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So I guess a dead volume could signal another R/S if history repeats itself.
Glad to see it pick up then I guess!
Not much volume today so far....possibly oversold (finally!) ???
Thanks for your replies to my question...
Is there any way at all that we could get up to the $1-$2 level without the R/S? I'm guessing they would need to show revenues in the hundreds of millions to get the price up there without the R/S.
Karney may be off his rocker, but he did mention each of those distribution centers would bring in $200-$300 million in revenue, right? I'm not saying I necessarily believe it, but if it were true, would that be enough to avoid a R/S and get the price where it needs to be for being on a different market?
Thanks again!
If the revenues are higher than expected, is a R/S still necessary?
Would anyone guess what the revenues would need to be to "fit" in with the 5 Billion shares that are outstanding and 900Mil float...if that's what it really is?
In other words, what would be satisfactory financial numbers that could be reported soon to ward off any kind of R/S?
I just called Scottrade again and found out that what I would need to do is change the account to be a "traditional" type instead of internet, discount type it is right now. I would then be charged a higher commission ($27) instead of the current $7 and would need to phone in my trades.
I was also told that my shares right now aren't borrowed by anybody else unless I bought them on margin, which I didn't. This may have just been lip-service so I don't know if this is true or not.
I have a question about getting your shares in your name and not the "street name". I just called Scottrade to see about getting them in my name and was told it would cost $50 and the certificates would then be sent to me. I was also told selling them would be more involved because I would then need to send the certificates back to them, they would need to certify them, and a sell order could take one or many days to get executed.
Does this sound right? I was asking about getting the shares in my name to prevent them from being borrowed for short selling. They were more than willing to do it for me...but gave me a heads up what would then happen concerning selling the shares.
Does this jive with what others have found? Maybe I'm just getting what I paid for by using Scottrade???
Good point...
I guess the other possibility is that somebody had a buy order in at .0001 and the market maker had to make the market.
Question - why would anyone be willing to sell (ask) at .0001???
It's not like that price will never be seen again.
This reeks of manipulation!
Is RB100 (or something like that) still around? I think he or she mentioned a while ago that they had 400-500mil shares...
Bid x Ask is showing 1,000,000 x 5000
That seems positive, but does it really matter with PDSC?
12.3mil shares avg = .00064
True, I was just thinking it was big news (either way) and would have expected more speculation as to what's going on...
Seems awful quiet concerning the PR...even over on Raging Bull.
I see 70mil shares traded AH at .0002 so maybe it's not too bad a PR???
Agreed that they were making good money!
Is it safe to say that there had to be some sizable revenue to pay those salaries???
Anybody else have thoughts on this PR?
I didn't realize they had that many emplyees to begin with! Who's left?
Funny enough, I was away from my desk making a call to buy an additional 3mil shares when this PR came out. Yet to be seen if it was good or bad luck I guess!
Why in the world would Dr Floyd Horn get involved with this company if it didn't have a bright future???
My guess is this is all a MAJOR head fake that is setting the stage for a MAJOR run by mid Feb. Those who get out now are going to regret it IMHO.
I'm not planning on selling anything, so I gotta believe :)
500mil @ .0002 is only 100K.
Either Karney knows it ain't gonna get better...or something else is going on that we can't figure out (yet)!
If those 500mil shares are just switching hands behind the scenes, I gotta say Hmmm...
Thanks Geo...
Wouldn't the MMs do better to sell those shares higher though?
Thanks 1Step!
Lots of good data there...
I question whether the demand is greater than the supply at this point (strangely enough), which is obviously needed to make the price climb.
I'm at a loss as to where all these shares are coming from that are willing to be sold so cheap...re my last post asking the question if anyone might have any ideas of what's going on behind the scenes that could make it in the "dumper's" best interest to be doing this.
Looking forward to the A.M. for sure!
Can anyone speculate as to what might have been going on "behind-the-scenes" concerning:
- lots of shares being "dumped" by a major holder for whatever reason
- price being driven down on supply/demand & fear issues
- but in reality just being picked up in the hundreds of millions (or billions) by a future business partner (and folks like us on a much smaller scale)
- price skyrockets with new partner making out big
In this scenario, the loser would seem to be the one who dumped, but maybe there's a method to his madness where he'll reap big time by some agreement they have in place???
I'm still learning about how this all works, but thought I'd throw it out there for anyone that can take a guess as to what's going on...
Thanks!
OT - You may want to check out BCON too if you consider NASDAQ stocks also.
- Flywheel patents for electric grid stability
- Recent test approval by California Energy Commission (and soon NY too)
- Trading at $1.14
- Headed northward of $5 in the next 3-6 months IMO
- Could be bought out by the likes of GE for $10+
Do your own DD though of course!
Sounds good to me!
Me and my 9.3mil shares are having a ball with this stock.
Funny how when I had 1mil I thought that was enough, then 2.5, 6, and finally 9.3. I would have liked to have averaged down again but I need to be satisfied at some point I guess.
Good luck to all the Longs!
AF - what's your guess as to what's "hours away" ?????
Not so much bashing going on any more. I wonder if they got the price to where they wanted it and are waiting for the pop???
Nice jump in volume...must have been at the ask, right?
Lots of bashing...looks like a good sign to me!
Scottrade is showing the B x A at 9999999 x 5000
Anyone see this happen before???
Or that's what the MMs want us to think.
Good things are right around the corner!