Tuesday, March 31, 2020 3:01:30 PM
At this writing PENC is at $1.95 a share.
If I were Howard Westerman or Dan Gilbert and had some fun money to play with, and knew a certain penny stock price was exponentially about to explode, this is what I would do.
I pick on Dan and Howard because one post indicated they were somehow on the periphery of becoming interested in PENC.
Money is always chasing money.
So, if I were Dan Gilbert I would offer to buy as many PENC shares as I could at $6.00 a share. Let us say I was able to buy 2 million shares. That would cost me $12 million dollars. Since my net worth is 7.2 billion, I would still have a meager $7,198,000,000.00 billion dollars left (not bad). So when it skyrockets I would do nicely. So why not???
If I were Howard Westerman and not as rich as Dan, I would offer to buy PENC Shares for $4.00. Let us say, likewise I buy 2 million shares. That would cost me 8 million dollars. That leaves me with a meager $992,000,000 hundred million left from my 1 billion.
Get ready current Stockholders when Dan and Howard read this post PENC is going UP, UP, UP!
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