Respectfully, there’s no dilution on PSRU. There a few 100 mil being sent back and forth, that’s it. There are very large holders of PSRU who own most of the float I’m guessing. Some are trying to double up at .0002 but most are holding for much higher.
$PSRU Expecting update on close of sale of basketball assets this week (per update on X Sep 6). .0002s started Friday with 108M bid not filling in 1.5 hours. CEO expects $200M market cap = .0156 on current O/S even before planned buyback. Overview investorshangout.com/post/vi…
This chart is from the 27th of last month.
Can see weekly horizontal resistance at 0.014.
Of course first wall at .0004 must fall.
x.com/edwardsibl91034/status… Easy buy at .0001 but many are going to be left without a ticket.
I'm not a basher, just a full time OTC trader since 1998.
$PSRU has been one of the worst "stocks" for years now.
Same BS, different year.
I hate to see new traders listen to this type of tweet on a .0001 garbage stock and get trapped in a 100% loss!!
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They need a new hitting coach cause what ever he's teaching them? About the timing or whatever? Yeah it's off. For the whole offense to be struggling this badly then yeah bring someone else in to fix this line up
Have you seen their tweets? Very unprofessionally run and their share price target goal doesn't align with the company's endless dilution. Hard to trust unless they start backing it up