InvestorsHub Logo
icon url

BBP1990

03/02/16 5:21 PM

#3052 RE: Prudent Capitalist #3051

It's amazing how many creative explanations we've seen for the ~90% free fall in PPS. We've seen tax selling (buyers paradise), paint trades, T trades, just about everything except for a fundamentally poor company that is properly priced by market. I would think those who saw incredible opportunity and undervalued and oversold down at the $.40 would be willing to accept some partial fill orders at $.028. JMO of course.
icon url

manfromjax

03/02/16 11:05 PM

#3057 RE: Prudent Capitalist #3051

This was a T-trade and nothing more


Yes it was a T Trade, but it IS something more than nothing.

It shows that the pps can't move up when it keeps selling down here for pennies.

It means that the market value of the company can't move up when the pps keeps selling for pennies.

It means that the company looks unattractive when the pps is selling for pennies.

It means that our ROI can never be fulfilled when the pps sells for pennies.

Yes, it does mean something more than nothing!