InvestorsHub Logo
Followers 1
Posts 44
Boards Moderated 0
Alias Born 05/20/2008

Re: $PennyMover post# 208

Monday, 11/17/2008 5:05:05 PM

Monday, November 17, 2008 5:05:05 PM

Post# of 1422
What is so hard to understand about a non-revenue generating, pinksheets company not going up in value??? This is a news-driven stock, and the news that averyone is waiting for is a revenue generating agreement or commencement of actual manufacturing. The cat's out of the bag as far as how great this company is and how much money they will make when business actually gets rolling... that's what caused the jump up to these prices. It wasn't that long ago that shares were selling for $0.012. Any news that only reinforces the belief in the potential of this company is already priced in. Higher price buyers won't step in until cash flow is positive. Be patient guys... this one will have its time, it just isn't likely to be until next year.

Long and very excited about PSPM...

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.