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

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To: James Simonick who wrote (17683)5/1/1999 2:35:00 PM
From: RidgeRunner  Read Replies (1) of 40688
 
Chart Patterns...

Anybody notice that PNLK major price movement (up) seems to require a 3 to 4 weeks consolidation period with prices slowly drifting lower before the next leg up? Interesting sign of gradual accumulation. I wonder if the MMs set it up so they have shares to sell into a rally, or if there is some "smart money" out there picking up shares on the cheap before the next run up? If history is a guide, we have another 15 -20 days to go.

By the way, anyone seen/heard from ZTect?

RidgeRunner
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