haha love that badams!..
i haven't been around the penny's long enough to really formulate an opinion that will hold much weight...but a few things could be happening here..
on the negative side of the spectrum, the gagged TA could mean horrendous things...dilution being up there (driving the PPS down to potentially no bid)...I personally don't think this is the case because the company is just too legit. For starters, they have a real product. iHubers have ordered, received, and tested the product themselves. They also have an OLYMPIAN spokeswoman, and if I had to guess, I wouldn't think an Olympian would be endorsing a faux company IMO. Thirdly, the CEO as posted by previous iHuber's has been involved in Fortune 500 and 100 companies for a number of years, and I don't think he chose a pump and dump scheme for his next move in his career.
now onto the positives...i can go on for days here, but for starters, they could be taking down the number of shares, which would undoubtedly raise the PPS...I believe Penny let us all know that the share count was down 10mm (if i remember correctly) about a day or two prior to the gag. An acquistion could be in the works as well.
The CEO said WHILE BEING TAPED that there will be no dilution, so I have to give him the benefit of the doubt here until I see otherwise.
I also feel that there are a group of traders intentially trying to contain this thing for some reason. I mean whenever this thing is at 0003/0004, there are just an absurd amount of trades/paints whatever, to get this thing back down to .0002 on the bid.
IMO, I think something positive will come out of this for us loyal STKO'ers. Of course I have no way of knowing this for sure, but my gut is telling me so. As far as what we need to get it going...a HUGE 100+mm volume day, quite like today...only with a ton more buys will not only get the name on people's radars, but it would really test just HOW real the wall at 3's and 4's are. A big PR would do this thing even larger wonders. If we can get a PR with them putting their product on the shelves of a smaller version of Walgreen, Walmart, Target, etc, this thing will fly. We just need to get out of the trips IMO. Sorry for the rambling, but I hope this helps!
Again, all my opinion.
