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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter
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To: Seal who wrote (979)8/15/1998 10:07:00 AM
From: Sai P. yandamuri   of 40688
 
Seal, As U pointed out, currently buying interest is not much for this stock. Whether the shorts will short more of this stock at $1 level depends on if there is any more buying interest at these levels. Also, LACK OF INTEREST is one reason for shorts to even short more especially the unproven & highly speculative companies such as PNLK. In the past few trading days, some buying interest is coming in and shorts so far were able to hold the stock down.
To answer your question, I am not a daytrader. I wish I had fulltime job just playing stocks only. May be some day in future, if I am highly successful with my current investment strategy, then I will quit my 'Software consulting' job and play stocks only!!However, I am a short term trader/investor. As U said, it is my 'gut' feeling that PNLK's concept will be a reality one day and I just want to be the part of its success.
Currently I consider PNLK, being an internet stock with a great concept, It sure will generate interest in investment community. I sure will buy this stock not for its longterm success but for the short term run up. PNLK may have a 2nd runup just like KLB(I was fortunate to play this) and am certainly looking for entry point, once the price consolidates here. Also, I will be calling the company early next week to try & get some of my questions answered.
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