PCLO hit my target of .50 cents Yes. Dmajorminer was 100% correct about this stock all the way down from $10 a share. My repeated downside calls and price targets were all hit all the way down to my final target of .50 cent ( when the stock was north of $5 . All my resons proved 100% correct as well despite all the naysayers.
This is my final and last post on this peice of junk. It may take some time , maybe 6-8 more months before the stock finally hits zero as the company declares chapter 11. Shareholders will be left with nothing. The Columbian govt hates PCLO , they never got any new quotas. ( seems KHRN got them all as well as licenses to sell in South America) . I've even heard the the govt has blocked them from doing any banking in Columbia but you can all do your own due dilligence on that peice.
Don't care, no longer have a position in the name. Indexers also still have approx. two million shares to dump on the rebalances in May and June.
Good day