PSY - Panorama Synergy LTD FPO

[tosspot]

I feel this needs it own thread.

has jumped 20 fold in the last 2 days AMAZING

anyone got the balls to have trade. huge risk but massive reward involved

[Joshuatree]

From re half a cent A M A ZZZ ING. Yeah anyboby ride it up ? Congrats if so:t_up:

[Joshuatree]

And 20cents back down to 8 cents lol

[tosspot]

yea I chickened out. My balls aren't that hard

[baller18]

that is crazy 20 fold in 2 days talk about traders doing their work!!!

[Corporate]

Unbelievable.

A poster on HC flagged this stock at 0.7c and within two trading days its up to 20c and then back to 5c. There will be some traders hurting.

[steve fleming]

This was an interesting one though, as one of the red hearts (TH) had been trying to pick up a large line of the shortfall of the capital raise at $0.003, would have made him millions

however, another red heart (Fib) went too early with the ramp, the share price surged, so apparently the company pulled the pin on the shortfall placement at $0.003 and TH missed out on his millions

[nexstar]

This was an interesting one though, as one of the red hearts (TH) had been trying to pick up a large line of the shortfall of the capital raise at $0.003, would have made him millions

however, another red heart (Fib) went too early with the ramp, the share price surged, so apparently the company pulled the pin on the shortfall placement at $0.003 and TH missed out on his millions

Yeh thats another good story going around... FIB didn't loose any shortfall placement. The share offer was for 2 for 1 to existing holders which there were few retail holders left as the tech had dragged it's heals then changed paths and lead to a more viable money opportunity in the MEMS market. The offer was subscribed up to 48.2% by holders (yes off which a lot was by main holders and directors) The 52% shortfall was then taken up by directors 10 milion each and 5 million for JK, then the underwriter John King Nominees will fund the remaining shortfall by January 2014. It's all in the ann's if you read through them, although I went through the ordeal so I don't need to read them.. I think you will find theres more to this than meets the eye from not alot of trades over the years to bang million's and 10's of millions in a day, sure got the markets attention now, only question is who has the balls to load up and hold this thing... Someone must as the interest in this exploded after the ann that mentioned Gino Putrino was in the USA at a MEMS conference showing the potential of what he has achieved so far.
Good Luck......

[Nigel]

These are the guys that did that Gangnam Style song, right? Or was that another PSY?

[tosspot]

Here's an example of the astounding naivety and stupidity of posters on HC, the ones who blindly follow other posters and buy shares because they don't have a clue of their own - manipulating people like this is like taking candy from a baby. Perhaps there should be a licence test before people are allowed near a stock market!

"hey so i actually dont understand the RI [1:2 rights issue]. Does that mean that if im currently holding 100,000 units, tomorrow that will turn into 200,000 for free? or can i buy 1 share at 5cents - which will turn into 2?"

Despite his complete lack of basic knowledge, the muppet above has gone on to confidently predict the next share price movement and future high.





that is true but there is 2 sides, a break out like that creates great opportunity for a quick buck if you play the cards right and just follow the forum for info, not so much like that comment

[steve fleming]

Panorama Synergy spikes 4000pc on HotCopper tip
PUBLISHED: 7 HOURS 14 MINUTES AGO | UPDATE: 0 HOUR 23 MINUTES AGO


It’s the curious case of the share price that rocketed 4000 per cent on the back of no news, before crashing back to reality; and it has amused and bemused the directors of the company, Panorama Synergy, in equal measure.


The rapid share price rise at the small listed technology company last week can be traced to a presentation given by the company representatives in the wine grape-growing area of Napa County, California earlier this month.


Tech companies presented their wares at an annual conference called MEMS Executive Congress US 2013, on November 7 and 8. For the uninitiated, MEMS stands for micro-electro-mechanical systems, and to the true believers, the potential is enormous.


Until last week, Panorama was viewed as a typical tech hopeful at risk of running out of cash. It conducted a rights issue recently to raise working capital with an issue price of less than one-third of a cent.


Its potential – and the basis of the US presentation – lies in a licensing agreement it has with the University of Western Australia that aims to commercialise a developing MEMS technology. If successful, that technology could allow you to blow air into a pipe and the device would detect whether you have lung cancer. It could also remotely detect explosives at an airport.


Under its stock code PSY, Panorama put the presentation on the Australian Securities Exchange on Friday, November 8. Come Monday morning, nothing had changed. Shares in the small tech hopeful traded at just half a cent.


