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Microcap & Penny Stocks : PLNI - Game Over

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To: shortsinthesand who wrote (2631)2/16/2006 7:16:18 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 12518
 
Most of the vocal players in PLNI ("shareholder" being a misnomer) only care about "information" insofar as it affects the ability to bring new blood into the stock so they can flip their shares. They are always "long and strong" and "still holding" and "buying on dips" until the price spikes and comes back to earth. Then, of course, they were always able to sell at the top and buy back at the low. Then when the price, as it inevitably does, starts to decay, it's no problem because they are playing with "free shares" anyhow. Once the volume dries up, suddenly they don't care about the company's bright future because it's off to the next pie-in-the-sky stock to pump, leaving the true believers -- people who believed their hype -- out to dry. It's either blatant lying or stock manipulation. Take your pick.

- Jeff
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