MAGA_PATRIOT
3 hours ago
I would agree with late July/August, but all depends on what news they release and when. I have no doubt that PWDY is working hard behind the scenes. My point was just that a lot these OTC IR folks tend to build things up more than they should.
That said, I think today will present yet another buying opportunity, as I believe we'll remain under .0046 most of the day, and likely close under it. With the lack of eyes on us and lack of volume right now, the spreads are too big/volatile. We've seen the same pattern lately, where our HOD is basically prior close and generally right at the open, but then once we're bidwhacked with the big spreads, we can't get back to it the remainder of day. All of this should change once they disclose something truly significant & tangible.
Nevertheless, still holding holding for the big one. The accumulation trend since June 2023 is no coincidence. It's leading up to something, and I believe that something will be BIG; just a little further out than we originally thought....
MAGA_PATRIOT
24 hours ago
Based on the news/tweet today vs how Steve/IR built it up yesterday, this pps action today was a given. It doesn't mean that BOOM isn't coming, it's just a little further down the road. As I said yesterday, when TRULY SIGNIFICANT news is going to drop, we'll see a spike in volume and pps 1-3 days prior, as well as an increase to the 4 MM's/Firms on L2.
Also, like I posted a little while ago, often times these OTC IR firms can do more damage than good. They build up/pump up the incoming news as substantially more significant/impactful than it actually is, but I don't blame PWDY for this. I believe they're doing what they should be doing behind the scenes, which will eventually pay off; but when their IR person is posting that we're gonna see news that is more significant than the others, it leads everyone to expect something BIGGER & BETTER than the others, which obviously wasn't the case with today's news. Then when the news drops and it's NOT BIGGER/BETTER than others and/or NOT as significant as what the IR person built it up to be, we end with another day like this. Happens all the time in OTC land, and unfortunately most of the time people blame the company, when it's not their fault.
With that said, IR/Steve posted again today that PWDY is working on "Official News" for this week (snippet pasted below), which once again I believe is intentionally vague and open to many different interpretations.
For example, is PWDY working on actual NEW "Official News" for this week OR are they preparing an 8K with the info from today's tweet?
Both are technically considered "official," but only one of them (NEW Official News or News that contains tangible facts not included in today's tweet) has the potential to bring in volume and drive up the pps. If the "official news" that Steve is referring to is nothing more than an 8K with the info from today's tweet, it will once again result in another down day.
Also, Steve could be posting based on things that he knows, but cannot say publicly yet, which could explain why he described it as "more significant than others." However, if this is the case, I would recommend that he posts and/or promotes it based on what will actually be disclosed to shareholders vs what he knows. This would avoid driving up the hopes and expectations of shareholdes.
Don't misinterpret this as bashing or me blaming PWDY, as I'm not doing either. I'm still long here and I still 100% BELIEVE THIS IS WORTH THE HOLD. Just trying to show that when IR boosts up incoming news to be more than what it truly is, we can expect to see stagnant volume and a decline in pps. But again, it doesn't mean that BOOM isn't coming and/or that PWDY isn't doing their part, because I believe both. BOOM will be coming and PWDY is doing their part. Usually the IR people guilty of doing this type of promoting are doing it for the purpose of dilution and/or toxic debt conversions, NEITHER OF WHICH WE HAVE TO WORRY ABOUT WITH $PWDY.
IMHO IR just needs to be a bit more careful with how they/he informs of incoming news... But, then again that's just my $0.02.... We still have another 2.5+ hours of trading and anything can happen; especially when it moves so easily both ways....
MAGA_PATRIOT
1 day ago
Hopefully by "Official News" he doesn't mean that today's tweet will be put into an 8K then recycled. Hopefully he means that the company's dropping some "additional" (official) news. This is part of the reason I don't like many of these IR firms that deal with OTC stocks. They're often very misleading and/or build up every update/news in advance of it dropping, as though it's going to be something HUGE. For example, Steve's LinkedIn replies from yesterday said that today will be "more significant than others." When I hear something like that, it leads me to believe that it will actually be more significant, and by more significant, I mean it will bring in the volume and sustain a nice increase. Don't get me wrong, I believe that signing an NDA is good news and a nice step in the right direction, I just don't believe it's definitive enough to bring in the volume, and definitely don't agree with Steve's reply that it's "more significant than others." The NDA is good to hear, but I personally don't think we will be able to sustain any of the short term spikes until something more tangible is announced (Hopefully that's the "official news" that Steve is referencing).