It’s difficult to pinpoint who got the herd running, but a post on a trading website popular with day-traders, HotCopper, appeared to play a major part. It is a website where investors exchange tips and gossip and where people regularly promote the stocks they are invested in.


If you get a strong following on HotCopper you receive “prizes” that accompany your post, such as a red heart which means you are one of the website’s “favourite posters” and a gold cup which equals “top tipper”.


A red-hearted, top tipper posted a message on the site on the afternoon of Monday, November 11, shortly before the market closed. It was titled “potential hundred bagger”. He – and The Australian Financial Review was assured it is a “he” – went on to spruik Panorama’s expertise and technology. At last count, more than 5000 people had read it.


The term “100 bagger” has its origins in an investment book called One Up On Wall Street, by businessman Peter Lynch. The American investor and author coined the term “ten bagger”, which refers to an investment that goes up ten times its original purchase price.


A 100 bagger is therefore an investment that goes up 100 times. Like a red rag to a bull, investors started buying PSY. By the Monday close, PSY was up to 1.3¢, representing a 160 per cent lift.


‘THEN IT WENT CRAZY’
“It certainly was under valued so I think it was a question of a few people who looked at it and pegged it as undervalued,” says Panorama company secretary Anthony Karam. “Then it went crazy.”


The next day, more than 8,000,000 shares traded hands in an otherwise thinly traded stock. The price rose to 7.5¢ by day’s end.


“10 bagger in two days on no news?” one HotCopper trader said. “Bubble territory?” Another commented: “I think the buyers are just taking a breather, having a sip of Gatorade and composing themselves.” Perhaps they were drinking Kool-Aid.


The ASX asked the company if it knew of any reason for PSY’s price hike? Karam simply told them “no”.


The following day, Wednesday, the share price shot into double-digits.


“This stock has truly gone Gangnam Style,” one poster remarked.


(In case you missed the wit, Psy is the stage name of the South Korean singer behind the hit single Gangnam Style.)


Another forum contributor said: “WOW 20 bags already in 2 days. 80 more bags and this will be likely the best [call] of all time. Great to watch. Amazing.”


At 20.5¢, any of the original investors who had held onto their chips were sitting on a “40 bagger”. The stock price had risen 4000 per cent from Monday’s opening.


But the Kool-Aid was running out. Shareholders started to offload.


“Buyers at 16¢++ are at the chemist buying Savlon and band aids as we speak,” one HotCopper post said, as the share price started to dive.


By days end, more than 34 million shares had changed hands. PSY had dropped from a peak of 20.5¢ to 5.5¢. That still represented a 10 bagger for those who had bought before the chaos; but those who bought after the initial stampede had been burnt.


Karam says that the management team that presented at the MEMS conference were flying back from the US when most of the excitement occurred.


Each of them had an overflowing message bank when they touched down, mainly from brokers wondering what was going on.


Karam says the lift from 0.5¢ does give the company a good platform to progress, even if it has dramatically fallen from the 20.5¢ high. He also *confirmed: “Directors have not sold a single share.”


The Australian Financial Review

[nexstar]

Some HC posters have admitted that companies have approached them and offered to pay them to promote their stock. In the middle of a rights issue that was massively undersubscribed, who knows what really went on. Still comes back to the fact that if they are working it over on HC, its best to not take your eyes off the stock and be prepared to bail fast. Sadly, they are currently working AHZ which I own.


lol....

Yeh let's all bail fast, a major US fund manager has bought up on market hence the massive volumes and price rise and is completing a placement probably at a premium. The big boys are set now the majority of the registry is held by majors and directors and insto's, they control the sp now boys and don't be surprised if atleast 20c comes knocking at the door in coming weeks. If your not in now, it's probably too late to get in cheap. So much for the pump and dump theories and all the BS going around, it's the real deal fellas insto's don't take a huge stake unless things are going to move fast and they then push the sp up after they enter.
Guys I would say you missed the boat but with good research and filtering the BS day traders posts from HC you may have made a well informed descision to buy and hold.

Good Luck....

[gazprom1]

One always needs to wary of new posters when they profess to have an intimate knowledge of BS going on at HC and then talking about a stock that has performed.

I'm with KW....

Gaz

[baller18]

well intra-day high of 44.5 cents... from low of 0.003 cents 6 months ago. 100+ bagger
Took about one punt which can beat your whole portfolio by years!