Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Terry T. who wrote (2047)	12/10/1998 5:22:00 PM
From: Provocateur	Respond to of 3171

Yes, I was glad to see the volume shoot up from 9K to over 200K. But I am also a bit surprised to see the MMs so willing sell their shares for .055. Prov

To: Terry T. who wrote (2047)	12/11/1998 2:08:00 AM
From: Chris O'Keefe	Read Replies (2) \| Respond to of 3171

*Off-topic (I think)* Sorry to be a damp rag, but this stock has been depressing the hell out of me lately. No doubt that one factor is simply that other stocks I follow--and sold so I could buy some more PLRP--have gone on to great heights. Boy, that will take a toll on you psychologically. "Diversification"...what's that? However, in spite of all that, I had a good chat today with the 5% man, the PLRP-fan whose share count is around 500,000. He bought some more shares today. I confess my spirits were picked up from my talk with him. For one thing, he had me consider the chart on GGNC. What a ride that stock has taken in the past few months. First it's at $1, then weeks later it's at .14, then in a three or four day period (just recently) it goes as high as $6. Just incredible. I later got to checking out some other stocks that have had amazing climbs and I got to realize that even though the days are dark now, who knows if January or February or March 1999 will be one of those miracle months for PLRP that OTCs sometimes have. Also, Pacel is really only one or two major contracts away from being very successful. People are waiting for news that says Pacel is selling its product. We just got to keep waiting for such news, but it does strike me as highly likely it will happen someday. So indeed that kind of reflection has lifted my spirits. Anyway, I wanted to mention that in my recent conversation with Calkins I asked him very open-endedly, "How's it going?" as in how's it going with Pacel? His answer was that it's going slower than he had thought. The move to the new office, for example, will probably not happen until early February now. The builders have told him there's a delay. He was supposed to be in the new building already. So, at least he's being realistic with me in his reply. That's it for now. It's true I whined a bit in this post, but I'm feeling fine now. Long-term holding has not been easy for me. Before Pacel, I think my longest hold for this year was like three weeks (!). Well, take care all. Here's hoping for some news within a month or so to take all this "pain" away. Ciao, Chris