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Does anyone know what caused this stock to drop from it's highs in mid 2009 to where we are today?
Hello gang, I'm brand new here and still learning about this stock. While I still have some more DD to do before investing, it looks very promising so far.
Did you get my emails (comet_80b@yahoo.com)? Thought maybe it got to your spam folder. Thanks.
I will say again what I said a month ago when everyone jumped all over me - Solid company, but it may take a while before we see solid, sustained gains.
My idea of a long wait is not merely waiting a couple months, my idea of a long wait is a couple of months and then having a bomb being dropped on the stock because of something that went bad during that time. In this case, it will take a couple months for production to even begin, so I would imagine it would be much longer than that before we are reported any concrete results. I do feel the company is solid, and I do feel they have a good plan in place, but from my experience nothing is a guarantee. In my opinion, the longer things take to materialize, the greater the risk.
Sounds to me like we are in for a long wait before we see any movement in this stock.
I would expect they will be showing us some production numbers soon.
Yeah, in fact that last trade was me. I sold at 17 and bought back in at 13.
So what's the deal did the trading halt on this stock?
Why does this stock have no volume?
I think this stock could still dip down some more before it makes it's move up.
Anyone have L2 they can share?
Nice turnaround!
So only buys from this board today?
I see. How many shares are we talking? I never thought of it showing up like that.
Question - So far today there are 25 million sells. Are any of these sells coming from anyone on this board? If so, share your thoughts. I am curious to know if most of these sells are coming from people who are in here speculating or someone else who really knows something we don't.
Depends on how much they are able to get out of it.
Why the huge drop all of a sudden today? This is the kind of drop I was expecting on Tuesday.
But someone on here was saying they're technicals indicated the stock was oversold and poised for a bounce up when it was at 19, now we are at 12. Hopefully, recover from this dive today.
I couldn't agree more.
Hopefully a bounce up!
But if charts are showing that a stock is oversold or indicates a bounce is coming, and then news comes out saying for example they are going bankrupt or something like that, then charts and technicals mean shit. I'm not saying they're not a useful tool, but they don't always tell the ENTIRE story.
How much do charts really tell you on micro stocks like this? The movement is so much different than a traditional stock.
I think the production numbers, financials and news going forward will determine where this stock goes. Technicals don't always tell the correct story.
Yeah, the requirement that they are no longer crooked.
Well, to speak in geological terms, this stock is about to have a 10.0 magnitude quake, and I don't mean that in a good way. Caveat Emptor! http://www.otcmarkets.com/stock/pmdp/quote
I wonder how long it will be until we get more news from here?
That's right, explode! You got that right. lol
No, but I have spoken to someone who has, and this person (trusted source) was told by Ault that there will be a PR on Monday.
But the new CEO promised it would be released on Monday.
So where is this PR that was promised?
But how do they explain that document??
A lot of eyes alright, on their money going down the toilet.
Funny how the more PMDP pumps the stock, the harder it falls. I would say "told ya so" but that just doesn't seem to do it. lol
Funny how every time they put out a BS PR now it sells off. lol
Well, I'll just keep making money on other stocks while you fool around here waiting for PMDP to to make you millions. Good luck with that. lol
Yeah, the news is so huge there are no shares traded! lol
I'm guessing around the 15th.
I think few of us have doubt that the price per share will rise once we get the PR. The question is will it stop going down until we get the PR?
Ummm Did you happen to miss the filing PMDP did for 15 billion A/S?
Why are we dropping so much now?