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PACIFICNET INC Message Board

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  • Vegas_GrandPa Vegas_GrandPa Mar 12, 2008 4:00 PM Flag

    Anyone Contact Jacob?

    Jeff, no, Jacob has not responded to my email.

    I really didn't expect he would. He normally likes softball questions or questions that he can throw back to you.

    It's another example of poor management. Mgt should have put out a statement commenting about the unusual trading. Reaffirming their sales, etc. Something positive.

    Instead they PRed that they thought they were in compliance. Since the street doesn't trust them, this was not enough. Another barf type statement.

    Same old, Same old stuff.

    We should have expected this when papa Tong (Sino) was insider buying those piddling number of shares. Trying to prop up to pps.

    You reallly didn't think PACT would close green today, now did you!

    VG

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    • Thanks for the response... It looks like there were 2 large buys today both at $1.70. One this morning for 25,600 and one this afternoon for 21,500. I wonder if that is a floor insiders are trying to establish... It is my assumption that insiders purchased both those large blocks, but we will find out over the next two days.

    • Wanted the bleeding to stop, now can see them posting something positive. They stopped the hemorrhaging-today anyway-and I think this was an overdone downturn (priced to fail) and as you say, VG, no trust yet. I feel it will come!

      I look to buy more.

    • "Jeff, no, Jacob has not responded to my email.

      I really didn't expect he would. He normally likes softball questions or questions that he can throw back to you."

      In an unrelated note....Pacificnet is advertising for an Investor Relations Director and a Public Relations Director. These jobs are based in China, so maybe Jakob's job is safe...or maybe we will have to dial 011 to talk to IR pretty soon.

 
PACT
7.240.00(0.00%)Mar 27 4:00 PMEDT

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