I don't know for sure... I've seen it before though. You been around long enough, you see it happen a lot, just repackaged scams with slightly different stories. With such great news of a RM, and NO share split, it's hard to imagine HOW the pps is dwindling... makes no sense unless it's a scam IMO.
or...
and Not to sound extreme to you all - - but since June (the end of qe2) the market has seen a steady decline. With the euro market dying for 'bail out', investors this week have seen north of 400% losses - across the board. When there's a 'crisis' money stagnates. What i'm saying, anybody here with more than 4 or 5 stocks, even otc stocks, you can agree the stocks are down (unless you got the real bread winners, if so great job -- was good luck) and stocks are down because... hmm how do i explain..
Look at a dollar. on the back you see the pyramid. the eye on top. Picture that where the MONEY is dispersed from. They've always controlled and dispersed it (since 1913 anyways). But after 2008, they 'the fed' (private individuals) were introduced to the public for the first time (on tv) and ALL was OK, people said ok, if you can help us, we don't have a problem with you. No questions asked. Therein lies the power of ALL the market = the fed.
In comes 'quantitative easing'
(money printing and money to throw into mega corporations (ran by the same people 'the eye' ) They then, with their 'new' money they promise to use it to create a better economy. Hire new employees, etc. So, qe1, qe2, are just a series of pumps (money printing and injecting every other month) In june 2011 when the pumping stopped, the 'surge' the market was seeing also stopped. because no -- No one is moving, spending. As soon as the fed stopped pumping, the circulation slowed, and now, because the market is not a patient place, you're seeing sell offs, on every exchange. THAT is the real problem. "THE" crisis. You just got to realize that's the game. As soon as the fed (which they're doing now) goes public confirming a qe3, the market will surge. fear will be in the past, and the bulls will run wild.
And YES, this directly applies to penny stocks, all stocks. The money trickles its way down - LOOK AT IT YOURSELF. stocks from 2008 till 2010. Massive jumps.
Right now stocks are 'ok' but not great. they are definitely undervalued - good companies with expected growth, but seeing falling pps, you know, its because money is not moving - because 90% of people are afraid and so again - time goes by and people get 'scared' or inpatient and that's it the stock falls.
not to panic. they don't understand why the pps won't move, or why it's falling, so they think they better get their money out before they 'lose it all' but the fact is,
the market right now is dependent unfortunately on the 'eye' the powers that be. if they do a qe3, that means hundreds of billions of "air dollars" are going straight into our pockets.
Is that a good thing? absolutely not - but short term it will no doubt cause an increase in stocks. it has worked for qe1, and 2, and it will continue to work as long as they print this money - which could go on and on for years. the 'dollar bill' IS THE CURRENCY. Just like the catholic church is what it is in it's arena. the dollar bill is what it is currency wise. the only people who can break it - are they themselves ;)
how many 'quantitative eases' will there be? that's the question.
all im saying is, watch for a qe3. hold your stocks, and BUY the cheapies. Trust me. a qe3 is inevitable and after it hits, you're stock prices will surge. it's a gurantee. It's at the end of the 'easing' cycle that you should sell and take gains.
Those who sold in June, made profits, and now they can buy back in cheap. see?
This post applies to tofs obviously. but will probably be deleted