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Go beetle go. PERT will give ya some.
.94 X .95, thin to one as long as PERT sleeps in again today.
I think it is debatable. Imo PERT has been very calculating and patient.
Big hits coming in...
I have 500 traded at .87 at the open. High on Friday, i have .88
PERT just clocked in, sitting on the ask at .94
Amen beet....
If PERT behaves today we could hit mid .9's with no problem.
Right, but its the shareholders responsibility to make sure the company using their money to fund its projections gives a crap about the return for that shareholder. Not the case here, there is no concern for the support of the pps.
PERT has been in and out hopping on the ask and then moving back to 2+. On the ask at .87 right now.
Your screen was wrong.
Because they are assuming you would want the best offer. imo
Compare todays intraday chart with 6/20. Eeerily similar.
If i was the position holder and asked PERT to liquidate for me i would be pretty pissed at the way they are going about it.
There was great demand for the stock at 1.2 as well. i'm more confident than ever with my theory.
Exactly, i just watched PERT make damn sure this was trading in the .7's. There is no reason for this except they are short. Do you agree with me that they could be selling these shares at 1.2+ if they were doing so for a client?
Not a pos, just have to see what is happening. Watching PERT come in and out and knock it below .8's has me pretty confident in my theory.
Your not, lots will, PERT just lowers ask to hit some .78s after taking out anything in the low .80's.... Why?
That thought lets me know how close this is to playing out. More pain needs to be felt. Got to show people it can indeed go further than they think it can...
DPDW, hope you came in with half and get some more.
In my opinion he could still be selling this stock at 1.2+, we're you reading this board at that time, people were excited there was demand for the stock. PERT sucked the air out of the rally. They were content and very willing to sit at 1.225 and not move it higher, same thing at various levels lower since then. I cant explain it except to think by their actions everything points to them wanting to see this go lower. If they get this to a level where panic sets in they can cover from the same people they sold to at the higher levels.
This stock gapped and was sold down immediately quite a few days lately. If you had a ton of shares to sell and wanted to get the best price possible for them, dont you think you would let the stock breathe from time to time.
Not trying to fight either but i think believing that PERT is simply selling shares for someone is crazy. They killed the market they were selling into, why would you do that? My guess is if you 1.5-2m to work with you could do this quite easily. Might not even take that much. Basically you just sit on the ask and choke the stock until you get it to a level where panic sets in, people start to say "get me out of this thing" and they can cover a good chunk of their positon quite easily. Then in increments on the way up. Odds are you wont have a lot of people fighting you on the bid because the retailers will be asking themselves how it could have gotten this low and where the bottom is etc...
If this all sounds familiar its because i think we went through the same thing a few months back.
Look at Feb 15 on the chart, i would say someone could have covered quite a bit of shares that day, and if they had been shorting at 1.22 or 1.01 or .905 they had a good day. I think you get my point.
I realize there are many here with tons of shares i happen to be one of them, but you cant sit on the bid and counter his ask. Those shares were accumulated over time.
BTW, people jumping in front of him would help his cause. However when the spread was .9 by .95 he was quick to come in and sit at .905 and essentially push us into the .8s. Also, if its just retail undercutting him for a few shares here and there why not let them get their shares and the bid should come right back to him, he just drops it lower.
You think someone had sold this stock all the way down to .35 last time with no regard for selling it. If you short it the whole way down you cover the whole way up. The pressure they can put on the stock will essentially let them make their price.
I disagree, i think he is shorting. No other reason to be the lowest ask at all times. If he was trying to sell he would be not be capping the price. Like i said he could still be selling these shares for 1.2 or 1.3's or higher if he wanted. He will have a big chunk to cover once he gets the price low enough.
If you have enough $'s you can essentially control a stock at this level. No ihuber is going to move the stock.
But why is selling so reckless, you would think if your selling hundreds of thousands of shares that .2 would make a hell of difference to you.
PERT now on the bid, probably covering.
If he has a lot to sell why would he destroy the value of his shares, makes no sense. If you follow this stock, and many here can verify this, the intraday charts verify this, when the stock was trading 1.225, PERT put a lid on it. He could have moved his ask up and still had offers, maybe more so, but it never moved, then he lowered it. Essentially he killed his market.
Possible, but they definetly could be getting a better price for their shares. Specifically when they put a cap on the bids at 1.225, the demand was there and they had no interest in letting up on the ask. I would say they could be getting 1.3's at least for their shares right now if they wanted.
Really... I wish i could make sense of it. Reckless selling and no regard for the pps. Makes no sense to me.
Yeah, i guess i'm just pissed and tired of the shares being "sold at a discount".
Peterhead really doesnt give a crap about the shareholders, thats evident.
We all "hope" a turnaround is evident but obviously something is going on that needs to play out. The thing that stinks is not knowing what is going on. (PERT's motives) Therefore you really cant make a informed decision of when to buy or sell.
He usually isnt.
Wish i knew what was going on.
weird day...
1.01 X 1.05
PERT now at 2.8, lets take this to him.
1.01 X 1.03