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Enough people believe in the buyout to help these russians unload a ton of shares today, IMO.
Float is 100 million here right? So 76.5 million shares traded today from the hands of people that don't want the 55 cents per share, not to mention the dividend?
Not sure where you get 150X value from, but here's a very good fairy tail for you. Instead of buying out AURC at what was its current pps of .10, this company would rather pay .55, so AURC PRs this buyout to raise the pps so that this company buying them out feels like they're getting a better deal. And AURC has 5 million ounces of gold just sitting around worth 3.3 billion, that goes with the deal right. Wow some people are gullible.
So instead of buying up this company at 10 cents a share, they are going to pay 55 cents a share, and AURC released this information now to raise the pps so the buyer would feel like he was getting a better deal? Am I missing something here?
yeah I hear AURC is giving money away.
PMCL, O/S listed at 40.8 mil with pinksheets, although Americanbull quoted 66 mil in their article on it. Either way, it sounds good to me.
Wow, this is great news! I knew if people just hung in there, good things were in the works for this company.
Big news for PMCL posted afterhours:
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2007%5C05%5C16...
This stock has reached rock bottom IMO, New CUSIP/symbol change on way, naked short squeeze, etc etc.
Still trying to order for your Mom? (As you stated in a previous post) Even though you don't believe in the company or the product.
There was over a million in buys early at .014, and yet somehow MMs were still able to drop the B/A .0005. IMO MMs tossing around phantom shares like candy trying to shake some more real shares from investors. Can't have mine, sorry.
I think the explosion happened today, from no bid to min bid. As a joke I put in a 600K order at the bid and was filled fairly quickly, still lots of dilution or cd conversion going on.
Sure are a lot of buys going through at the ask for a dead stock. hmmm, just from no one on this board, huh?
So is this thing doing a death spiral to 0, or is there any hope of a recovery?
Sorry Loniee, here is the correct link to NSS. It wouldn't let me copy the link, so I wrote it down and got one letter wrong. This one I have tried several times and works.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf
For those that don't believe in NSS and the effect it can have on a company, watch this video: http:www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vlrfhgQPAJ1s.asf
No prob, IMO that's the buy that bumped the ask back to .014
sorry but 800K of that was a buy at the ask
800K buy at the bid, that's more like it.
10K 5K 50K 50K all at .014 on Scottrader streaming quotes
wow 4 buys in a row for 115K total at the ask of .014 and the ask immediately drops to .0135. I've never seen anything like it.
I hear all these guys scream dilution, but have never had any of my buy orders filled at the bid. You take a stock like FMLY for example, that is confirmed to be diluting, instafill at the bid. I've heard RBCM called a dilution machine, but this morning, I see them on the bid at .012 and the ask at .013. If they are just dumping shares, why would they be buying up more? JMHO
I commend all you longs for your patience in waiting for what IMO will be a healthy return on your investment. I know there are at least a few daytraders that turned into longs because they bought in a bit high not knowing what kind of effect the MMs would have in not only holding the price back, but even driving it down to its current levels. However I think PMCL is a solid company and these manipulations can only hold it back so long.
All along you've had the added "pleasure" of dealing with the bashers. One of them, named after a tired old, defunct "sports car," (which will get its doors blown off by a Dodge Neon Turbo,) uses most or all of his 15 free posts a day to continually bash just two stocks, PMCL and IBTY. Not sure if he owns or has owned either, the only stock I've seen him write of holding was 3 million shares of SMAS, which he bought at .0005 average and very prudently sold at .0002, only to watch go up to .0013. Hmmmmm, guess I'd be bitter too. Hopefully he bought high and sold low in PMCL and can sit and watch it go up as well.
Another poster, choosing to knight himself, used a very lucky guess about a late Friday PR, to earn the trust of a lot of longs, BAM in a few days, became an expert, flipped it, and continued to talk bad about the stock, while he, by his own admission, waited for a lower entry point.
I stand by my prediction that the stock will hit .025 by friday, and if I'm wrong, the bashers can have a wack at me. I would rather they bash me than hear the same old tired "assumptions" about diluting, etc. Enough rambling, I'm out, and GL all.
0.0145/0.015 Buys starting to pour in, they finally raised the bid.
Well a trade just went through of 500 shares at .0150 = $7.50, less than the price of most trades.
Last 10 trades, 9 buys averaging 25872 and 1 sell of 17350, looking good in my book.
you guys are smarting than this, don't start hoping on me. No need to bash this stock to get a lower entry point.
20 min without a trade, must be another large "AH" trade or two this afternoon again.
470K buy at 0.0175, 500K buy at .017, price hardly budges, 8 small sells, the largest of which was 101K and the bid drops to .013, taking the ask down with it. Now we have another buy of 361K at the ask of 0.015, and nothing. One thing is for certain, the bashers are out in full force this morning.
Sorry man, I meant .025, guess I need some sleep too. Of course if I didn't think it would hit .1 next week, no way would I think it would hit .25. A few months from now maybe.
Not .10, but IMO at least .25, though by the looks of friday after the news release on limited channels in the afternoon, it just might hit .25 MONDAY, and if it does, who knows?
I agree, PMCL bottomed out earlier this week, but surged strong friday after the news, even on limited channels. With the name/CUSIP change almost complete to combat the naked shorting that's been going on, and a Walmart deal in the works, this stock has a nice bounce coming IMO.
Yeah PMCL had good news on Friday, which caused a strong surge that IMO will continue well into next week. Name/CUSIP change almost completed to combat the naked shorting that has been going on. Walmart deal in the works.
It probably would be a good idea for all the longs to send similar emails to them. Definitely couldn't hurt, sending off mine now.
Oh yeah! Holding on to my shares with both fists. eom
First I've heard of WTVI, shows how little DD I've done on this stock. I'll probably hold on to my shares as a reminder to DO MY DD in the future. And thanks for the little glimmer of hope that I might just get my money back in the future some day, though I seriously doubt anything will happen monday.
Maybe Stock Prowler said 66 million shares so they can load up on some cheaper shares from stockholders silly enough to be scared into selling, then SP can print a retraction. Even if there is 66 mill OS, this stock is still a bargain, IMO.
Hmmmmm, if I buy 5 million shares in the morning, and the price goes up, so I sell, then I buy another 5 million at noon, and the price goes up so I sell. Well gee, there's 20 million shares traded. Does that have ANYTHING to do with the number of shares out there? I have had numerous orders in at the buy on this stock and have not been filled once. If there was dilution as you claim, they would have all been filled. Nice try though.
Wouldn't there have to be dilution to start with before there could be "anymore dilution?"
5 billion at .0001 is only 500K, but I get your point. I took a small gamble on this lottery ticket at .0002 without doing any DD on it and lesson learned. If you don't mind me asking what happens now? Can I still sell my shares at .0001, or do I have to wait for a R/S and sell them then.
2 consecutive green closes, one .0005 slight drop, and todays .0025 green in spite of the MMs struggle to keep it down, pretty good last 4 days if you ask me. MM comment IMO of course. GL all, I think there's lots of green to come.