Sean,
I share your concern on this. I've witnessed another issue I hold hit the pink, and it was listed as: ask, $1, and bid $0.50! Quite a spread! So you are in the same ball park of wierdness here....
I check CNBC for paeb, and it shows the last 10 trades. My check just a minute ago (about 3pm,cst) for these last 10 trades showed about 5 at the ask for sure (mostly .19) at pretty good volumes, with the rest I suppose at bid around .14 at less volume.
The mm's shroud their games pretty well on the pinks, so I don't blame you for sitting tight. At one or two cents a day, you may start perking up by next week, if this continues! If its manipulation, like I said, its pretty impressive to me (so I guess, image-wise, its working.....
caution is again, still warranted). Who knows when the real momentum will take over.
I've a call into Mr. Plender who was out today. Hope he returns the courtesy call- its the only one I intend to make prior to the start of production (after that, IMO, they'll be too busy to bother!, I hope). |
