posted
Thanks for the heads up Ric , i got screwed twice before with R/s, I recently bought another 249,999 more at .0001 in hopes to make a quick profit selling at .0002 but i couldn't get rid of it , So with this news i'm selling at .0001 at least i'm not getting hit with the r/s but only lose my commsion on this. What a bunch of scamers PCCR is.
Posts: 181 | From: Quebec | Registered: Aug 2005
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I hope i can , but who knows , maybe i jst got scamed again for the thrid time , I might have to sell tommrrow morning first thing before it starts droping .
Posts: 181 | From: Quebec | Registered: Aug 2005
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Polar, put in a GTC order at .0001. That's what I did last month. It took a week or so, but it finally hit, and I broke even, except like you said, with the commission.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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With this R/s ,shouldn't this open up at .10 cents . So i could sell this in the morning at .10 or what are the odds that this will go up tomrrow in the morning for a quick pop. My sell order wasn't filled so i guess i'm stuck with this POS.
Posts: 181 | From: Quebec | Registered: Aug 2005
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Hopefully polarbear... Just got the notice, haven't checked the board in a few days.. At these levels still staying in. Wishfull thinking i'm sure but hey might be the last one before things start to click. Yeah I'm sure i'm wrong but who knows. GOOD LUCK TO ALL...
Posts: 10 | Registered: Sep 2005
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Yea, it will be at .10 until the opening bell, then it will be .09, then .08, etc., sliding down before you can sell.
This POS scam got me about 1 1/2 years ago. Criminal is what it is. Good Luck.
Posts: 347 | From: Kansas City, MO, USA | Registered: Jun 2003
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Not true KCbudman , I did some DD and discovered that every time Pacel has done a R/S The stock rose and stayed there about 2 days then it started it downward plunge to .0001 . On june 20th 2005 the time of the last 1/1000 r/s it rose to .60 cents but only stayed there one day then .50 then .40 etc till it crashed. http://stockcharts.com/def/servlet/SC.web?c=pccrPosts: 181 | From: Quebec | Registered: Aug 2005
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Polar, if the stock is dropping too fast to put an order in, then just put your limit sell order in at like .0001 or whatever, they will take it at the bid
Posts: 2329 | From: MD | Registered: Jul 2005
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Polar You may be right on the June 20th R/S. I didn't pay attention to it. Like I said it clobbered me quite a while back. One thing though, when they R/S, it takes a day or two for it to be tradeable, since some brokers take that long to recognize the symbol. Hopefully you won'thave that problem, and can bail. Good Luck.
Posts: 347 | From: Kansas City, MO, USA | Registered: Jun 2003
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can you short sell this stock? Just thinking because it's pretty much a given that this stock is gonna go down
Posts: 234 | From: Poughkeepsie NY | Registered: Jun 2004
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No Beginners...you can't short OTC.BB or Pinksheet stocks...
quote:Originally posted by BeginnersLuck: can you short sell this stock? Just thinking because it's pretty much a given that this stock is gonna go down
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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I thought they would allow you to short the penny's now, I think they started about a month ago. You have to have a different type of account.
Posts: 3875 | From: ca. | Registered: Jul 2005
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Beginersluck- good point, this would be a great long term hold for a short sell. The only time you would want to hold long. But when they RS. to .10 again then what? just kidding.
Posts: 3875 | From: ca. | Registered: Jul 2005
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Down a solid 80% again today...gotta love those r/s's......Reverse #8 is in the works, it's only a matter of time. This may be the all-time king of the POS list.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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It's pretty bad when yuo take a loss and you feel lucky that you got out at .07. This might be the fastest drop I have seen.
Posts: 3875 | From: ca. | Registered: Jul 2005
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By Christmas we have another R/S. That's one for the True Believers. What about Pacel Christmas Tree's. Hallelujah.
Posts: 425 | From: NL | Registered: Jun 2005
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I hope the CEO of PCCR now PCCN go in jail very soon. They are theft. They took money away from people then run away. I lost $2500. I bought this stock at price $.0018.
Posts: 25 | From: rochester , NY | Registered: Oct 2005
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My broker would not let me sell my damn stock PCCN until it went down to $.01 ( I heard it started from $.10 ). My broker put my stock as PCCR# for couple days.
Do you think my broker sold my stock at $.10 then they left a few hundred share at the price $.01 ? Any idea ?
I got 25,000,000 shares at price $.0001 but I could not sell at the price $.0001 because my broker put this stock as PCCR#(no ask, no bid).
Next morning, it go down from $ 2500 to $250.
Posts: 25 | From: rochester , NY | Registered: Oct 2005
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PACEL Corp. Continues Acquisition Program 11/3/05
CHARLOTTE, N.C., Nov 03, 2005 /PRNewswire-FirstCall via COMTEX/ -- PACEL Corporation (OTC Bulletin Board: PCCN) announced today that a letter of intent has been executed with World Wide Personnel Service of Maine, Inc. (World Wide) a Maine corporation.
World Wide is a leading Professional Employer Organization in Maine. The company specializes in quality human resource management services and guidance for small- to mid-sized businesses. Historically, the company has averaged billing $11 to $12 million annually and gross profits in excess of $500,000. World Wide currently services 80 clients that will add a significant number of work site employees to PACEL's employee base. Upon completion of the acquisition PACEL will have expanded to serve the majority of the eastern seaboard states.
Michael and Antoinette Peterson, owners of World Wide, stated, "We are excited about this merger that expands our capabilities and extends services. We will be able to offer our clients more now and in the future, as we all continue to grow."
Gary Musselman, President/CEO of PACEL, stated, "this is a great partnership of two great companies. I am very pleased to have World Wide as part of the corporation. The addition of World Wide will further strengthen PACEL's presence in the PEO market in the eastern seaboard region. Our turn- key HR solutions are a great marriage due to the similarities we share in providing our clients the highest level of business solutions. This is just one example of how PACEL is dedicated to growth and we are excited about this opportunity."
Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the Internet, and extreme sports industries, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
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