Home > Boards > Free Zone > User's Groups > The Road to Riches

I was wondering why it has been trending

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
FatFingers Member Profile
 
Followed By 18
Posts 500
Boards Moderated 0
Alias Born 01/15/11
160x600 placeholder
FatFingers   Tuesday, 08/30/11 09:28:28 PM
Re: Ask_Slapper post# 99
Post # of 128 
I was wondering why it has been trending down also. I'm pretty sure todays action was traders unloading there shares because of the 8K that was put out today.

Theoretically, good companies trend down for many different reasons such as: some one unloading a large number of shares, lack of exposure, dilution, manipulation, MMs looking for an active trading level, or a lot of people jumping ship and cutting their losses. You never know in the penny world. (I'm not claiming any of these things for PUBM nor do I know enough about the company to evaluate it.) People love to scream "manipulation" but it is often just the penny minded traders selling their shares. Trust no one on these boards and do your own DD. Don't drink the Kool-Aid these other iHubbers are giving you bud.

You might want to call the TA and check on the outstanding share count to confirm that there is no dilution.

Also every penny stock needs exposure to have the PPS move the right way. Preferably from meaty PRs, filings, and traders spreading the word and not from a pump.

$ Do you know anyone who ever went broke taking profits? $
The Road to Riches
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist