Judith made some good points in her post. However, I think that type of thinking would mostly apply to larger cap stocks and not pennystocks necessarily. Some people just invest in pennystocks that they think will be profitable because of a unique product,a product that is in demand,or a special service provided by the company, etc.. They put money into these companies with just the hopes of some kind of press release coming out, whether it shows actual revenues, or just future projections, cause any type of positive news is a plus for penny stocks.
With PLRP, I find it quite impressive that after only being public for just two months, they put out an impressive news release regarding a company to distribute there product. This is showing potential in the company and a positive step forward, even though it isn't talking about actual sales/revenues.
I think the reason that not many people bought into the company today is that the company has only been public for 2 months now, and are basically new to the investing public. I think that the people who will take the time to read the release and understand the potential, are ones looking to invest in software programs of the future, and who understand computer software or have a basic knowledge of it. These people will take the time to review the features of the product, and understand it.
90 - 95% of the white collar work force are computer literate and are always checking the market for new software that will enhance and
simplify there systems.
All we need is more publicity in which we will be seeing shortly to make this company take off.
Just my opinion,
Retaylor |
