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ZVUE will be 2-3 bagger next week....today's news is huge, plus 11M vol.
SELL PRMO ...asap, and buy XOMA, because tomorrow :
http://short-squeeze.blogspot.com/
Good chance of this being .01 by Friday......and it still may go to .009 or less next week.....OUCH!
I suspect we will be $0.01 by the end of week.
Sold my position today..very bad investment.
PROM is featured big time - just opened e-mail from stockstars.net and they are focusing in on PROM for some upcoming big gains.....We may see another run to .30 to .45 range.GLTY.
I'm adding a ton of shares tomorrow or Monday as soon as we hit the .03 to .05 range...setting up for a nice upside run.
The company reminds the investing public and other interested parties that it is prudent to read all of the official news releases issued by the company, information made available on the Prom Resources, Inc. website www.promresources.com, periodic filings and other disclosure made to the Pinksheets Electronic OTC Markets website www.pinksheets.com," said Dror Moradov, President and Director. "The Company does not validate any other forms of communication.
It is only 125,000 shares.....maybe they sold all a couple of days ago.....or maybe they are holding and see the light after today's capitulation.
Disclosure: Shazamstocks Inc has been compensated by a third party, the elliott report, one hundred twenty five thousand shares of PRMO for publication of this profile.
PROM is a great $$$$$ opportunity !!!!!
Get ready for another upside run.....the weak hands have sold off yesterday and today.
We should see .50 up to .80 next 2 weeks.
Good luck to all the longs.....we will have a nice run.
This stock drew a lot of traders yesterday morning.....two different promoters, one being stockstarnet and another were sending out e-mails about the upside potential for PROM.
That is why the increased volume last two days.
We should get back on track tomorrow with some positive upside move in share price.
Last of the momo traders have sold out .....Tomorrow we start moving back up.
Pkripper,
Is that you levitating in your profile picture?....I wonder if you will gradually go higher up the wall as PRMO share price increases. Once we get to a $1.00 a share, I expect you to hit the ceiling...LOL.
Anyways, This is a great time to load up on shares. PRMO is a great $$$$$ opportunity.
Why did GlobeTel boot the auditors?
Very strange, not good news for the investors.
PFSW is up in AH.
I hope the company gives us a PR on the results of the retail sales of e-COST for the holiday season.
I would suspect the company is setting e-COST up as a model for their clients, as well as their future endeavors.
Thursday & Friday should be GREEN, Any PR we will get a nice "pop" in share price.
You are better off selling this loser. 25 BILLION authorized shares. 4.3 billion outstanding shares. As soon as you bought those 700,000 shares, you became a bagholder.
The company will do a reverse split 1000 to 1 and you will have 70 shares while the new share price will gradually plumet.
Will the new year bring a reverse split and/or dilution? Unfortunately this happens time and time again on pink sheet listings. Let's hope that GlobeTel profits soar and Strat has its first commercial launch this year.....it has to be this year to prevent ungoing cash depletion and/or ceasing of operations.
My ID on yahoo finance is "upper east side trader". I have been posting on other yahoo message boards during this 4-day market close. One is the following post:
With over $400 million in sales and a Price/Sales ratio of 0.1, PFSW:NASDAQ ($1.10) IS THE MOST UNDERVALUED INTERNET STOCK BY EVERY MEASURE.
PFSW has all the ingredients to be the next Internet multi bagger like MAMA or ZVUE:
1)HUGE DISCOUNT TO SECTOR: Trades at a HUGE discount to other Internet stocks. PFSW has a Price/Sales ratio of 0.14 compared to an Industry average of 1.76.
2) VALUATION: If PFSW ACHIEVES "TYPICAL" VALUATION OF 12 X EBITDA IT WILL BE A $4 STOCK. PFSW earned $3 MM EBITDA last quarter before one time charges and should conservatively earn $15 MM annually EBITDA going forward.
