Ztect, I am glad that U started seeing content in my posts although sometimes I participate in the on-going entertainement on this thread. So, Ignore the posts that do not have content. Here is my response to your comments :
First of all, I am glad to see U agree with me some of the points I made in my earlier post(s). Let us classify all the mistakes into 3 categories :
- WEB site development mistakes
- Marketing mistakes
- PR mistakes
We both agreed that PNLK did mistakes prior to launch. I am saying that they are still doing mistakes or have done until recently.
- Swithching to 'Rare Medium' from 'Proxicomm' during the middle of Phase II development certainly hurt :
(a) Stock price
(b) Phase II release schedule
(b) Vision of Management
(c) Credibility of Management
U have speculated that Key deveopers have changed their jobs to 'Rare Medium' and hence the switch. I don't think this has happened. Assuming that U are correct, It takes a TEAM to develop the complexity of the project of this magnitude and a NEW TEAM will bring in NEW DEVELOPERS and hence there will be some learning curve. Also, I completely disagree that both PROXICOMM & RARE MEDUIM have worked together on this project for a while. Only period they may have worked together is when PROXICOMM handedover the project design,code,documents etc. to RARE MEDIUM. I turned completely bearish on this stock eversince I received the news about this switch because I know ( being Software developer myself) it will have a VERY NEGATIVE effect on the stock price (Short term, No one knows what happens in the longterm for BB stocks) and infact posted on 'PNLK Facts' thread predicting that thi stock will go < $1 (At that point PNLK was trading about $2+). It is a SERIOUS MISTAKE on part of Management. It looks like a number of PRO PNLK members on this thread are underestimating the effect of this switch and this in my openion is the BIGGEST REASON for the stock decline all the way from $2 to 90 cents. It is common sense that a switch like this will trigger further delays in PHASE II development and that explains stock decline.
I think U made very reasonable predictions of where the stock price will go if Phase II releases on time or not etc.
I certainly welcome the other members of this thread to mention some good,undiscovered BB stocks, if they know any. It does n't hurt anyone. I think the readers can make the judgement if they like to follow these or not. Tell me one thing though. Would U have said the same thing(asking me not to mention my BB stock picks) if PNLK is going up and U are making money ? I bet, U don't. Because Once U take nice profits on PNLK, U ceratinly will start looking for some other stocks. Don't U ? Nevertheless, If Majority of PNLK investors (not the ones that are married to this stock?!) don't like me posting about my BB stock picks, I PROMISE U I WON'T. BTW, Pl. let me know the 'Cafe' type of threads U mentioned. |
