Every time PNLK corrects, drops, or gets slammed by shorters, it comes back in very quick order. I have no reservations about holding my shares through this last bit with ****field. I hung on after TokyoMex took us down to the mid-2's from 5 1/2. This last drop is not that bad, and could be considered very healthy...unless of course you get scared and sell at a loss. Over 14 million shares have been traded above $5 this week (many above $6 and $7). You guys can see the insanity of selling out now.
Some thoughts....the recent retrace is very good for us LT. We needed to go back and recover this price range based on previous gapping. Any TA would support this. Additionally, we might even see some good (yes, I said "good") in the fact that our exuberance was tempered with a bunch of lies from the cock roaches. This allows some serious basing with extremely high volume all week. Finally, if you still believe in the Pronetlink concept, the Internet, and management (including...no, SPECIFICALLY Glenn Z.) then we are all set for a great ride. This stock has a huge following...and as it gets pricier, the daytraders and scalpers will slowly leave our midst.
I am not worried...and will be damned if I sell a single share until after $25.
Check out the PNLK 1-month graph. All technical analyses produce bullish results. NOT TO MENTION THE FACT THAT THE SITE WILL BE UP AND RUNNING THIS EVENING. I am going to have a great weekend and continue planning for my retirement.
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