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PNMS -- Pump and Spammed Stock. Caution! - Page 67  

post #1321 of 1620
6/27/07 at 2:45pm

Panamersa

Last day to get Cheap Shares Everyone!

Bigger Squeeze is verging up

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post #1322 of 1620
6/27/07 at 2:45pm
^ LMAO
this is done
post #1323 of 1620
6/27/07 at 2:58pm
"A valid source of mine confirmed that PNMS indeed has about $855 Million of Assets (including lots of cash), with virtually no debt at all!"

This is a BIG misconception. PNMS doesn't have these assets; the Fundacion reportedly now has these assets (due to admitting other companies into the foundation), of which PNMS is an operating company. Therefore, the calculations of pps that use this inflated number are not accurate at all.

PNMS has long talked about market manipulation of their stock, but they now have the prime opportunity to manipulate it themselves by controlling the very exchange it's trading on, while making beaucoup revenue off the very shareholders it supposedly supports.

I don't see any long-term good coming out of this stock. But I hope those of you who stayed in were able to take profits on the bump.

JMO of course.
post #1324 of 1620
6/27/07 at 3:02pm

Panamersa

Man,
$850 Million in Assets and new PR's hinting at financial report #'s for the Quarter coming out! EPS will be even bigger this time!

Like I said,
Last day to get cheapie shares!
post #1325 of 1620
6/27/07 at 3:05pm
PUMP PUMP PUMP PUMP.
post #1326 of 1620
6/27/07 at 3:08pm
Quote:
Originally Posted by MegaStocks View Post
Man,
$850 Million in Assets and new PR's hinting at financial report #'s for the Quarter coming out! EPS will be even bigger this time!

Like I said,
Last day to get cheapie shares!
it seems like you say that everyday. you should start bashing, it would probably be a more effective way to get people buying
post #1327 of 1620
6/27/07 at 3:18pm
I sold my freebies at .0032 the other day... I'll most likely blow the money this coming weekend on strippers and beer.

Ignore the pumpers (all of which have less than 100 posts?). This company is full of $hit.
post #1328 of 1620
6/28/07 at 2:04am
Let me provide a real update, since this thread is fact and DD void. I'm seeing pumping and bashing on both sides, both uninformed. It's fair that a negative response is yielded from the pumping, which has been shallow. However the pumping does not incriminate or invalidate the company or the stock.

The PDR exchange has gone live. A handful of quick investors who pulled their certs a month ago, and boarded the PDR trading system have sold their shares at .0118 or so, which was a 500-900% profit, depending on where they bought in for the most part. Nobody has been able to wire money out of the system yet, while the company works out the "test wires" to cash out PDRs. We'll know in a week or two if people were able to actually cash out or not.

I believe that is what caused a cease in the panic buying run, and the correction we saw the last 2 days. When the 1st person pulls their cash out (if, I should say) there will be a massive run to .01 or close, from wherever the stock is at. Some investors of course don't want to go through the paperwork hassle, and will flip out at a lower price, so there should be some lag before .01 is broken in share price, but personally I think that is what will happen.
post #1329 of 1620
6/28/07 at 2:13am
Quote:
Originally Posted by Shamantiks View Post
Let me provide a real update, since this thread is fact and DD void. I'm seeing pumping and bashing on both sides, both uninformed. It's fair that a negative response is yielded from the pumping, which has been shallow. However the pumping does not incriminate or invalidate the company or the stock.

The PDR exchange has gone live. A handful of quick investors who pulled their certs a month ago, and boarded the PDR trading system have sold their shares at .0118 or so, which was a 500-900% profit, depending on where they bought in for the most part. Nobody has been able to wire money out of the system yet, while the company works out the "test wires" to cash out PDRs. We'll know in a week or two if people were able to actually cash out or not.

I believe that is what caused a cease in the panic buying run, and the correction we saw the last 2 days. When the 1st person pulls their cash out (if, I should say) there will be a massive run to .01 or close, from wherever the stock is at. Some investors of course don't want to go through the paperwork hassle, and will flip out at a lower price, so there should be some lag before .01 is broken in share price, but personally I think that is what will happen.

lmfao .... "test wires" haha... yea where do I send my certs.. i want a part of a company that doesnt let me wire my money out becase they didnt test it yet?
I thought we knew awile ago this thing stunk? imo of course
post #1330 of 1620
6/28/07 at 2:54am
took profits yesterday, will wait for consolidation for re-entry.
post #1331 of 1620
6/28/07 at 4:12am
Wallymac,

Savvypicker7 is Lebed on the other board?

