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Dominion Melchizedek

10/02/13 8:02 AM

#102529 RE: adanac #102522

You cant prove its not insider selling (that would include toxic financiers that converted shares over the years and likely still hold at least a billion commons (high but not enough to show up as 5% holders).

The pros short squeeze players and flippers are staying away for 2 main reasons, there is no demand for PYCT shares (not even from die hard longs currently holding PYCT - if anything they would love to dump at .0002 - but bid of .0002 hasnt happend in years) AND there is no short on this junk. If there were an actual short as short conspiracy theorists allege, the pro short squeeze players would have forced a squeeze long ago. Not hard to do with a .0001 stock.

350 million shares is nothing with .0001 penny over 9 months = under 2 million per day average. Thats $200. There are ALWAYS people who get tired of holding this junk and want to sell be they toxic financiers, long time retail gamblers or newbies who got sucked in by rumors posted on various stock sites - hence the .0001 steady ASK. Then there are always a few newbies who get sucked in by such hype - generated by IR hacks like Tom Hands or the PYCT scammers posting rumors on various sites and buy those shares - some even show up here and report they are longs - they soon vanish as they come to realize PYCT is a SCAM. Under $200/day is chump change. For a .0001 active penny 350 million shares in volume is mediocre even for a DAILY volume let alone let alone over 9 long month.

Yes shares can trade many many times and they did before the Chill when PRs were put out. But each hype PR has been less and less effective with the passing of time. But you imply that anyone buying shares is holding them and not selling. Nobody knows that except for the TA and they arent going to give us that info.