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| Alias Born | 12/03/2017 |
Monday, June 24, 2024 1:41:35 PM
Not sure if we'll get significant and/or tangible news, but PWDY tweeted last week to "stay tuned for more exciting updates next week."
That said, in order for us to move up and sustain it, they'll need to drop something tangible that brings in the investors and volume that's required. Right now, we're still flying way under the radar, with only 4 MM's trading PWDY on L2 combined with exceptionally low $$ traded each day. I personally believe we'll eventually see it, I'm just not sure when that will be.
I've only been here a few months (jumped in because of accumulation trend, they're audited, SEC Reporting, no toxic debt, no dilution problem, large insider ownership, in sector that's only going to get better, etc..etc...etc...), but as I mentioned to somebody via PM the other day, I'm hoping they don't become one of these companies that drops fluff PR's just to drop them (a lot of these IR companies love doing that, but we don't need that here. 1 significant & tangible PR is better than 15 fluff PR's). I know they want to get out of pinks and into QB, but they'll need to sustain a pps higher than 0.01 to do that; and for us to get to 0.01 and sustain it, we'll need much, much, much more visibility & volume that we currently have. The only way that changes is with some tangible news, results, etc...
That said, if we see big surge in volume and jump in PPS the second half of today, I'll interpret it as something good is in fact coming and/or close.... As always, time will tell...
That said, in order for us to move up and sustain it, they'll need to drop something tangible that brings in the investors and volume that's required. Right now, we're still flying way under the radar, with only 4 MM's trading PWDY on L2 combined with exceptionally low $$ traded each day. I personally believe we'll eventually see it, I'm just not sure when that will be.
I've only been here a few months (jumped in because of accumulation trend, they're audited, SEC Reporting, no toxic debt, no dilution problem, large insider ownership, in sector that's only going to get better, etc..etc...etc...), but as I mentioned to somebody via PM the other day, I'm hoping they don't become one of these companies that drops fluff PR's just to drop them (a lot of these IR companies love doing that, but we don't need that here. 1 significant & tangible PR is better than 15 fluff PR's). I know they want to get out of pinks and into QB, but they'll need to sustain a pps higher than 0.01 to do that; and for us to get to 0.01 and sustain it, we'll need much, much, much more visibility & volume that we currently have. The only way that changes is with some tangible news, results, etc...
That said, if we see big surge in volume and jump in PPS the second half of today, I'll interpret it as something good is in fact coming and/or close.... As always, time will tell...
