Pcce now at 30 cents up from .0002!??

vilefridge · 06-15-2006, 06:00 PM

Am I seeing this correctly? I log into etrade today, and see that my PCCE is now worth over $44,000!! what happened?? I don't see any related news!
It says it's worth .30, when it used to be like .0002 - .0005 or so....

I go to check it on Yahoo and it informs me that PCCE.OB is now PCLO.OB and traded all day between 6 and 30 cents.

Did it just shoot up overnight, or is this an error???
I'm new to trading, and I have nooo idea what to do! Should I buy more before it continues to shoot up?

roehrigs01 · 06-15-2006, 06:12 PM

'pcce' is no longer valid. It has changed to PCLO.OB. ?

TheBullPicker · 06-15-2006, 09:50 PM

i cant believe it. i had $270 at .0004, but i sold there. Could I truuly have had 54 thousand dollars! I dont believe it. Does it actually say in your account that u have $40,000?

up2nogd420 · 06-15-2006, 09:55 PM

I found this on the web…

June 14, 2006

Pacel Corporation Celebrates Tenth Reverse Split
Pacel Corporation (OTC: PCCE) is celebrating its tenth reverse split in its history as a public company. Pacel executives have managed to fleece investors by completing reverse splits of company stock ten times in the past seven years, and four in just the past year. The price of the company's initial public offering, with adjustments made for the many stock splits, is about $10 million. Below is a table with the complete history of Pacel stock splits.

PCLO - Pacel Corp. Reverse Split History

Symbol Split Ratio Date
PCCE 1:1000 R/S 06/15/2006
PCCN 1:1000 R/S 01/24/2006
PCCR 1:1000 R/S 10/25/2005
PCLL 1:1000 R/S 06/20/2005
PCOR 1:1000 R/S 02/25/2005
PCCL 1:100 R/S 09/13/2004
PACC 1:100 R/S 02/25/2004
PCEL 1:30 R/S 03/17/2003
PLRP 1:100 R/S 04/07/2002
PLRPD 1:4 R/S 10/07/1999

Way to go Pacel!!!

TheBullPicker · 06-15-2006, 09:58 PM

so basicaly, it has gone from around .0004 to .0002, and i would have actually lost money?

Dublin · 06-15-2006, 11:32 PM

unfortunatily ... for every 1000 shares in pcce = 1 share in pclo
i hate this kind of shares

i guess they are doing so to attract more investors and split it again and again until they disappear.

wishing u good luck

vilefridge · 06-15-2006, 11:51 PM

Hrmm, why would my account say I still have 137,680 shares @ .30 cents market price for a total of $41,000 some odd dollars?

Wouldn't this split change my shares to 137800 / 1000?

See below picture:

bahroor · 06-16-2006, 12:17 AM

HIT THE SELL BUTTON!!! (if volume is available)

but I'm showing it closed at .20 not .30

bahroor · 06-16-2006, 02:29 AM

wait, you bought $68 worth of stock?? Doesn't etrade charge you 10 bucks a trade?

vilefridge · 06-16-2006, 02:35 AM

$19.99 a trade infact :P

06-15-2006, 06:00 PM	#1
vilefridge new member Join Date: Feb 2006 Posts: 8	Pcce now at 30 cents up from .0002!?? Am I seeing this correctly? I log into etrade today, and see that my PCCE is now worth over $44,000!! what happened?? I don't see any related news! It says it's worth .30, when it used to be like .0002 - .0005 or so.... I go to check it on Yahoo and it informs me that PCCE.OB is now PCLO.OB and traded all day between 6 and 30 cents. Did it just shoot up overnight, or is this an error??? I'm new to trading, and I have nooo idea what to do! Should I buy more before it continues to shoot up?

06-15-2006, 06:12 PM	#2
roehrigs01 valued contributor Join Date: Feb 2006 Location: Oahu, Hawaii Posts: 294	Re: Pcce now at 30 cents up from .0002!?? 'pcce' is no longer valid. It has changed to PCLO.OB. ? __________________ I don't care which way the market is headed, just as long as I am on the money train... E-Mini Index Futures Trading Blog http://roehrigs01.blogspot.com/[/size]

06-15-2006, 09:50 PM	#3
TheBullPicker valued contributor sept/06 simulation winner weekly challenge winner Join Date: Feb 2006 Posts: 165	Re: Pcce now at 30 cents up from .0002!?? i cant believe it. i had $270 at .0004, but i sold there. Could I truuly have had 54 thousand dollars! I dont believe it. Does it actually say in your account that u have $40,000?

06-15-2006, 09:58 PM	#5
TheBullPicker valued contributor sept/06 simulation winner weekly challenge winner Join Date: Feb 2006 Posts: 165	Re: Pcce now at 30 cents up from .0002!?? so basicaly, it has gone from around .0004 to .0002, and i would have actually lost money?

06-15-2006, 11:32 PM	#6
Dublin valued contributor Join Date: Jun 2006 Location: kuwait Posts: 41	Re: Pcce now at 30 cents up from .0002!?? unfortunatily ... for every 1000 shares in pcce = 1 share in pclo i hate this kind of shares i guess they are doing so to attract more investors and split it again and again until they disappear. wishing u good luck

06-15-2006, 09:55 PM	#4
up2nogd420 valued contributor Join Date: Feb 2006 Posts: 52	I found this on the web… June 14, 2006 Pacel Corporation Celebrates Tenth Reverse Split Pacel Corporation (OTC: PCCE) is celebrating its tenth reverse split in its history as a public company. Pacel executives have managed to fleece investors by completing reverse splits of company stock ten times in the past seven years, and four in just the past year. The price of the company's initial public offering, with adjustments made for the many stock splits, is about $10 million. Below is a table with the complete history of Pacel stock splits. PCLO - Pacel Corp. Reverse Split History Symbol Split Ratio Date PCCE 1:1000 R/S 06/15/2006 PCCN 1:1000 R/S 01/24/2006 PCCR 1:1000 R/S 10/25/2005 PCLL 1:1000 R/S 06/20/2005 PCOR 1:1000 R/S 02/25/2005 PCCL 1:100 R/S 09/13/2004 PACC 1:100 R/S 02/25/2004 PCEL 1:30 R/S 03/17/2003 PLRP 1:100 R/S 04/07/2002 PLRPD 1:4 R/S 10/07/1999 Way to go Pacel!!!

06-15-2006, 11:51 PM	#7
vilefridge new member Join Date: Feb 2006 Posts: 8	Re: Pcce now at 30 cents up from .0002!?? Hrmm, why would my account say I still have 137,680 shares @ .30 cents market price for a total of $41,000 some odd dollars? Wouldn't this split change my shares to 137800 / 1000? See below picture:

06-16-2006, 12:17 AM	#8
bahroor forum leader dec/06 simulation winner weekly challenge winner Join Date: Apr 2006 Posts: 1,147	Re: Pcce now at 30 cents up from .0002!?? HIT THE SELL BUTTON!!! (if volume is available) but I'm showing it closed at .20 not .30

06-16-2006, 02:29 AM	#9
bahroor forum leader dec/06 simulation winner weekly challenge winner Join Date: Apr 2006 Posts: 1,147	Re: Pcce now at 30 cents up from .0002!?? wait, you bought $68 worth of stock?? Doesn't etrade charge you 10 bucks a trade?

06-16-2006, 02:35 AM	#10
vilefridge new member Join Date: Feb 2006 Posts: 8	Re: Pcce now at 30 cents up from .0002!?? $19.99 a trade infact :P

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