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We closed at a 5-day high... once again PGUS shows it's long-term strength
Whoops.... someone jumped the gun
Longs please go read American bulls for us today... you're welcome for the laugh
I think we've both been here long enough to know we won't get .02 from the MM on the first try
Lots of week left, look for this to build up near, or into,the .02s by EOW
How's that buying pressure look today buddy?
Lol quiet over there... too busy trying to buy in I guess
Thanks for posting Merriam Webster.... however you didn't clarify the massive contradiction in your statement (hint the ambiguity was not in my understanding of dilution:
Because new shares are issued at a "par value," generally a nominal amount in comparison to current share price, dilution, or convertible debt creates a "death spiral," wherein the dropping price incentivizes the convertible note holder to continue to exercise their option, as the further the price goes the more shares they can acquire
What you are talking about (if the information you stated is even accurate) is 500k in new shares that made the pps form a bottom, then make higher lows and higher highs. That's not how dilution works.
So again, I'll ask for the explanation (let me know if you need a dictionary definition for anything I said :) )
the stock made a higher highs and higher lows during the period you're claiming dilution for.... you do know that's impossible....?
it's a little early in the winter for snowflakes, but the internet is a safe space!
How is your guarantee enforced?
Someone take down this second fake wall! (I just took out the 170k with a 4K block)
Retail and Market Makers are each other's yin and yang:
I'm sure some retail investor had been getting impatient over the last few weeks, and decided to dump a big chunk up here to protect their investment and reduce their position
MMs are gonna take advantage of that when trying to bottle up a pre-run and put the block up as a wall (whereas on the run those shares are small blocks on the ask)
Just my .02 (pun intended)
MM's cannot allow a pre-run creep upwards, they don't have the shares to cover positive price movement before the news. That 300k wall is alive and well, let's see how much we an eat away.
Once that goes, MM's will officially be out of ammo, and it will have to breathe
I watched the L2 in the closing 20 minutes to see if I could get a better idea of what is actually left for MM's to play with:
300k block at .0124 was interesting, yesterday a poster claimed to be behind a 500k block at .013, about 200k went early in the day in the mid .012's. we finished the day with 300k in the same place, with what was left of the same block leftover from yesterday.
How can we know this? Look to the price beyond the block. Yesterday .017 were just beyond the 500k block we ran into: today, 200k was purchased and a 300k block appeared before .017.
A volume day is going to break that wall, even a small one. I think without news we still might finish this week at .017.
Yes disclosed to shareholders, and regulating authorities, not to the market as a whole
I think the strategy is now shifting toward investor growth, whereas the past has been about formality and squaring the company away to have a solid foundation (uplist, share reduction, asset acquisition, debt reduction). I think those items required "telegraphing" as you put it (quite well) to an extent.
pps growth requires a bit of surprise and spontaneity, hopefully that's where Jan's head is at right now
I don't think the average investor gets excited about day to day updates. Just drop the news when something is done and it becomes assets on paper for the market to trade on
I think the issue I have is the number, and detail of PR re: share reduction before it was actually done.
Traditionally shareholders are alerted of a proposed amendment to the cert. via a proxy statement (asking for vote if a SH vote-issue).
My point being, they could have fulfilled notification requirements without letting most of the kittens out of the bag beforehand ( and this is "kittens" news, we are waiting to let the Lions out)
Not do I. My hope is that the slow trickle of news we've seen was a planned strategy to raise stock price to get us to OTC (a brilliant "teaser" strategy if that's the case), and from here, this land deal, will begin a new period of Bomb dropping by Jan.
We know he's been working hard, and betting on his own success, so I am anxious to see what cards he is holding right now
It's not just a "formality" to pass a voter amendment to share structure, and thereafter amend the certificate of incorporation. Those are SEC regulations, more importantly it's not done until the above happened.
This is another instance of premature PR taking the wind out of announcement of a completion. This company doesn't have structure, planning or leadership problems, it's perfect in how they are running it
It has a public relations problem. They keep misstepping with announcements.
This is what people need to focus on...the news here is that the reduction is now "complete." A corporation cannot reduce shares without a vote to amend the cert. of incorporation, and subsequent amendment.
While it was announced these things were in motion. Having viewed the amended certificate online myself now, it is official, legal, and most importantly, another concrete step
This guy doesn't know how corporate law works!
Forex doesn't sleep
Like I said earlier, the block was real. The next level up is .017-.02 ... we are gonna need volume to do that, ie news.
But, PPS got away from them on Monday, and those gains stayed in tact today. More importantly, the support bid moved up. so I don't think the wait will be until "march"
Lol 140k traded into MM games. Shares being held so tight here you couldn't shake em loose with an earthquake
I think the 545k is real, and it's the last wall before news breakout. .017 is behind it, then .02, then breakout. It's up now to prevent a run pre-news, which I think you can bet is coming
Last "buy" signal from them with the "bullish ride" language was the run from .0053 to .027
Not for long I'd say
With American bulls and Barchart changing direction, new retail investors should be coming in over the next few days
https://www.americanbulls.com/m/SignalPage.aspx?lang=en&Ticker=PGUS
"Let's jump on our white horses and go for a bullish ride"
https://www.barchart.com/stocks/quotes/PGUS/opinion
"Yesterday: 40% sell
Today(updated after close): 24% buy"
What an awful time to have spent the past months bashing the stock instead of buying it.
Tomorrow should be.....good
100% of today's volume has been buys....0% of today's post have been from tiger
The shorts are just kites dancing in a hurricane now
I think you're right MMS appear more hesitant to box the price in today... seem to be playing pps straight
This is what everyone forgets and should be the only thing that matters....an insider purchased 16 million shares on the open market, some as high as .02.
It was not because he is a fool
Now I'm starting to see where your frustration comes from...this news does "nothing" for the flipper
Yup you're right
....uplisting to a new market, securing all different kinds of funding for the future, purchasing new land, reducing share count.....
All "nothing" lol
The market does not always find out about news prior to release... what an overgeneralization!
I call it "what goes up..." hehe GLTA
Just missed out here! Congrats all
In the interest of full disclosure, that was the moment you were supposed to offer said "facts" for consideration.