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Microcap & Penny Stocks : PLFM - Undervalued with great potential
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To: NYBellBoy who wrote (8961)5/17/2000 1:26:00 PM
From: cliff emohs  Read Replies (1) of 9096
 
Looks like the only new blood attracted to PLFM were day-trades. Buy on rumors and sell on who gives a dang, as long as it is for a profit. Also I think some people put in stop orders and with out any buyers the MM's will drop the price down to the stop order and pick them up cheap.

Well at least the contract provides a little more hope that I might see a big profit in the future, but when that is I do not know.

I listened to the CC last night. Not bad. Most of what was mention has been posted here and on RB.

Like I said before we are getting major reality check on the action of a stock in pinks. Only a few of us individual investor can readily buy the stock. Most mutual fund mgrs can not even think of buying, others need to jump through to many hoops.

PLFM mgmt certainly stated filling form 10 is priority #1, but even when it is submitted to the SEC it will take time for them to review it, and if any questions it will take more time. I guess it will be months before it is finally over and PLFM gets off the pink sheets. More waiting, it $ucks.

Not that it is my first choice, but a buyout would be fine with me at this time. I have hung onto this to PLFM to dang long.

Well have a good one, hang in there.
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