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Thursday, October 06, 2011 1:17:19 PM
Hype came about that more hype was going to come about and now the pps is down again mostly sub-penny about where it started (even though there are attempts to manipulate the open and close prices, the bulk of the shares are going lower). I can almost hear the snickering and laughter from some back room of the CRWV virtual office as some paid CRWV paid promoter bellows out "suckers" on that one.
But from this pps position, there might come another little hype, maybe from some ridiculous smelter results, maybe more property with another gazillion dollars of gold, hype of more hype about more hype, who knows. More than likely as the last 7 trading days mini P&D was no where near the big P&D, the next little mini spike will not be as good.
All promotion is for volume and to have liquidity, that harder and harder to find volume is diminishing. Low liquidity or low volume is not a good thing.
Doesn't matter, CRWV still shows the chart of practically every P&D out there. It's not uncommon for the pps to simmer around before the next ledge is fell off of, pretty much expected.
The pps already did over 90% drop in a very short time, the last 8-10% has it's process, but it too will go to trip zero's. Hang around a penny or under for a bit, get some fluff and little spikes going now and then, but generally it will sink, they all do.
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