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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: GHart who wrote (6679)2/7/1999 6:07:00 PM
From: Bruce A. Thompson  Read Replies (1) of 9096
 
More wild Speculation:

The big buying started Tuesday with two 1/2 MM share days followed by two 2MM share days. About $5MM worth of stock. Why does that # ring a bell. Further in this exercise in logic: If there were $5MM worth of shares bought, there is a strong possibility that the $5MM was the company buying as promised. That would mean the following. 1) The Ukraine assets have been transferred and appraised. 2) The line of credit has been opened and the first $5MM has been spent buying shares on the market. To test this logic, we need only to watch the share volume monday. If it drops to around 1/2 MM , then we will be watching insiders. If it drops to under 200K, then we will be watching Joe Investor. If it stays above 1MM, then we will be in for the ride of our lives as all Howard's promises for the future will be coming true.

But what do I know?

BT
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