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I love playing the banks also. Good call on RY.
crazy last 30 minutes
To all of you on this board, I think that you have decided to put money into this company with the hopes of striking it big. I too have done the same. Sometimes things take longer than you would like but if they do indeed happen, bingo. I am and have been cautiously optimistic. Start up companies can end up falling flat and you lose all of your money. I just hope that we have not been conned. I hope we have all gotten our information from different sources because then the info would seem more likely to be truer than if we were being fed from the same source. Good luck and go solar!
They have supposedly signed a contract with a guy who has a product they are going to produce. He will become a major share holder in exchange for the product. Supposedly, they are waiting until after their financials to announce so it doesn't screw up last years books. Seems weird but my source is fairly reliable. As you see, on Feb 5 until now some action has taken place.
My guy says they already signed the contract and are using it to try to secure the financing. Seems a little fishy to me because if they announced the contract, the price of the stock would rocket and they could use shares to secure some or all of the financing. Agree or disagree?
It is time to buy. You will see some action in March.
I have heard that they need to secure financing and they will have the project in India. I do not know how reliable this info is because I have been hearing things for a very long time!
My guy told me about the solar panel about three weeks ago. He also told me there was no way they were going to do a plant in India. He mentioned Canada. He told me that the panel was 4 times stronger than anything out there and passed tests but they aren't sure how they want to put the info out there. They need UL cert and a patent. They do own land and they do want to build a panel farm. First Solar is the big player and they want to start supplying this panel to builders.
This is totally consistent to the info I have been getting from my guy. Let's just hope it all pans out.
I have information that may or may not be true but it comes from a very reliable source. My guy told me that Raj was able to get property in India because of family. Supposedly they are going to build a manufacturing plant for a solar panel they just finished testing in California. Supposedly it passed. They are trying to decide how they want to put out the information and then supposedly this is what they will manufacture in India. The plant is not dead but it is now a long, long shot. True of false? We will soon see.
Why do you all blame shorters? Sirius radio has 225M shares shorted and look what it has done. Because it is a REAL company.
I only short companies that I know to be fraudulent. How can you invest your money into a company that pays others to pump it up? Or why do you invest your hard earned money in such a speculative stock? Because you are greedy. Good investors who make money play it fairly safe. They would rather buy 5 shares of AAPL and get a 50% return on their money then buy 1M shares of this crappy stock. It isn't HOW MANY SHARES YOU HAVE. It is your RETURN ON INVESTMENT that matters. Good luck.
The institutional buyers aren't selling. They go for bigger gains. $10M is a nickel to them. The reason this stock is moving like it is is because people with a lot of money can buy, sell and short at will. The little guy is already in and is not buying more shares. If you short 6M shares and it moves a penny, praise the money train. If you buy it and then 4 cents later you sell it, hello new Ferrari. These people are rich because they have the money and gonads to do this. Everyone knows SIRI will head up. It just isn't going to move too fast.
LONG SIRI!
I found out something very interesting. In Time magazine they had a lot of interesting things to say about India. A $12B steel plant was approved 5 years ago and still hasn't been built. Why? Because land acquisition is the number one issue in India. People do not want to give it up. Especially the government. Bribery and kickbacks are still a huge problem there. This may be why PTOS is having so many issues.
Just a thought!
Learn to do proper research!
There are too many legitimate companies to put your money into. Why take such a risk? Greed?
Dilution is when a company issues more shares. I am amazed at how many people say the price is going down from dilution. These piece of crap stocks are ALWAYS shorted. Why? Easy money. Learn how to trade before you put your money in.
DO NOT BUY THIS STOCK!
There are a lot of reasons a stock goes down. Pre market, the big money drove it up(1.64) with minimal shares so stop loss prices would go up. Then by selling, they eventually got to the trigger point and you can see that twice on the chart. Then notice the HUGE buy orders. 6M, 4M ... These rich people aint stupid. LOL I can't imagine why anyone would just sell their shares otherwise.
Obviously with 185M shares traded the rich people were selling and maybe even some shorts. You have to remember, SIRI is the most shorted stock out there.
Someone made a cool million dollars. They bought 10,000,000 shares at 1.52 - 1.55 and sold from 1.64 - 1.58. I wish I could play like that. SIRI is down because people with a lot of money can run it up and down. They know it is a hot stock and they are using that to make a killing.
Someone just made killer money. 2 million sold 4 million shorted.
