Copy of a post I just made on iHub countering a pe
Post# of 2419
(Total Views: 46)
Posted On: 05/29/2025 10:57:49 AM
Copy of a post I just made on iHub countering a person who was of the opinion $PSRU would only move up after a share buyback:
It can easily run without a buyback. All it needs is for a few traders to be taking the .0002s rapidly immediately after the .0001s are bought out. If people fail to do that, and just bid .0001s instead, the market makers start "cellar boxing" as explained by Top Penny a few days ago.
I keep track of what is on each MM queue every time the .0002s start - which has been dozens of times in 2024 and 2025. Every day you can see where MMs each put large blocks of 50M > 150M up as day trades after the open when the ask is not hit immediately from orders placed before the open - invariably these blocks are on different MM queues to the day before. After a certain period, if the .0002s aren't hit, the same blocks are walked down to .0001 and the cellar boxing continues.
Once we get past 1-tick flippers at .0002 - and the impatient who are trying to sell back even for a commission loss - every price point upwards will get progressively thinner.
Obviously if there is a buyback that will make it a lot easier.
At the end of the day, $PSRU is a legitimate company with multiple lines of business development and the new totally renewed website will make it easier for investors to follow future plans and the progress made against those plans in each division of the overall portfolio.
Also, the contacts the CEO makes through his work as CEO Calexit - plus the Politico interview - may well attract further buying.
It can easily run without a buyback. All it needs is for a few traders to be taking the .0002s rapidly immediately after the .0001s are bought out. If people fail to do that, and just bid .0001s instead, the market makers start "cellar boxing" as explained by Top Penny a few days ago.
I keep track of what is on each MM queue every time the .0002s start - which has been dozens of times in 2024 and 2025. Every day you can see where MMs each put large blocks of 50M > 150M up as day trades after the open when the ask is not hit immediately from orders placed before the open - invariably these blocks are on different MM queues to the day before. After a certain period, if the .0002s aren't hit, the same blocks are walked down to .0001 and the cellar boxing continues.
Once we get past 1-tick flippers at .0002 - and the impatient who are trying to sell back even for a commission loss - every price point upwards will get progressively thinner.
Obviously if there is a buyback that will make it a lot easier.
At the end of the day, $PSRU is a legitimate company with multiple lines of business development and the new totally renewed website will make it easier for investors to follow future plans and the progress made against those plans in each division of the overall portfolio.
Also, the contacts the CEO makes through his work as CEO Calexit - plus the Politico interview - may well attract further buying.
(0)
(0)VALIANT EAGLE INC. (PSRU) Stock Research Links
"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.