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The Pulse Beverage Corporation Message Board

  • baldingcontrarian baldingcontrarian Nov 29, 2013 1:25 PM Flag

    down 11 of last 12 weeks

    I expect more as tax selling will crush buyers. Indices are up 11 of last 12 weeks, or thereabouts.
    I love the justifications and excuses to why people think this valuation will hold.
    There is a lot more pain to come.
    I expect high 20's when the dilution gets factored in.

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    • Is this why you've been buying? You're not fooling me! Why would anyone waste their time coming on this board bashing the company just to help "educate" shareholders about what a terrible mistake they've made? I also suspect he was quietly selling throughout the summer while bashing all the way down. Because of low average daily trading volumes it doesn't take much to drop a low-priced stock when buyers are in short supply.

      Major holders took profits & left a long time ago. They slowly legged their way out 500 - 1,000 shares at a time over the summer to keep price from dropping like a rock, it was a slow steady decline. Yes, the stock dropped 39% from mid-July to mid_November but it took four months to unfold -- hardly panic selling.

      Before Q3 10-Q was released PLSB had been forming a base in the $0.67 - $0.74 area for about a month -- that's about what I'd consider the closest thing to fair-value based on current sales.

0.525-0.095(-15.32%)Apr 15 4:00 PMEDT

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