Posted On: 01/14/2013 9:57:51 PM
Post# of 39368
Whats driving the PPS? A few longs? 830K buy vol with 2261k sell vol. Good news but artificial IMO. Then again any movement we've seen taking the PPS below .05/share has also been artificial. Fundmentals are not at play here and the PPS hasn't made any "penny stock" sense since .05. When I see movement like the last three green trading days I start to think that a proven 200 BPD could take the PPS to $1 just on a short squeeze and MOMO. Earnings per share will have nothing to do with it and neither will financials. Anything can happen and all we need is oil.
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