$PSGR The share price is embarrassing. No way this stock
$PSGR The share price is embarrassing. No way this stock should be so low. But it is.
What IF this stock IS really only worth AT MOST $0.025/share? Investors who paid MUCH more would certainly have many questions to ask both the company AND the Agencies that monitor stock sales. It seems that whenever the share price moves up and remains for an 1 or 2 month period of time, shortly thereafter, there will be a DRAMATIC decrease in share price that occurs. (Shareholders CAN understand a small percentage in price drop.)
Investors can take a nostalgic walk through prior sales to see how share price never remains at a consistently higher price for much over the 2 month period then comes CRASHING down to a tragically low price. The crash SEEMS to be a result of a very small number of shares being sold. Typically less than 1,000. Even at PSGR's highest share price over the past 4 years ($0.15/share), the price was dumped in a hurry. What remains a mystery is why the price continues to raise after a POSITIVE Press Release is issued and then dump while there has been NO CHANGE to the POSITIVE information presented in the prior Press Release. Is someone gaming the system????
I still remain POSITIVE that this company will provide a profitable product (Precious Metal Ores). I also still remain concrete solid on expressing my opinion IF/WHEN my opinion changes at the very beginning of the 2nd Quarter of 2018. Sufficient information now exists from the very beginning of this company, through its former iterations until the current status to make for an interesting read.
Let us all continue to remain POSITIVE that this company will provide a return on investment to the many who have stayed with it over the past many years.....even though it has remained a PENNY STOCK.
Pershing Resources Company Inc. (PSGR) Stock Research Links
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