My Broker said that they had pre-maturely announced Penveu and then ran into technology difficulties but now they have figured it out and working on perfection. My broker has recommended the stock numerous times in the past 18 years and each time it has been a home run .We have been buying since the low to mid 2.00 range and waiting.When everybody was goofing on the Penveu He said its a very educated gamble but believes in it .supposedly the orders have been placed and many more to be expected?? Says there is more new things in the works. says the float was tight and to much volume would put the stock out of touch. Ive spoken very often about the stock and says it should be a Home Run.I had asked him On friday and says this is a premature run up and says many customers interested!! in penveu after last year also That when the co.does actually really ramp up the mid teens are not out of the question!!!!!!and he 100% beleives it will happen or it will settle about the 2.00 range again. He has very huge expectation of this co.Me im long with literally more shares than I should be actually I have made a nice profit in this run up .sold several thousand shares today 7500 to be exact at a very nice profit actually got out a little early but greed always the best of people still holding close 18000+ shares and will gamble with those I dont think the Good News has really hit yet and within 6 months it should based on my Friends research and beleive me he has researched this Co not pumping or bragging just Very happy im here Good Luck to ALL
I have to agree this spike is 'premature', and without any supporting facts, we'll likely slide back down to the 'support' level (whatever that may NOW be).
When the school of guppies swim on to the next churn, we'll see volume collapse back under 50K, probably even to 20K, like the normal interest level. And the price at that point will reflect the support level until actual SHIPMENT of Penveu and REVENUE realization.