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Author Topic: PXIT Huge volume
SherriT
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Not sure - I had shares at .0002 and decided it wasn't going anywhere so I dumped a few days ago. It has gotten a lot of attention....I wish there was a R/M coming

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Study before you buy, Sell before you think about it....

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SherriT
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Surf, your mailbox is full....

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Study before you buy, Sell before you think about it....

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Chris4205
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Similar start to yesterday. 7 approaching.
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SherriT
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This looks good again this morning - kinda wish I had stayed in....

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Study before you buy, Sell before you think about it....

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kidpolio
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Awesome. This one going to break .001 today.
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Chris4205
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Sherri, are you out completely?

MM's keep moving. It is down to 5 at .0007. We also have goog bid support with 4 at .0006.

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ZeroCool
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I'm still in at .0005- will buy more at.0004 or .0003 in next couple of days while mm's try to p/u as many cheap shares as possible.

This company is a SHELL in totality! They have been shopping for the last year or so for a merger co. The two websites are easily seperated from the company. They are merely portals.

But, they are fully reporting with internet presence,and afilliated accounts.(www.betbarn66.com)check it.
767m o/s and 635m float

This is a very simple co. to r/m with.
IMO!; there are 3 companies looking at them in the last 3 mo. One is not publicly trading, looking for a shell to go public- the other has something to do with money(??) the third-is not in any business(BDC?)

From an operating position; I believe they are just trying to get as much cash as possible. If they independently audit financials? = r/m is clinched.
I've been looking for telltale signs of open market buyout,takeover,etc...that would be an easy way to go, albiet expensive--mixed info and signals. That is where i'm standing at this point. any thoughts?

Gather as much information and opinions you can--the decision is yours alone!

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nn

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RockLobster
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I'd have to agree, very clean shell and fully reporting BB that is in the sub pennies. Also good consolidation and base currently at the 3-4 level. ATM, only 1 MM at 5, and 5 at 6. It moves very quickly on not so much volume, so the move will be sudden.
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ZeroCool
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agreed- L2's worry me; looks like they are holding on to a rubber band- i think they may shore it up at .0008- but without consistent volume- .0003 steady


p&d= people not smart enough to understand macro economics and how it relates to equity markets and investment strategies

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nn

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RockLobster
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fortunately it doesn't take a whole lot of volume to move this thing. Nothing like most sub pennies that need at least a billion in volume for an uptick.
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ZeroCool
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quote:
Originally posted by RockLobster:
fortunately it doesn't take a whole lot of volume to move this thing. Nothing like most sub pennies that need at least a billion in volume for an uptick.

agree-- but man, are they trying to bring it down

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nn

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SherriT
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At least it is still getting volume....

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Study before you buy, Sell before you think about it....

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RockLobster
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Consolidation. Dipped to 3 today barely and AUTO has been holding the 4 bid. Will be a very interesting week imo.
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ZeroCool
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quote:
Originally posted by RockLobster:
Consolidation. Dipped to 3 today barely and AUTO has been holding the 4 bid. Will be a very interesting week imo.

WTF??? Are they covering, know somethin' we don't? Volume hanging, LII's wide on the ask for couple weeks, now- yo-yo

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nn

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RockLobster
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http://stockcharts.com/h-sc/ui?s=PXIT&p=D&yr=0&mn=6&dy=0&id=p18019411779
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