PPJE - sub-penny! Continuation setup w/ catalyst

[erefaajevu]

PPJE is setting up for a move higher if can break .0037. Towards the end of January the company will be having a court case in attempt to win a $5 million settlement. You can read about that here. (http://www.bloomberg.com/article/2013-12-23/anMxcOFWQrcU.html) I believe this could cause a run-up into this event.

http://onlinetradersforum.com/attachments/ppje-jpg.16547/

Disclosure: I own a small position at .0021 and will be selling into any run.

[eroricmocanec]

I'm gonna pick this up at .0027. Gotta take a chance

[etemiexiq]

Well, this is frustrating, taking a look at this premarket at a feature in TDA's "Thinkorswim" called active trader that shows the shares and price points for buy/sale, and the only sale is at .02 (notice the lack of a second 0) Hopefully when the market opens I'll see some activity.