$PSGR How failure to provide TIMELY and ACCURATE i
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Posted On: 02/02/2018 1:48:55 PM
$PSGR How failure to provide TIMELY and ACCURATE information may hurt Pershing Resources.
Investors, current and potential, are frustrated with Pershing Resources. Recently, VOLUME SALES of stock have gone down. Along with a dramatic decrease in volume, SHARE PRICE has dropped as investors may see additional future value decline (Little to NO Return on Investment /OR/ a major loss in investment) . Basically, sell now to keep from losing even more in the future. The current share price ($0.016) is indicative of both the VOLUME DECLINE and the VALUE DECLINE of the individual's investment.
Pershing Resources has stated in an earlier Press Release that a Capital Investment Company, Blackridge, had entered into an agreement to invest UP TO $1 Million for UP TO 10% of the company common shares under certain specified conditions. The most NOTABLE of the conditions is the ability of Blackridge to PURCHASE SHARES at the LOWEST SHARE PRICE FOR A PERIOD OF 10 DAYS prior to closing the arrangement. The DECLINE IN SHARE PRICE provides Blackridge with the ATTRACTIVE incentive to buy a great many more shares at a dirt cheap price. (Yes, the 10% of shares remains a constant). The possibility also exists that another Investment company can enter into a similar agreement with Pershing Resources IF Blackridge grows tired of waiting for any movement from Pershing Resources to consummate the arrangement. Bottom line: Pershing Resources LOSES money by selling UP TO 10% of the shares at a much lower price than had the share price remained at the higher share price level. Too late for that now!
Will Pershing Resources do anything to shore up the share price? At this point in time, I think that the ONLY direction that they can take is to provide HONEST, ACCURATE, and TIMELY INFORMATION NOW and to continue to issue Press Release on a frequency of, AT LEAST, one Press Release every other week.
Any stock, EVEN A PENNY STOCK LIKE PSGR, that has been around for 20+ years SHOULD be worth more than it was two decades ago. After 20+ years, one can suppose that the share price would have approached ONE DOLLAR by now. It seems that, now, ONE PENNY has become the Target Value for share price. Sad!
I remain POSITIVE that I will continue to post on this Board.
Investors, current and potential, are frustrated with Pershing Resources. Recently, VOLUME SALES of stock have gone down. Along with a dramatic decrease in volume, SHARE PRICE has dropped as investors may see additional future value decline (Little to NO Return on Investment /OR/ a major loss in investment) . Basically, sell now to keep from losing even more in the future. The current share price ($0.016) is indicative of both the VOLUME DECLINE and the VALUE DECLINE of the individual's investment.
Pershing Resources has stated in an earlier Press Release that a Capital Investment Company, Blackridge, had entered into an agreement to invest UP TO $1 Million for UP TO 10% of the company common shares under certain specified conditions. The most NOTABLE of the conditions is the ability of Blackridge to PURCHASE SHARES at the LOWEST SHARE PRICE FOR A PERIOD OF 10 DAYS prior to closing the arrangement. The DECLINE IN SHARE PRICE provides Blackridge with the ATTRACTIVE incentive to buy a great many more shares at a dirt cheap price. (Yes, the 10% of shares remains a constant). The possibility also exists that another Investment company can enter into a similar agreement with Pershing Resources IF Blackridge grows tired of waiting for any movement from Pershing Resources to consummate the arrangement. Bottom line: Pershing Resources LOSES money by selling UP TO 10% of the shares at a much lower price than had the share price remained at the higher share price level. Too late for that now!
Will Pershing Resources do anything to shore up the share price? At this point in time, I think that the ONLY direction that they can take is to provide HONEST, ACCURATE, and TIMELY INFORMATION NOW and to continue to issue Press Release on a frequency of, AT LEAST, one Press Release every other week.
Any stock, EVEN A PENNY STOCK LIKE PSGR, that has been around for 20+ years SHOULD be worth more than it was two decades ago. After 20+ years, one can suppose that the share price would have approached ONE DOLLAR by now. It seems that, now, ONE PENNY has become the Target Value for share price. Sad!
I remain POSITIVE that I will continue to post on this Board.
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