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  *** PGHI... WILL IT BREAK OUT? *** (Page 21)

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Author Topic:   *** PGHI... WILL IT BREAK OUT? ***
machtabow2
Member
posted December 09, 2003 10:10     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Volume is still pushing up dramatically! 4.5 million traded in 40 minutes! Incredible! mach

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Mav
Member
posted December 09, 2003 10:13     Click Here to See the Profile for Mav     Edit/Delete Message   Reply w/Quote
Hello Guys, I am having problems again with my Internet connection, I just could get on line, I am going to be on and off today, this connection problem continues. Again, looking good.

quote:
Originally posted by machtabow2:
Agreed... but with the volume... i think it will explode and those whom had gtc's may chase it up... Let's break .05 today! mach


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machtabow2
Member
posted December 09, 2003 10:14     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Mav... was wondering where you were. Good luck. mach

quote:
Originally posted by Mav:
Hello Guys, I am having problems again with my Internet connection, I just could get on line, I am going to be on and off today, this connection problem continues. Again, looking good.


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Mav
Member
posted December 09, 2003 10:15     Click Here to See the Profile for Mav     Edit/Delete Message   Reply w/Quote
Mach, this volume is of biblical proportions this early in the morning,!!!

quote:
Originally posted by machtabow2:
Volume is still pushing up dramatically! 4.5 million traded in 40 minutes! Incredible! mach

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Mav
Member
posted December 09, 2003 10:16     Click Here to See the Profile for Mav     Edit/Delete Message   Reply w/Quote
I am going to change of INTERNET SERVICE provider, it is going to cost me a lot of money for not being on line at a moment like this. AFTER ALL THE NIGHTS I COULD NOT SLEEP, OH MY GOD!!!

[This message has been edited by Mav (edited December 09, 2003).]

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PSU90
Member
posted December 09, 2003 10:27     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by machtabow2:
Volume is still pushing up dramatically! 4.5 million traded in 40 minutes! Incredible! mach

Over 5.5 million now. We tested resistance early and have retraced. This was the second trip near .05 in the past five days. That is a big mental barrier. I think the third time we break through....will it be today yet?. The profit takers are in charge right now.

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denzen
Member
posted December 09, 2003 10:33     Click Here to See the Profile for denzen     Edit/Delete Message   Reply w/Quote
mms take the leash off and let it go. They won't be able to hold it back soon.

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coumars
Member
posted December 09, 2003 10:36     Click Here to See the Profile for coumars     Edit/Delete Message   Reply w/Quote
I got some filled in at 0.047. That's it , I invested all I can.

Since I dunno second level, could u explain me what is advantage of that. I am totaly new.
Thanks- coumars


quote:
Originally posted by machtabow2:
MM lining up with a huge floor at .045 in case you do not have Level II. mach

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machtabow2
Member
posted December 09, 2003 10:38     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
I tell you what... it is early yet and we have traded 6.3 million. Love the volume... Remember Gap ups are usually followed by a retrace and then a continuation... Let's see how this plays out. mach

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Moose
Member
posted December 09, 2003 10:39     Click Here to See the Profile for Moose     Edit/Delete Message   Reply w/Quote
this is turning out too be a great day. LBTT up 100% and 33M vol in the first hour today.

And now PGHI is trading strong, once news comes out for this one it is through the roof!

So far its a Merry Christmas for me because of LBTT, now PGHI needs to make it a Happy New Year! lol

GoodLuck guys, looking good

-moose-

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machtabow2
Member
posted December 09, 2003 10:43     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Congratulations Moose on LBTT. We did get some news on PGHI today and are anticipating a push through resistance... the area in which we are trading. Once it breaks watch out. mach

quote:
Originally posted by Moose:
this is turning out too be a great day. LBTT up 100% and 33M vol in the first hour today.

And now PGHI is trading strong, once news comes out for this one it is through the roof!

