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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter

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To: nagrom who wrote (17530)4/29/1999 10:33:00 AM
From: Warren A. Wilbur, Jr.  Read Replies (3) of 40688
 
One thing to remember is that in fact we DO HAVE a higher base. We will see pressure on the price today and tomorrow as these are the last trading days for this month and the MM's are trying to cover their short positions. HOWEVER, if we hold the price , and it appear as if it holds, well than the shorts will have to cover by buying back the stock at the present price which will solidify the base even more. If you look at yesterday's trading (as Jim S had mentioned) we had more BUYERS than sellers thus it is clear that the price movement was an artificial one.

PNLK will be one of the few profitable Net Co's, the point is if one
is capable of seeing the value ahead of time or look back a year from
now with should have could have yada yada...

Regards
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