PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

The press release said that the new client is an imaging center in Texas.

The actual client was not named.

If there is an actual client, they did not release a press release announcing that they have chosen PPJ to handle their billing requirements.

There is no verifiable information that PPJ currently has ANY clients.

If we lived in a world where corporate executives never lied about anything, we could believe that press release about the Texas-based imaging center at its face value.

Sadly, we do not live in such a world.

President Reagan is well known for his quotation of the famous Russian proverb, "Trust but verify." (ref: http://en.wikipedia.org/wiki/Trust,_but_Verify)

The corollary do that in the world of stock trading is, "If you cannot verify, do not trust unless the PPS continues to rise everyday you are holding."

PPJE does not meet the criteria to suggest that trust without verification is prudent.

Although I like your hope for PPJE to make us all rich, I will be happily surprised if I just manage to not lose money from PPJE.