Hi everyone:
LG, here is my response to your rebuttal:
"I know you long term holders of PNLK would love to think that someone sitting on the sidelines and keeping an eye on this stock, will not be able to participate if and when PNLK finally 'blast off' to borrow your phrase."
I do not 'love' to think of anyone missing the 'blast off' as you perceived. I am sure there are going to be some hardcore short-term/daytraders who may be able to jump in as the rocket take off regardless of the price momentum. All I am saying is that when the subscription number come out and if it is substantial, everyone sitting on the sidelines will jump in and buy. And IMHO, most of these sideline buyers are potential long-term investors. The confirmation of a good subscription number is a good sign that PNL has the potential to grow into a giant giving enough time. The prospect of a much higher stock price in the future will be in the mind of everyone who buys. Meaning a lot of potential long-term investors sitting on the sidelines do not mind paying the premium to jump onboard despite the fast momentum of the rising price. This is what I will call a true blast-off, meaning it will stay up after the after the move up. Any lift-off caused by short-term/daytraders will not stay up afterward.
IMHO, there will be plenty of short-term/daytraders who will not chase the price after the announcement of subscription number. Instead, they may opt for the retracement of price before buying back in. And when the retracement fails to materialize, these short-term/daytraders will then be left in the dust so to speak. Unless of course, they decide to bite the bullet and jump in at a much higher price.
"And for those of you, that bought in way to earlier, I feel badly. But, don't have bad feelings toward anyone who uses his or her investment savvy to buy in at the right moment."
"Investment savvy to buy in at the right moment" is not always achievable even to the best traders. Some people with no experience can luckily stumble in at the right moment, and some professional traders can buy in what they think is the right moment and still end up in a wrong direction. It is how well you plan your exit strategy with your own preference of money management that determine your 'savvy' (to borrow your word). IMHO, long-term investors and short-term/daytraders each have their own unique strategies of risk management. Long-term investors usually allow a wider fluctuation of price movement while short-term/daytraders allow a much narrow range of price fluctuation. Therefore, there is no need for you to 'feel badly' for the long-term investors. But appreciate your thoughtfulness regardless.
It takes about thirty seconds for any trader to get a "buy at the market" filled for PNLK. So, anyone who recognizes the blastoff will be able to get aboard!
Yes, on a regular slow market day, it is very true. But after the announcement of subscription number and if the number is substantial, it is another different ball game entirely! The sheer number of new buyers will make it so much difficult to buy at the price you want. And I am not talking about MMs trading shares among themselves. Thus, it will take a lot of gut and fortitude to jump in with a market order during a fast price run-up for short-term traders/daytraders. And I guess it explains their tendency to opt for a retracement.
The only way anyone can recognize the blastoff before it actually happen will be the one with inside information about the subscription number. Otherwise, any purchase before the announcement will be a speculative buy just like any other stock with a potential. Do you call it investment savvy then?
"And, ALL those TRADERS you seem to despise will be absolutely necessary if you want your stock to take off! Who do you think will fuel the lift off?"
I don't despise any traders. I only wish them good luck in their endeavor because it is difficult to be successful in trading, period. IMHO, short-term trading and daytrading are more difficult if you are not disciplined enough. Yes, long-term trading has its own pain but it always come through in the long run. The key is in finding the 'right' stock to invest in.
For your question and IMHO, the new buyers with a motivation for long-term hold will be the one who will fuel the lift off because this is the only way the price will stay up and not come back down to this level ever again. Again, provided the subscription number is substantial enough to show some indication that this bold vision of PNL is actually unfolding while we sleep. For this is the only way we can be sure that the long-term investors will not become short-term traders due to lack of perceived revenue.
Prosperity to ALL!
|
