-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
You were suppose to email me at .014. It's ok, I just woke up from a nap anyway. Looks a lot better today.
quote:Originally posted by lilpennypincher: SCHB moved down to .0195 LOL
Should I e-mail you now will?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I bought it last week at 0.022 and it scared the hell out of me when it went to 0.013. Does anyone know why the big drop and semi recovery today? Do you believe it will continue in the positive direction for the next couple of days?
posted
This is a day that makes me feel good and it shows me that Paul does listen to investors Hope we hear something good tomorrow glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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quote:Originally posted by lilpennypincher: Ok the stock dropped cuz'...........READ LIKE PAGE......2 or 3 of this thread......and The sock rose today cuz.........of............Page 3.
Good luck all!
Yeah, I know...
For some reason, I was thinking of a different stock when I typed my dumb comments in!
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
quote:Originally posted by WarpedMind: This may be a really stupid question...
But when the share count is basically cut in half, is it safe to assume that your shares will probably double in value to equalize?
Rule 1: There are no "safe" assumptions in penny land!
Rule 2: See Rule 1!
Normally, no, it doesn't necessarily mean double. It's still about supply and demand and the supply just went down. If demand also goes down, the stock goes nowhere. If demand stays the same or goes up, yes, the stock will also go up. In the case of PBLS, they are way undervalued, so it may be that demand is high.
Also, when the number of shares decrease, the actual par value of the stock increases because there are less shares to split the value of the company amongst.
Finally, remember some basic rules about pennies: Very few are trustworthy, very few have any real value (most of the value in a penny stock is perceived value), investors in pennies tend to hate dilution regardless of actual worth (experience has burned many investors when dilution of pennies occur, so there is often a negative connotation with dilution), I'm sure there are more, but this is a short and basic list of things I've learned over the last year of watching pennies and starting to invest in pennies aprox 8 months ago.
Being as this is an undervalued company to begin with, this type of news *should* push the stock to higher levels again.
I'm sure someone here can post the difference between estimated pps value with 2 billion shares vs. 1 billion shares.
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
Indeed! Looking for another nice gain today!
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
Good morning all hope we go up today if we get a pr that would be nice. At least we know for the time being any way dilution has for the most part stopped and if the company ungaggs the T/A we will always know in the future.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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quote:Originally posted by WarpedMind: This may be a really stupid question...
But when the share count is basically cut in half, is it safe to assume that your shares will probably double in value to equalize?
Rule 1: There are no "safe" assumptions in penny land!
Rule 2: See Rule 1!
Normally, no, it doesn't necessarily mean double. It's still about supply and demand and the supply just went down. If demand also goes down, the stock goes nowhere. If demand stays the same or goes up, yes, the stock will also go up. In the case of PBLS, they are way undervalued, so it may be that demand is high.
Also, when the number of shares decrease, the actual par value of the stock increases because there are less shares to split the value of the company amongst.
Finally, remember some basic rules about pennies: Very few are trustworthy, very few have any real value (most of the value in a penny stock is perceived value), investors in pennies tend to hate dilution regardless of actual worth (experience has burned many investors when dilution of pennies occur, so there is often a negative connotation with dilution), I'm sure there are more, but this is a short and basic list of things I've learned over the last year of watching pennies and starting to invest in pennies aprox 8 months ago.
Being as this is an undervalued company to begin with, this type of news *should* push the stock to higher levels again.
I'm sure someone here can post the difference between estimated pps value with 2 billion shares vs. 1 billion shares.
Thanks for the very informative reply!
Posts: 1711 | Registered: Oct 2005
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