See my post 2938 and you will see one theory.
Mike 2112 says he thinks it is the company that is behind it 99% of the time,(I think he gives MMS too much credit, percentage probably alot lower), and sees it as a negative. Let me say that the company has a very large holding and has already completed one buyback of shares. So viewing it as a negative does not hold much water which brings us to Eztradin.
Eztradin agreed the company is holding the price down but saw it as a positive that the company is holding price low so they can complete the buyout at a lower price.
This is very possible and much more plausible and is very logical.
Hardasset stated, "My belief is someone has shares in compensation for some long ago (5+ year ago) acquisition and is selling. We will get past this, in time."
He sees the light ahead but if someone is selling at .03 or lower they obviously have not looked at the company anytime recently as sellers should not abound with the fundamentals of this company along with the management being so good about keeping investors informed and easy to get in touch with.
Monkeyfrog thinks, "The most obviuos answer to why the stock is drifting lower during all the "accumulation" is either the company is selling shares and/or shares were used to fund several aquisitions and in turn are being sold . Now if PBLS is indeed selling shares here to raise cash-- to then buy back 100 mil shares- what does that tell you they think the share price will be in the near term? I mean- this is all hypothetical- but seems like selling into each pr will force the price down and inturn let PBLS load up at a much better price- all speculation- but this Evil market maker stuff is easily solved with a simple move by PBLS- Ungag the Transfer agent ! All in my opinion ofcourse!"
This is in line with eztradins explanation though monkeyfrog seems to think the share price will drop some more to accomodate an even lower price. This is possible but I honestly don't believe that managements goal is to lower the price any more. I honestly believe that they are trustworthy.
Kimbaray said he/she had been watching level II steadily and every 5-20 trades there was a 100k sell.
Now 100k is an even number and may mean nothing or it could mean that someone is intentionally trying to keep the price from rising just keeping it steady. From what I can tell from level II(assuming that orders filled at ask are buys and orders filled at bid are sells and matching orders discarded) there appears to be much more buying than selling. So theoretically the company could be buying(more) and selling(just a little) and PPS is steady.
Mac44 has two possiblities," 1.Dilution or 2. Dumping by previously restricted shares. Just theories with nothing to back me up except that after prolonged accumulation, 2 good PRs did not budge the stock."
I gave my opionion of dumping and do not see that likely, Dilution is a possiblity, some acquisitions may have been paid for by stock and the people who have the stock are selling because they need their money now(most likely if this is the case", or they have no faith in the PPS going up".
Although these explanations are very good and probably many more that I don't have time to cover: I still think the MMS are the ones to blame. After my conversation with Ron and Mike and their hesitation to release some other news because every time they release news the PPS goes down it leads me to believe that the company is not trying to hold down the share price. They seemed to think the PPS should still be rising. So I think the MMS are to blame here and I think they are to blame in a lot of cases. I could be wrong as I have been known to be a few times. lol
This is all just my opinion and thanks to all you guys for your opinions.
AI
