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Microcap & Penny Stocks : PLNI - Game Over

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To: Captain James T. Kirk who wrote (5600)7/26/2006 12:55:06 PM
From: Jeffrey S. Mitchell  Read Replies (4) of 12518
 
Please, enough with the talk about short covering. According to the otcbb, there are a total of (drum roll) 183,755 PLNI shares being shorted. Compare that to an average daily volume of 12,760,003. At .002, it would cost a grand total of $368 to cover... which wouldn't even cause a blip in the share price if anyone even bothered to do so.

Also forget about all this naked shortselling and ex-clearing nonsense. With Turek flooding the market with billions more shares, most of them his, who needs to naked short? But if you are so weak of spirit you need to blame someone other than yourself, hey, whatever gets you through the trading day.

- Jeff

Source: otcbb.com
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