to turn into real money.
This was one of my first investments, I didn't do my DD, and I got burned. I've done far, far better elsewhere, so I'm not gonna cry about it.