There's still a huge short interest in this stock. Until we see that go down, downward manipulation will continue. W have to hope that the news will overwhelm any expectation that the pps will fall significantly.
They are not going to report a cure for cancer, so you should probably sell and move along.
First, many of us are still under water at $1.50. Second, do you think they scheduled a conference call to report bad news?
that the insiders and the board members who engineered this reverse split are taking it on the chin along with the retail stockholders. What were they thinking? That they could run the company better after a reverse split? That a reverse split would make the stock price go up? The next news will be the filing of lawsuits for abuse of fiduciary responsibilities, and we'll see the stock price go down even further. I'm just disgusted.
I'd rather fire Anton Geuth, which I have the power to help accomplish. Let's concentrate on things we can do. Get new people on the board, and they can fire Rick G.
You have a way to act. Vote to remove Anton Geuth from the board of directors this summer. Join your shares to the 70 million already pledged to do this.
Been in this stock far longer than you. Get with the program; stop calling names and get on board with the retail investors revolt. Or are you happy with 88 cents per share?
Here's another case of someone replying who didn't read the post. Did I say anything about insiders dumping stock? Anything?
Actually, I don't see the word "Platinum" in this post or any of my other posts. You confusing me with someone else?
like a sieve, I believe the sales report when it comes out will fall short, perhaps way short, of expectations. I believe this because on March 4, when insiders probably knew what Q4 sales were, the stock sent down 7 cents - nearly 10 percent - in one day and has shown no strength since then. Naturally, I can't prove this, but similar price jumps or dives almost always precede the public announcements from this firm. It's just another reason to dump the two board members up for election this summer. They're probably not the leakers, but it's their management team.
the last gasp of a dying company. The stock of a well-managed company with a good product would normally increase in value. Artificially increasing the price to avoid delisting in a parlor trick, and actually increases the downside risk. I think I'm writing this one off.