Deeno,
I apologized to Savant, and clearly pointed out that he had merely been posting the PRs from PAMT. As for the stock--have no interest in either going long or short the stock. I have no margin account that would allow to short the stock, plus, to short the stock through Scwab you have to put up $50,000 and then still they will hit you with an enormous interest charge to keep the short on. Under the criteria placed by Schwab, it's the clear sign of a stock that has many factors going against it...and why upfront amount required to short is so huge. Schwab tell you they don't have any shares in their accounts and why they have to go out and borrow the shares from the very guys who are the MMs behind the current move. Golden Rule--find a stock that Schwab or Fidelity doesn't have in their accounts--and you have a great short opportunity.Wanting $50,000 upfront--is a shout out to warning, but they are protecting themselves. Just two examples of recent times--MDTL and OCLS. I made a nice chunk of changes with MDTL as they had options. If you want a classic example of scams--look at the history of MDTL. They ran this puppy to more than $30.00--before they walked away. They were so bad--they literally shut their doors and didn't even bother to file bankruptcy......and the guy behind this one could even teach Woody new tricks. The OCLS story is still unfolding--and what a scam this one IS. The founder had a cure for cancer, fleshing eating bacteria--you name the disease and he has the answer. Want to guess what he is selling for $30.00 and ounce--and what you can go to your local grocery store and buy a gallon for $2.00----------Clorox bleach. Stock has now dropped to .40 cents--and now investors are just getting PRs saying tomorrow will be the day for them getting rich.
Just some noticeable trends I see with (PAMT) that gives clarity my issues......there is absolutely no floor for this stock--I've seen spreads of .21 cents today between the bid and ask price. The MMs are protecting themselves in a huge way. I've also seen today--three trades of hundred share lots on the downside--drop the bid by about .20 cents. This is a clear sign that there is no floor...........and when the momentum guys pull their already tenious bid----------kaboooom!
If you have friends and as with Savant----I have no problem making money in the market. But if you want to see a history of my record pointing out stock scams--visit the following boards and see how I was castigated for my willingness to point out fraud. Advanced Engine Technologies (Post #727) RDOX Battery Technology(Wednesday, February 11, 1998--by RichS the CEO of this fraud) Read how RichS attacked my message-------but then try and find where his stock is today. ZILCH! |
