Well, latest information I'm hearing, Premier Brands Inc. Wants a merger, but they are not having any takers at the present time.
Earnings front, Premier posted its last third quarter as late as Dec 23 .. So, we are due for their earnings report soon. How soon? Anyone's guess, from trading cycle analysis, Micro stocks such as Premier tend to very well in terms of price action, during Wave five major periods.
Currently, general markets are only in major wave three, so, the future ahead has some potential.
Mind set, is that money managers tend to take on more risk, with a portion of their profits from trading From the larger caps, so, money flow tend to increase into these super high risk stocks.
The major $64 million question, is can Premier management team, produce merger deal? Or maybe land another hot deal.
Losing A.B. Partners L.L.C. Account hurt this stock.
I think if Jorge opens up the door of adding 750 million new shares, we are history in terms of getting our investment back.
Currently, A.S. Of 250 million shares, has potential for rebound, if Jorge and his team of whatever they call themselves today, can Brain storm together, and pull off another good customer.
Clearly, Jorge must have made at least $2 million off the last story line.
I don't care for the fact, the stock traded back down to $.0009
I have my reasons why.
