Phx, I understand and empathize with your frustration and impatience. I am a person who lacks in the virtue of patience. With that said, after reading your comments for the past month or so, there are a few things I would like to clear up for you. This is not a gambling game at a casino where you bet $100 and either lose all your money or double your initial investment; this is the OTC. There are swings of momentum in both directions. A stock can have a base at 1 cent and it could lose half of its worth or double its worth in 1-2 days - it is very common! When I began trading on the OTC I was filled with emotions! I would celebrate after one trading day as if I were in a solid ETF and had just made a ton of money and then I would panic and mosey through the day after a 25% loss. It's just how it goes. The day-to-day PPS means so little here and you need to understand that. Mjtk could roughly trade sideways tomorrow, it could drop to .004 or it could end over one cent. It's just how it works. The day after that it could be anywhere between .003 and .015. The point I'm trying to make is that insane price swings are so often and frequent that you need to relax and realize the PPS could be in an entirely different world after 2 trading days. The sooner you understand this simple concept the better off you will be. In addition to that, I often see that you ask people what they think will happen then next day or what the PPS will be in 3 days. Don't ask those questions; it's pointless. Nobody knows. The only people that could drastically & knowingly swing the price would either have to own 10 million plus shares or know about a PR a day or two prior to it being released.
Are you comfortable with the OS count for mjtk? Do you believe that their app will be a dud, semi-successful or extremely successful. What do the 1 month and 3 month charts tell you? Do you understand that this is simply a business with a CEO who doesn't fully understand OTC traders and that's why a PR has not been released? I do. I am very relaxed as far as mjtk is concerned. The emotions on this board have been absurd the last 3 months. The initial PR rumor was started on speculation, justifiable speculation to be fair. BUT that does not mean it has to come a day, a week or even a month after it was first discussed. Have patience. If something drastic happens that changes your overall view on the company other than a change in PPS or another day without a PR, then you should exit. IMO, you should not worry about the current PPS unless it drops bigly from its current price and you should not worry about a PR being "late" until mid-April.
In the OTC you need to look at more than current PPS unless you are a day trader. Best of luck to you