One of these morning's I believe we'll check-in to see 8+ MM's on L2 pre-market. That's when we'll know the volume is about to hit. Until then, with such low volume and large spreads (spread seems to remain around 10% or more), it only takes 1 small bid-whack to drop us 10-15% or 1 small buy to move us up 10-15%. Because of this volatility, the next couple of weeks should provide a good entry for anyone who has yet to discover PWDY and/or more opportunities to add super-cheap shares for anyone with the $$ to do so...
And just to clarify for anyone who misinterprets this post as bashing, it's not. Like I've posted several times before, the accumulation since June 2023 tells me the story of what's to come. I'm confident that we'll eventually see some sustained increases, but just not until we gain more eyes on us and/or more volume; and for that to happen, I think it will take some TRULY significant/definitive/tangible news, which I believe is coming, but still several weeks away...
That said, for today, I unfortunately believe we'll be lucky to hold above 0.0046 all day, unless we a substantial increase in volume as the day moves on. However, it's still early, so we'll see what happens....
MAGA_PATRIOT
2 days ago
Hoping we see one of those "surge of volume/rush to buy" closes today, as I'd personally interpret that as "SIGNIFICANT" and/or "TANGIBLE" news coming tomorrow. However, although I like Steve's post and am looking forward to the update, I wish it said:
"Things are in the works and expect an 8K tomorrow"
Instead of
"Things are in the works and expect an update on twitter tomorrow."
That said, I do believe we have a good chance of seeing some fun end of day action. Somebody's still trying for cheap shares right now (or just not the brightest lightbulb bid-whacking at .0042), but we'll see what happens roughly 10-20 minutes prior to closing bell...
MAGA_PATRIOT
2 days ago
Not sure if we'll get significant and/or tangible news, but PWDY tweeted last week to "stay tuned for more exciting updates next week."
That said, in order for us to move up and sustain it, they'll need to drop something tangible that brings in the investors and volume that's required. Right now, we're still flying way under the radar, with only 4 MM's trading PWDY on L2 combined with exceptionally low $$ traded each day. I personally believe we'll eventually see it, I'm just not sure when that will be.
I've only been here a few months (jumped in because of accumulation trend, they're audited, SEC Reporting, no toxic debt, no dilution problem, large insider ownership, in sector that's only going to get better, etc..etc...etc...), but as I mentioned to somebody via PM the other day, I'm hoping they don't become one of these companies that drops fluff PR's just to drop them (a lot of these IR companies love doing that, but we don't need that here. 1 significant & tangible PR is better than 15 fluff PR's). I know they want to get out of pinks and into QB, but they'll need to sustain a pps higher than 0.01 to do that; and for us to get to 0.01 and sustain it, we'll need much, much, much more visibility & volume that we currently have. The only way that changes is with some tangible news, results, etc...
That said, if we see big surge in volume and jump in PPS the second half of today, I'll interpret it as something good is in fact coming and/or close.... As always, time will tell...
MAGA_PATRIOT
5 days ago
LOL... Gotta love the games in OTC... Somebody's trying hard to get cheap shares, but nobody is selling. Was almost an 18% spread and we were just down 25% on less than 2M shares and/or only about $6K traded. Let's see what the end of day brings... Will we stay under 0.0045 or will see a surge of volume end of day?
We need to get some more eyes on this.
- Amazing accumulation trend since June 2023
- Audited SEC Reporting Co with large insider ownership and no toxic debt.
- Semiconductor industry, which is only going to get hotter
- etc...etc...etc...
Yet we've remained basically invisible/under the radar, while people are out there throwing money at p&d trash tickers. I'd really like to see next weeks news be something significant and tangible that brings in the volume needed and at least doubles the number of MM's currently showing on L2 (I always interpret that a sign of volume to come). This stock moves very easily both ways, so if they drop something significant/tangible, it won't take much to drive us up to more 52wk highs.....
Exciting Times ahead, but kind of funny to watch right now!