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I see this going the full 2 Billion. With all that is in the pipeline, 'savy, qualified investors' should be ALL OVER THIS. The floor is set @ .005 for the long term. Might have small jots below that, but the company is going to get its .005. There will not be any real 'diluting' below that. It only makes a profit above .005.
I think we have our 'floor', but the higher the OS the lower the ceiling is.
SM
OH I GET IT NOW...
Investors (the right kind), can purchase the shares @ .005 and the proceeds go to the company up to 2 Billion shares. Then those same investors can sell their shares ANYWHERE above .005 and make a profit... THEN they can buy again shares @ .005 and then sell them again above that and make more money. No wonder their is sharp selling above. These investors have 70 to 150%.
To answer everyones question of WHEN is this Diluting going to stop... In about 1 BILLION more shares.
So, for those that are calling the CEO a Diluting crook, and this stock a POS... you were wrong. He plainly stated what his intention was.
Just now trying to figure out how the MM's are manipulating this to their advantage. Any thoughts how they are playing this to maximize their profits.
Thanks again Ed for your input, really appreciate it.
SM
Thank you. I look forward to his answers as I am sure most of us here do.
SM
These are just follow up questions that you can ask him since you have opened up a dialog with him. That is all I am saying.
It might go something like this if you contact him by email again.
'Hi Mr. Mitchel,
This is Ed again and I thank you for the time that you spent with me the other day answering my questions. I am part of a discussion forum that has invested in your company. I have posted some of the responses that you had concerning my questions and there has been other, follow up questions that others have had. They have aksed me to continue to communicate with you so that you do not get a 'rush' of follow up questions from many different investors. I would appreciate if you could respond to the following questions so that I can pass this information along to your other shareholders.
"Then ask the questions that I posted in the other post'.
We all want to thank you for taking the time and answering the questions that we have and to let you know Mr. Mitchel, we are all very excited about the updates you have been giving about what it going on with this company. We look forward to those things coming to fruitation.
Thanks again,
Ed.
Something like that, is what I am talking about. AND THANK YOU for taking the time to reach out to him AND keeping us informed.
SM
I appreciate you posting the info on the call. So I guess you are the one to talk to him about things since he DID open up to you and it sounds like you have had a very civil conversation.
Question: How much more 'dilution' do you expect to have to do and for how long do you expect this to take before the company's earnings take over to sustain the company's operations?
Question: After all is done with 'dilution', what do you expect the OS count will be?
Question: After all is done with 'dilution', do you expect to ever have to do a Reverse Split again?
Depending on the answers to the questions, there might be follow up's.
Thanks again.
SM
So here is another incident of PPS manipulation by the MM's.
There is only 10K showing on the ASK of .005. As of this minute (10:44-46am), there has been over 300k bought into it to try and move it to no avail.
Another 'not the company dumping' but the MM's PPS manipulation.
https://www.sec.gov/complaint/select.shtml
SM
Now I wonder why they were doing this? Could it be that it is now taking out the .0048's.
Do you see the 10K 'sale' @ .0047 with 500K still on .0048?
Why could that be...how can that happen? We might want someone to look into that... just maybe.
Oh yes, this is happening JUST BEFORE the close of the hour. That would make the SMA's fall harder....right?
I am betting that we will end the day/week between .0055 and .0065. .0066 through .0074 would be a bonus.
Anything below .005 would really suck.
SM
It is not just one that needs to be done. There has to be a'continual'thin preuusre put on them IMO.
Everything you see as suspicious should be reported. The SEC will open up sooooo many there would be no other choice but to hold them accountable. Each trade is a sepreate offence.
Give it a try.
SM
You might be amazed at what the SEC is doing to TRY to hold law and order in the markets. As I have posted many times, there is a link that you can ask them to open up an investigation... it it here:
https://www.sec.gov/complaint/select.shtml
It can not hurt you at all and it can only help IMO.
It will take more than just one person to ask the SEC. There was soooooo much that has happened over the last week. It is my understanding that each complaint that is filed gets assigned to a new person. In EVERY inquirery that I have submitted I was ALWAYS contact directly by the person doing that investigation and that person was a 'General Counsel' attorney. They took my statement in an email form, then followed up by phone with me...sometimes several times in the same investigation.
I tell you that you should have the specifics of what you are asking them to investigate. That is why I have continually pointed out the things that seem to be illegal... Massive buys into small BID/ASK; washed trades under the BID; 'Stepdowns' to keep the PPS under certain SMA's at critical times... especially the REALLY SMALL ones. There can be only one reason that a MM would place a 200 share 'sale' under the SMA'S at certain times and that is to manipulate the SP.
