PPJE - sub-penny! Continuation setup w/ catalyst

[ABeespackBags]

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.

[ahiayosakqeq]

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

[AlesGreesiubs]

I wouldn't play unless you like gambling. It's like throwing a couple hundred bucks at the roulette table. You could lose it all or win a ton. We'll see. I just have a small position that I'm willing to let trade out. .0037 is big breakout point, but it was not quite ready yet.

[Adonnossy]

Finally on the move today. Needs .0037 breakout to get a serious run.

[admin]

Closed up to .0048! Ideally gap and run the morning and will take some profits off while trying to let some run.