Tim, Anthony, Jane, Zivago, BoneYardDog, Devil's Advocate, London-Brian, Nite-Man. All hang out at Anthony's or No Rest for the Wicked, or both. 8 people! And they call us a cult! HA HA Clearly their 'gang' is on a mission, ready and gearing up for more games of intimidation--looking for a time to buy into this fine company.
I'm not intimidated as I believe in PNLK, but I am pissed off that they act as a pack of wild dogs, inciting fear. This is as bad as pumpers and dumpers who encite greed. Valuation is the thing to keep in mind, as is a balance of all of the known pros and cons. The current price is fair value, folks. It's what we believe it to be worth. IN THE ABSENCE OF ANY NEWS OVER THE NEXT FEW WEEKS THERE IS NO REASON FOR THE PRICE TO DECLINE OTHER THAN PSYCHOLOGY. Remember why you bought in in the first place.
LONGS (as am I)--if they succeed in reducing the price (as is their goal) we may get a buying opportunity. Get ready to buy in JUST BEFORE their true target price (my guess is 1-1.25). Ignore what they say the company is worth. Trust yourself. I suggest putting the order in Monday morning. If we buy before they get in, they may not get the chance to get in. PNLK, as we know is comping out with more good stuff (country specific) soon, so ideally they will not quite get in, and we may benefit as they leave frustrated. HA HA
IMO this company is operating with very low expenses, important alliances, a good website, industry experience, marketing savvy, and very promising contacts in VERY high places. So, I for one will be a buyer if the price drops as a result of their organized attack. We can outsmart them simply by never giving them a chance to buy in.
Longs, stay long.
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