posted
One good thing I see about this stock is that I don't see a MM diluting. Buying pressure should take this thing up. Just retailers selling so far! Too bad I'm on the sidelines, been waiting for this from this stock for a long time! No $ available.
Vagabond
-------------------- You are what you do, not what you say!
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quote:Originally posted by Johnwayne: What is going on here? Look at all of these 5,000 share buys at .0006 $3 trades? Can't believe there are that many partials. Makes me jumpy.
You know that it is a signal trade... right. Sometimes retailers do that to try to "fool" the MM's. Don't think it works! I guess it's worth a try though!
Vagabond
-------------------- You are what you do, not what you say!
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posted
Doesn't look like buyers are chomping at the bit. Need a few more buys here. No one is selling at .0003 though. Good sign. Gonna have to move that bid up to get some sells. Vagabound- you think it's got another run in it?
posted
I don't know man. I am real leary of an EOD sell off coming. Got into this expecting news to hit. I would love to see news right now thats for sure.
posted
At .0004, this stock has a market cap of around $3,000,000 and it just reported 1st quarter earnings of $179,000. Assuming it continues that earnings rate, they should finish the year with around $720,000 in earnings so at .0004, their PE ratio is only 4.16.
Based on that, it's a good buy if they are going to continue their earnings. Anyone want to call the company?
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posted
Solid close to the day. Not one sell at .0003 all day. They are going to have to move up the bid to get any sells. Nes is supposed to be coming out soon here. I actually don't mind holding 2/3 of my original position overnight.
quote:Originally posted by Johnwayne: Solid close to the day. Not one sell at .0003 all day. They are going to have to move up the bid to get any sells. Nes is supposed to be coming out soon here. I actually don't mind holding 2/3 of my original position overnight.
Sounds like a good move to me! Looks like at the least, a little run tomorrow, and with some news..???? Who knows!
Vagabond
-------------------- You are what you do, not what you say!
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posted
PayPro, Inc. Announces New President & CEO Jun 29, 2006 6:26:00 AM Copyright Business Wire 2006 DALLAS--(BUSINESS WIRE)--June 29, 2006--
PayPro, Inc. (PINK SHEETS: PYPR), an international payroll and payment solutions company, is pleased to announce the return of Mike Terrell to the position of President & CEO. The appointment came following the sale of Chexcard Corporation, a wholly owned subsidiary.
When asked to comment on the sale, Mr. Terrell stated, "We made the decision to focus on increasing the value of our stock by using new, more efficient technology, strategic alliances, and rapid deployment will give us the edge in penetrating new developing markets. This sale almost eliminated our debt and reduced our overhead significantly. I expect we will see a dip in 2nd quarter revenues, but that is the only negative I can see and it is temporary."
As the founder and largest shareholder, Mr. Terrell brings a depth of knowledge and experience to the Company having spent more than twenty-three years developing cutting edge products and services for the financial and insurance industries. Mr. Terrell will focus on strategic alliances, initiatives, corporate development, and new market opportunities for PayPro, Inc.
About PayPro, Inc.
PayPro, Inc is committed to becoming the Premier Payment Platform Globally. Its foundation is its domestic and international debit card operations. MyBankCard (R) known as "The Bank in Your Pocket" is The Company's flagship product which is sold to businesses, governmental agencies and individuals. The MyBankCard (R) products are designed to give everyone who carries it more products and services than a traditional bank. It is not a credit card - no interest to pay, no payments to make and no approval requirements. They are VISA and MasterCard Bankcard products with no bank account necessary, and no credit checks required.
This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in Paypro Inc. reports that will be on file with the US Securities and Exchange Commission.
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