PVEN | Halt Your Horses Before Buying Into Press Ventures

Leading down the penny stock path which only seems to end up one way, halted, the last remaining Awesome Penny Stocks site decided to go for one last cash grab from all the fish today. Issuing an alert on their third consecutive ticker which began with a “P,” Press Ventures, Inc. (PVEN) finally became the pick making the Goode man as happy as a fat kid with a ticket to Willy Wonka’s chocolate factory. Seeing as how PWEI got halted, PCWT got halted, it’s pretty much a no brainer that putting money into PVEN stock is as good as gone, but what do we know.

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PVEN Stock ChartPVEN Stock Quote

Market Cap: 51.66M
Friday Close: 0.164 ▲ +0.023 (+16.31%)
Volume: 4,875,300
Open: 0.146
High: 0.164
Low: 0.146
Authorized: 5 Billion
Issued and Outstanding: 315,000,000
Edward Denkiewicz: 170,000,000
14-Day Rel Strength: 59.38%
1st Resistance Point: 0.17
1st Support Level: 0.152

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Whatever developments, PR, acts of humanitarianism or miracles of God Press Ventures has been up to with their BioSafety Systems Sp. Z o.o., nothing can prevent them from being a mosquito’s hair away from getting added to the SEC halt list now that APS decided to push their luck. Virtually every trader who has made a trade this month has been well aware that PVEN stock was eventually going to get pumped.

The timing couldn’t be worse for anyone buying into PVEN stock today considering the events which have transpired over the last few weeks. APS, the owners and operators www.pennystocks.com, re-issued an alert on PacWest Equities (PWEI) back on September 12th which was originally pumped back on October 9th of last year by their sister affiliates over at Victory Mark.

The party wasn’t very exciting to begin with which made the cops showing up and halting PWEI stock on September 17 sort of a blessing. They wasted no time crying over spilled milk and issued an alert on Pacific Clean Water Technologies, Inc. (PCWT) the next day which saw it’s party get busted on October 11th.

Two swift, back-to-back halts for the group which brought NSRS from under a quarter to almost $2, SNPK from under .40 to nearly $3. Even worse, a very good researcher of penny stocks must have purchased some bullet-proof items at some pint in the last few weeks because he decided that exposing the group which basically made him his bread and butter would be a smart move. Not only did he expose them, but he even provided bank account numbers of some which is an insane thing to do against a group, considered by some to be criminal, which have hundreds of millions of dollars to use.

In any case, PVEN stock is sure to be halted. It might be today, tomorrow or even next week, but since the curtain has been pulled back so extremely and the pressure put on by the SEC to save investors by locking up their money and letting the shares resume trading at a fraction. Do as you please, but PVEN if it goes up 100%, you’re better off video taping yourself playing in traffic and uploading it to YouTube for the advert money.

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About PVEN Stock

Press Ventures, Inc., through their Technology License Agreement with BioSafety Systems Sp. Z o.o., a limited liability company organized under the laws of Poland, is a development stage company which has acquired the rights to an all-natural patented essential oil disinfectant system that combats infection from molds, fungus, and airborne viruses.

Click here to view the SEC filings for PVEN.
Click here to view the website for Biosaftey Systems.

Last 5 Trading Sessions:

Date Open High Low Last Change % Change Volume
10/25/13 0.1460 0.1640 0.1460 0.1640 +0.0230 +16.31% 4,875,300
10/24/13 0.1410 0.1420 0.1400 0.1410 +0.0009 +0.64% 346,800
10/23/13 0.1450 0.1470 0.1400 0.1401 -0.0049 -3.38% 804,400
10/22/13 0.1405 0.1490 0.1390 0.1450 +0.0060 +4.32% 1,239,600
10/21/13 0.1440 0.1450 0.1290 0.1390 -0.0080 -5.44% 1,758,800

 

Bottom Line:

The cross every appendage you have if you’re in this penny stock and pray you can get out before it gets halted. Chances are it won’t get halted, but instead crash to under every support level forcing you to either take your losses or throw more money at them to average down.

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