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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (1026)9/12/2000 10:07:06 AM
From: Boddington  Read Replies (2) of 37746
 
PLRP date October 1st !!!

BB: PLRP should run to Oct 1st and maybe beyond IMO. Here's why ...

On the long-term chart, and you'll find it's been flat along the historical bottom for awhile now, propped-up with the occasional but frequent minor PR. Last week, they announced an impact date of Oct 1st.

biz.yahoo.com

Further, the release states "PACEL's arrangement with Electronics Boutique is only one of many agreements being pursued with major companies, retail businesses, and organizations..." which suggests more to come. Also, per past PRs, they have other pump angles.

IMO, they wouldn't announce something like this if they needed it to come lower or if the insiders hadn't loaded-up already, and with the POS market heating-up again I think it a fair assumption that PLRP will soon run/pump too.
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