Stocks can and do rebound, especially here in pinkyland. For example, my investment partner bought RRGI when it was trading at .09. As soon as he purchased it, RRGI tanked to .02 where it stayed for quite sometime. He could have sold in a panic as most of the "longs" did but he held it during that time of doubt. During that time the RRGI board was full of bashers and doubt spreading low lifes screaming that the stock was headed into the sub-penny range. They were screaming "SELL NOW", "THIS IS A SCAM", you know the ususal stuff low lifes do when they want to save the rest of us from ourselves. It took a lot of patience but my partner decided to hang on and he was able to get out at .15 when RRGI bounced. He turned a huge loss into a huge gain just by ignoring the bashers and going with his gut which told him that RRGI would make a turnaround. I feel that same way about PMCL. I will consider getting out if and when Kron starts issuing stock or announces that the O/S and float have beein increased. There is no way I am going to panic and play into the bashers hands so that their "flips" can become more profitable. This stock will take some time to rebound but I feel strongly that it will. And by the way, PMCL is still on Reg Sho as of the close of market hours on Friday. It's there for a reason, so don't believe for one minute that the short position has been covered as some here may claim. Good luck to all of us.
