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Microcap & Penny Stocks : PLFM - Undervalued with great potential
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To: DrVee who wrote (2410)5/12/1998 10:51:00 PM
From: pitchlyn  Read Replies (3) of 9096
 
>>>Am I right or what?<<<

Right about what? The stock falling? No experienced trader is surprised to see the price of this stock fall and it has nothing to do with; PLFM's product; any visit or non-visit to Brazil; any hidden news -- good or bad; the future success or failure of this company; or anything having to to with you, especially! The fluctuation in share price is entirely the result of the "normal" manipulatory practices of bb/otc Market Markers -- end of story! Just so happens PLFM has been shackled by some rather ruthless MM's who, as we have all seen, are prone to orchestrating extreme fluctuations in share price over a short period of time. I, too, would not be surprised to see the stock price fall below $0.50 cents but, at the same time, it would also be apparent to me that any further decline would have nothing to do with the veracity -- or lack thereof -- of the company! The plane may fly and it may not. The contract may be signed and it may not be. The article may come out on time and it may not. None of this matters because the Market Makers have already decided to drop the share price. On the other hand, I'm sure they have also decided to raise the share price at the appropriate time pending news of importance.

So there!
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