lowtrade

[trader guy]

Just checked and PEII is an ASHER stock. Not in a big way yet but just getting started. ASHER does funding for companies that have no other choices. From my experience they don't run the stock for big gains after getting shares. They just bid whack until all their shares are sold because they get them at a huge discount. The funded company always releases news for them to sell into when they do conversions. Pretty predictable

Trading groups will sometimes run a stock after Asher has sold out of the latest conversion and if you know what to look for you can ride along with them. I know what to look for but it isn't worth the risk unless it's also a perfect chart setup. For the most part, I won't touch an Asher stock.