You really don't think there's been any dilution since the split? I'd say it's all dilution. Most haven't sold because they wouldn't get enough to cover the commission.
As you point out, in just a few weeks it's lost almost 95% of it's value. Maybe it's tax selling, but I wouldn't take any sort of chance on this one.
I don't know if there's a record for quickest successive R/S's, but PRHB will be competitive.
Posted by PCola77 on :
Hey Jim, why not keep posting in the thread from before, instead of starting a new one?
Hi, PCola, Many members are tired of a thread that has many msg. PRHB has hit the bottom and deserves new attention. This is the only chance that we may be able to make money out of this POS -- at the bottom after a R/S. ***** To Kermit: I think the dilution is minor at this point because the volume has been very small in the past few weeks. They have to work with the MMs to bring the PPS up. We only need a few weeks for the MMs to get the pps up and unload their inventory. *** The following table shows that 12/27/06 is the bottom.
PRHB - PURE H2O BIO-TEC NEW (OTC)
Date Open High Low Last Change Volume % Change 01/03/07 0.0065 0.0070 0.0055 0.0055 +0.0005 337118 +10.00% 12/28/06 0.0032 0.0100 0.0032 0.0070 +0.0038 327100 +118.75% 12/27/06 0.0040 0.0040 0.0030 0.0032 -0.0018 224700 -36.00% 12/26/06 0.0050 0.0050 0.0050 0.0050 +0.0010 108000 +25.00% 12/22/06 0.0040 0.0040 0.0030 0.0040 -0.0010 187900 -20.00
Posted by kermit42 on :
Gotcha--it's that superior experience at work again. How much time do you think this needs to play out?
Posted by JimSC on :
In most cases I would expect 3 to 6 weeks.
Posted by FOSTR on :
quote:Originally posted by JimSC: PRHB: 0.0055 -- post R/S play
O/S: 6 M shares Market Cap: 33 K$
PPS was donw 95% after a R/S 8 weeks ago. Waiting for a patent for pure water system. A pop up is well over due.
man I hope you are right I have been in this since before the split has been pretty painful they are way over due for the patent.
Posted by ARTTEACHER on :
quote:Originally posted by FOSTR:
quote:Originally posted by JimSC: PRHB: 0.0055 -- post R/S play
O/S: 6 M shares Market Cap: 33 K$
PPS was donw 95% after a R/S 8 weeks ago. Waiting for a patent for pure water system. A pop up is well over due.
man I hope you are right I have been in this since before the split has been pretty painful they are way over due for the patent.
Ditto...I had 10mil shares of this...now 10000...it hurts...long term hold for me...patent+next hurricane season=$$$ I hope...