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


To: mark g who wrote (2515)2/4/1999 10:23:00 PM
From: Chris O'Keefe  Respond to of 3171
 
Well folks, I haven't followed the thread for about 24-hours, so tonight at my PC I read the last 40 posts or so...

Wow. Can you imagine the physical and emotional roller coaster I have just been through? Talk about a head-fake, MMs don't even know what a head-fake is compared to this strange reverse-spilt-is-on-now-is-off story!

Here's the deal with how I see all this: I bought my first shares of PLRP back in September '98 and averaged down as I really loved this stock. I always spoke highly of it, spoke in praise of Dave Calkins and, in general, was a pro-PLRP kind of guy.

Finally, as the year ended and good stuff I was expecting didn't happen (and appeared less likely to happen within the time frame I was expecting), I sold most of my shares. That was several weeks ago. I felt very bad about it like I was giving up on Pacel. Still, I did retain 10,000 shares so I could keep good old PLRP on my radar.

With today's "news" (or faux-news--it doesn't matter to me, it's inexcusable, IMO, what Calkins attempted), I want you all to know I am ashamed to be a PLRP shareholder. Tomorrow I will sell my remaining 10,000 shares and be done with it. I apologize to all and anyone who got involved with this stock, or stayed with this stock, on account of my positive posts. I really don't know what to say, I'm kind of dumbstruck and numb.

Believe it or not, this past five months (the Pacel period) has really taught me alot. And the people here have been awesome. I've made some online buds and it has been great.

My heart goes out to the two people I know who follow this thread and have x00,000 shares. If a 1-20 RS ever does happen (it may, it may not, I don't know) there will be about 1.2M Outstanding. Not bad, a low-float rocket might be in your future.

My thinking, however, is that regardless of whether this RS was real or not, it was a mistake that should never have happened. Imagine going into surgery and the doctor is holding a pair of scissors. He says, "Ooops, not these, I guess I need a scalpel. No harm, no foul, I have a scalpel now..." It doesn't matter if he has a the right tool now, he's probably spooked you into paroxysms. I'm not sure if Pacel has "spooked" me because it's been a long slow story, but this date sure is over, I'll tell you that.

Well, if there is another song, Colleen, I guess it would have to be to the tune of "Taps," eh?

Best regards and good luck to all,
Chris O'Keefe