Pershing Gold Corp fka PGLC

[lilpuppy6]

I will answer your questions in turn.

"lilpuppy, how do you figure that ?"

Well for starters, we can see from the POST IPO performance, nothing too much out of place there...typical to see 50%+ losses. However, I have noted the breakneck speed at which "developments" are occuring, mixed in with direct email marketing schemes in full deployment mode...my personal experience tells me...usually this means bad news...for the PPS neart-term.
Most penny stock investors know all too well the dire consequences of buying and holding speculative equities that are being heavily marketed.

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=OTCBB%3ASAGE&s_ok=Get+Chart&period=4&drawmode=0&size=19&volume=1

I am not suggesting SAGE is a fraudulent company, only that the tactics that are being employed are unfortunately typical of such entities, and will most likely be received as such. Most penny flippers will react positively to the email marketing hype, load up, then dump...hence the coming lower prices theory IMO.


"Michael Vick, he was part of the sporting / entertainment work.

No big deal there. Who really cares how many shares he has anyhow? Really. "

Hmm... I would think it's an interesting question to try to suss out..because we all know all too well the background of said individual, I am making a personal judgment by insinuating that if he has been compensated to "hype" up this stock, then my opinion is that there already may be a strategy in motion to p&d...even unawares by management. I would want to know the amount of shares he MAY potentially have available to dump. Just my 0.02.

"So, tell me - what are you basing your numbers on ?"

Again, from my own trading experience, and the potential of p&d situations, especially with michael vick already hyping up this company.

I like the potential here especially with LBSR/NEWCO; But I just won't feel right owning shares at current speculative levels. I personally believe it will go lower in the interim. I'll sit on the sidelines for things to shake themselves out for now. Won't be too much longer till we find out the trend direction IMO.

If I'm wrong, and it soars to dollars, I will certainly be happy for all shareholders here. I can't win them all.

For you,it means you will get to brazil sooner.

GLTU