I hold no position in PDEX and know nothing about it. I just wanted to explain the odd trading you may be seeing today.
PDEX was put out this morning in one of those paid stock alert newsletters.
Here is the message: “PDEX (Pro-Dex Inc.) is our Friday Pick! Buy Point: Under $0.91 (previous close $0.69) Sell Point: $1.04 - $1.10.”
Here are a couple more examples so you can do your own DD: Jan 13 - CBTE Jan 11 - CRMH Jan 8 - LEI Jan 6 - ASB Jan 4 - RGCI Dec 30 - PINN Dec 28 - BNX Dec 23 - SCLD Dec 21 – VTRO Dec 18 – BOSC Dec 16 – MTLK
My motivation for passing this on is to hopefully prevent anyone from making assumptions or mistakes based off the volume generated from a newsletter.
I don’t give the name of the newsletter, because that would give the impression of me advertising it.
There very well be other factors adding to today’s change, but I believe the newsletter is the overall driving factor.
YOU LIE ! Joined PSP and was HUGELY disappointed in his picks. NONE met the exit criteria he gave and NONE come close to the returns he touts......HOWEVER..... You can make %20+ on almost every one of his "buy" suggestions by shorting the stock instead. The pattern is almost the same each time. PSP sends out a pick on mon, wed and fri just before market open. His followers jump in at the open and push the price up by 15% or so. They normally start dumping within 60 minutes. In most cases....the stock falls below the prior day close.
You won't get a refund from PSP....but I am making more money by using his follower's momentum to short stocks instead.
Its a flippen scam letter the stock runs before you can get in then drops like a rock after never hits the so called sell point psp is a scam it only benefits John Conley himself and a few others dont get stuck holding the bag.Its a fllpen scam dont be sucked in