The Sept 9 Trading MassacreOn 09/09, PVG was down huge (9% on 3x normal) on heavy volume and no news. This date was solidly in the last 3rd of Q3. Inexplicably, 45 days later, PVG took a huge nosedive and our CEO finally admitted that he was not going to make guidance for the quarter or for the year.
Is there anyone who can explain this odd coincidence? I actually filed an SEC complaint but apparently not one f@#$%^& person here or anywhere else cares. Yet, you ding a lings post daily about "evil shorters."
The only evil in this company is running it and I will say this. On Monday Sept 9 whoever it was that was selling massive amounts of PVG had inside knowledge. No one else would be selling in the face of Joe O's guidance and a rising gold price. All that remains to be seen is where that information came from. Unfortunately, I hold that long haired shyster responsible.
And I will die an old man waiting for the SEC to do anything. My tax dollars hard at work.