Rick, this really is one of the strangest investing situations we are ever going to encounter. A myriad of possibilities allows all kinds of speculation and the company is doing nothing publicly to effectively give shareholders any sense that the right steps are being taken. Of course, one of the possibilities is that they are doing everything they can to catch the wind in the sails but being understaffed don't have time to deal with PR. I hope that is the case but there are other possibilities. Unfortunately, asking for "honest answers" is already more than asking for the moon. Asking for any answer would be asking for the moon. As far as I can determine at the prln office "Patty" is allowed to answer the phone and say it is the offices of prln. Beyond that she is not allowed to say anything about prln. If you ask for someone who might know anything worth saying and be allowed to say it, Patty is allowed to say the person is not available right now, or even better is not in the office today. If you ask when the person will be in the office she is allowed to give the day two days ahead of whatever day it is you are calling. If its Tuesday she can say they will be in Thursday, if its Wed. they will be in Fri., etc. If you got someone there and got an answer to an important question you might be eligible for sainthood. If you got an "honest answer" to an important question it would be like the Red Sox winning the World Series and the world might very well come to end in short order.
Like Judy I am not selling at this price. I feel like the product and the co have a lot of potential. I also think that for all I know the cards are in the hands of people who may have already demonstrated great skills of sleazability. Rhodes may be trying to do wonderful things. He also may have brought in Alberts so all the secrets can be carried away to Merck while prln sinks and Rhodes gets some kind of back door delayed reward (or maybe not so delayed given his age). We don't know anything. One positive announcement could start the stock moving up with a jump, but the co is saying nothing about anything and we have no idea what they are doing, if anything, about anything. But we are only shareholders so do they care? Maybe not. But they should. If they don't care, it could also mean that the best hope of sleaze is to throw the shareholders into confusion so as many as possible will sell so that the sleazebots can pick up as many more shares as possible before they send the stock sky high. You could argue they have done the best job they possibly could to get people to sell. And if this is true you have wonder about their motives. And it does bother me that any one of us could have written press releases more effective in the companies interests than prln and their PR firm have come up with. As well as some additional intermediary ones to keep the troops calm between real news, so to speak.
John, I hope you can will this one through. Houdini and others, however, found their assessment of the powers of will somewhat overweaning. I guess we can assume you are not nor have you ever been alcoholic and thus had to confront yourself with the supposed limits of will power. Should we call also upon Oral Roberts, Reverend Ike, or maybe the latter day Norman Mailer here? And does it matter? We are in a swamp which may swallow us or may begin to gush with oil. It may even do both at the same time. I'm trying to hang onto the shares and an airbag, stolen from a neraby automobile, at the same time. By the way, chalk up a loss here John, I stole the airbag from your car. <grin>
Judy, I know you didn't sell (as I am in the same position of feeling its not worth selling at this price) I meant how do you feel about your holdings after the past two days of trading. (Is this real, a guy badgering a gal about being evasive and not talking about her real feelings?) And paul also, since you still did not answer the questions about a pull back indicating the game is up (which is to say you implied, I think, the stock would be down) what about this pull back, or were you thinking in time spans of a week etc rather than a day or two which you seemed to be indicating originally. Also paul, what should we be looking at when we "watch the bll rll"?! Is it something in the mail, like the check? <grin>
Larry |
