Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
between me and you....i think if we got 50 people who took 2,000 shares each this thing would be at 20 cents or higher..
Whats up DOC ? PKGM, lol its looking good, seems like we have no real sellers here. Let's spread the word to fellow traders about PKGM so we can get some new investors here...any buying it and we should be able to shoot the moon with the good stuff going on as per the news releases.
look at the stock .. WHO IS RIGHT NOW ?
Any one can make an EV the question was who wants to..
now that its a real although small market, since people have shown they are willing to drop 100k for EV, its a no brainer for big auto to join.
Tesla dropping to 200 with new AUDI EV - Tesla Killer
http://www.bidnessetc.com/29622-volkswagen-vlkay-responds-to-tesla-tsla-with-a-300mile-audi-ev/
Now, remember the stock will not react immediately as funds will manipulate the stock upwards to make money off options since its a friday....watch for drop in price to start on monday..
I am excited that there are no sellers....that is a very strong point for a stock..the fact that no one is selling here after we have doubled in value in the last month...seems a positive point to me...
IF no one is selling down here, it would seem logical that until buying comes in, it can only move sideways or up....stock will have to get a following sooner or later.
it looks like it....NITE
Bid is strong...people are slowly waking up and finding out about the company and what its doing.
truth is at a dime....the whole company valued at only 1.5 million which is a joke...look at KING and ZNGA
we should have a 15 million valuation even with idol hands potential
thats 1.00 per share.
we got some buying here....just a bit slow as its a newer stock...done the IPO way not reverse merger...so not so many people know the stock yet....when and as it gets better known...we will be glad we got in when we did....early bird catches the worm
I agree we need more than 200 shares lol...but lets look at positive no one selling and hitting bids....if this stock gets strong news and we trade hundreds of thousands we could be 20-30 cents stock because there is NO resistance, nothing for sale down here.
KUDOS to our CEO, David Lovatt !! YOU ARE GREAT !!
Since I think David Lovatt is working hard to make this company succeed while not draining cash for his "salary" like other CEO's I will be buying more shares to support the company...because if it succeeds we will be rewarded same as CEO....so with this company..shareholder interests are aligned with the CEO unlike many public companies where CEO's get huge salaries even when company does not perform well.
yup, its a new stock and they did IPO, so its not like the reverse mergers that have a large shareholder base they walk into....PKGM is just starting to build a shareholder base....but they have traded alot last week or so....based on the small amount of people who know the stock exists.
as more people learn about pkgm and more shareholders join, it will start trading more frequently and heavily.
Seems like a great opportunity and glad i got in early
Correct, looks like no Sellers down here..I am sure whoever sold like a crazed monkey before feels like an idiot. LOL
was that you selling ? I think that whoever sold just created a new floor as now there is no one out there with a cost basis lower than 6 or so cents
I saw that too....if two bids come in for .085 and .095 of 10k each we are back in the 10 plus range
We have a new market maker....MBAY joined our bid...NICE
I bought those 20k at .065 I guess same seller or that seller scared some people....either way...we will plow through it hopefully soon and back up to .1349 again
It will move right back up...that seller was someone we did not want in the stock anyway....
What kind of idiot hits the bid for 5k shares at .10 then puts up 55k at .09 and within a minute dumps them at .07 when they could have gotten 13 by waiting....
a fool and his/her money are easily parted...
What an idiot - PKGM is strong...fool went down to .07 and the investors just grabbed his shares and bought them all at once.
THAT JUST PROVED HOW STRONG THE STOCK IS ...
.1349 AWESOME WE ARE MOVING.
YAY !! WE opened at 10 with some nice buying - 10's are gone now 13
Seems like that buying was the beginning of some real interest in PKGM...
I am with you DOC have a bunch at .05 and then bought a bit at .10 so I am averaged in about same as you.
This thing can easily run...heck it traded at 13 yesterday after 6 cents was sold.
There seems to be very little for sale after the 10 cents and 11 cents on offer of 10k shares each.
It's still a tiny share of its potential value after all market cap is less than $1.6 million at this price of 10 cents.
If we look at KING , ZYNGA and other game developer stocks....if this IDOL Hands which is only first game being released, does $1 million in sales we should easily be a stock above $1 per share or $15.5 million market cap
High of 13 cents yesterday and close at 10 cents on 400k+ of volume
Lets see how much selling there is under 10 now, I am in and holding...having bought at 5 cents im happy to see my investment double
PKGM up 100% with record volume - AMAZING DAY !!! I am STOKED
Only 1.6 Million Market Cap....this stock can really move...and if they start making profits we are in the dollar + range easily.
First day of over 100K shares trading..stock went down from .25 which was too high of a price on very few share sales before anyone knew anything about the company all the way down to.045 and now it seems that people know where PKGM is headed we should expect buyers to come in and the sell side is very thin...so this can go back up and higher very quickly
Every MAJOR NASDAQ and NYSE company uses PR to get info to potential investors, whats the big deal if a company reaches out to people who invest to let them know their news ?