So far its a Merry Christmas for me because of LBTT, now PGHI needs to make it a Happy New Year! lol

GoodLuck guys, looking good

-moose-


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raven76
Member
posted December 09, 2003 10:47     Click Here to See the Profile for raven76     Edit/Delete Message   Reply w/Quote
It's the same scenario since I got in this stock..People bought this one .02's are pretty happy now..
Ones bought higher .03's were worrying when it was trading @ low .03's..Now, they are glad,too..I think..
Now, there are some mates here bought above .045..I am sure they are worried at this point..Do not worry guys!!!You will be more then happy soon for having bought this stock!!Then .05's and .06's will follow..But the only thing certain is the direction of this baby!!!UP,UP and UP!!

Good Luck

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BetNitAll
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posted December 09, 2003 10:48     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
bids up, are they trying to shake loose some shares again

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BetNitAll
Member
posted December 09, 2003 10:50     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
Are the MM trying to shake loose shares when the bid and ask are both higher then the price?

quote:
Originally posted by BetNitAll:
bids up, are they trying to shake loose some shares again

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PSU90
Member
posted December 09, 2003 10:52     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
My last sale ticker from Ameritrade is driving me crazy. Everything double posts....and now they not only double post, but some are showing up simultaneously as buys and sells.

Anyone else have this problem?

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PSU90
Member
posted December 09, 2003 10:56     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
My take is that they see some big buys coming in and they want a better price. They can make you chase. Also, if they don't have a lot of shares on hand, the higher bid might entice someone to sell...which they then turn around and use for the waiting buyers.

Voila....there is a 300,000 share buy at the ask of .047. Wonder if that was sitting on their desk as they raised the bid/ask?


quote:
Originally posted by BetNitAll:
Are the MM trying to shake loose shares when the bid and ask are both higher then the price?


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BetNitAll
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posted December 09, 2003 10:57     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
thanx PSU

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zo
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posted December 09, 2003 11:01     Click Here to See the Profile for zo     Edit/Delete Message   Reply w/Quote
There should be alot of money coming in after the profit taking done with LBTT late on today...zo...

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trader01
Member
posted December 09, 2003 11:05     Click Here to See the Profile for trader01     Edit/Delete Message   Reply w/Quote
im gonna be one of them, i made my 50% profit off LBTT, and its going straight into PGHI...

i know this defies every rule of trade by putting all your eggs in one basket, but PGHI is the ONLY exception

quote:
Originally posted by zo:
There should be alot of money coming in after the profit taking done with LBTT late on today...zo...

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PSU90
Member
posted December 09, 2003 11:08     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
Closing in on 8 million shares. Looks like the continuation might.....might be starting. Would love to break through the .05 wall today on this news!

quote:
Originally posted by machtabow2:
I tell you what... it is early yet and we have traded 6.3 million. Love the volume... Remember Gap ups are usually followed by a retrace and then a continuation... Let's see how this plays out. mach

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Moose
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posted December 09, 2003 11:11     Click Here to See the Profile for Moose     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by machtabow2:
Congratulations Moose on LBTT. We did get some news on PGHI today and are anticipating a push through resistance... the area in which we are trading. Once it breaks watch out. mach


hmm, thats strange, news didn't come up as a news alert. Well its nice to see their making progress in their operations, now lets see the pps make some progress, upwards!

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cabbage22
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posted December 09, 2003 11:12     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
Hey guys, just woke up! Go PGHI!

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BetNitAll
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posted December 09, 2003 11:13     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
Your right, news didn't come up on yhe first screen with ameritrade either.
i had to look for it.

quote:
Originally posted by Moose:
hmm, thats strange, news didn't come up as a news alert. Well its nice to see their making progress in their operations, now lets see the pps make some progress, upwards!