You are correct. If a penny runs hard solely on news, it usually retraces; sometimes immediately, sometimes in a few days because there are no underlying fundamentals to support the increased PPS.

For long-term investors, a slow steady climb with real monetary support - income or profits - is much better.

Re the part in red below, eventually for the PPS or the PDR~s to increase in price, the company will have to make money and prove it. Their last unaudited quarterly claims the company has about $19 million in cash. Obviously the market doesn't believe that, otherwise the PPS would be a lot higher than .0031. How many sub-penny stocks have you seen that's really got $19 million in cash?

What some folks perhaps haven't pondered is that the company is offering that guarantee now. They can take it away - cancel it - any time they want. What are investors gonna do then, sue them?

Thanks for that information on Panama. Interesting stuff. I'll check it out.

Guapo

Quote:
Originally Posted by wallymac View Post
I agree with you about Savvypicker7. I hate straight out pump jobs and I have seen his posting on several other message boards. Lebed was involved with a third party pump of this stock a while back. He helped it run to .008 and then the bottom dropped out like mist other stocks he gets involved with.

I prefer a stock rise gradually basing higher as it goes like this stock is now.

You raise some good questions about trading on the PDR exchange. 99 out 100 I would never send for Certs because of the lack of liquidity that you speak of. I'm not advocating that anyone do that here because everyone needs to assess their own Risk vs Reward tolerance. There will be other issues trading on the PDR exchange, not just the PDR's backed by shares of PNMS. So in essence you could sell PDR's based on PNMS and buy PDR's for bond issues or other projects or even other companies.

I have done extensive research on Panama and what is going on in that country. It's booming. I'll post a few things I have found later that have to do with Panama in general. In fact after reading the info, I've considered retiring there. But that's another story.

You asked why Panamersa would guarantee .02 for 1 year and .04 for 2 yrs. Well from My DD, I would surmise a couple of reasons. First, they always intended to open the exchange and need to get people to start trading. What better way than to take over a U S company and hve people trade in their shares for PDR's? Now how do they get people trading on the US exchange to go through the trouble and do this? You have to guarantee them something so the .02 and .04. Panamersa believes that they will never have to put out a penny toward that guarantee because they believe the PDR's will be trading at a much higher price than that. Heck they even let you trade the PDR early and take profit because in their minds they have no doubt that they will be worth much more.

In order to understand it all one will need to devote a good amount of time to read everything available. No way could I include it all here.

You also asked about getting your shares back? I asked that question and the answer is yes. All shares deposited along with all assets from PNMS are held at HSBC bank in Panama City Panama.

I'm not trying to get anyone to buy this stock. That is totally up to the individual. The information is out there. I do own a position in this stock. I have flipped it a few times since it was .0007. That's why I do know the story. I haven't order Certs but that because of personal issues, I just want to be up front as to where I'm comming from. I'm a little fish don't own a ton of shares like others but I do like doing DD and learning from stock so that someday I can become not just a big fish but a whale. I do think that a lot of people are pulling certs which will make the shares on the US market dwindle. The less shares available the better potential for a rise in PPS.

Hopefully this will be a little helpful
post #1332 of 1620
6/28/07 at 4:27am
There is barely a shred of DD on this board. No wonder so many of you think the stock is going nowhere.
post #1333 of 1620
6/28/07 at 4:28am
Blooey,

Yeah, IMO, some people are relying too heavily on the company's word. It's always risky to to swallow everything with question a penny company says.

This one has a complete lack of success in the past. The company needs to visibly demonstrate they can be successful now. Just their word shouldn't yet be sufficient. It sure ain't with me!

Of course, with every new penny stock that pops-up on the radar, there are folks attracted to it who believe the company can do no wrong. A few memorable ones are CMKX, QBID, CSHD, CLBE.... Yeah, I know. This one is different.

A friend of mine a while back got a new girl friend. Several people informed him he had latched onto a hustler who was just after his money. He maintained everybody was wrong, that his girl was different.

One day after a long harangue about the sterling qualities of his new chick where he closed with, "My girl ain't a hustler. She's not like that. She's different," another friend of mine, a crusty old guy that had been around for years and years who could spot a hustler a mile away replied to him, "Don't tell me your girl is different unless she's got three boobs."

