Diamonddave nice post.
This most definitely is the play of the week for next week.
The volume today was screaming for such a low float stock and the way it was moving tells me the float is dried up. This stock went from .01 to .019 in around 5 minutes late this afternoon on little volume. It did retrace only because in my opinion Nite is in some serious trouble with there Short.
Next week should be good.
Also here are are few posts from some other posters I felt were worth reposting again.
PMCL - DUH! (By Pokervertigo)
43,704,602 mil volume today and the float is 15.8 million.
has been on SHO list for 9 days now and they have 13 days to cover.
Buyins confirms over 2 mil shorted in past 2 days... some shorters are going to fry for this... while we fly!
By Brentjanice
Market Cap is presently 530,822 at our present price of .013 today. Now if that doesn't make people think considering they PRed approx. $18 million revenue projection for 2007. Let's see at 20% that would be 3.6 million profit. So if you divide 3.6 million by our present market cap of 530,822 PMCL actually is making 6.78 times our present market cap in profit based on the present .013 price. So .013 times 6.78 to equal our 2007 profit would put us conservatively without any PE at .0884 cents per share. All IMHO and do your own DD.
Brent
Watch for a huge bounce next week... My target is 0.04+
If you cant run with the Bigdogs stay on the Porch
