Wise Investments

[Scrooge McDuck]

re PACC.........................
hey yo, after reading your post I took a hard look at PACC.

I was surprised to see the 1:30 RS last March, but seeing that, I did my post-RS DD on it.
First, what it did six months ago was a classic post-RS bounce.
It could be setting up to do it again.

The bottom/bounce number I came up with was .001
Before, it bounced a little early.
Friday, it bottomed at .0017 and closed at .0022
The beginning of a second bounce????

The thing I find troubling is the OS. As of a couple of months ago it was 909,877,945 million.
As of May of this year the OS was 287,336,868 million.
In less than four months the OS was increased by more than 600-million shares!

I couldn't find any information on the acquisition that you mentioned, which is supposed to be announced by year's end.
Considering the size of the OS, if there is an acquisition it will more than likely come with another big reverse split.

Also, considering the size of the OS, I'll be very surprised to see do something like a triple. There are just too many shares out there for the price to move significantly.
I will watch it though.