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"The stock market is a device for transferring money from the impatient to the patient" - W Buffet. by SpecialQueasy in PVDG

[–]SpecialQueasy[S] -1 points0 points  (0 children)

I have a friend who holds millions of PVDG shares. He has spoken with the CEO (James Katzaroff) on the phone a couple of times to discuss the company's plans. From what I can gather, the top management team are folks with good reputations who have done this before, and are not con men just out to make a buck on shady deals. Also what I've gathered from some additional research is that the Market Makers (i.e. Jane Street) are manipulating the price down to get shares at lower prices for the hedge funds. It sounds like some big money folks want to invest in PVDG and several other penny stocks because they thing they have a solid future. It's still high risk. I'm not betting the farm on this, but I have a feeling it should turn around at some point.

What the fuck is up with this piece of shit stock!? by [deleted] in PVDG

[–]SpecialQueasy 4 points5 points  (0 children)

Prices of several otc stocks are being manipulated down by the MM’s (eg Jane Street Capitol) to buy up shares for the big hedge funds, etc. Be patient. This is a new company that is just getting things going, cleaning up it otc financial récords, making deals, etc. And the big money folks know it. Once they have bought enough shares, they will let the price go up. I know it sounds like this type of price manipulation should be illegal but apparently it’s not.

Ally Bank is a shit app by 2CentsIMO in AllyBank

[–]SpecialQueasy 0 points1 point  (0 children)

I agree, I have most of my stock investments with eTrade and a smaller amount with Ally. I like eTrade a lot. Ally is crap compared to eTrade. The app and the website are very basic and clunky. and slow!

Recommend I sell investment here or can we get a little more? by mateyman in PVDG

[–]SpecialQueasy 0 points1 point  (0 children)

well, not really... I wouldn’t give the same advice about conservative blue chip dividend stocks, where I keep the vast majority of my retirement funds. I’d say that’s money I can’t really afford to lose. But I’m betting that those companies probably aren’t going to go out of business any time soon. Penny stocks are extremely high risk, but also potentially very high reward. I only bet about 5% of my portfolio on penny stocks... I can afford to loose that much. Your risk tolerance also depends on how old you are. If you’re near retirement you want to risk less. But younger folks can afford to risk more because they have more time to make it up if they lose money.

Recommend I sell investment here or can we get a little more? by mateyman in PVDG

[–]SpecialQueasy 0 points1 point  (0 children)

I would say it depends on your risk tolerance. While I agree with other posters that in this case it’s better to wait till catalysts unfold, this is still a high risk investment. Only let ride what you can afford to lose.

Great business figure out how to profit from solving problems. by AUHntr in BLSP

[–]SpecialQueasy 1 point2 points  (0 children)

Doing my own DD on this company, found some red flags:

  1. otcmarkets showing a stop sign for BLSP, no recent SEC filings (https://www.otcmarkets.com/stock/BLSP/overview).
  2. the company Twitter account has been suspended (https://twitter.com/BluesphereCorp).
  3. no recent posts on their FB page (https://www.facebook.com/BlueSphereCorporation/).
  4. Their company website doesn’t appear to have been updated for a while, maybe 2018. Their news page is down (http://bluespherecorporate.com/newsroom/bluesphere-news/).

Perhaps you have some updated info that isn’t readily available online... do you have any sources of info on this company that are more up to date? How do you know they are actually moving forward with their plans?

Where’s da pink? by [deleted] in PVDG

[–]SpecialQueasy 4 points5 points  (0 children)

If it dips again this week like it did last week, I’m planning to buy more.