Replies to post #189736 on PCT Ltd (PCTL)

[moxa1]

If the company doesn't perform Chesapeake means absolutely nothing. Money talks, bullcrap walks. We need substantive news otherwise Chesapeake won't have anything to talk about.

[namtae]

Exactly!!!

This was set up several days ago

Chesapeake made a fortune last time they engaged with PCT being "gifted" and dumping an outrageous amount of shares

Why? Because PCT is broke and terms on deals are dictated to them.. Besides, the Chesapeake guys know the CEO is a pushover and will do whats hes told. The CEO knows hes incapable so he defers to anyone seemingly more competent, which is just about everyone

[thegreencandle]

Follow up from yesterday. Kind of funny how the two largest trading days by far over the last few weeks happened when Chesapeake was announced, and it all ended with the share price DOWN at EOD yesterday.

. Over the last roughly 3 weeks pct has gone over 1m in volume twice. On those two occasions they saw roughly 1.5m in volume. Those days were spread fairly fast apart as well. Every other day during the time period is very ho hum, daily volumes of roughly 200k to 400k.

Fast forward to yesterday when they announced Chesapeake was back. We saw roughly 2.5m in volume (slightly less, with a moderate increase in price), and then today we see nearly 4.5m in volume with a drop in price. What does that tell you?

To anyone paying attention it means that pct issued shares to Chesapeake, and Chesapeake likely took advantage of that uptick in sp and sold a ton of shares today to secure payment for their services. Oh what fun it is to be subjected to Gary's bullshit yet again.

So after 2.5m day on the announcement (buying the bs), and a 4.5m day the day after (Chesapeake selling their shares) we end today with a volume far more in line with the rest of the month at just over 400k. Still a little high VS the rest of the month but more in line by far. Probably a few people who bought on the announcement selling after they got hosed. Again.

Kinda weird how pct is still down after that announcement of yet another PR firm, even one as prestigious as the folks over at Chesapeake. I thought for sure (judging by posts here) that we'd all be rich by now with a new IR firm in place. So weird we're down.