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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: Conano who wrote (2289)5/11/1998 12:21:00 PM
From: James  Read Replies (3) of 9096
 
It will go to 25 cents because:
1. Too much hype and no substance. Contracts ready to be signed after successful test and nothing but a business plan on May 27. A po address in Redlands. An excited CEO talking to investors about how well everything went but no Brazilian comments. Test site closed to outsiders. Internet stockholders sending messages about how they are buying more to show their support of "what".
2. we can hope that this stock goes up but if it had as much potential as everyone says, the big guys would be sucking up this stock big time and they are not buying. The daytraders are getting out and leaving the shares to the poor stockholders who bought the hype.
3. A JV with ADCT that turns into a business deal that PLFM is paying for.
BTW, I've read most of the posts on this thread and given my past experience as a small investor, I don't like what I seeing. I hope that I am wrong. Good luck to all small investors.
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