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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter

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To: Robert G. Hanah who wrote (3492)	10/10/1998 12:35:00 AM
From: HairBall	Read Replies (5) of 40688

May Tran: 3 more weeks and you will know, "shorters". :~) Robert G. Hanah: Technically it could be time to begin the "covering" process. Note: US Brokerages will not allow short selling of stocks that are not marginable, period! Most US Brokerages will not margin stocks under five dollars. Most US Brokerages will require investors in short positions to cover (with in 24 to 48 hours) once the stock falls to $3. PNLK is not going down because of “shorters”, period! And, I don't think MMs are wasting their time shorting this insignificant stock with average volume at 212K and the price under a dollar! PNLK stock price is at the mercy of the company! Technically I see a possible floor in the price of PNLK at 75 cents. If the price holds above 75 cents and proceeds to base, then that may prove to be a good entry point! Of course, it would be nice if PNLK provides some news, with follow through, that would negate the above and provide the general public with a motivation to purchase shares of PNLK, giving incentive to MMs to move the price up! BWDIK Regards, LG

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