I agree, monkeyfrog. Subpenny is a better bet than .02 at this point. All the posts from people saying they're buying here makes me think there must be a lot of folks, eager to lose money.
I'll say again: Buy when it closes above the 10dma. Check the chart... That 10dma has picked every bottom this stock has ever had. Since no one really knows how to evaluate PBLS, picking a bottom any other way is pure guesswork.
Did it hit it's low today??? Or will it drop another 50%??? You have no way of knowing. A thousand dollars will get you 71.4 thousand shares at .014 but that same thousand dollars will buy twice as many shares at .007. Buying while it's dropping just don't make sense to me and trying to figure out what the company is actually worth is an exercise in futility.
Barchart.com says PBLS has support at .0103 and all medium and long term indicators point down. All short term indicators point down except the 20 day Bollinger bands and they show a "hold".
The pumpers here were shouting "Buy, Buy" when the pps was at .03. Those who listened to them are now out more than half their money. That can't feel very good. Fewer pumpers now but those that are left are still saying "Buy". Listen to them at your own peril.
If you think you're too small to be effective, you've never been in the dark with a mosquito.
be afraid, watch tv, consume, obey, shut up, be happy
