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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we? -- Ignore unavailable to you. Want to Upgrade?


To: Chris O'Keefe who wrote (2010)12/4/1998 4:43:00 PM
From: Provocateur  Respond to of 3171
 
I think it will be a very important step once PLRP becomes reporting. If for nothing else, than the symbolic worth of Calkins coming through with his promise. So many BBs make the promise, but fail to follow through. As for today's movement, it was very nice to see an upswing on the 160,000 in volume. While the volume is more than we have seen in a while, it still isn't that much. So it is a good sign IMO. We must wonder why we have rebounded. I think part of it is due to the speculation regarding an upcoming news release. It also is probably due to some more buying. But I think we must also consider the fact that perhaps the big seller/s (convertible holder/s)who has been dumping up until now has temporarily backed off, maybe looking for a better price. We have to remember he also needs decent volume to properly conduct his business. I would guess that the seller is still sitting on a large number of shares (whether or not he fully converted). Hopefully, whoever it is will work with the company to increase the healthiness of the stock's price.

Prov