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Microcap & Penny Stocks : ProNetLink..(PNLK) -- Ignore unavailable to you. Want to Upgrade?

To: WVMayor who wrote (338)	4/24/1998 7:00:00 AM
From: Novice Bob	Respond to of 8242

Sorry, my crystal ball is in the shop. Ain't that the truth! Logic nor a crystal ball works on the OTC. I have been searching SI and YAHOO for the last 2 hours, PNLK is getting a lot of coverage. This means momentum players will be moving in. They usually play for small gains, given how the MM's seem to be suppressing the advances of this stock (i.e. a 25% pull back yesterday on strong buying, over 4 mil. shares traded), I would expect some volatility. I believe this kind of volume provides a good cover for MM day shorting plays and any selling provides the reasoning for a pull back short cover move from the MM's. Just a theory, I have seen these trading patterns many times before and this theory seems to explain this type of pattern very well. When I see high volume and a gap up at open, the stage is set. However, like my young nephew would say, The MM's got a wedgie on this one yesterday, not many people took the bait. Strong buying continued. The shareholders here realize the potential within this company, and I feel accumulation will continue. There is a lot of interest in this stock, and when PNLK has their Grand Opening, things will really pick up. Good Luck, and people when you see a price drop like yesterday of 25% in just a few minutes under strong buying, be careful, someone may be trying to bait you into dumping your shares so they can cover a short position. I am not giving advise, just my observation.... Good Luck, Robert