Excellent News, I can't wait for them to announce the publisher. If it is one of the top ten, this game should be able to bring in massive sales.
There is no CHILL with etrade or anyone other than ameritrade...they must be slow....since no on else seems to restrict trading and i dont see anything anywhere even on sec stating an issue.
Must be an internal problem with Ameritrade...I am using Etrade with no problem.
PRDL GOT FINANCING !!
Profitable Developments Announces Financing Commitment
Accesswire
1 hour ago
????
PRDL Ready to Deliver on Real Estate Acquisition
NEW YORK, NY / ACCESSWIRE / November 3, 2014 / Profitable Developments, Inc. (OTC Pink: PRDL) (PRDL), announced today, that they have successfully negotiated a financing commitment from private investors to allow multiple property purchases. The credit line was negotiated at a rate of 8% which will allow the Company and its’ shareholders to keep the majority of the profits from each transaction without diluting shareholder equity.
Additionally, the company has put out contracts for the buyer of the second property and expects to sell the remaining three properties from our recent contract, over the next two to three weeks, at a significant gain.
"Having secured this credit line is a major milestone for the Company and will allow us to finance the down payments on up to 20 properties at a time, without diluting the share base," commented Carl Grant, President of Profitable Developments. He further said, "Each sale we made has been profitable and as our acquisitions grow larger, the scale of our operations and profits will greatly intensify. We intend to have a shareholder conference call in November for management to discuss with the shareholders our forecasts for revenues and profits from the distressed asset acquisitions and sales."
About Profitable Developments, Inc.
Profitable Developments, Inc. is a Property Development Company listed on the OTC markets. The company specializes in identifying and purchasing distressed real estate at significant discounts to market value and reselling them quickly for sizeable returns. The company sells the real estate priced below market value to help fulfill its’ mission of putting American families back into homes at affordable prices. Specializing in key locations globally in both underpriced land as well as in Property, the Company has an aggressive strategy to capitalize on the rising prices of Real Estate.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of Profitable Developments, Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Profitable Developments, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Profitable Developments’ future results. The forward-looking statements included in this press release are made only as of the date hereof. Profitable Developments cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Profitable Developments undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Profitable Developments.
Why does any penny stock need shareholders ? Its not like a Facebook IPO that raises billions for the company.
I guess as a public company they have more access to capital to begin what they are doing. Plus, Management owns a lot of shares and if they keep making profits guess whose shares are worth million of dollars ? Theirs and our you guessed it..
Thats why people buy shares in companies to go along for the ride...if it succeeds they make major money.
The key is financing and being able to ramp up sales..
As long as they can finance their purchases without diluting us and can buy lots of properties, then even at small $ profits per property it should be easy for the company to make millions of $, as they seem to have found a niche where they can buy properties and sell them at a huge ROI quickly.
I think every private investor and hedge fund dreams of being able to do this.
Sales and Profit are what matters...while most penny stocks trade without sales or profit.
PRDL has now shown ....very recently...sales and profits....and they seem to be growing in a pattern of trending up.
Today, they announced the first property already sold for a 60% return.....
sounds like they know what they are doing and can scale these returns for a potentially fast growing profitable company.
PRDL Revenues could easily hit $1+ million in 2015....with profits like the recent deals...that could work out to $500,000+ in profit....that would be a big game changer...
I have never seen a stock at .0001 with revenues and making money on deals.
Diamond in the rough ? I like this stock's upside !!
Let's assume they barely make money from each deal (like only $5,000 or $10,000) in profit. Multiply that by 1000+ deals and you get $5,000,000 - $10,000,000 in profit.
Looks like they are taking the Wal-Mart approach rather than the Rolls-Royce approach. Sell alot of real estate at quick small profits rather than selling a few at high profit.
Sounds like a good idea to me because it limits the downside. I have seen firms disappear because of one really big BAD DEAL. This cannot happen if they stay with smaller deals and can potentially makes lots of profit.
From what I see, they started with a small deal and keep growing their sales. I would rather see steady growth than crazy ups and downs.
If they make even 500k in profit in first year, think about what the actual value per share is....yup at least 10 times the price today in BOOK VALUE forget about upside.
I LIKE THIS ONE AND THE NEW CEO SEEMS TO BE A RAINMAKER !!!
From .07 this goes straight to .20 seems like the people involved in the IPO are not interested in selling other than this seller at .07
Looks like the seller at .07 is done.
PKGM closed up 31% on Tuesday September 30.
I have taken a position in PKGM in my IRA where I like to buy all the big winners so I don't have to lose half of it to taxes.
PKGM is a fresh clean company that went public the traditional way, no reverse merger with old shareholders and skeletons in the closet.
They clearly spent the money on an IPO and have invested in their future, seems to me an excellent opportunity at this price..though I am on the bid for more and no sellers are hitting the bid. Its frustrating for me but shows strength that there is no one eager to sell their stock at bid.
that sell order at .0002 has been there for a while....will probably run for the hills...when buying of .0002's starts in earnest