To: Steve Rubakh who wrote (4324 ) 5/15/1998 1:17:00 PM From: Scott H. Read Replies (1) | Respond to of 8242
Hello all: I have been lurking here for a few days and just signed up with SI. I want to thank everybody for the posts and information provided. What a difference from the Yahoo boards. I started watching PNLK around 4, then watched it start climbing past 6, 6.5, 7, 7.5 and finally bought in at 7 5/8 thinking I would miss the boat. The only thing worse than panic buying is panic selling. Anyway, I was tempted to buy more yesterday and held off, hoping for a day more like today. I just averaged down at 5.09, but kept more cash available in case it dips. I guess I should thank Chatfield and Dean, or some other MM for driving the price down to an acceptable buy level. I firmly believe in the PNLK concept, and I think they will start to spin some heads with their product. I plan to sign my wife's company up (we import art work, hand made greeting cards and other traditional crafts from southern Africa)this weekend. It's a no brainer - I get a business write-off to sign up, which in turn gives revenues to the other company I own - PNLK - plus I get to potentially expand our import business. I have a few questions for those who have been here longer. 1) Are there any indications that PNLK will apply for full NASDAQ listing? IMO, any announcement that they are going to do so would answer any doubts raised by Chatfield & Dean about the financials of the company, and would provide a tremendous boost to the stock. 2) The investor packet says that about 7.7 million shares are freely trading, and there are 37 million outstanding. Does anyone know who owns the 30 million shares not trading (I assume company insiders), and are there any restrictions on their trading? Thanks in advance. I appreciate all the posts. Can't wait to see where PNLK is 6 months to a year from now. Scott Haase