{"id":3122,"date":"2013-11-07T14:15:20","date_gmt":"2013-11-07T14:15:20","guid":{"rendered":"\/?p=3122"},"modified":"2013-11-07T14:16:25","modified_gmt":"2013-11-07T14:16:25","slug":"pan-global-corp-otcmktspglo-dives-deeper","status":"publish","type":"post","link":"\/articles\/pan-global-corp-otcmktspglo-dives-deeper\/","title":{"rendered":"Pan Global Corp. (OTCMKTS:PGLO) Dives Deeper"},"content":{"rendered":"

\"91PGLO_chart.png\"Yesterday was probably a very bad day for anyone who believed Mike Statler when he said Pan Global Corp. (OTCMKTS:PGLO<\/a>) was going to be a “Major Bounce Play.” <\/p>\n

PGLO<\/a> didn’t bounce even a little bit. It started the session down and in the end PGLO<\/a> closed down another 48.95% at $0.292 per share on 6.8 million shares.<\/p>\n

At this price, anyone who has bought PGLO<\/a> stock since it started trading actively on Oct. 21 and still hasn’t sold it, is looking at losses.<\/p>\n

So far the company hasn’t made any comment on the massacre that the last two sessions turned out to be.<\/p>\n

The aforementioned Mike Statler is supposed to be the co-editor of Stock Tips, the pumper newsletter hired to tout PGLO<\/a>. We don’t have data of any previous pump jobs by Stock Tips, and seeing how this one fared, it’s questionable if they will want to have another go.<\/p>\n

We will keep an eye on PGLO<\/a> in the coming days. Although any dramatic change in the situation is unlikely, it will be interesting to see whether the SEC will take some action, and whether the company’s small-hydro project will go anywhere.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday was probably a very bad day for anyone who believed Mike Statler when he said Pan Global Corp. (OTCMKTS:PGLO) was going to be a “Major Bounce Play.” PGLO didn’t bounce even a little...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1074],"class_list":["post-3122","post","type-post","status-publish","format-standard","hentry","category-news","tag-pglo"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3122"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3122\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}