I guess I would be one of those "fools" since I ha
Post# of 11107
Posted On: 05/28/2015 2:31:16 AM
I guess I would be one of those "fools" since I had 100Mil with a .0002 average pre-split (That would be a bit over $15k fyi) and since we have been at no bid for months and had such "high" (sarcasm) volume, I decided to hold ALL my shares and ride out the R/S, because I had nothing better to do than be a "fool" and hold them ALL!!! (more sarcasm)
I knew some day something would come to life with the ticker...had no clue what it would be or how long it would take, but that's life in the pennies and "no bid". The $$ wasn't missed and it wasn't lost, unless PVEC were to go bankrupt. I had sell orders established in 10Mil blocks at each uptick increment, waiting for a possible run. Ready to make any adjustment to sell orders depending if it looked like it was just going to be a small pop or a nice run. I knew the risk of an R/S was possible, nothing I could do about it by the time we bottomed out and went to no bid with no volume, was there?
I will be holding mine for a while to see where this goes. So far I am pleased with what the new company is about and the direction they are hoping to take this. Currently, I am seeing what is expected after a R/S, especially one that had been stuck at no bid for awhile. Like he said, many just wanted to get the hell out and did so at first opportunity to sell off, which for many, was today.
Good luck to those of us who choose to stand fast and hold, as well as add new shares.
I knew some day something would come to life with the ticker...had no clue what it would be or how long it would take, but that's life in the pennies and "no bid". The $$ wasn't missed and it wasn't lost, unless PVEC were to go bankrupt. I had sell orders established in 10Mil blocks at each uptick increment, waiting for a possible run. Ready to make any adjustment to sell orders depending if it looked like it was just going to be a small pop or a nice run. I knew the risk of an R/S was possible, nothing I could do about it by the time we bottomed out and went to no bid with no volume, was there?
I will be holding mine for a while to see where this goes. So far I am pleased with what the new company is about and the direction they are hoping to take this. Currently, I am seeing what is expected after a R/S, especially one that had been stuck at no bid for awhile. Like he said, many just wanted to get the hell out and did so at first opportunity to sell off, which for many, was today.
Good luck to those of us who choose to stand fast and hold, as well as add new shares.
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