InvestorsHub Logo
Followers 71
Posts 17460
Boards Moderated 0
Alias Born 08/29/2008

Re: dcjr4107 post# 53407

Friday, 02/05/2010 12:17:21 PM

Friday, February 05, 2010 12:17:21 PM

Post# of 123598
dcjr - there are no naked short problems with PYCT
PYCT even paid for a stock audit to confirm this. Your repeated posting of such speculation is well documented, and seems to happen more with no bid stocks like PYCT and those where there is a huge bloated share pool. 20 or so billion shares out and uncertainty about where PYCT is getting cash to stay afloat a little longer are just two reasons this one may need a reverse split early this year. When they R/S, they con continue selling shares as the price declines 90% + within weeks. That's the only way the market cap can drop to levels where more gullible investors may buy dilutive shares issued.