Hi everyone:
It is quite interesting to see so few of us (less than 100) control close to 5 million shares of the float according to Johnny's tally. Consider that there are about 7,500 stockholders out there according to someone who posted here before. Nevertheless, I will still like to advise caution when reading this tally number.
Whether PNLK's price can hold after the next run-up will depend entirely on whether there are any new investors coming into the market when the short-term investors and day traders begin to take profit. In order for the new investors to invest, PNLK must show future potential for a much higher price even after the next run-up. All this boils down to how well V3, bank alliance, Chamber of Commerce alliance and the IBE conference stacks up down the line. If future PRs are as good as expected, then the future potential for much higher price can be envisioned even in the face of no subscribers number (yet). For it is the expectation of a good subscriber number down the line that new investors will like to bet on after reading all the future PRs.
Therefore, it matters not how many of us holding so many shares of PNLK. In fact, the less number of people controlling the float, the more volatile the stock price can be. While we may be singing in unison right now before the big events (good or bad), all hell will break loose when the pendulum begin to swing either way. Each of us shall act according to our own game plan or emotional tolerance of pain/greed. And our own interpretation of future PRs also plays an important part of how we hold our shares.
So, in summary, despite our new founded knowledge of how much float we control, we should never forget, IMHO, a very important investment strategy- To Each His Own; otherwise, we will become just as gullible as a herd of sheep…
By all mean, we shall continue to sing in unison as time permits…
Remember everyone,
To Each His Own
And
Prosperity to ALL!
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