PNL is my only BB stock, but it makes me a venture capitalist, which is what a BB investor is, and puts me on my own without concrete numbers and green visor stuff to study. That is why I like the idea of tapping into the collective opinion of my new SI club.
Why do we buy/sell/hold certain stocks? My personal opinion is often a kaleidoscope of observations and feelings that need to be sorted out. I do not sell very often, but I constantly return to the
Opportunity/Uncertainty/Time/Sanction levers to assess which external forces are bearing down, and how I feel about them.
Market price reflects the consensus opinion on a stock. The market is balancing O and U for PNL right now on Hill 1.5.
My buy/sell/hold action reflects my opinion. I have been way long and holding because O is so potentially staggering. At today's price it represents 15% of my holdings.
My nervous system reflects my confidence level. As a systems integrator, I know that lining up the transaction processing behind a GUI screen makes or breaks a system. Solid development steps by PNL have reduced U for me. They include the technical alliance among ATT/Rare Medium/onClick, the business links among
DBS/Unz/Freight Forwarders/an international Bank to be announced, Dave Walker's career bet, Zagoren's Marketing, Israel's COC endorsement, Broadband features of V3.0, IBE sponsorship, etc.
My hat is off to Collardeau for setting his sights so high. We are not talking about an e-tail site that sells magazines here. I'm expecting a site that the international business world can flow through. When the scope of Proxicom's approach fell short of his vision, he had the 'nads to alter course. We venture capitalists who didn't sell were set back 6 months, but we are back to even par and ready to climb the leader board.
A good putter reads the green, picks his line and rolls it . A good speculator reads the trade winds to reduce uncertainty, positions himself, and takes action when ready. When O/U/T are out of balance, nervousness elevates until Action is taken to re-calibrate. This requires an ongoing re-assessment of market forces and personal psychology. This is not an easy thing to quantify, but approximating it can bring each of us to our own conclusion.
Of Opportunity, Uncertainty and Time, which lever is influencing your
buy/sell/hold opinion right now?
Which lever do you think is influencing the market price right now?
How much more will the market pay for PNL when U is minimized, and when do you think you will know?
After the bell tolls, everybody will hear the music, but it's distant clanging is already perking up ears. T is pinging my ear like persistent wind chimes, and will be sounding like Big Ben by April! (Hence the excitement in my initial posts. No hype intended).
As Mrs Doubtfire described her husband's approach to foreplay: "Effie, brace yourself!", the MM's are getting ready to test our resolve. They can whipsaw the near term price by playing up O one day, and U the next, but T is on our side. V3.0 is coming, global e-business will be here to stay, and there is nothing they can do to stop it.
Green Light, PNLK investors!
GreenKeeper
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