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The good news is that we can only lose another 1.04 cents on the share, yet we can gain an infinite amount from where we stand.
If you have not bought at these extremely low prices, then you are missing out on the bargain of the year! I bought last week and will buy some more this coming week. This is the time to average down and then wait for PDOS to go higher and higher and higher...
PDOS4Life
... no one mentioned that we closed in the green today! Any day we close up in price is a great day!
PDOS4Life
Platinum Studios - Comics Fueling Media EVERYWHERE! I want to believe in this statement... so I will continue to buy and average down. Will try not to get too excited about money lost. As they say -- as long as you hold onto the shares, you haven't lost anything. If you sell, then it is realized loss.
PDOS4Life
Do not be fooled by the CEOs lack of communication. It may appear that he does not know what he is doing, but you must remember that his main goal is to make Platinum Studios a successful company. He IS doing that. The PPS of PDOS is not his main goal. I agree he could have more communication with shareholders, but it isn't happening.
I just noticed we dropped below 1 cent for the first time ever; another 52-week low! Incredible! I bought in when the PPS was over 6 cents. I have been able to average down to about 2 cents a share. I thought that was good, but in order for any of us to make money on this, we will need more than just good PR. We need a Quarterly Report detailing Assets and Liabilities. We need to see Rosenberg pay off the debt that currently exists, and we need to hear about the status of the other projects.
For now -- I guess we can continue to buy in order to average down, or do not pay any attention to PDOS for several months and then check back.
PDOS4Life?
Mornin' Tradin4G... for us newbies, can you give a quick easy explanation of your candlestick graphs?
PDOS4Life
Woah!! Need to go back to Platinum Studios site and review all the material! haha...
Thanks -- you obviously recognized it as the man from the Unique comic book. I believe the character's name is Jon Geoffries. Here's another character you should know:
http://investorshub.advfn.com/uimage/uploads/2011/9/6/inwfgHeroByNight.jpg
Well so much for some news coming out. My brother did buy shares of PDOS today though. Still we saw green at market close which is always good. I think I am going to take a little vacation from PDOS and check back with you all in a few weeks...
PDOS4Life
Good Point! They don't call you wise1man for nothing...
I added to my holdings today, buying 10K shares @ $0.0146. Like you said, PDOS is a LONG hold. I will be:
PDOS4Life
...someone selling @ $0.0146? I just wish all us shareholders would hold onto our shares and force the people buying, to pay the higher ask prices. Not sure who is selling at these low prices? Frustrating...
PDOS4Life
Market Opening excites me this morning. Let's all join hands and use our Mind Power to will PDOS over the 2 cents range today. Ready?
HHHMMMMMMMMMMMMMmmmmmmmmmmmm...
I wish I could fast forward 3 - 5 years and see where PDOS is at?!! I believe that by then, Scott Mitchell Rosenberg will have this company sailing smoothly into a buyout by a major company and all our shares will be worth much more than they are worth now. It would be nice to see a mini 3 - 5 year move in the next 3 - 5 weeks.
PDOS4Life
Well my brother and I made up of course...and he did have a few things to say about PDOS:
1. How many penny stocks have had a hand in producing a major movie? One, Platinum Studios
2. How many stocks out there can you purchase that will make you a shareholder in a movie production company for less than 2 cents a share? One, Platinim Studios
3. He will be buying at the opening bell before it starts to climb. He believes the stock is prime to go up and figures he cannot lose that much money at this discounted price.
4. How many penny stocks out there, have partnered with a charity to sell a children's app that is being highlighted on the news and the Web? One, Platinum Studios
5. Lastly, he hopes he can get his shares cheaply, counting on all the negative publicity because of all the debt the company owes. He sees the next quarterly report, lowering the debt and showing a huge spike in revenues.
More importantly, he said I can quote him and told me don't I dare sell any of my shares at this reduced price. He advised me to hold for a few weeks to see where PDOS is going...
...my brother is just another person that happens to day trade -- all the above is just his opinion.
Good luck to us all.
PDOS4Life
I should probably change my name -- as someone suggested -- to PDOS_Embarrassed_4Life
... I won't hide and I won't change my login name -- I will always be PDOS4Life, yet I am new to all of this and I did not realize that by posting some simple news from my brother, it could be something illegal. I am here in NY and after speaking with my brother, he says that there is news but that he did not get it from another trader; he received it from the internet, something that is available to all who do their due diligence (DD). He did not realize that I would post his "tip" and is furious that I did what I did.
So now you know the rest of the story -- my apologies to all my fellow PDOS shareholders, I do not want to damage our company and I do not want to post false hope. I thought I was helping us all, little did I realize that if there actually was news, I would be breaking the law.
So when Tuesday's market opens, I still hope we close in the green, but for different reasons. Thank you to the informed traders that are on this board and that care for our well-being. You can be sure my future posts (if allowed) will only be facts and information that I glean from DD and opinions related to Platinum Studios (PDOS).
My Apologies...
PDOS4Life
HOLD YOUR SHARES!!! Announcement coming out on Tuesday, 9/6/2011; my brother is a day trader and supposedly there will be good news coming out on Tuesday that will positively impact the PPS. I asked what his sources are and he declined to comment. He did say he was trading and one of his closest most reliable sources told him to buy more shares at the current PPS and then hold on to the shares. Regardless, whether this is true or not, I will be holding my shares even tighter on Tuesday. Will be watching Tuesday's volume to see if there is a spike in numbers being traded.
Will try to get more info this weekend as I will be visiting my parents in NY and will have a few beers with my brother. Hoping he "spills the beans" and comes clean... and that this is not another one of his "get-rich-quick" schemes.
Good Luck to us all and here’s to hoping that the good news will propel us back to at least the 2 cents range.
