Nikko,,I called PNLK ceo and Zagoran, understood right away ,, that they had a potential ,, at same time I knew valuation anything over 5 was risky,, said we should take profit,, and look for re-entry ,, I said possibly 2 1/4 but 2 1/2 was the bottom ,, when it hit 4, I knew it was going higher,, said let's buy ,, went to 8 then based at 7 ,, that was a good sell... rebought 6 1/4 and sold again at 7 ,,
Have no complains ,, nor do I think PLNK is a bad company ,, what they are doing is very unique,,I just do not think they deserve 350 million dollar market cap ... I would be a buyer of PNLK under 3 1/2 but not here,,
Same with PLNM I woud be a buyer up to 3 but will sell at 5 1/2 for initial profit and will play chicken little game as to where it will go ,, most likely it will go higher,, IMHO |
