Replies to post #30017 on Pervasip Corp (PVSP)

[RMD1]

depends on what the shareholders are doing. The volume is enough to attract day traders. However, even if 2 million shares were traded to day, that's still only $23,000. If I was 10% of that and you had a couple people day trading, the price will be volitile. As I mentioned in previous posts, I am waiting for the next two earnings. I am not expecting as much for the one they are currently working on as it more than likely will not show the impact of the increase in download activity. The next one may be more exciting. However, if there was no potential, I don't think they would have been able to pull of the debt reduction as well as maintained backing of the partnerships they have formed. HOPEFULLY the number of downloads may also direct some of the customers attention to the stock as well.

[DaubersUP]

Well...we could still have 14+ mill in debt come December?
And be using any and all profits to pay that down...and NOT using that money to gain more resources and building the business?

It's a once in a lifetime deal to use shares at this time to pay off debt.
IMO

Sucks now but we who stick it out will reap IMO!!!

[tushiecomplete]

Kinda the same kind of signal KMA@ has been throwing off. Best shape ever. The pps has stabilized there at least.

My guess would be that it is summer and shorts know when to make hay, when the volume goes down. Did the total OTC overall volume even approach 50% of its average today? The only reason the volume was up here today is because, like me, a few others still involved in the market, saw a very good opportunity to buy.

Wonder what these two companies have in common besides shorts?