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PSU90
Member
posted December 09, 2003 11:13     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
You know what Moose....you are right. I hadn't even noticed that since I read it here. The news is not on my Ameritrade streamer!


quote:
Originally posted by Moose:
hmm, thats strange, news didn't come up as a news alert. Well its nice to see their making progress in their operations, now lets see the pps make some progress, upwards!

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trader01
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posted December 09, 2003 11:15     Click Here to See the Profile for trader01     Edit/Delete Message   Reply w/Quote
meaning the impact hasnt fully hit? in that case the run should occur late today PM or tomorrow

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cabbage22
Member
posted December 09, 2003 11:36     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
Nice support here at .043

BetNit why did you chase it! Theres always a little give back! I've done the same many a time

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machtabow2
Member
posted December 09, 2003 11:37     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
I haven't seen the news on any streamer of mine. I was wondering about that. I guess someone should call up the company and tell them to rereleast this afternoon. mach

quote:
Originally posted by PSU90:
You know what Moose....you are right. I hadn't even noticed that since I read it here. The news is not on my Ameritrade streamer!



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BetNitAll
Member
posted December 09, 2003 11:43     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
Cause I'm an idiot. I knew I shouldn't have, but I got overtaken by greed. No worries though , I bought most at .031 through .037. Still up with this baby, , but that last buy at .049 sure did take a little profit away. Hopefully we will get a strong close and everything will be all right. Soon we will all be rich

quote:
Originally posted by cabbage22:
Nice support here at .043

BetNit why did you chase it! Theres always a little give back! I've done the same many a time


[This message has been edited by BetNitAll (edited December 09, 2003).]

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kt325ci
Member
posted December 09, 2003 11:46     Click Here to See the Profile for kt325ci     Edit/Delete Message   Reply w/Quote
I like to check the sec website from time to time when doing research. http://www.sec.gov/cgi-bin/browse-edgar?company=point+group&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany

That is a link to view filings. They have a S-8 POS that was posted today.

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cabbage22
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posted December 09, 2003 11:47     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
Don't worry BetNit, we all see the writing on the wall- the MMs can't hold PGHI back.

Does anyone else see the turnaround thats coming after 12? Cuz I do!

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machtabow2
Member
posted December 09, 2003 11:55     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Bet'n... remember the ups and downs... it will not go up every day... here on out... its about patience... in the long run... you are the winner. mach

quote:
Originally posted by BetNitAll:
Cause I'm an idiot. I knew I shouldn't have, but I got overtaken by greed. No worries though , I bought most at .031 through .037. Still up with this baby, , but that last buy at .049 sure did take a little profit away. Hopefully we will get a strong close and everything will be all right. Soon we will all be rich

[This message has been edited by BetNitAll (edited December 09, 2003).]


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BetNitAll
Member
posted December 09, 2003 12:06     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
At first I was angry that I sold LBTT the other day, but then I realized I had aready made that much money and more from PGHI since I got in pretty early. I am sucking this stock for everyhting it has to offer. And thank you all very much for all the dd you do. Being new to trading I would have never found this stock. I was down 20% when I first started about a month ago. But I have been reading a lot of books and watching what you guys say and now I am only down 7%, and that includes commision. I still do some stupid things (still learning), but each day I get better. Thanx to everyone. Hopefully I will be able to contribut to the board some day. Until then, I will just have to keep learning and makeing money
quote:
Originally posted by machtabow2:
Bet'n... remember the ups and downs... it will not go up every day... here on out... its about patience... in the long run... you are the winner. mach


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trader01
Member
posted December 09, 2003 12:23     Click Here to See the Profile for trader01     Edit/Delete Message   Reply w/Quote
appears to have lost the early morning momentum... doesnt look like the .05 break is gonna occur today. can anyone display some level II quotes so we can see whats happening

thanks

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BetNitAll
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posted December 09, 2003 12:23     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
Ok, I called Equitilink, investor relations for PGHI. I asked why did the release not show up in some alerts. The guy said it showed up in Yahoo and was un-aware of why it didn't show up other places. I pushed him for a rerelease and he said he would bring it to John Flemming's attention today and get back to me.

