Nice small daily gains..........
Not the type of big movement on big volume that attracts
day traders and foreign account shorters.
This is good and minimizes volatility.
With more volatility and big moves that increases the likelihood of
large gaps. If there is a gap tomorrow, it will be a small one.
Probably in the range of a 1/16 of a point.
Personally I would rather see this incrimentalism rather than
big runs. The big runs will attract the bashers based on volume
and price signals. The bashers like language that can be
misconstrued as hype, so in my opinion it is better to refrain
from making price projections even just for fun.
With the conjunction of forthcoming events focused around
the Version 3.0 release and the IBE EXPO, in my opinion there
will be an abundance of news that generates and sustains momentum
for the stock price so that any real or misconstrued hype
won't be necessary.
However, with any "announcement" ie news that functions as an
excuse for a 20 to 30 percent run, there will most likely be
a subsequent gap the next day of another 15 to 20 percent
which will be followed by a sell off due to the in and outs
of daytraders and shorters who could care less about PNL's
bigger story.
Anyway...these are just my observations based on the many
ups and downs of PNL.....
Make of them what you will.......
Regarding another issue, something I've been reading about
alluding to SD. If SD has had a change of opinion, I would be glad
to read this. Though I disagree with SD's opinion of
PNL, I believe the SD does try to do a valuable service.
Many of SD's admonitions are worth paying attention to as are
many of the advisories about newsletters and links to SEC
info that the SD provides.
In the recent past, I have been on the phone both with Kevin
Litchman ("the detective") and Lynn, the writer of the
article on PNL. I sent Lynn the 15s211 and emailed her my field
report and other salient information in order to make SD better
understand PNL's business model and what PNL is trying
to achieve.
In the long run what SD does or doesn't say about PNL will really make
no difference. However, to me if SD does change their tune
about SD, this will be significant because SD has never done this
before on a "stinky stock".
Besides to me and IMO, SD will ultimately
have to change their tune out of necessity...
First because PNL will be successful in achieving
and building upon its business goals and model.
Second, to indemnify themselves (SD) against any action
that can be misconstrued as libelous.
Remember, however that SD and even C & D weren't
entirely incorrect at the time of the writing about the
market capitalization and valuation of the stock last spring.
However, neither report and assessment made a concerted effort
to either understand the alliances made or what, for that
matter, PNL was and NOW is achieving.
Sincerely,
z
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