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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Stephen who wrote (6577)6/6/1998 2:06:00 AM
From: Stephen  Read Replies (1) of 8242
 
For those less experienced investors who have posted to the thread, as per my previous posts, the price retreat was probable without news.
It is likely it will bounce somewhat off 2 at least once, so there is little immediate downside risk. Again I would stress that anyone who is not experienced in BBOTC stocks or feeling panic inside, to consider whether they should use the bounce to reduce their holdings to a level at which they are comfortable with price fluctuations. Despite some responses to my messages, I have no hidden agenda and am not short the stock. However the reality is that it is far better to hold on to less of the stock and leave it be and be able to sleep at night than sell everything in a moment of panic. One cautionary note ... the idea of selling on the bounce to buy in at a lower level is fine if you are sure you could buy the stock when everyone else is selling !!. It is a concept that sounds great but doesn't work for everyone !!
I hope this message is taken in the spirit of which it is intended.

Good luck everyone

Stephen
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