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Microcap & Penny Stocks : ProNetLink..(PNLK)
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To: Dixie7777 who wrote (1579)4/30/1998 7:49:00 PM
From: Lou Little  Read Replies (1) of 8242
 
Thanks for the response

My thought is that if there is a major player that has taken a million + share interest in this startup, then that might explain the sharp runup (based on buying pressure) and letdown (after the target position had been acquired). This would indicate that the major price move may not be here quite yet, but that someone is betting substantially on the payoff (ofter the website launch?).

I guess that I'm just trying to understand what I'm seeing. I'm long PNLK and will ride this puppy for a while to see where it goes.
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