CNBC and any company that owns radio is bashing this stock. Why wouldn't they. Also, short interest is around 225 million with a lot of shorts who have not been squeezed yet. What are they waiting for? No idea. But they want people to panic and to sell into them. Hold tight peeps. All will be good and don't fret tomorrows drop after the news conference. Just a mere blip. I am very long SIRI. I want a new Porsche!
You all need to learn what a pump and dump is. I am amazed that intelligent people can be so easily suckered. I shorted at .70 because this company is a fraud.
Hey Stockfinder, I originally was told about this stock by a friend who is a stock broker. He told me to invest only a few dollars at first. So I checked out the company and bought some shares. Then a few months ago he told me to go "all in". I asked him why and he told me all of the things I have read on this board and have put out there myself. Having talked to the old IR guy on the phone, I felt fairly confident. After getting an email from Hans, I felt pretty good. But I have always had some doubts.
You just stated that a guy in Vancouver is pushing this and he also did MDXX. Well, what scares me because that is where my friend supposedly got some information. Also, there was an 80,000 share sell off recently and supposedly those guys were going into MDXX.
What can you tell me about this guy in Vancouver?
Thanks.
The thing I am hopeful for is that they are on the PEDA web site and have an MOU date.
Thoughts?
Hello to all of you good people. (yes that includes you Stocksock)
If you look at my posts, I try to limit mine for when I have information. Sometimes I respond crazily but....
I have a friend who has been a stock broker for 25 years and he has been the guy that has been feeding me my information on PTOS. Everything he has told me has been true so far except for the timing. (He has been to Punjab) This morning, he told me that a couple of stockholders who have a ton of shares have sold off the last two days to buy another stock. (He did not sell) They are pretty sure the project will go through, but they think it will happen later than sooner.
I told him that I think the stock could end up at a penny or less (Stocksock prediction). If that does happen we both are going to buy a lot more. (I almost bought at 8 cents Friday)
Before you bash me, notice that I think PTOS will get a contract!
But as stocks go, if nothing is happening, people sell. Amateur investors have no patience and they buy high and sell low.
Just my 2 cents!
I just got an email from Hans Edblad. He told me that the new web site will be finished at the end of July and then they will announce it. He said all is well but delays are killing them also.
nice 30.34% loss for me today. Got in a little late. Oops.
Panic sellers now!
Now that was funny!
Here comes the huge drop! Ouch for me!
Now you know why I watch and read. Havnphun clearly stated that the late 90's was in an economic slide. IMO, that meant you couldn't make money in stocks. Then he goes nuts! People are weird. Nobody can carry on a nice conversation anymore. Everyone has to jump on someone to fell good about themselves. I don't know.
havnphun. Explain post 459 to me please
Havnphun. Man, chill out. I wasn't attacking you or saying you were wrong. You told the guy his quote about the late 90's told you everything. I thought you were stating that he couldn't have possibly made money. My bad if I misinterpreted.
I usually just watch and read.
How many shares do you still hold? I have 230,000
you are wrong, havnfun. The crash happened in 2000. I sold all my stocks as they started the huge fall down. I saved over $100,000.
So late 90's was good for a lot of people. I think OTOW will end this day at .0078. Maybe a quick jump in the morning then a huge sell off. IMO
Flipping these stocks takes balls. For those who have the money and nuts to do it, God bless them. I wish I could. If I can get out at .01, I will be happy. I actually had a sale order in at.011. Oops. .0109 and then the plunge. Crap
we have hit a wall at 160m shares. we'll see if it picks up again before the end of the day
I have to admit, I can see where stocksock is coming from but he will be proven wrong in the end. As long as there is no volume and the price keeps trickling down, how can you not assume that this company is nothing. I have faith in the information that I have seen and been given. Will that faith make me money? Ahhh, the art of gambling on stocks!!
I was told they are building a new web site. For what? I have no idea. Supposedly they are to announce some kind of news in the next few weeks. I too have 100,000 but at $24,000. I am probably going to let it play out and see what they give us in the next few months.
Ok peeps. Mark Bernard is the wrong guy but he was the right guy at one point. I talked to him for 30 minutes and he told me to hang on to PTOS and I will be rewarded. IN HIS OPINION. We all know they are a year late but that is just the way it goes.
If you check the MOU dates on P.E.D.A and the jobs that have been commissioned, they are all around 18 months. That would give us 6 months until PTOS is commissioned. (If at all) I will hang out because I believe it will happen. How far will the stock drop until then......? I have no idea. Could go to a nickel.