$PGCX: The Dean Thinks 3 is the Magic Number
November 30th, 2009 at 11:00 am Posted by
This morning, $PGCX has climbed as high as $0.95 for a potential profit of 51% for The Dean’s Honors Class who learned about $PGCX when it was trading at $0.63. The Dean has taught the CollegeStock Community a number of times that “getting in” early is the best way to reap penny stock profits AND $PGCX is no exception to that pennystocking rule.
The Dean has high hopes for $PGCX because the company has announced significant developments in their product line.
$PGCX‘s 3 main products—Calci-Clear, Lipideme, and Omeganol—are being marketed and recommended by healthcare professionals in more than 20 states. In addition, $PGCX is making moves and selling products in 5 countries—the United States, Puerto Rico, Canada, Brazil and Argentina.
The Dean has also learned that $PGCX is marketing its products through HeartHealthyWorld.com, Calgenex.com and ManageCholesterolNaturally.com. $PGCX also has Medivisor on their side for commercialization and marketing of their products, as well as communications services.
The Dean sees BIG potential in $PGCX‘s current efforts to expand clinical trials by establishing multiple testing sites for the company’s Calci-Clear product.
$PGCX President James Mosbaugh has indicated that this product is being recommended by doctors for therapies beyond the product’s initially intended applications.
The Dean believes $PGCX is taking the necessary steps to market this product as a treatment and, as indicated by this press release, the company is collecting data necessary to apply for a New Drug Application (NDA) with the F D A.
Besides the fact that $PGCX has various patents for their products, The Dean thinks those 3 red letters are plenty of reason for investors to be excited.
any students with L2 should watch NITE* bid/ask on PGCX for guidance, since they are clearly in charge here. as long as NITE can close the bid price each day higher than the previous day, PGCX should trade higher. *Knight Capital Group
This is quite a while to wait for a penny stock to rise in value, especially if you got out when it lost it’s first $.23!
other people lost even more following Dean into PGCX 11/13, and Dean apologized for that ill fated guidance on 11/22 – something you rarely see from any promoter.
I must thank Dean for hand holding me through that first horrible week by assuring me by email that anyone selling were all losing money, since the stock had only been openly traded a week.
Watching PGCX down under .40 I realized it was oversold and could not last down there for long. I would have been happy just getting out in the .60′s to break even, so seeing this stock taking a run at new 52 week highs this coming week is a pleasant surprise.
So at this point, I’ll just put in a stop limit order in modestly higher than my average buy in price, and hope for the best. I just hope a friend who panicked and sold at .43 doesn’t notice this run
since I consider under .40 oversold,
I picked up some new shares today
down at 36¢ and hopefully when this
gets back into it’s median 50-70¢
range, I can take some profit with
out the help of promoters