PGI Energy, Inc. (PGIE)

[Thraz]

Strange, everyone is still blaming the company for market makers' greed and bad behavior.

I called it yesterday morning. They're forcing it down so that they can cover the 35m+ shorts they put in at .0007 and .0008 earlier this week. They just cleaned up a good 30% on their averaged up short volume. Wouldn't be surprised if MAXM oversaw a good 50m volume today with no upward movement at all. (not to mention another 15 million (at least) in shorts today , if anyone cares to look it up this evening).

The price will not go back up without news, or renewed faith. It will not STAY up without evidence of revenue. Expect two or three more days of .0005/.0006, maybe even lower if they get greedy.

And all you believers who helped the price up to .0009 this week? Well, you made someone really happy, and it certainly wasn't PGIE.