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Why should PGLO go up ?
They already have a $16.5 million market cap, but only $4500 cash, $0 revenue and negative equity.
By what justification should the company be worth more than $16.5 million ?
Read the SEC filings of any stock for all the details. Especially the quarterly 10-Q & annual 10-K reports.
The pump & dump already happened last year. So dead money now. But it looks like the touts and paid promoters are trying for round 2. If you already own the stock, you may get lucky and get a sell opportunity higher than the current price. Who knows.
9% is a long way from owning it. How are they going to pay for the rest ? Did you see their balance sheet ?
Cash $ 4,515
Total assets $ 461,978
Total liabilities $ 1,126,094
They have no money to buy RYEL.
I don't own PGLO. It's obviously a pump & dump penny stock with no assets.
" ... who's pumping this? ..."
Look in the mirror.
" ... IF this is a pump and dump ..."
Do a little homework on how Pump & Dumps work.
This is one of many in the penny stock world.
Investopedia has a good write-up.
" ... AGIN President Arrested in Greece ..."
About time. SEC should have shut him down before they let AGIN even get started.
" ... PGLO's Multi-Prong Approach ... "
Oh stop with the bogus Pump & Dump shill-job. Reading the SEC filings it's obvious this is just another P&D scam ....
" ... Missed this company and they're due for a nice rebound. $PGLO ..."
No, it's another worthless Pump & Dump scam.
" ... finally looks to have bottomed out. ... "
No. This so-called "company" is worth $0, so bottoming out would be when the share price also hits $0.
Worthless Pump & Dump.
Are people really buying this scam ?? Read their financils. My 13 year old son is in better shape. At least he has a positive net worth of $1800.
It's called profit taking
That is old news, but I guess there must be something new in todays filing compared to the older ones. Not sure
=====================
You don't suppose this new dilution that was filed yesterday has anything to do with the falloff in price do you.....?
http://archive.fast-edgar.com//20140108/ARZZA22CZ22FK2Z2222I22Z9G3LCZZ2R2362/
Looks like PHOT is uping O/S to 3,000,000,000 BILLION SHARES :)
I would assume so, theoretically at least, to keep market cap at the same level. Unless I'm missing something.
StockJunky, maybe you are the one making the mistake. Feb 7 they vote to increase by 2 Billion shares
" ... Nuisance, your either on the wrong board or posting erroneous nonsense - somebody remove his post please? ..."
I agree 100 %. If someone wants to talk stocks, I will be happy to discuss what I have and why, but I will never "pump" a stock to someone I know. Not worth the possible fallout later.
" ... pitfalls of telling friends and relatives to buy a stock. I told my brother one time to buy a stock ... "
Do you have a re-entry price in mind if it dips ??
" ... I have made an absolute killing here today. ..."
Fake Volume ? Any chance the volume is being driven up by insiders selling back & forth to increase price before selling ? I know it is very common in penny stock land, especially for fake pump & dump companies. PHOT seems a lot more legit and has real products and revenue, but with so many shares outstanding, could it get manipulated ??
Wish I had some extra cash. Bought a tiny bit a few weeks ago. Good percentage gain, but not much actual $$. Oh well.
Why do bearish posts get deleted, but the equally useless "To da moon" type posts are ok ?
Imported Bedding, or 3D printers ??
What does this company do ? Here's what they told the SEC a few months ago
"Our business is the distribution of luxury wool bedding sets produced in Germany, and then to export to and sell such items in North America"
How much money does this company have ? $8,000
Yet you shareholders give it a market cap of $33,000,000 ?!?!?! You must think there are HUGE prospects for imported bedding ...... good luck
I guess so. Not very convincing to me though.
" ... Is it a screaming buy bc it's all in CAPS? ..."
" ... DEFFINATELY A SCREAMING BUY AT NEAR LOW OF DAY BUY BUY BUY its a small pull back, I have OFFICIAL NEWS THIS WILL BREAK .23 BY JAN2nd! ..."
Oh brother, Go away.
I believe if you go to the CEO's mums house, you will find the "office" on the dining room table. But only half the table as they use the other half for dinner.
"... I am trying to get my Brother to buy, ..."
Dangerous idea. When it takes a dip, and he panic sells, then he will blame you forever.
" ... THAT AND I WANT TO RELAX AND ENJOY CHRISTMAS ..."
Pssssst ....Your CAPS lock is on
"... Any ideas of what those shares may be worth in say 5 years? I hear and read about valuation a lot but don't really understand fully how to value a company... "
You need to do some basic reading. Go to Investopedia or such and learn the basics. You picked a couple of risky industries. I hope you are using extra cash, not your life savings.
What is GIFT ?
Crazy volume ! Seems odd with a flat price. Thoughts ??
" ... I " should " of ..."
I should HAVE, not of.
Up $.02 is really that exciting ! You'd think some sort of miracle occurred today.
What bashing ?? I saw posts pointing out it's a scam. That's different than bashing. Also, pretty much all the evidence of the scam have been posted and made public, so maybe there's not much left to say.
Everyone here must know it's a scam by now. Although I guess sometimes you get "true believers" who defy logic & common sense for some reason.
If the SEC cared, they would halt them before letting them list in the first place. What is the point of halting a stock after the insiders have made millions ?
How "official" is CE status ?? Is it only noticed on their website ?
How to Short ?? My broker won't let me short these stocks. What brokers do you use ?
MDDD Is an obvious penny stock Pump & Dump. $0 cash, $320 in assets, no property or equipment, No office ..... Read the SEC filings to see how bad it really is.
The SEC has filed a lawsuit against Rick Walchuk, in September 2013, president of AGIN, for stock manipulation at one of his other penny stocks. They want to permanently bar him from involvement with penny stock companies. Buy at your own risk
Pretty much fake company pretending to be developing products & mining.
They have ZERO employees, 1 part time 20 hour/week consultant, no current projects, a few thousand dollars, no other assets etc.
But they want you to think this 1 guy working 20 hours a week is going to develop leading edge 3D printing, AND conduct mining operations ..... He must be a hard worker !!!
To see the details, read their 10-K and 10-Q SEC filings. It is all there if you can wade through the fluff.