6500+ views here today already - a lot of new inte
Post# of 692
Posted On: 08/25/2016 10:11:20 AM
6500+ views here today already - a lot of new interest here in $PJET.
Short recent history.
PSG alerted it to their VIP members when the available ask was at .0015.
I checked the recent history and verified that it had a core of long-term off-the bottom bounce watchers who hadn't got anything below .0010 and it couldn't have been pre-loaded to any great extent by anyone.
With a very low float, it moved into the .0020s and was traded in a .0018>.0029 for some time with a few holding progress up by flipping as little as 250K for a few ticks over and over.
Upon release of the latest quarterly report as anticipated by PSG, a breakout above .0030 occurred with a run to .0045 on extremely thin volume.
After being manipulated down yesterday for reloading and hard bouncing off .0025, it was as usual very thin to the upside and started to breakout at .0040.
Yet again, a few people who don't know how to trade, and / or don't know how to interpret a Level 2 properly, ruined the .0040 breakout that had already started by selfishly putting up mickey mouse amounts for a few ticks undercutting the ask in sequence from .0038>.0033 - which in turn led to a few people panicking, the most extreme of which was someone selling a 1M at .0030 when .0040s had been hit only minutes before.
In the final analysis, all that happened yesterday was that manipulators duped weak hands into selling with 17M shares changing hands between .0025 > .0040 and PJET closed up 6.45%.
There core of long-term enthusisasts at iHub was joined by others raising numbers to 10 last Sunday, 20 by the open Monday and 50 by the close Monday. many are still around.
Some - who may have links to the company - believe that other news catalysts forthcoming.
One possibility - check an earlier PR - is that one person has the option to take the aviation charter booking business part of the business in return for monies owed and his shares - which would be returned and if retired lower the float further. PJET would then look for other opportunities, possibly in the technology sector in Israel where a new Director has contacts. There are other possibilities being speculated on iHub regarding possible contracts for the aviation charter business.
Once the low flippers have been cleared out in the .0033> .0039 range, we could see a fast break above .0040 in the future.
This could happen at any point by the bigger players in this who manipulated it down for reloading yesterday.
Personally, I'm just sticking with my 500K lotto in the .0030s which are effectively free shares after earlier banked profits, as I have bigger plays (for me) shaping up elsewhere.
Worth keeping on watch.
Short recent history.
PSG alerted it to their VIP members when the available ask was at .0015.
I checked the recent history and verified that it had a core of long-term off-the bottom bounce watchers who hadn't got anything below .0010 and it couldn't have been pre-loaded to any great extent by anyone.
With a very low float, it moved into the .0020s and was traded in a .0018>.0029 for some time with a few holding progress up by flipping as little as 250K for a few ticks over and over.
Upon release of the latest quarterly report as anticipated by PSG, a breakout above .0030 occurred with a run to .0045 on extremely thin volume.
After being manipulated down yesterday for reloading and hard bouncing off .0025, it was as usual very thin to the upside and started to breakout at .0040.
Yet again, a few people who don't know how to trade, and / or don't know how to interpret a Level 2 properly, ruined the .0040 breakout that had already started by selfishly putting up mickey mouse amounts for a few ticks undercutting the ask in sequence from .0038>.0033 - which in turn led to a few people panicking, the most extreme of which was someone selling a 1M at .0030 when .0040s had been hit only minutes before.
In the final analysis, all that happened yesterday was that manipulators duped weak hands into selling with 17M shares changing hands between .0025 > .0040 and PJET closed up 6.45%.
There core of long-term enthusisasts at iHub was joined by others raising numbers to 10 last Sunday, 20 by the open Monday and 50 by the close Monday. many are still around.
Some - who may have links to the company - believe that other news catalysts forthcoming.
One possibility - check an earlier PR - is that one person has the option to take the aviation charter booking business part of the business in return for monies owed and his shares - which would be returned and if retired lower the float further. PJET would then look for other opportunities, possibly in the technology sector in Israel where a new Director has contacts. There are other possibilities being speculated on iHub regarding possible contracts for the aviation charter business.
Once the low flippers have been cleared out in the .0033> .0039 range, we could see a fast break above .0040 in the future.
This could happen at any point by the bigger players in this who manipulated it down for reloading yesterday.
Personally, I'm just sticking with my 500K lotto in the .0030s which are effectively free shares after earlier banked profits, as I have bigger plays (for me) shaping up elsewhere.
Worth keeping on watch.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.