When thost things are investigated, the MM's have to justify why they made the trades. They can not show that some 'order' came in at just that time for 200, or 1000, or even 10,000. It ends up being pennies to just a few dollars. The more the SEC looks into those individual MM and especially the specific trader, the less they will try and do it.
The that is report to be investigated the better IMO.
SM
That was a very well written letter and one that needed to be done. With the exception of the 'lawsuits' section, I think you hit the nail right on the head. I would have left off that part though.
I am interested in hearing about any reply you might get. I would hope that you would share it, in it's entirety, here with us if it is answered.
I would also offer up to you and anyone else that plans on writing this company, that they might post their potential letter hear for us to read and maybe offer suggestions of things that might be included or excluded (like the lawsuit thing).
Anyways, I thought it was very good and something that was needed.
Look forward to hearing what happens.
SM
Over 30M in volume this last 15 minutes and the MM's are fighting hard to keep this down. Tons of shares into small ASK sizes with no movement. Don't we love to see how they do this?
SM
As I said yesterday... today could be the day to start higher. I think we are bout there and am looking for the .0061-.0065 range as the next stop.
Added.
SM
For all those that want out, I think tomorrow will be the start of your opportunity.
Do not want to hear that you did not have the oppoprtunity to get out when you get back to about even and leave this so called 'POS', 'Crooks' etc. stock. You all know who you are and so do the people here that are in this for the long term.
Your opportunity to get out and find something else somewhere else is coming SOON... IMO.
Good Luck!
SM
I am glad to see that there are others here that notice what is going on behind the 'veil'.
There were many here that were not loading in the .003's when people were screaming about the DD. They probably waited until .008's and above AND probably did not invest what should be appropriate for THEIR portfolio. Down here in OTC land especially IHUB 'they' are always looking for the home run and retirement in one trade and 'IT MUST HAPPEN RIGHT NOW". There is no patience nor do they do their own DD that is necessary.
I am personally looking for another 'adding point'.
The only problem I have is with the MM's that manipulate the price which is illegal. But, it does offer opportunities to add 'below fair value' at times.
Thanks for your work on DD.
SM
That was sure a hell of a lot of shares into a .0056 ASK of 20K... several million before it moved. No manipulation there...
MM's do not want it to move... it don't move until they are done!
SM
I hear constantly on IHUB about the NEED for volume in order for something to move or go to a certain level on the charts. It is my opinion that that is a total myth. You can look at level 2 and see how 'thin' something is.
There is only ONE deciding factor for a stock down here to go higher and that is: WHEN THE MM'S say the time is right. They determine when it goes and no other factor. Sales, Losses, OS, Diluting, etc. have no determination at all.
IF the MM's have positoned themselves for the move upward, then it is going to go. In fact, you would probably want to see just a little bit of volume on the way up since the MM's have already turned long and they will now have to sell their long shares to those that are 'chasing the market'. When they become neutral, it will level off, and when they get short it will fall.
It could not be any plainer than that. If you want to know what is going to happen, look at the volume that is happening BEFORE a move starts and learn to understand the language of the MM's, which is the SMA's especially the 30 and 60 time frames.
There is not one thing any of us here is going to do for PPS. The MM's control it all.
It is also interesting to see that many like to be 'fortune tellers' on IHUB. They state: ' this thing is worth 5, 10, 20 cents etc.'. So what is it worth 5, 10, 20? There is a lot of difference between those. As I have said many times here, there needs to be a DETAILED discussion of the financials and where the losses are coming from and the rate of revenue growth and where it is coming from. There is no interest in that here though.
I do not think these people are liars and thieves. I trust in the numbers that have been coming out from them and see tremendous growth in the company as a whole. The losses that have occured are probably going to dwindle as the expenses come down, not only as a whole in areas, but as a percentage to revenues and gross margins. There is much that could be said here but....
I personally think is stupid to keep the same conversations (arguments) going day after day, week after week, and yes even year after year. You all have got to have better things to do with your time than this.
Just my opinions though.
SM
Another nice follow through morning. No crazy swings or volume. Nice to see this steady off the bottom.
We need to watch the 50 SMA's for the 30 and 60 time frame. They are @ .0047 and .0045 and on the rise.
I think we might get over that .0069 hump soon.
SM
The 50 SMA for the 30 min has just started to turn south now @ .0094 down from .0095. The 50 SMA for the 60 is still 'flat' @ .0086.
It is my opinion that things need to start rising from here and soon to keep this in a positive uptrend.
SM
Remember that the 50 SMA for the hour is @ .0086 while the half hour is @ .0094. They both are just 'flat' which means to me that we are just 'tredding water' for the time being.
The interesting thing to me for the near term is the 20 SMA for the 30 min. It is .0085 and is declining. It will be approaching the 5 and 10 sometime today. This will be very telling. If we can see those three converge together and start rising to meet the 50 we could see a 'sling shot' effect soon.
