Replies to post #8630 on Premier Investment Properties, Inc (PIPI)

[greedy__malone]

No, I just look at the reality of the situation instead of speaking in riddles and presently flawed opinions that can not be backed up.

My opinion is backed up by the share price which would be well past .25 if less than 2% of the float was left to trade.

Especially if a few more shares were being locked up each and every day. The volume is definitely enough to take a decent percentage away from the float on any given day.

Example:

Let's say there are 5 million left in the float. On Friday nearly 17.5% of the float traded hands. Certainly at least another 5% of the float could have been taken off of the open market. And that is a low estimate if you ask me.

So, come Monday there should be 5% less int he float and even lower volume could now remove another 5% and so on.

But the pps is not reacting as if there is a limited supply of shares. And that tells me the FLD talk is just that. Talk and no real substance behind it. Perhaps there are folks claiming to be buying when they are selling? Perhaps people claiming to own shares do not own anywhere near what they say?

You have no proof of the number of shares held tightly you simply go by what you are told by others and you have no way of backing that up as you have failed to produce a NOBO list.

So, right now you have all talk and no real support from the share price which leads me to believe there is no FLD at play here.