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Microcap & Penny Stocks : PLFM - Undervalued with great potential -- Ignore unavailable to you. Want to Upgrade?


To: TKB who wrote (2199)5/8/1998 2:25:00 PM
From: blessed  Read Replies (1) | Respond to of 9096
 
Hi guys,

Just thought I'd speak up to let all know I'm still here. Since we've picked up so many new, quality investors, who are doing such excellent DD, the need for my posts has subsided. The 300K in question earlier, was an initial deposit on the 3 million invested. Old news now. Things are going great at this point. Naturally, as time goes by with no news, some will sell, price will gradually fall, but not of any significance. This is investing. Do I believe that good things are coming up? In the last 2 days, I have placed buy orders for 200K shares each day. But so far, my price has not been reached. I am a patient person, so I will wait for the MM's to make a major push to shake loose shares. Just like last Friday, when the price was pushed down from 1.905 to .48, I expect something similar to happen again. As a MM, if you can buy at .60, sell in the very near future for 1.60 on news, you would be foolish not too. This type of action, while hurting the novice investor who sells, will not have any effect on the longs who ride it out. As many here have pointed out, you haven't lost anything, no matter what the current price, until you sell.

For those of you who really aren't familiar with me, I have been here for quite awhile, holding over 100K shares. Since back at .15. I'll still be around when we have our first shareholders meeting in August. Hope to meet you all in person then. Great job on the posts, lets make this board the pride of SI. Happy investing.

Blessed