Key areas to watch will be a close of the 60 min @ or above .0086 which is only abour 10 clicks away from here. Then of course moving up to the .0094 area for the 30 min close.
All this should be done before they go from flat to declining.
SM
Very nice day so far. Really good volume, but not crazy. Nice PPS appreciation.
By now, you all should have had your opportunity to accumulate the amount that you wanted and feel comfortable with or you just might be chasing ( never a good thing IMO).
High of .006 today with good 'washed' trades up there in that area.
I added more @ .0044 last Wednesday. I saw a 'gap' that I liked and thought it was a sign of PPS appreciation to come soon. Only 2 trading days later and it started.
I can not tell anyone what to do and I am sure not going to argue with anyone... But I am locked and loaded. I think the ride has started. I hope for steady PPS appreciation and NOT a quick spike. Remember that the .0069 is a 'trendline' resistance and we need to see multiple closes above that... even just a few ticks would do.
Good luck to all!
SM
I argree with you and at the same time I disagree with you.
There should not be SP manipuation by the MM's and THAT IS EXACTLY WHAT IS HAPPENING right in our faces. They break their agreement with the SEC and those that were 'duped' into thinking this last rally was the start and bought over .01 should have a very legitiment gripe. The MM's are making 100,000's of dollars on this, while those that are investing in an up and coming company, are stuck with losses going into the weekend, when they should probably celebrating going into the weekend.
AGAIN... if you fed up with this shit....
https://www.sec.gov/complaint/select.shtml
SM
That is a very good question. I am open for a real discussion on that, but there are many things going for this. I will not go over them here, since there are others especially AJH92.
To be honest it is almost impossible to come up with a specific value do to ALL that is going on. There is too much for me to try place an accurate value.
The major thing that is the variable is the Dilution. How much and WHAT ARE THEY DOING WITH IT. I really do not mind dilution if it is put to good use. There seems to be quit of bit of positives going on with this company, so they seem to getting value for what they are issueing.
IMO, there is only 1 way that this is not worth .007 and that is if this WHOLE THING is a scam. I do not think so. I have been fooled before and will again I am sure, but it seems the BUSINESS is going in the right direction, just the PPS has not followed YET.
Do not forget that we closed the other day @ .0136. We could open up even with that at any day and go from there and the daily chart will 'be intact' and there will be a 'gap' in the weekly...which would be very positive.
I believe in what this company is doing.
SM
No not a share sold by me. My highest buy is @ .007 the other day. I did not expect this to be back here, but I am looking for the right place and time to add. I am still in profits... just not like I was. I am confident in my DD and there is no way it is worth .007!
SM
With all the negativity... and I can understand why... The 30min and the 60min (50) SMA is just now 'flat' @ .0096 and .0086.
I would watch power hour very closely. There would actually be no harm done if it closes @ .0086 or higher... actually healthy longer term.
Not saying that it is going to happen, but it is something to watch.
SM
I do not know. There is only 78K on the ASK @ .0045 and does not seem that anyone can even buy that up. Always a lot more talk than action. Everyone waiting for someone else to do the work.
SM
Right after I posted this, a 'sell' of 3.1 Mil. Buys of more than the 78K, but they still have that 10K shown on the ASK of .0045. You go figure,
Notice how it closed the hour @ .0087... RIGHT ON THE 50 SMA for the hour. This shit can not happen unless it is being manipulated.
What to watch for next...
The 5 is @ .0097 and is declining.
The 10 is @ .0104 and declining.
The 20 is @ .0104 and is still increasing.
The 50 is @ .0087 and is now flat.
Watch the 5 to approach the 50. As it gets closer you will want to keep an eye to see if there is buying volume AND price appreciation to keep it off the 50.
Watch the 20 also. It is still increasing, but my suspicions are that they will try and level that out.
The key will be when the 20 starts to level out...the 5 does not cross the 50 and they start to increase the 50 upward from here.
This is why everything needs to be watched to see what they are doing.
SM
The 'fight' right now is the close of the 'hour SMA (50)' @ .0085-.0086.
I think we can probably rule out the strong WEEKY close above the .0127.
Everyone still noticing the 'washed trades' that are happening below the Bids?
SM
LOOK at the MILLIONS that being bought into 200K @ .0086!
Who do you think was 'selling' all those share into the massive volume of buying? The MM's. They have to get rid of what they sold and at least get back to neutral. No market goes straight up or down and the MM's make sure they make money in ALL directions at ALL times.
This action probably has little to do with where this is going to be in the long run. If you are not trading, but investing and have done your DD, then I would stay the course. You got extra money, look to put it to work... this could be a gift horse.
