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Microcap & Penny Stocks : PNEC - Planet entertainment ready to spin gold
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To: R.STOCKS who wrote (115)5/21/1998 8:05:00 AM
From: rharris  Read Replies (1) of 221
 
I think what's at play here appears to be that real-world money has recognized PNEC's potential and started supporting the stock. There has been virtually no discussion on the threads but that means that it is not momentum, day traders, hypesters or pump and dumpers getting in. From the beginning I felt this was a long and have not sold one share.

Also the stock moves like there is a large short position and it moves with very little volume as if there is little stock available. Yesterday I saw the bid/ask move upwards three times without one share traded as if the MM's were desperate for shares.

Of all the stocks I own, this is the best.......

Richard
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