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Day Traders on PGOG?
Playing around with stock PGOG
Date: 1/28/2009 3:56:03 PM ( 15 y ) ... viewed 1644 times
January 28, 09
1:47 PM
I just watched something fascinating
I recently invested in PGOG Holdings.
PGOG is the Symbol for this stock on the internet.
This is called a penny stock.
PGOG represents a company I know.
It is Perf Go Green, the makers of a number of products,
including Biodegradable Trash Bags.
I bought this stock December 26 for $.33 cents a share.
I bought 4500 shares. The stock has gone up to 56 cents.
I would have thought it would jump after the PERF GO GREEN EXPO in Los Angeles
January 23, 24, 25. I was surprized to see the stock stay at $.50 a share Monday
January 26.
Today I looked at the stock a couple times on my Iphone.
I can also see the stock here:
http://finance.yahoo.com/q?s=PGOG.ob
At one point the stock was at $.40 a share.
Then about a hour or so later it was at $.49 cents.
For every one cent it goes up, I can either gain or lose $45.00 at the level
of my investment.
I had a few shivers of anxiety when I saw it at 40 cents a share, but then when
it went back up to 49 cents a share in an hour or so, I started to look at this
more closely.
If I had bought $500.00 worth of stock at 1 PM as an example, for 40 cents a share.
I would have had xxx shares.
Let's see...I better call Rebecca..how do I figure this out????
If it was 50 cents a share, then $500.00 divided by .50 =1000 shares.
$500 divided by .40 cents a share = 1250 shares.
Then, at 3 PM, when it went up to 49 cents a share, I would have made 9 cents on each share.
If 40 cents goes up to 49 cents, then I make 9 cents a share.
,09 x 1250= $112.50 profit.
This is very interesting.
What is going on here????
I tooked up Day Trading on Wikipedia:
http://en.wikipedia.org/wiki/Day_trader
Day Traders are people who make a living watching stocks closely
buying and selling.
I joined Charles Scwab recently.
I have learned how to buy and sell online.
I also see that once this stock was valued at $3.00 a share.
I imagine someone pulled out a lo of money when the stock market
fell. i do not know for sure.
I do believe this is a company that is going up.
I went up to the Perf Go Green Expo Los Angeles to get to know more of the people in the company.
I like what I saw.
There are a lot of great people working
for Perf Go Green.
This is a winning team.
I am in process of writing blogs now on that Expo for the next two days.
Another concern that will effect the going up of the stock,
is the question in the mind of many,
"Does this technology really work??????"
Plastic bags and other plastic waste
lasts about 800 years.
The Perf Go Green literature says
Why our plastic products are so different.
Thanks to our innovative green technology, PERF GO GREEN products
are the first biodegradable disposable plastic to gain mass distribution across
America. So now it's easier than ever to GO GREEN and make a difference.
Our proprietory, natural eco-process starts by using post consumer
recycled plastics which reduces plastic waste in the environment.
We utilize eco-friendly application methods with proprietory plastic
additives that are ASTM D6954 compliant and FDA food contact compliant.
Our Go Green technology leaves 0 harmful toxins behind.-21.0.
And if that wasn't enough, even our box is made of 100% recycled paperboard.
We like to thing somewhere nature is smiling.
Helping our planet,
one bag at a time. (TM)
8:53 PM
Up from a nap.
I got a call back from Tony Tracy, CEO of Perf Go Green.
Linda Daniel, marketing director was also in on the call.
I asked a few question.
I asked Tony more about the source of the product.
It is coming from Indonesia.
In the plants there, Perf is buying up plastic waste and turning it into
this product. The product is turned into pellets.
The pellets are then delivered to other plants and turned into
the product using the Perf Go Green new technology.
The vision is to ultimately set up centers in different parts of the world,
where people can bring in bags to be turned into the new Perf Go Green bags.
I asked Tony about the end result of the decompostion process.
Tony told me that the end result is a biomass of dust-like product that
then is eaten by microorganisms. There is nothing left in this innovative process.
The process does not leave anything behind. It does not leave anything harmful behind.
i asked about the name of the Foundation: 21.0.
Linda told me that there was a typo, but it is O.K. for now.
The correct word is 2.1.0. The "2" stands for two years.
the 1 stands for One Product. the "0" represents Zero harmful anything
left behind.
I told Tony that I planned to cut up a bag into little pieces and do some
of my own testing. I told him that in a few years, I plan to show up at the
Perf Go Green Expo with a plant growing in the soil medium that has
grown out of the decomposed mixture. That will be the ultimate test for me.
Tony told me that he has done a similar test.
He said he buried a bag with leaves inside.
He said that in uncovered it after a year.
The bag was gone.
Tony told me that the product has been tested by the FDA,
the Food and Drug Administration.
Even the Trash Bags are Food Compliant!
That means even the Trash Bags are non-toxic.
I have used the keywords:
TOTALLY DEGRADABLE PLASTIC ADDITIVES.
Here is one finding:
http://www.thorn.ie/earth2earth.htm#whatis
Total degradation is a two stage process that happens
as a result of exposure to heat, UV light, or mechanical stress,
or the combination thereof. Firstly the plastic is converted
by reaction with oxygen to molecular fragments that are water wettable,
and secondly, these smaller oxidized molecules degrade by bio-degradation.
The microbial growth on the molecular fragments leads to the formation
of Carbon Dioxide, Water, and biomass. There is no harmful residue left over.
___
My research intdicates that there is technology out there already in
use that does work. There are companies in Europe
doing a similar process of degrading plastics into natural substances.
There were a lot of people very enthusiastic about the product.
I saw that at the Perf Go Green Expo Los Angeles.
Perf Go Green was the main title sponsor of that event
January 23, 24, 25.
I was very impressed by the team players that Tony Tracy
had gathered. Is is pulling together extraordinary people,
highly creative people.
Lots more to explore, but things look good.
I just received a check for $400.00.
I want to have that ready to invest if I see this stock go down to 40 cents again tomorrow.
RELATED LINKS:
This is where I go to check out how much money I made
in a day through my purchase of Perf Go Green stock PGOG:
http://finance.yahoo.com/q?s=PGOG.ob
Sanda Calculations made in December for me:
at 28¢ at $10.00
100 shares $28 $1,000
200 shares $56 $2,000
2000 shares $560 $20,000
4000 shares $1,120 $40,000
5000 shares $1,400 $50,000
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