Calm before the storm?
Hey, obviously I cannot predict what the PPS does...as I have said..it could go to zero and it could go to $'s. Obviously no way to tell until it happens......My personal opinion is this may be just that..the calm before the storm....so many times I have seen stocks with little interest, not much volume and then....BOOM! UP SHE GOES.
The lack of volume really is not a bad sign imo...at least we are not seeing the float being traded everyday<lol>....I mean look how many penny stocks see HUGE VOLUME and a constant drop in PPS? ALOT! Most of the time it is because the company is cranking up the printing press, ie, PHGI as a good example...all the talk of PHGI reducing shares and being transparent and what happened? The volume was huge and the pps fell 99+% only to find out later that mr. transparent was BLOATING the float...printing shares like they were paper<lol>, imo.....
At least we know there is not a whole lot of dumping going on here......Company has done a good job so far to not act like a printing press..PPS is fairly stable and quite a bit higher then when it was at .02 not all that long ago....
If they get the uplist done and if all goes well, this could be one of those that is asleep for awhile and then wakes up with a vengance...obviously, not many shareholders are selling based on such little volume...well, not many buying either...but with no 'selling' pressure and assuming the share structure stays reasonable, if/when some buying starts it could be like a snowball to the upside......
Of course it could plumett to nothing just as easily I guess....but imo, it has the makings of a sleeping snowball ready to avalanche to the upside. When? I have no idea, but IF it does occur, it will likely be when we least expect it and it could run hard and fast imo.......
Hopefully we start hearing some good news soon.....I am eager to find out more about our relationship with USIS which started this week.......and of course, the biggie..uplisting and lets see some audited numbers that look good ;>) |