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Wednesday, December 20, 2017 1:14:04 AM
The volume is quite telling but even moreso is how thin this truly is. There are only 103mil shares in the float and clearly we are seeing what could happen when steady ACCUMULATION occurs over a three day period. Today we stsrted to see just how THIN this is. Tmrw - we will test and break .02 pps
It is my opinion, that ANYONE WHO SELLS DOWN HERE...under .02 pps will QUICKLY regret that decision. There was over 4 mil on the BID at .01 pps or higher here at CLOSE. There was 10 mil on the bid for most of the day up the ladder but most at .009 pps.
When I see more BIDS total the amount of daily volume for the past 3 days run up...it leads me to believe that something signiificant is going on and it's FAR GREATER than what most RETAIL might think.
This has gotten stronger daily and with the attention of the SS and other fundamentals - it wouldn't surprise me if this is at .08-.10 Pps upon validation and verification from the company as to what exactly is happening here with $PMPG.
If it's the Satic deal in quiet period - and this is the net result. Great.
If it's something entirely different --- that's awesome too.
My scanner went off twice for $PMPG today....and I already own the damn stock. If anyone is like me and sets their stock scanners algos to identify moves that PMPG is about to make ....then they are already here today or will be here for the rest of the week. My guess - .08 - .10 pps coming here if they did indeed execute a merger deal- and thr. Depending on how the market view said merger and industry --- even higher
IMO - we will see .02 pps test and break tomorrow with ease. This is headed much much higher.
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