Pershing Gold Corp fka PGLC

[bigfish1972]

Here's another reason or two that PGLC pps has hung in there, besides the fact that this isn't a pump and dump.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79587252

Also, you have to take into consideration the economic climate. The price of gold is soaring. The dollar isn't worth a dollar anymore. Speculation can make the pps of a company do strange things, LOL. Even with no revenues, PGLC pps has hung in there because of speculation by investors and traders that eventually Pershing will be producing mass quantities of gold. If it does, the price per share could double or triple overnight, and that's a gamble that some are willing to take. IMHO, with the huge block purchases (several 100K + buys, including a 400K block buy last Friday) and insider buys that we've been seeing recently, apparently some think that it is a very good gamble. Right now, I'm gambling with the big blocks. Follow the money.