Important message to large stock holders of PowerVerde.
I have a serious complaint.
I have made comments about PowerVerdes true stock value on this message board already, so I won't go into great details about it here.
I will make a brief comment. This is a development company that has no revenue stream coming in right now. They are only spending money which increases debt. When you evaluate this company and plug in the variables and measure the current risk verses realistic gains you can see that this stock is presently over valued. The value of this stock is all based on speculation. Until something significant happens to increase it's value it's worth should be much lower than 2.00 dollars.
I have been watching this stock almost every day for quite sometime now. I have notice something that has happened too many times to be considered coincidence. This happened again just last Friday (8/19/11).
The Ask price is 2.10 and the Bid price is 1.82 for 10,000 shares. It stays like that for quite awhile. Then the Bid price comes up to 1.84 / 10,000 shares. Just sits there, a typical stand off. Then someone comes in and buys 11,000 shares for 2.00 dollars which forces the Bid prices up. Then the stock price stalls out again at 2.00 dollars. These events take place when the stock starts falling below 2.00 dollars. Why would somebody buy 11,000 shares at 2.00 dollars when you can get 10,000 at a 1.84 a share?
Every time stock prices start to fall something strange happens that stops the momentum and brings the price back up. I call them artificial anomalies. Large investors are stopping the stock from reaching it's true value which is much lower. They bid high so that others can't or won't compete with the bid. They also buy high to keep the stock inflated. When this is done it reduces the trading volume and in many cases it stops altogether. These artificial anomalies are designed to discourage investors from trading the stock at lower values.
This practice bothers me for a couple of reasons. I personally have been waiting a long time to finally see some volume moving on this stock. I have also been waiting patiently to reposition my shares. Because of the current market situation I've had countless opportunities to do so. I would have already accomplished this if you big guys would just leave it alone. This practice of artificially inflating and maintaining the stock reduces volume and discourages the smaller investors. So what if people want to sell. Others will buy. So what if the inflated stock goes down for awhile. It's only worth it's inflated price because you keep manipulating it. You above everyone else knows it's not worth that price anyways. This will allow smaller investors to have opportunities to buy in. This also allows you to pick up more shares below the current price. If investors want to sell, let them. In the end, who cares. If the company is as good as you think it is, then it won't matter down the road. That's why you have so many shares in the first place. Let us little guys do some trading. Lets come to a compromise. I want the stock to be left alone, free to move down. You want to see your stock at the current price until something happens to drive it up. Instead of driving the price back up every time it falls below 2.00 dollars, just do it every once in a while. Like every two weeks. You have better things to do then too maintain a 2.00 dollar inflated stock value while waiting to see if it pays off.
