InvestorsHub Logo
Followers 11
Posts 2261
Boards Moderated 0
Alias Born 05/09/2011

Re: Chase Ferguson post# 69068

Wednesday, 09/28/2011 11:35:34 AM

Wednesday, September 28, 2011 11:35:34 AM

Post# of 118202
I really believe so. PCFG is making money and they now have some working capital to 1. prove it to share holders with the buy back and 2. let MM's and Shorts know the gig is up and PCFG is now going to start playing hard ball with them and if they offer 5000, 10000 shares etc up at a price undercutting legit asks then if and when they purchase those shares they better have those shares ready to transfer back to them as they are buying them back to get them out of circulation and if they don't have them (naked short) then they either have to get them by quickly buying at the price that is out there and losing money or face having PCFG come down on them.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.