3) ECOST BENEFITING FROM BOOMING ONLINE SALES: ONLINE SALES ARE FORECAST TO GROW 25% THIS HOLIDAY SEASON. Amazon.com and other online retailers have announced that the 2006 holiday season was the best ever.
4) TURNING PROFITABLE IN Q4 2006: PFSW is on pace to be SOLIDLY PROFITABLE in Q4 2006, which is by far its STRONGEST quarter.
5) EACH of PFSW 2 divisions, Business-Ecommerce consulting and its ECOST online subsidiary, are worth more than PFSW current $60 MM market cap. Prior to being aquired by PFSW ECOST HAD A $300 MILLION MARKET CAP AT ONE POINT!!
6) PFSW's bottom line results will show SUBSTANTIAL improvement going forward- PFSW cost base will be SUBSTANTIALLY lower going forward as it has slashed overhead and completed the integration of its ECOST aquisition.
7) Insiders have purchased Over 170,000 shares in last 3 months.
8) PFSW will be a strong benificiary of the "January Effect" which is strongest for undervalued small cap stocks.
PFSW has now turned the corner to sustained profitability and exponential growth by leveraging the power of the Internet. Internet stocks that have achieved sustained positive cash flow and earnings have been the hottest sector (ASKJ:NASDAQ rose from $1 to $55 after attaining positive cash flow in 2002).
PFSW won't be a secret much longer. PFSW has all the ingredients for rapid price appreciation: An internet stock that has turned the corner to sustained positive cash flow and GAAP profit trading at a huge discount to its peers.
Goso,
Nice job in setting up this board. I usually do momentum trading, but decided this morning to go long with PFSW.
I think when results are published about e-cost, there is a good chance this stock will begin running. Let's see if the holiday revenues come through here.
Maybe tomorrow we can pass $1.32/share.
Good luck to you and all the new posters that will be coming aboard.
Crude
I sold my 20K earlier this week for a nice little profit.
I would like to get back in when the first commercial strat is launched and Globtel gets 30M+ for that first placement.
Too much naked shorting here, and distrust in any pink sheet stock. Maybe some day we can get listed on the Nasdaq after the first commercial strat contract.
Thanks Merlin, CNBC, Discovery Channel, TLC,......coverage will stir up a lot of new investors.
http://www.investorshub.com/boards/read_msg.asp?message_id=15622644
Hey Risk,
You have not changed. At least you are bringing some argumentative pointers to the table.
We are going to do fine this time with the "shake-up" in mgmt.
The big thing is that we do not incur too much more in diluted shares. Look at SIRI ( Sirius Satellite ), I believe they now have about 2 BILLION outstanding shares. Yup, that is 2 BILLION!!!!! What are we .... around 120 million ?
I am surprised SIRI is around $3-4/share. They should be about .02/share.
Once the media barrage begins, as well as the revenues/profits grow exponentially, this stock price will soar. The future is looking a lot better here. I want to do some DD on the Mexico roll-out, when I have the time.
Risk, You probably are day trading the PR's and momo w/ GTEM. There is money to be made here w/ momo trading big time. I am trading GTEM on news, but will jump back in on dips. GLTY.
Hey Kona!
2007 will be a much better year for us GTEM investors.
Good to see you on this board. The yahoo finance GTEM message board was a joke. Good discussions here.
I have been doing momo ( momentum ) trades ... a couple a week.
EFUT and ZVUE were big $$$$$ makers for me.
I don't trade/invest pink sheet equities, But this GTEM is the one exception. I hope we go to the bulletin board or better yet the Nasdaq......but we need big revenues/profits first.
Crude.
Back in GlobeTel. Bought 20K Wednesday, also encouraged by this week's Strat tests.
I am wondering if there has been any Stratellite-test news coverage on the internet, newspaper, discovery channel, tv networks etc ?
With recent Mexico developments, the share price should stablize and not head back to the .26 level.
Mgmt. is day by day restoring confidence, but growing revenues & gross profits will be the elixir of higher share prices.