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DeportAllNabobs
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posted December 09, 2003 12:24     Click Here to See the Profile for DeportAllNabobs     Edit/Delete Message   Reply w/Quote
simple question: What will the the issuance of another 100,000,000 shares do to the price of this stock?

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cabbage22
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posted December 09, 2003 12:49     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
The issuance is for employees of the company, which is what the s-8 is used for. Usually there are stipulations on when they can sell the shares they recieve. Plus, it doesnt mean that all the shares are out, just that they have them available to issue to the employees at their descretion. I don't think it will have any short or near term impact on the price. If they start issuing all the shares to employees with no holding stipulation- which is very rare- it can dilute the equity. Small companies do this all the time, I wouldnt be worried.

quote:
Originally posted by DeportAllNabobs:
simple question: What will the the issuance of another 100,000,000 shares do to the price of this stock?

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PSU90
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posted December 09, 2003 12:51     Click Here to See the Profile for PSU90     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by DeportAllNabobs:
simple question: What will the the issuance of another 100,000,000 shares do to the price of this stock?


As I read the filing (others please LMK if you agree/disagree), this registration of shares is primarily for employee compensation purposes. A very common practice with start up companies. I don't see them flooding the market. Maybe I'm wrong?

From the filing:

The purposes of the Plan are to enable Point Group Holdings, Incorporated, a
Nevada corporation ("Company"), to promote the interests of the Company
and its shareholders by attracting and retaining non-employee Directors
and Consultants capable of furthering the future success of the Company
and by aligning their economic interests more closely with those of the
Company's shareholders, by paying their retainer or fees in the form of
shares of the Company's common stock, par value one tenth of one cent
($0.001) per share ("Common Stock").

4. Eligibility.

Each individual who is a Director or Consultant on the Effective Date
and each individual who becomes a Director or Consultant thereafter
during the term of the Plan, shall be a participant ("Participant") in
the Plan, in each case during such period as such individual remains a
Director or Consultant and is not an employee of the Company or any of
its subsidiaries. Each credit of shares of Common Stock pursuant to the
Plan shall be evidenced by a written agreement duly executed and
delivered by or on behalf of the Company and a Participant, if such an
agreement is required by the Company to assure compliance with all
applicable laws and regulations.

5. Grants of Shares.

Commencing on the Effective Date, the amount for service to directors or
consultants shall instead be payable in shares of Common Stock ("Stock
Retainer") pursuant to this Plan at the deemed issuance price of one
tenth of one cent ($0.001) per Share.

6. Deferral Option.

From and after the Effective Date, a Participant may make an election (a
"Deferral Election") on an annual basis to defer delivery of the Stock
Retainer specifying which one of the following way the Stock Retainer is
to be delivered: (a) on the date which is three years after the
Effective Date for which it was originally payable ("Third
Anniversary"), (b) on the date upon which the Participant ceases to be a
Director or Consultant for any reason ("Departure Date") or (c) in five
equal annual installments commencing on the Departure Date ("Third
Anniversary" and "Departure Date" each being referred to herein as a
"Delivery Date"). Such Deferral Election shall remain in effect for
each Subsequent Year unless changed, provided that, any Deferral
Election with respect to a particular Year may not be changed less than
six (6) months prior to the beginning of such Year and provided,
further, that no more than one Deferral Election or change thereof may
be made in any Year.

Any Deferral Election and any change or revocation thereof shall be made
by delivering written notice thereof to the Committee no later than six
(6) months prior to the beginning of the Year in which it is to be
effected; provided that, with respect to the Year beginning on the
Effective Date, any Deferral Election or revocation thereof must be
delivered no later than the close of business on the thirtieth (30th)
day after the Effective Date.