PDOS4Life
I miss the excitement when PDOS was one of the most visited boards. I miss the double digit gains. I miss all the money I invested @ a PPS of just below 4 cents. The key workd here is L-O-N-G.
PDOS4Life
As much as I wanted C&A to succeed, if I was not involved with Platinum Studios, I doubt I would have seen the movie. It would have been one of those movies you watch if there was nothing else on and you were craving for theather popcorn. Still I am long with PDOS because they remind me of a time when I was a kid reading comics and didn't have a care in the world. It is a feel-good stock/company even though they have their issues.
I am sure PDOS will have numerous runs up and down and it is just a matter of timing if you can sell/buy at the right time. I do want to believe that eventually, when they settle their debt, they will become a company that is solid and a good investment. I do see Platinum Studios eventually topping off at the 1 - 2 dollar range, which will make all us investors very happy!
Time will tell...
PDOS4Life
Thanks Catngetmyname... appreciate you explaining that. I fully understand now. I thought it would be so easy to move PDOS up and down... not the case.
PDOS4Life
... now I really don't understand!!!!???? The price went down?!!!! how is that possible? I need to do some studying on trading 101, simple as that. Sorry all, for my beginner questions.
PDSO4Life
...I still don't understand? My buy and sell trades @ 2 cents AON are just sitting there? Is this manipulation by the Market Makers? I know there has to be someone out there that wants to sell/buy 10,000 shares AON at a PPS of 2 cents. There has to be...! I wish I had level 2.
PDOS4Life
can someone list Level 2?
...so let me get this straight. If I am buying or selling at 2 cents a share and someone is buying or selling at a lower price, they go first? I can see why, but if the amount of shares cannot be met by all the buyers or sellers in front of me, then won't I jump to the front. Hypothetically speaking, if I want to buy 100,000 shares of PDOS at let's say 2 cents a share and there are others selling at a lower price, or buying at a lower price, won't I jump in front of them if I use All or None? Let's say I want to buy and someone wants to sell and we both use AON, if the amount is high enough won't that force the MMs to execute our trade? The volume is so low now, that I can see this as a possibility.
PDOS4Life
...they can combine multiple sell orders to make up the 10,000 shares? hmmm... I guess that would stop someone from trying to artificially raise the price.... good point. Oh well, another lesson learned. Funny though that neither of my orders have executed yet...?
PDOS4Life
What if all those orders are for less than 10,000 shares? Then the MM would have to go to someone that is either selling or buying 10,000 shares, since my orders are in for All or None.
PDOS4 Life
..will keep you posted as to what happens. Have to head on in to work. I took off this morning to go to a sleep apnea consultation. Will be sleeping in an office soon, to see if I suffer from not getting quality sleep. Maybe if PDOS went up in PPS, I would sleep better.
PDOS4Life
What would happen if someone, anyone from this board actually put in a buy/sell for 10000 shares @ 2 cents AON? Just curious... is 10000 shares too little to affect the price? At these low volumes, it may or may not affect the price.
PDOS4Life
... is this really price manipulation? I won't let the shares go for less than 2 cents AON, and I have no problem buying 10000 shares @ 2 cents AON. Any thoughts from the PDOS family?
PDOS4Life
...I also have a sell order in for 10000 shares @ 2 cents AON. I thought I could sell to myself...haha... Anyone want the shares?
Nelson
did not miss much Roadster. I do have a buy order of 10000 shares AON @ 2 cents. Want to sell?
PDOS4Life
...just put in a buy order of 10000 shares @ 2 cents All of None. Let's see what happens...
PDOS4Life
...just put in a buy order for some PDOS @ 2 cents AON...it is just sitting there?! I don't nderstand why I can't get 5000 shares AON?!! Interesting...
PDOS4Life
...by the way my PPS for the execution was actually $0.0164 when you factor in the $7 fee. Heading to work -- learned a bit more about trading today. Appreciate all of you that sent me messages trying to get me to understand trading 101 a bit better.
PDOS4Life
by the way, my 5000 shares were executed at 1.5 cents. upped the PPS from 1.45 to 1.5. Good luck everyone...
PDOS4Life
No I did not know that...oops. OK so I am assuming that is illegal? OK, was just trying to get the price back to where it should be. OK everyone, disregard all my posts since I do not want to get in any trouble or get banned from trading. I will keep my buy order in though -- but will not continue to talk about this anymore. Thanks dblue987 for the advice.
PDOS4Life
My buy order for 5000 shares all or none is still in and has not executed. If someone out there puts in a sell of 5000 shares all or none -- that is the critical piece -- then let's see what happens. Hopefully this will jump to 2 cents! I am dreaming...
PDOS4Life
Understood MyKindofTown, but if I say 5000 shares All of None, then hopefully there are not many people that are selling 5000 shares at once. Hopefully it will go to the person that is selling his 5000 shares AON...
PDOS4Life
OK Roadster... Not sure this will work since we are only using blocks of 5000, but here goes...hold on a sec while I put in a buy for 5000 shares AON @ a PPS of 2 cents. OK DONE! Hope your sell order for 5000 shares AON is still in. Good Luck to both of us.
PDOS4Life
Roadster,
I changed my AON bid to regular to see if it would prompt something, since it was just sitting there -- it executed at 1.5 cents. Okay, leave in your bid, and I will transfer more $$ to my account. I will be able to buy some more tomorrow. But, change your sell order to 2 cents PPS for 5000 shares. AON. That will be more realistic. If that goes thru, then I will owe you 5ooo shares at the next price. We can possibly keep this up until we both raise the PPS up... Sounds like a plan. We can start at 2 cents, then it will be my turn to sell at 2.25 cents, then you can sell at 2.5 cents, then my turn at 2.75...and so forth. Let's see what happens.
PDOS4Life