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PYST

Started by fill_the_gap, July 12, 2005, 11:41:38 AM

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drugtester

Looking for another rise in the pps today. Breaking .0019 resistance will be a good start. It would be great to be in the .002's before the news hits.  ;D

drugtester

Still looking good this AM. Volume will come soon enough. If you can get as many as the mms will let you have under .002. ;D

atalltexan

Quote from: drugtester on July 27, 2005, 12:54:59 PM
Still looking good this AM. Volume will come soon enough. If you can get as many as the mms will let you have under .002. ;D

Not looking that strong.   Still down for the day.


drugtester

texan..I have been watching this close all and it is nothing but mmm.They have been shaking out weak hands for the past two days.  Like I said at the beginning of this week we are going much much higher.  Just sit tight and get ready for some fun.

drugtester

I have a great feeling about today. After yesterday's trading pattern it is very evident to me that the large short position is trying to recover as many shares as they can at the cheapest price.

I bet we have a great day! ;D

atalltexan

Quote from: drugtester on July 28, 2005, 09:41:05 AM
I have a great feeling about today. After yesterday's trading pattern it is very evident to me that the large short position is trying to recover as many shares as they can at the cheapest price.

I bet we have a great day! ;D

Where do you see that ?  I welcome your exuberance about the stock, but don't see many facts to back up your statements.  As another holder of shares, would welcome more specifics (or posted chart references) to your speculative statements.   As it stands, stock has opened down again.

drugtester

texan...For one we continue to be on the reg SHO list so we know that there is a shortage of shares per NASDAQ. The other factor is more of "trust me when I say I know what I am seeing"....lol...in all seriousness from what I have been seeing on level II over the past few days I feel very confident that the makers are doing their best to suppress the price as much as possible. It is so obvious at times...we will have several nice blocks of trades at the ask and then one small trade will go through at the bid and they collapse the pps down which then induces some additional trading at the bid.

Obviously I really do not know for sure that my perceptions are correct, but I have seen this scenario played out several times before right before a big run so I guess we will just have to wait and see. ;D

puenthouse

Drugster, How does the .0011 play into your plan?
Learning from every trade.

atalltexan

Quote from: puenthouse on July 28, 2005, 10:30:34 PM
Drugster, How does the .0011 play into your plan?

I agree.  I am not seeing anything positive in this chart;


drugtester

Well the news I expected to see this week didn't happen. No big deal as I know more is coming, but what it did allow was the makers to cheat as many people as possible out of their shares. If anyone watched level II the past few days it was very obvious what was going on. I know of a few people who got scared today and sold into the total manipulation. Until the company puts out some solid news the shorts will not cover and the weak will continue to fold. I don't blame the makers for doing what they are doing. Yes it is illegal, but they are making an absolute killing and they know no one will do jack chit about it.
The only thing the reg SHO list does is advertise the fact that the makers are doing it.

In this case I am betting that the company will come through and induce their removal on the reg SHO list. .001 was hit and it held firm.

Here is to news next week and a solid climb. ;D

Have a good weekend.

atalltexan

Clearly someone agrees with you, as the volume traded has gone up substantially the last week or two.  Just no follow thru. 

drugtester

PYST...after hours news... Still expecting much more here as this is really nothing new, but a clarification.


http://biz.yahoo.com/pz/050729/82989.html


Press Release Source: PayStar Corporation


PayStar Corporation Issues Clarification On JV Agreement
Friday July 29, 4:31 pm ET


LODI, Calif., July 29, 2005 (PRIMEZONE) -- PayStar Corp (Other OTC:PYST.PK - News) wishes to clarify previously issued press releases relating to the JV Agreement between PayStar and SMO Multimedia, a wholly owned subsidiary of Strategic Management & Opportunity Corp (Other OTC:SMPP.PK - News).



PayStar has determined that the projected forecasted revenues in the previous press releases were derived from information from industry sources which is thought to be reliable but cannot be confirmed. Additionally, actual results from the EZPIX Photo Kiosks deployed by SMO Media prior to the AAFES contract have not been generating $4,000 in monthly photo revenue but were deployed in significantly less desirable locations. The JV Partners recognized from the anecdotal evidence available, that photo sales at the military locations should significantly exceed the revenues attained at pre-AAFES locations.

Additionally, the JV Partners are providing advertising and additional photo processing options in this new rollout. The additional revenue sources are expected to exceed the revenues projected in the July 12th release of $24 million in photo sales. The variation in projected revenues indicated in the two previous press releases is a result of the additional sale of advertising on the unique LCD header attached to all AAFES locations. When this increased Ad revenue is added to the photo and other media specialty sales income, the combined revenues are anticipated to reach up to $35 million in total for all revenue streams.

About PayStar

PayStar Corporation (http://www.paystar.com) provides its distributors and clients with a suite of prepaid, stored value products, Kiosk marketing and management. PayStar's GLOBALCash, Inc. (http://www.globalcash.us) distributes prepaid ATM debit and stored value cards that can be used just like regular credit cards. Prepaid ATM debit cards can be used everywhere major credit cards are accepted (stores, restaurants, theaters) and online. PayStar's corporate and distributor sales, as well as mergers and acquisitions, will continue to drive growth.

Legal Notice Regarding Forward-Looking Statements: 'Forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. Forward-looking statements represent management's best judgment as to what may occur in the future, but are subject to certain risks and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected by management. These statements are only predictions and may differ materially from actual future results or events. PayStar disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.



Contact:

PayStar Corporation
B. Thomas
209-339-0483
[email protected]


--------------------------------------------------------------------------------
Source: PayStar Corporation

drugtester

Well I was glad to see management did put some news out after hours on Friday, but the timing and content were lacking. Hopefully it was done to set up several additional news releases for the coming weeks. The one and only way for the pps to rise will be for the company to continue to demonstrate it will be a profitable entity. Then the shorts will have to cover and the suppression of the stock will cease. ;D

atalltexan

Drugtester, Any more news ?  Looks like it finally has bottomed, and is attracting volume.


atalltexan

Still awaiting the news to move this higher.  Strong volume continues.