Sawdin I absolutely agree about the manipulation. Even ob issues are manipulated many, many more times than most folks realize I think.
When I brought the subject up this morning, I was searching for a reason for PBLS involvement with leisure direct. Someone a couple of posts later posted a link with the answer...LDTI owed PBLS money, and they paid it off in stock.
The world is full of people just like us, looking for the diamond in the rough. Whether we've found it or not, only time will tell.
One of the most regretted trades I ever made while daytrading or momentum trading was buying BOOM at 10 and selling at 12 probably 2 years or so ago because it's just plain improbable for a stock to gain 20 percent and keep going. So I was pretty happy with my trade. Hindsight is 20/20 and all that malarky stuff and I watched BOOM go to 40 or so, split once, and then back to where it is today. The 1000 shares I bought then would have been worth $60k or so now.
Folks all over every day proclaim "take your profit buy back cheaper" and all that good stuff. The reality is that there is no substitute for good due diligence and confidence in what you find out. I still daytrade (although I'm trying to give the habit up) but flipping shares for a couple of percent is a risk and sometimes you get back in cheaper and sometimes you watch the boat leave the dock without you because you thought the gangplank was too long.
Sorry to ramble, but sooner or later the perceived value of PBLS will reflect the pps regardless of the exchange I think.
