Update: PCAI – Volume and Interest Picking back up….

Posted by admin On October - 25 - 2009

Hello everyone. Over the last couple weeks PCAI had a nice pop and the sizzle slowed down.  From the look on the chart whoever grabbed some .01s possible made gains over 100% and now the PPS has settled back down on light selling.  That is the best part of this play, the float is tight and seems to be held strong.  Most pinkies see major selling after a nice run like PCAI saw, but check the charts and the ‘tape’ and you will see the price walk down was on minimal volume.

According to the chart PCAI bounced off its key areas of support (.01 range) .  There just doesnt seem to be sellers under 01 so this range is a safe buy for someone who might have grabbed some while it was running up.

PCAI filed its financials, updated pinksheets and has press released the possible aquisition of 8 branded and unbranded conveienant store/gasoline stations.  With these aquisitions could add up to 2.5M in revenue per year.

LOW FLOAT SHARE STRUCTURE:

Outstanding Shares: 57,489,111

Authorized Shares: 500,000,000

Float (Per Pinkshets.com): 7,289,648

Annotated Chart:

http://stockcharts.com/c-sc/sc?s=PCAI&p=D&yr=0&mn=2&dy=0&i=p85213249202&a=168949860&r=3154

Facebook Group:

http://www.facebook.com/inbox/?ref=mb#/group.php?gid=144632264363&ref=mf

Ihub Board:

http://investorshub.advfn.com/boards/board.aspx?board_id=7319

Projected Revenues

Update: PCAI Closed up 54% on great volume!

Posted by admin On October - 8 - 2009

Hello fellow PurelyPennyStocks readers, hope some of you took advantage of the email alert this morning, as PCAI was the focus of the email alert.  Today the stock closed up 54% with 3.1M in volume. The volume poured in today as the bulls took over.

Yesterday’s gap closing set up today’s chart for the push, and even better was the holding of the nice gains. As the weaker hands get out and the bulls who realize how tight this float is starts to take over the PPS Should reflect what PCAI is really worth.

Also, PCAI filed its Quarterly and Disclosure Statements. This means the stop sign on pinksheets.com will be upgraded!

PCAI is also expecting to update its shareholders soon! I wouldnt want to be without shares! Hold on for the ride bulls!!

Link to Video Chart on PCAI

http://investorshub.advfn.com/boards/playvideo.aspx?v_id=690

Pinksheet Filings (RECENTLY UPDATED TODAY! OCT 08!)

http://pinksheets.com/pink/quote/quote.jsp?symbol=pcai#getFilings

-Quarterly Report

-Initial Company Information and Disclosure Statement

Congrats to all PCAI shareholders who ended the day today with a PCAI that was up 18%, up from 13% yesterday.  The alert around .011 is now creeping up on 100% and is expected to blow past 100% gains in due time.  When the company updates everyone on events (as they have done in the past) and we get some new updated information from PCAI the ask will get hit as more will see how undervalued this really is.

The bid looked strong today and ended the day at .0179 x .0181 with 229K volume.  The volume is creeping up, but the best part for us is, so is the price per share. This is a sign that the float indeed really is tight and moves up on only 229K of volume. The buying going on is accumalation imo and these people know they are holding an undervalued stock.

As always lock profit, but pcai will be a beast when she gets on her running shoes. 1.7M in volume shot this to. 09, but it dropped as well obviosly. But here we are stairstepping north, not a huge pop. This accumalation will mean shares are exchanging hands, meaning someone is paying more for the shares then the previous owners and in theory the sellofs at higher pps are less.

Happy Trading!

Update: PCAI – Update, looks like attention is brewing…

Posted by admin On October - 5 - 2009

Hello fellow Purely Penny Stock readers, if anyone was following today’s action, PCAI had over 200K in volume.  Now this doesnt equate to much money, but its picking up. The saying “you cant make money buying what is popular” is coming into effect here. All readers who took the advantage of the low ,01 and mid .01s.  This closed even on 200K volume, but what the chart doesnt show is the End of day Level 2. The last sale of 25K took out .016 and .02 showed up on the ask.

I am expecting a .02 open tommarow.  If they Gap the PPS, i expect more attention to come in and some sideways trading unless more eyes really pick up and realize how easy this is going to move.  Take advantage of this PPS and always lock profit!

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