Sunday, November 06, 2005 11:56:38 AM
Weekend thoughts about Pebbles...
First the 'gag' on the Transfer Agent leads me to believe there is a Large pre-arranged trade in the works...It could be one Large shareholder wanting out, and another wanting in.
The Company itself could be the 'Buyer', as I'm sure they sold a ton of shares near the high of the last huge run up, to pay for all their recent acquisitions, and they need to restock their share count, because they know the pps is due for another run up...This would explain the very tight range the last few weeks...It would suggest the price agreed upon for this transaction is in the .035 range, as it has traded as low as .025 and as high as .044 Once this transaction is finalized, the pps will be allowed to move up again.
If it is the Company buying back it's own shares, I wouldn't be surprised to see another share buyback offer like the last one at .0041 If the Company has been buying back shares, and all of them are above .025 that would be a good place to set the buyback offer, because they know that the chartists and retail shareholders see danger below that point, as the chart is forming a descending triangle, and a panic selloff is possible if the pps goes below that point. If the Company just bought a ton of shares above .025 they surely don't want to see it go below there...The stock is consolidating in an UP trend as it used to trade in the .003 range before the previous run...I look at this as Bullish.
Another possible scenario is: The Company is in negotiations to be bought out...I remember Paul stating in a PR (I think it was in a Letter to Shareholders) he would consider a buyout if the price was right...I believe he mentioned a price of $1.00/share would interest him...If this Company does get bought out for that price, that would make a lot of us Millionaires! And I would be keeping close tabs on Mr. Alanzo to be in on the next Company he forms...LOL
I am eagerly awaiting the PR that 'may' come out next week...
Other possibilities for this PR are a release of 'unaudited' Financials, announcement of a huge road rebuilding sub-contract like the rebuilding of US 90 which was almost completely demolished, or another acquisition.
Two more indicators of interest on the charts are:
Chalkin Money Flow...Notice on the last rise to .044 the CMF did not go positive for long, last week when it hit .031 look at the CMF...It takes off up big time...The same thing for the Aroon...Very Interesting...And also, the MACD looks like it could be turning up, and setting up for a perfect MACD Crossover above zero. The worst thing it could do is touch zero, and start back down again...A MACD Kiss to the downside will call for a fall in the pps, just like the last time when the pps was .044
First the 'gag' on the Transfer Agent leads me to believe there is a Large pre-arranged trade in the works...It could be one Large shareholder wanting out, and another wanting in.
The Company itself could be the 'Buyer', as I'm sure they sold a ton of shares near the high of the last huge run up, to pay for all their recent acquisitions, and they need to restock their share count, because they know the pps is due for another run up...This would explain the very tight range the last few weeks...It would suggest the price agreed upon for this transaction is in the .035 range, as it has traded as low as .025 and as high as .044 Once this transaction is finalized, the pps will be allowed to move up again.
If it is the Company buying back it's own shares, I wouldn't be surprised to see another share buyback offer like the last one at .0041 If the Company has been buying back shares, and all of them are above .025 that would be a good place to set the buyback offer, because they know that the chartists and retail shareholders see danger below that point, as the chart is forming a descending triangle, and a panic selloff is possible if the pps goes below that point. If the Company just bought a ton of shares above .025 they surely don't want to see it go below there...The stock is consolidating in an UP trend as it used to trade in the .003 range before the previous run...I look at this as Bullish.
Another possible scenario is: The Company is in negotiations to be bought out...I remember Paul stating in a PR (I think it was in a Letter to Shareholders) he would consider a buyout if the price was right...I believe he mentioned a price of $1.00/share would interest him...If this Company does get bought out for that price, that would make a lot of us Millionaires! And I would be keeping close tabs on Mr. Alanzo to be in on the next Company he forms...LOL
I am eagerly awaiting the PR that 'may' come out next week...
Other possibilities for this PR are a release of 'unaudited' Financials, announcement of a huge road rebuilding sub-contract like the rebuilding of US 90 which was almost completely demolished, or another acquisition.
Two more indicators of interest on the charts are:
Chalkin Money Flow...Notice on the last rise to .044 the CMF did not go positive for long, last week when it hit .031 look at the CMF...It takes off up big time...The same thing for the Aroon...Very Interesting...And also, the MACD looks like it could be turning up, and setting up for a perfect MACD Crossover above zero. The worst thing it could do is touch zero, and start back down again...A MACD Kiss to the downside will call for a fall in the pps, just like the last time when the pps was .044
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