hey gang,, brokers talk to hunderds of clients a day and rally know little about the market. the only research they do is what their research dept gives them. so when it comeds to prln and those like it, use common sense and all will be well.
volume is very low with prln. that means that no real sellers are in the market. buyers are uninportant at this stage. we get them anyway.
so what happens is, the market makers get or smell a seller. they let the price drop and a few more little sellers appear. thats how they make a living.
so we went below 3, big deal. i allways said look out in time. uner 3.50 buy.. four dollars sell..
i keep adding to my position all the time. so, if it drops more, its , to me, an opportunity to buy.
am i nuts? don't think so. just bullish on prln.
remember now, if in the next 4 to 6 weeks we see four again, please remember, i was the buyer at 3level.
richard, you would be surprised at the players in prln and how many folks do own block positions.. |
