Pacel (PLRP): If NASA likes them, shouldn't we? Message Board

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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: Retaylor who wrote (1647)	11/11/1998 10:42:00 PM
From: Robert B.	of 3171

<And about people pulling out because of Patrick being paid some shares to promote the company, shows there lack of DD on the company and its product.> That is why I stayed in this stock...but, I read a few weeks ago about a NASDAQ company with a P/E of 1/4 because of unfounded rumors about the CEO's character. The company (I'll have to check the name, I can't remember now) had great earnings, but the stock dropped 80% (60 to 10) because of these rumors and hasn't recovered even after a year's time. So, a great product and great earnings doesn't mean much when you don't have credibility. With penny stocks, investors are even more cautious. Pacel cannot afford to make any more mistakes. My one friend that sold because of Patrick make his money back and more on GERN last week. I'd have to say right now that his DD was better than ours.

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