7. Deferred Stock Accounts.

The Company shall maintain a Deferred Stock Account for each Participant
who makes a Deferral Election to which shall be credited, as of the
applicable Payment Time, the number of shares of Common Stock payable
pursuant to the Stock Retainer to which the Deferral Election relates.
So long as any amounts in such Deferred Stock Account have not been
delivered to the Participant under Section 8, each Deferred Stock
Account shall be credited as of the payment date for any dividend paid
or other distribution made with respect to the Common Stock, with a
number of shares of Common Stock equal to (a) the number of shares of
Common Stock shown in such Deferred Stock Account on the record date for
such dividend or distribution multiplied by (b) the Dividend Equivalent
for such dividend or distribution.

8. Delivery of Shares.

(a) The shares of Common Stock in a Participant's Deferred Stock
Account with respect to any Stock Retainer for which a Deferral Election
has been made (together with dividends attributable to such shares
credited to such Deferred Stock Account) shall be delivered in
accordance with this Section 8 as soon as practicable after the
applicable Delivery Date. Except with respect to a Deferral Election
pursuant to Section 6(c), or other agreement between the parties, such
shares shall be delivered at one time; provided that, if the number of
shares so delivered includes a fractional share, such number shall be
rounded to the nearest whole number of shares. If the Participant has in
effect a Deferral Election pursuant to Section 6(c), then such shares
shall be delivered in five equal annual installments (together with
dividends attributable to such shares credited to such Deferred Stock
Account), with the first such installment being delivered on the first
anniversary of the Delivery Date; provided that, if in order to equalize
such installments, fractional shares would have to be delivered, such
installments shall be adjusted by rounding to the nearest whole share.
If any such shares are to be delivered after the Participant has died or
become legally incompetent, they shall be delivered to the Participant's
estate or legal guardian, as the case may be, in accordance with the
foregoing; provided that, if the Participant dies with a Deferral
Election pursuant to Section 6(c) in effect, the Committee shall deliver
all remaining undelivered shares to the Participant's estate
immediately. References to a Participant in this Plan shall be deemed to
refer to the Participant's estate or legal guardian, where appropriate.

(b) The Company may, but shall not be required to, create a grantor
trust or utilize an existing grantor trust (in either case, "Trust") to
assist it in accumulating the shares of Common Stock needed to fulfill
its obligations under this Section 8. However, Participants shall
have no beneficial or other interest in the Trust and the assets
thereof, and their rights under the Plan shall be as general creditors
of the Company, unaffected by the existence or nonexistence of the
Trust, except that deliveries of Stock Retainers to Participants from
the Trust shall, to the extent thereof, be treated as satisfying the
Company's obligations under this Section 8.

9. Share Certificates; Voting and Other Rights.

The certificates for shares delivered to a Participant pursuant to
Section 8 above shall be issued in the name of the Participant, and from
and after the date of such issuance the Participant shall be entitled to
all rights of a shareholder with respect to Common Stock for all such
shares issued in his or her name, including the right to vote the
shares, and the Participant shall receive all dividends and other
distributions paid or made with respect thereto.

10. General Restrictions.

(a) Notwithstanding any other provision of the Plan or agreements made
pursuant thereto, the Company shall not be required to issue or deliver
any certificate or certificates for shares of Common Stock under the
Plan prior to fulfillment of all of the following conditions:

(i) Listing or approval for listing upon official notice of issuance
of such shares on the New York Stock Exchange, Inc., or such other
securities exchange as may at the time be a market for the Common Stock;

(ii) Any registration or other qualification of such shares under any
state or federal law or regulation, or the maintaining in effect of any
such registration or other qualification which the Committee shall, upon
the advice of counsel, deem necessary or advisable; and

(iii) Obtaining any other consent, approval, or permit from any state
or federal governmental agency which the Committee shall, after
receiving the advice of counsel, determine to be necessary or advisable.

(b) Nothing contained in the Plan shall prevent the Company from
adopting other or additional compensation arrangements for the
Participants.

