Some are already forgetting PELE was trading in the dollars just few weeks ago. Back then they were facing liquidation due to debt and lawsuit from CBS/Showtime.
The 3-way deal with Strikeforce and CBS resulted in PELE in better financial shape than ever before with cash ($3mil), no debt and no overhanging lawsuits. They still hold substantial assets, particularly in KOTC brand, alliance with Fox Sports and Mark Burnett association, to build the business.
IMO, there are still few sub-penny momo players exiting to other plays. Once they are gone, it will head up and not look back.
quote:Originally posted by Porsche: I agree!!! I have tried to buy 3 today and all the same thing. Does it cost more if you call it in???? Never done it... Thanks!
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Scottade is just paranoid cause some PKs have no bid or ask.. Fidelity doesn't care and you can buy in with no problems, I have an IRA and they don't give a flippin' care... just the only sucky part aboout it is the commissions...
-------------------- -Federated Records ...live learn gain...
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Pele upcoming events tonight and saturday..cant wait till we get a bunch of pr's from them:http://www.kingofthecage.com/schedule.html
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