Post by
techaser on Apr 12, 2021 7:54pm
PBX- Reason for drop
There are 18 million shares at .29 and 18 million warrents at .49 that become free trading next week. The financing closed Jan 22. Stock could go to .40-.50 short term, or maybe today was the bottom , but with volume of 3 million a day these shares should get absorbed quickly.
This company is just rolling out their platform, the reason most are invested here is because their technology is far superior to all other on line car platforms. The fact is that people are using their technology over competitors for a reason, just wait until this is rolled out all over USA, Canada and the rest of the world. Revenues (not all to PBX) are coming in exponentially and PBX will garnish a small percentage of the revenues. Same model on another stock I own BBTV, sales were 150 million but BBTV only gets 8% or 12 million in revenue. We have no idea what this actual percentage is for PBX but hopefully sales grow to billions a year and even a small percentage will lead to huge profits as overhead is minimal.
No one is happy watching this in free fall, this is either a great buy and you buy more or you pack it in and move on.
Comment by
WakeUPP on Apr 12, 2021 8:03pm
LOL!!!!!!! HE IS WAIING FOR "BILLIONS" IN REVENUE YOU CANT MAKE THIS TYPE OF THING UP ROFLMAO WHAT A MAROON! AND NOTHING WRONG WTH THEM RELEASING "TOTAL SALES, amd "THEIR MARGIN\" BUT LEAVING OUT THIER TAKE ALTOGETHER EH KEEP WAITING FOR *BILLIONS* LLLLLLLLLLLLLLLLLLOOOOOOOOOOOOOOOL!!!!!!!!!!!!
Comment by
teddyo on Apr 13, 2021 12:30pm
First give away is your ALL CAPS response!!! At the rate PBX is expanding already I don't see $50 mil a month too far away. A billion dollar annual gross is not as LLLOOOLLLL as you think. Stop thinking like the mouse you are!!!!!
Comment by
TraderJo2 on Apr 14, 2021 1:33pm
Next week? No, not till end of May. Why sell? This company is just about to rock.