Replies to post #55489 on PPJ Healthcare Enterprises Inc (PPJE)

[Det_Robert_Thorne]

Not just dilution. Probably some getting out.

I would imagine that many of the shares we're seeing on the ask at $0.0001 or being sold into any $0.0001 bid are those being dumped by shareholders stuck in the stock throughout 2015, plus those who became shareholders during the November/December Compensated Awareness Campaing pump, plus some who bought immediately on last week's and today's news without performing any DD (shooting first and asking questions later) getting out for the cost of commissions.

I thought it hilarious that in the last half hour, someone bought the exact 7,237,797 @ $0.0001 that were on the ask, thus making the best ask $0.0002, only to see 10M hit the ask at $0.0001 within sixty seconds.

We're probably going to see more of the same tomorrow, except on much lower volume. Any time the $0.0001 on the ask disappears, even if a bid appears at $0.0001, the opportunity to sell and get out will shortly push PPJE back to no bid.

The campaign will end tomorrow, trading volume will slow until the next one, perhaps in a month or so, about the time Basu is ready to file the annual report for 2015.