I was in PAIV (now PAVC) when it was at 0.005 by fluke. I was investing on the big boards but when I saw PAIV being talked about on the yahoo message board, I looked at it and saw a penny stock with net income and I went “wow, if I own 1million shares at 0.005 and it hits $1, then I would be a millionaire”. I can see the same trend that PAIV had happening with PTSH. The consecutive gains we’ve had for a week is good enough to attract all the savvy investors to our PTSH just like it happened with PAIV.
Anyway, I kinda agree with you that the retailers might be scrambling after PTSH stock. PTSH was at its bottom for a while at 0.0025 and the only thing I saw was nothing but going UP. Because PTSH did not have any significant stock price activity for weeks, I think the retailers are now trying to accumulate as much as possible especially because there are big signs of profitability due to the $5.2mil contract. I believe the activity in volume has attracted them and they are doing their DD over the weekend, so I think we will continue moving up for a while. We knocked through the resistance this week that was at 0.005 and this would be our new support IMO.
All we need to do is to wait for the company to give us the plan for the reverse merger, hopefully this coming week.