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@StockForensics Yep... and it likely will.. this is huge
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@bedrag its fantastic news, long term. Near term revenues take a hit as a result and no doubt traders will sell on that part of the news. Great buying opp for anyone who knows about the business though!
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@Jelliott Looking at some of the other revenues from smaller banks in China. Seems they start at about 11million usd and up. I think these only operate in singular provinces though. Probably like a credit union
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@stoctopus I'm going to be real disappointed I don't have more available funds to put into PKK as it continues to get hammered downwards. I'm sure Q4 will help the negative pressure as short term this may not be a homerun now with the change to the financing structure of the platform. Long term it'll be much better with the changes.
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@Jelliott I have the same feelings, longer hold but well worth the wit to get in at these prices
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@Tito LVL2 anyone?
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@bedrag yep, near term weakness but probably good to clear out the daytraders and let long term investors take the shares
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@StockForensics Load up for easy 30%+ profits
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@StockForensics Can never clear out the day traders...
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@StockForensics Rbc and Scotia unloading
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@StockForensics Definitely manipulation... wonder if they will push this lower?
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@Jelliott Good post about what's probably happening
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@bedrag $PKK Positive close tomorrow and the double bottom at 10.5c will be looking very good!
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@StockForensics My guess is uptrend next week to .16 or so
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@campbjam Looks like a bit of delayed gratification? But overall good news right?
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@StockForensics Yes...
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@StockForensics "We couldn't be more excited about the prospect of owning our very own financial institution", commented Johnson Joseph, President and CEO of Peak. "From the discussions that I've had with some investors since the release of our revised executive summary presentation, it would unfortunately appear that many of them are so focussed on our lower revised target revenues for AST that they fail to realize that the financial impact that ASFC is expected to have on the Company will more than offset AST's reduced revenue targets. Hopefully, that will be clear once we publish our revenue targets for ASFC in a few weeks" concluded Mr. Joseph.
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@campbjam Hopefully they don't get too impatient and start pulling out....
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@bedrag if there is any further pullback next week, i'm confident that investors will be buying the dip. I know i'm trying to raise cash from elsewhere to buy more $PKK. Now that AUDITED financials are released, it takes away another argument from the bears. Looking forward to the next year.
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@StockForensics Looks like we hit bottom
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@campbjam Let's hope!!
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@StockForensics Just another opportunity to load up... I want 500K shares eventually
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@bedrag decent day. Not a lot of selling and the buy side is beginning to firm up. Looking for another green day tomorrow to get this new uptrend really on the go.
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Koinkidink This company has serious numbers for us in the near futur..ill take these cheapies anytime of the day! Its gonna go up 1.5 cents tomorrow!!
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@StockForensics Close positive today!
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@bedrag i think it should be a strong day today for $PKK
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@Buyhigh420 What is up with this ticker?
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@StockForensics My guess is warrants
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@StockForensics Gotta let it pull through...
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@StockForensics Monthly April report
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@bedrag supposed to be someone that got shares years ago for a software product that the company no longer uses, he is likely the one selling thru questrade. Unfortunately, no idea how many shares he still has to offload. He has already sold a couple million this week.
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@Buyhigh420 Good trader. Got lucky and sold at .135. Got my entire position back at .11 today. Hopefully questie is almost out of shares.
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@bedrag QT and RBC doing the selling today. Most of RBC shares have been gobbled up now, this could even close green today with a bit of luck. On the biggest down day in 6 months on the Venture Exchange, nice to see there are ready buyers for a small cap like PKK :)
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@StockForensics Conference call in 1 hour
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@StockForensics Sucessful conference call... ASFC up by end of June... wow that's fast... details on its revenue out by end of may/early june. Not many companies have their own financial institution :)
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@bedrag yeah, thought the conf call was excellent. Pity the market in general is weak today or we may have seen more of a bounce
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@StockForensics Yea that's alright... waiting to come into some more money to add... bug gonna add to fgd first. Dirt cheap
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@bedrag fgd has really been on a downtrend for a while now. i've yet to dip a toe into that one but kind of like it too. Just hard to see where the bottom will be there.
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@StockForensics The bottom is near on fgd... can only stay down for so long with Q1 next month...
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@StockForensics Don't think people realise that there's been more buying then selling even with all this downward pressure on pkk.... even when the stock is being sold down the accumulation continues.
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@Jelliott It's crazy the potential of this company. It's going to be a longer term hold but I think they pay off will be huge
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@bedrag its all about sentiment. This goes from super bullish to ultra bearish within about a day or two! When this pulls back a couple cents, the bids seem to dry up and a ton of large sell orders suddenly appear on the Ask - and many people go into panic mode. Then it reverses and all the Asks start to disappear and large bids come in. Been happening for a while now and probably will continue to do so until we get more actual revenue flowing. Lots of news to come in the near future and should hear something of the fintech plan and future revenue/profit targets within the next 2 to 3 weeks.
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@StockForensics We will start to see Peak's vision for ASFC real soon... that's hat the ceo stated :)
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