Seeking Alpha

otcmagic's  Instablog

otcmagic
Send Message
My company:
OTCMAGIC
My blog:
OTCMAGIC
  • $PRTN / Awesome Penny Stocks (APS) Pick Pristine Solutions, Inc So What Is Coming? 5 comments
    Sep 18, 2012 6:15 PM | about stocks: GWBU, PHRX, NSRS

    Awesome Penny Stocks new stock pick PRTN had an especially volatile day today from lows of $0.42 this morning to a high of $0.51 this afternoon before dropping a bit and closing at $0.49 on 11.9M shares traded. The stock got a boost this morning when Pristine Solutions announced that Eaton Scientific Systems, Ltd. PRTN's 100% owned subsidiary has engaged full service intellectual property law firm Cislo & Thomas LLP to advance its Tropine 3 patent application and intellectual property strategy.

    Tropine 3 of course is PRTN's, patent pending novel indication of FDA approved homatropine for non-hormonal treatment of hot flashes in pre-menopausal, peri-menopausal, and post-menopausal women.

    As I have stated many times in previous articles Tropine 3 will never be approved by the FDA and PRTN will be worthless 6-months out just as all previous APS picks are both official and unofficial including SNPK, GWBU, NSRS, VLNX, AWSR, RARS, PGSY and many others.

    What everyone wants to know is will PRTN go on to several dollars per share? as previous successful AwesomePennyStocks picks such as NSRS, SNPK and GWBU?

    APS ability to create these successful long term promotions has always rested primarily on two things; the market maker Wilson & Davis (WDCO) supporting the stock as well as the multi-million dollar hard mailer campaigns.

    Watching PRTN trade over the past few days I am becoming more and more convinced that APS will launch a hard mailer that could catapult this stock to significant gains from current levels. Although these is no proof of that yet many have probably already seen the landing page on Victory Stocks touting PRTN with the headline "Could Amgen and Pfizer be racing soon to make PRTN their next acquisition?

    Conclusion: Currently trading at a market valuation of $180 million; PRTN has no revenues to date and nothing besides AwesomePennyStocks promotion to support anywhere near this valuation. While it's fairly obvious PRTN will trade for less than a dime 6-months from now it certainly could go much higher from current levels in the short term. Trading at $0.49 PRTN is just pennies from its all time highs and has come back strong after any shakedown with strong bid support from WDCO. The stock was up 13% today on significantly increased volume leading me to believe that APS has big plans for PRTN in the coming weeks.

    I will continue to update on PRTN as new events unfold so make sure that you are subscribed to OTCMagic.com so you get the inside scoop.

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To otcmagic's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (5)
Track new comments
  • kurterl1
    , contributor
    Comment (1) | Send Message
     
    Is it over? I still own the stock and thought what you think - should I sell? It's a disaster right now, at .18
    28 Sep 2012, 05:44 PM Reply Like
  • sameday15
    , contributor
    Comment (1) | Send Message
     
    I have found out that if you are not one of the first to get in there is NO reward. Wait till bottom out and then buy. you will keep it for awhile but then if it was good it will come back a lot.

     

    I am buying in at 0.014 cents a share
    5 Oct 2012, 01:50 PM Reply Like
  • piccaso
    , contributor
    Comments (104) | Send Message
     
    If you want to gamble some money, it's no worse risk then playing the slots at this price.
    6 Oct 2012, 05:34 PM Reply Like
  • nansha
    , contributor
    Comment (1) | Send Message
     
    I contacted the office of Dr. Jennifer Bernman and confirmed that she is involved with the preparations for the clinical trials to FDA requirements. Will the expert be involved with the clinical trials of a drug that has no prospects for FDA approval? Obviously Dr. Berman has more knowledge than many of us.

     

    PRTN was pumped and dumped. At $ 0.01, how much lower can it go?
    7 Oct 2012, 01:31 AM Reply Like
  • otcmagic
    , contributor
    Comments (33) | Send Message
     
    Author’s reply » "At $ 0.01, how much lower can it go?"

     

    much lower. how bout $0.0001
    7 Oct 2012, 07:08 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • MDMC and PZOO on watch for this week!
    Jul 29, 2012
  • GTGP hit .60 cents last week. Epci run from sub pennies!
    Jul 29, 2012
More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.