11. Shares Available.

Subject to Section 12 below, the maximum number of shares of Common
Stock which may in the aggregate be paid as Stock Retainers pursuant to
the Plan is Two Hundred Fifty Million (250,000,000). Shares of Common
Stock issuable under the Plan may be taken from treasury shares of the
Company or purchased on the open market.

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cabbage22
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posted December 09, 2003 12:53     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
Look at the base at .04- Looks like we just hit the rock bottom, intraday

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justplayin
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posted December 09, 2003 13:01     Click Here to See the Profile for justplayin     Edit/Delete Message   Reply w/Quote
WE HOPE!

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justplayin
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posted December 09, 2003 13:11     Click Here to See the Profile for justplayin     Edit/Delete Message   Reply w/Quote
MM's shakin out weak hands. Don't let them get yours!

GO PGHI

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trader01
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posted December 09, 2003 13:42     Click Here to See the Profile for trader01     Edit/Delete Message   Reply w/Quote
WOW!!! .037, i am actually losing money now! Hope it turns around 180 degrees tomorrow and heads in the other direction.

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cabbage22
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posted December 09, 2003 13:42     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
MM signal 300?
Looking to get some more shares

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kcbudman
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posted December 09, 2003 13:44     Click Here to See the Profile for kcbudman     Edit/Delete Message   Reply w/Quote
I am waiting for scottrade to get more money in my account so I can load more into my boat.....I am hoping this is good for this reason....and then do an abrupt reverse. Mach, Uncle anyone see any reason not to buy more at these prices?


quote:
Originally posted by trader01:
WOW!!! .037, i am actually losing money now! Hope it turns around 180 degrees tomorrow and heads in the other direction.


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machtabow2
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posted December 09, 2003 13:50     Click Here to See the Profile for machtabow2     Edit/Delete Message   Reply w/Quote
Filling gap at .037... from yesterday. mach

quote:
Originally posted by kcbudman:
I am waiting for scottrade to get more money in my account so I can load more into my boat.....I am hoping this is good for this reason....and then do an abrupt reverse. Mach, Uncle anyone see any reason not to buy more at these prices?



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cabbage22
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posted December 09, 2003 14:12     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
MM signal 500?

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cabbage22
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posted December 09, 2003 14:21     Click Here to See the Profile for cabbage22     Edit/Delete Message   Reply w/Quote
Been trying to get a fill at .04, nothing going through....

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zo
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posted December 09, 2003 14:31     Click Here to See the Profile for zo     Edit/Delete Message   Reply w/Quote
It's funny how when the price is up we are all talking about being rich...Living the life...When the price dips a little, we ll dissappear...Where did you all go?...:-)...zo...

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Moose
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posted December 09, 2003 14:34     Click Here to See the Profile for Moose     Edit/Delete Message   Reply w/Quote
I went to go write an exam and came back to a price drop

but....we're still gonna be rich! lol
Actually I don't have much invested in this, all my eggs are in the LBTT basket, but I have enough in this to make a nice penny.

quote:
Originally posted by zo:
It's funny how when the price is up we are all talking about being rich...Living the life...When the price dips a little, we ll dissappear...Where did you all go?...:-)...zo...

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BetNitAll
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posted December 09, 2003 14:34     Click Here to See the Profile for BetNitAll     Edit/Delete Message   Reply w/Quote
I'm guessing were going to finish today right about where we started. Funny how people buy on rumors, then sell on news. This stock has had alot of good days, and will have many more.

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trader01
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posted December 09, 2003 14:35     Click Here to See the Profile for trader01     Edit/Delete Message   Reply w/Quote
i hope some of you managed to get some more shares at .037, BetNitall here is your chance to average down. in my opinion its a good point to enter. i wanted to, but chose NVALW instead. i simply have tooooooo many eggs in one basket (PGHI).

Lets hope tomorrow brings us more green!

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