sceptics vindicated, page-9

Marat


Current price is 036 with 94m traded today

Last 5 days closing prices:

Date SP Volume

14/9 037 23m
15/9 035 9m
16/9 041 21m
17/9 045 23m
18/9 046 10m

Total is 86m out of 1.17b on issue = 7% of shares on issue including any daytraders out for a quick dollar eg. A daytrader buys 500k and sells for a small gain, that's 1m of the volume just there. Maybe another daytrader buys it and does the same.

Its not unusual for companies with more than a billion share on issue to turn over this amount when results are due. Have a look at FML's volume lately. Previous 5 days saw 728m shares traded from 032 up to as high as 05. Today another 51m traded and the sp sits at 041.

As of 30/9/08 there were 3225 registered PDY shareholders and the top 20 held 406m or 35% of stock.

There is maybe 40 HC posters that frequent PDY including those that dont hold, others in for a trade, plus any genuine holders. Thats about 2% of shareholders. Now just how many buyers and sellers don't visit HC ever?

There will always be the unscrupulous few that use any means possible to get an edge. That's how it is in life in general so its fair to assume the same here. Unfortunately it seems at times that if anyone makes a positive comment they are branded rampers and if they express a negative sentiment they are downrampers. I choose to try and justify my views with supporting facts where possible. Some posters do the same and others choose to make a one or two line comment and think they should be taken seriously.

How about some facts. Do some research for a change instead of just being a hit and run merchant.

So the sp is back where it was a week ago and still up 600% on about 3 or 4 months ago.

For the record my last buy price was .006 and I sold out at .018 so I'm not benefitting finacially from anything I post on PDY. I've no interest in anything more than a trade should the sp drop to ridiculous levels like a few months ago. As I have often stated, the only thing I don't like about PDY is the corporate activity that constantly dilutes holders. At one point I held 25m GPNOA but chose not to take up the offer to pay .0025 for GPNOB last year.

There are some posters on PDY who I suspect will go to any lengths to get an edge. There are also posters on many other companies that do the same and often it is the daytraders who are the worst. They have no long term commitment so will try posting any crap that they think will push the price. Whether a poster mainly posts on 1 stock or many matters not, it's all about the content and the intent behind it. Marat you may be right in some of what you say but you also tend to jump at shadows. Do some hard research of GPN/PDY posters of the last couple of years to work out who are genuine and who are scammers.