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Monday, October 04, 2010 5:00:51 PM
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By Nelly Shishkova
Date: Oct 4, 2010
Last Friday, PlayBox (US) Inc. (PINK:PYBX, PYBX message board) crashed down hard. After a series of unexplained huge gains, the stock lost 50% from its price, while its traded volume totaled over 62 million shares for the day.
Unexplained huge gains? Does she not read filings?? lol
Obviously, investors have finally realized that there's no gain in PYBX and started to dump their shares extremely fast.
Does she not understand 7 consec up days and a gain of 0003 - 0065 on a very thin float, or profit-taking and churn?
At the same time, some stock alerts immediately classified the price as the "new low floater" and provoked the traders' attention.
This is about the only right thing she says here
However, PlayBox still releases neither news on its business, nor any financial results.
Does she not read filings where there is both news and all available results?
The last announcement on the company reported that PYBX has entered into an Attorney Letter Agreement with Pink OTC Markets Inc. According to the agreement, Pink OTC was entitled to determine whether PlayBox has made adequate current information publicly available. Though, nothing else followed after that.
Does she really not know how OTC submission for Current Info ticker status works??
Apparently, no one can tell more about the current activities of PlayBox, as its last financial report has been filed in 2009. Presently, there's no news on the pink sheets company and its operations remain in mystery.
For the third time, does she not read filings nor understand the company was 15-12G until just less than a month ago??
Keeping in mind the unstable market position of PYBX stock and the lack of information, the future of PlayBox may be considered as highly questionable.
My conclusion is this author's (if she can be called an author, expert, or anything even related to knowledgeable) write-up is highly questionable all by itself! She doesn't need any help from Playbox or anyone else. Playbox is not questionable at this point, she is. Oh and I love her expert chart up there lol lol!!
Really Seth? Really? lol
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