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

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To: From_Verbier who wrote (5654)11/30/1998 8:57:00 AM
From: TsioKawe  Read Replies (1) of 40688
 
The last batch of PNLK selling was minor in comparison to the months Prior to November...I took a look at the Past charting available on this stock and came to the following conclusion:
There was lots more selling at the beginning of June, in the middle of July, and at the beginning of October. Although there was selling at the beginning of November it was no where near the volume of the former Months Mentioned. This indicated to me that selling interest In PNLK at these depressed levels is nearing nonexistence. With even a little Buying volume today a clear reversal will be formed and an upward trend will continue.
Technically , my read on the stock, is it is solid here and now. The longs are also solid in there belief of this. Personally I think we are the ones who have seized the moment for the future, we are not alone as others get exposure to PNLKs business/stock they will also join in...
The conditions are right for short interest to pick up on the smaller cap companies and there targets will be stocks with no earnings who have had substantial upside movement on Hype alone...What interest will they have in PNLK? NONE!
Of coarse this is JMHO

TsioKawe
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