In an effort to provide bashing fodder for today's market, the worm has "predicted" that an addition 1.0 Billion shares have been issued since the 3,727,740,100 as of 2006-01-31. Let's just analyze that...
Since that 2/01/06 date a TOTAL of 1,366,101,645 shares have traded on PLNI. The close on 2/01/06 was .0073. Since that time the stock hit a low of .0047, and rallied to reach .0007 on two occasions. Since 2/14/06 the stock has not fallen below .0055. This certainly IS NOT the typical PPS movement expected when 1 Billion shares are added. In comparison, the prior 1.4 Billion shares added moved the PPS from .014 down to .0036... subsequent rallies brought the price above .01. Looking at the chart from October through December, one can clearly see the effect on price of 1.4 Billion shares iussued. Now we are to believe that since January 31st, 1 billion more have been issued and the price hasn't moved at all?????
Horse pucky!!!! This is fodder... horse crap designed to be cut and pasted to shake out scaredy shares.
I challenge the worm to prove this 1 billion number!!!! Otherwise it is just an illegal attempt to adversely influence the price of this stock!!!
rrm |
