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This imho has a lot of room to run on the right news-even if all 8 billion shares are out, not saying they are, but that is just 800k market cap at .0001-dirt cheap-imo
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I have owned this stock for a while now and do like there the way they operate.I think we need some real good revenue news in order for this to run.
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quote:Originally posted by jdog006: I own PEKG but I wouldn't wish this stock on my worst enemy. Who keeps selling at .0001? PEKG....that's who. They are diluting at record pace. In my estimation they are probably running out of wiggle room within the 8,000,000,000 authorized.
Why did they update the O/S on 9/15 but the float hasn't been updated since 7/13? The float is undoubtedly astronomical. Personally I expect to see a R/S before they make any major developments. PPS won't make any huge moves with a float as large as I believe PEKG has.
I've almost sold my shares at a loss countless times. I've decided to hold on to them in hopes that something good happens before a R/S.
As long as there is no R/S and PEKG actually comes through with a Violet Nine release this time (it's been pushed back a few times), PPS could potentially make it to the .0005 - .0010 range. But it's a HUGE risk.
Hello, I'm very new to stocks and am having troubles understanding differences between Authorized shares, Outstanding shares, Float and dilution..
Can someone, anyone, explain in laymans terms but as detailed as possible what each is, significances of each, how they work together etc... I need lots of help and would appreciate as much info from lots of different people so I can get different perspectives to put it all together.
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