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Re: bagheera post# 30398

Tuesday, 03/15/2011 10:45:55 PM

Tuesday, March 15, 2011 10:45:55 PM

Post# of 46657
Been in PELE for over 2 years now. Saw it drop from $2.10 ps to 0.0075 in a matter of three days and played the bounce for my first exposure to the company, it was a day trade and a good one. Started looking at it closer and kept an eye on developments. The CEO Charles Champion made some astonishing deals that cleared all the company debt and started to bring in recurring revenues for the company over 18 months ago. Since then they have accumulated over 40 million cash which was just recently realized. Reason for the run, several people think it's far from over, I have mixed feelings about it now. Last 2 days I've had to get away from the computer to keep from selling my position. lol

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