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

Re: John Stephens post# 89948

Wednesday, 05/16/2012 9:13:45 AM

Wednesday, May 16, 2012 9:13:45 AM

Post# of 118202
The stock price of this company is going down because of manipulation plane and simple when you have 55.47% of shares traded yesterday shorted shares then you know MM's and Short Sellers intentially drove this down. I checked other JR and Major stocks and those averaged around 33% short sells PCFG was the hardest hit of the true mining companies. I also looked at PCFG EDGAR Filings and I believe PCFG is doing all they can to file on time. However PCFG 10-K was filed a day late and that was April 2nd 2012. So PCFG and the financial company they have working for them had 45 days to get the 10-Q filed after filing the 10-K. while we may think 45 days is a lot of time there are a lot of things that must be done to get the 10-Q filed on time. As long as they file with in the filing window to include extensions then PCFG is not letting anyone down and PCFG is delivering by the rules afforded them. Some investors may not like it but if PCFG is playing by the rules afforded them then they are working legally with in the system.

That is my take on all of this and is JMO.

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.