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Re: Carnivool post# 4448

Wednesday, 08/23/2017 10:24:20 AM

Wednesday, August 23, 2017 10:24:20 AM

Post# of 7021
The reason for all the selling boils down to the 25% of the float that was allegedly locked. Regardless of whether PGAS float is 24mil or 30mil, 25% of the float was reported to be locked about a month ago.

It is that 25% of the float that was 100% loose last 2 days. The effective float went up a lot. That's why there has been no rebound.

99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.