Guapo

Quote:
Originally Posted by Blooey View Post
Guapo, there's only one explanation for how they can guarantee you 0.01 when it's trading at a fraction of that.

Let's see here... A guarantee of a higher price in future, a cert recall...

Rufus has moved to Panama!
post #1334 of 1620
6/28/07 at 4:30am
TD2As,

Ok, give us some DD if you have any. Please don't repeat information coming solely from the company though, OK?

Thanks!

Guapo

Quote:
Originally Posted by TD2As View Post
There is barely a shred of DD on this board. No wonder so many of you think the stock is going nowhere.
post #1335 of 1620
6/28/07 at 4:39am
To All,

Common sense should tell everyone that if this company has $850 million dollars in assets - over three-quarters of a billion dollars?????? - the PPS would be in the twenty-dollar range or perhaps much higher.

If the company only had the $19 million in cash as they claim and no other assets, the PPS would be in the dollar range at least.

You people who believe the company truly has such large assets are deluding yourselves, or maybe just pumping.

Obviously some of you believe these numbers. The market doesn't though because the PPS is sitting at about .0030 today.

Common sense folks, common sense and logic.... Never let them leave you.

Guapo

Quote:
Originally Posted by MegaStocks View Post
Man,
$850 Million in Assets and new PR's hinting at financial report #'s for the Quarter coming out! EPS will be even bigger this time!

Like I said,
Last day to get cheapie shares!
post #1336 of 1620
6/28/07 at 4:59am
For a week now we have been talking about the PPS and the PDR exchange, the assets the company says it has, plus additional assets claimed by a few other folks, numbers so large they would scare Bill Gates. However not one person has mentioned what this company does for a living.

What does this company do to generate profits?

WHAT BUSINESS IS THIS COMPANY IN?

Do they make any products or provide any services?

Please don't give some general statement like, "They are in the business of investing in Latin and South American companies." Anybody can start a penny company and say that.

From the size of the O/S, 10 billion before and 5.6 billion now, the company was previously in the business of selling stock. That's obvious.

Note also the only source for the reduction of the O/S from 10 billion to 5.6 billion comes from the company. I have doubts about a 44% reduction in the O/S too.

Guapo
post #1337 of 1620
6/28/07 at 5:07am
Your kidding, right? It's the pink sheets. If logic applied, no one would be trading at all in a market forum that requires absolutely no disclosure.

Quote:
Originally Posted by Guapo View Post
To All,

Common sense should tell everyone that if this company has $850 million dollars in assets - over three-quarters of a billion dollars?????? - the PPS would be in the twenty-dollar range or perhaps much higher.

If the company only had the $19 million in cash as they claim and no other assets, the PPS would be in the dollar range at least.

You people who believe the company truly has such large assets are deluding yourselves, or maybe just pumping.

Obviously some of you believe these numbers. The market doesn't though because the PPS is sitting at about .0030 today.

Common sense folks, common sense and logic.... Never let them leave you.

Guapo
post #1338 of 1620
6/28/07 at 5:12am
There's a couple of hours worth of reading in the ibox of the PNMS board on IHUB - that's before you get to any PRs by the company.

Of course, if you want to fly blind with your opinions that's just fine by those of us happy to buy up as much of the float as we can.

Quote:
Originally Posted by Guapo View Post
TD2As,

Ok, give us some DD if you have any. Please don't repeat information coming solely from the company though, OK?

Thanks!

Guapo
post #1339 of 1620
6/28/07 at 7:02am
We do not have confirmation of whether the company is "real" or not yet, beyond shadow of doubt. Towards that end, some investors have converted shares to PDRs and sold them for a big mark-up on paper. We'll know soon enough, I'd say in a week or two, if they were able to take that paper money and move it to a real bank account... or not.

I would hope people would agree, once several people have pulled money out of the PDR trading system for a profit or the rug gets pulled out from under us, there will be no more questioning the validity of their operations at large. Two weeks or sooner, IMO - the debate should be over, DD aside.
post #1340 of 1620
6/28/07 at 3:17pm
Well I don't post often, but have been in this one since Sept. I think regardless of the extensive DD that is done, all posts are peoples opinions. I'm riding it out, and we WILL see eventually what this company is made of. GOOD or BAD.
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