All my opinion only though.
SM
Also you should notice that this is computer generated. You should notice that as soon as a higher Bid pops up, it is immediatey taken down. That can only be an algorythm that will continually sell until a specific price target and time frame is reached.
SM
Also watch all the action going on now. You will notice trade going into the BID that should move it up, by the BID amount stays the same or increases. This is done @ the SMA's of the 1 min time fram amoung others.
Look how many shares were bought into 200K Bid @ .0099 and now how many MILLIONS are being bought into .0098 of only 300K. Do you see this keep going down?
Remember the 30 Min SMA (50) is @ .0093. If they close this half hour @ or below this it will 'flatten out'. Next stop is the .0086 for the hour SMA.
If this is not being manipulated...
SM
This action here this AM is being HIGHLY manipulated. There is serious selling pressure to keep this down under the SMA's. One way you can tell that this is a conserted effort is the way these trades are being 'washed' by other MM's. If you look at the Bid/Asks and say they are .0110/.0115 and there is several million shares traded.... THEN we see that about the same number is 'washed' @ .0105 when the Bid is still .0110. This tells me that the MM's have already predetermined where they want this to go.
As I look now we are in the mid .009's. Little doubt about it to me.
The 'support' is now the .0086 level which is the 50 SMA for the hour.
the higher, but minor support is the .0093 level which we just touched. I am thinking they are going to keep it down here for a while... makes no sense now if they do not 'flatten out' the SMA's. In the long run this could be very healthy.
Look for the test of the .0086 areas and the swaping from the 'weak hands'... as some have called it.
If you are positive on PSRU, then the .0093 to .0086 is an adding zone in my opinion and not a unloading zone.
All my opinion though.
SM
The train is about to leave the station. I hope you have eaten all you want. Do not want to be chasing.
SM
Nice volume coming in here. This .0106 might be as low as she goes. Again, for any that want back in... are you 'light'?
SM
I think that is all that is needed to be said. I do not have a calculator that can add up all the volume over the past week...
If it was their desire to really dilute this thing they have had EVERY opportunity to do so this past week but have not done so to any real degree. They could have done hundreds of millions over the past week and we would have hardly noticed.
Dilution happens down here in OTC land, but this amount is not even worth talking about IMO.
We taking this higher soon IMO.
SM
Good morning all,
This is an update from my last post yesterday @ the close.
As I stated we could see a test of the .0119 area (where trendline resistance was yesterday). We have tested this area and even a little more. As I look at the charts I see some very positive things going on, especially one in specific.
As I said yesterday, if you got out early yesterday then today might give you an opportunity to get back in. A test of .01 this AM WAS the time and area to do this. It is my opinion that we are going to hang in this areas for a little while...maybe even the rest of the day... we will have to see.
Just like yesterday, we have the 'nay sayers' out again. You can listen to them or you can do your own DD. For others that are 'light' this would be a good area to add IMO, but you might want to save a little if it goes and tests under .01. I do not think we will, but it is possible.
We are buying time IMO and we should head higher soon to close out the WEEK very nicely. Next stop is .02 IMO, but we need to close the week above .0127. The further above this and the closer to .02 the better.
Stay the course IMO.
SM
Nice close today above the .0119 trendline resistance. Next resistance is just above the .02 for tomorrow and will slightly increase in SP the longer it takes to get there. There could be testing of the past trendline of .0119 tomorrow. The real key is for us to close well above the .0127 mark for the WEEK.
For those that think they might have gotten out to early, you might want to look at that pull back and test for a possible reentry point (.0119 or lower).
From a personal standpoint, I do not want to see that level... want to see this push to .02 area soon.
Really good day for all those invested in PSRU!
Tomorrow is another day.
SM
One last push in the last few minutes to leave this .0127 WEEKLY 50 SMA?
Pausing here... push to over .015 today?
Come on finish this day right!
SM
You are welcome... only have 4 posts left for the day.
We may see a 'treading of water' for the close of this half hour... maybe around .0120 area. Would LOVE to see this push up to .015 area or beyond for the close. That would put some serious real estate on the charts in regard to the SMA's. The WEEKLY 50 SMA is .0127 and falling. The farther it closes above that for the week the stronger the reversal will be in the long term IMO. As always, only my opinions.
SM
Trend line resistance @ .0119. Do not worry, slight delay before resuming upside IMO. Stay the course. Hope those took advice and got back in before.
Next target .02 then .03. No real resistance before then IMO.
SM
So how many shares can be put into a 10K ASK without moving up. Then we see them all washed @ 0041.
Keep watching the tape. It is unbelievable!
https://www.sec.gov/complaint/select.shtml
If anyone is interested.
SM