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

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To: Bryan who wrote (17520)4/29/1999 11:09:00 AM
From: Siber  Read Replies (2) of 40688
 
You may be right Bryan, but in my opinion, this is not the time to sell because the stock is in an oversold situation.

I would wait until the stock reaches an overbought situation and then use (yes...here I go again) candlestick analysis to determine a pattern reversal.

Do you use TA? Currently, fundamentals do not support a price of $3+. There may be other intrinsic values or reasons why PNL is a buy but those are hard to quantify as an investor.

However, I have faith in the company and that is one of those intrinsic values that you can't find anyplace other than in the individual investor. Although I use TA, I also use a lot of HA (Hunch Analysis).

My HA is telling me to hold and accumulate at these prices. <grin>

Cheerios,
Helene

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