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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: Goinlong who wrote (1947)12/2/1998 10:26:00 AM
From: Chris O'Keefe  Read Replies (1) of 3171
 
Try to keep your head up everybody. I follow a few threads on SI and one of them is the JAWZ thread. The stock had been doing so poorly the past several months, that I'm sure everyone was getting very depressed over there. The stock fell gradually over months from around .75/share to .17/share. Just five days ago someone made the following post:

Wow!
This stock is absolutely in the toilet . . . I'm getting a little depressed here. Even with aggressive averaging down, I'm at > 50% loss. When are we going to turn around? What's going on?

Chinmoy


It's been less than a week since then and two PRs have come out. The stock is now at Bid .58/Ask .61. Suddenly there's talk about the stock going to $3.50/share by next Spring, rumors of a contract with Sprint, the U.S. Government, et cetera, et cetera. Some of those long-term holders in JAWZ must really be breaking out the champagne.

So it's the optimist in me writing, but here's to hoping we have our own little run within the next month or so. We're only 29 days from the end of the year and Pacel becoming a reporting company. $2.8M in revenue, remember.

Hang in there everyone...

Chris
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