Polaris International Holdings (PIHN)

[oneinamillion]

I think this long weekend happened at perfect time. Stock held strong support level of .0011 on heavy profit taking(sell the news effect) after earnings release. Should rebound next week as a huge amount of the float was traded at these levels and higher the last few weeks for PIHN. Shares have been steadily accumulated over several months. Occasionally shares related to debt conversion related to the acquisitions will hit the market but are usually quickly absorbed and are not related to the company trying to hurt the stock price. Japanese acquisitions and US businesses profits will be used to help pay down any liabilities so that future debt issues will have less impact over time. One good trading day back to .0015 area and the accumulation line on the weekly chart(better idea of the trend) will straighten back out heading north. I compare the financials and company prospects and see quite a few pinks trading much higher some even at the penny level. So, .001 is really on the low end in my opinion. Plus PIHN has a valuable asset now not on the books. EXPOSURE and recently great volume for trading.