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To: James Simonick who wrote (10802)3/2/1999 9:55:00 PM
From: Americo Burgos III  Respond to of 40688
 
James, first off please fix your carriage return. It goes clear across the screen and makes it hard to read. Here is a 3 month period of PNLK stock/volume quote along with the Bollinger Bands. Notice that when the bands began to come together in January the price of the stock increased. Throughout Feburaury the bands were separate.
Looking almost like a wobbled bubble. Toward the end of February the bands were beginning to come together which, in theory, means a possible increase in price. You can play with the settings and compare PNLK stock with SMA 200. Compare the average to the Russell 200, Internet, and so forth. I am not an expert on reading Bollinger Bands. I only know what to look for myself and the principles don't always predict equity activities. (There are too many market variables actively influencing the price and volume for that matter).

bigcharts.com

Didn't mean to make this long but that's why I posted yesterday my P.S. message that the Bollinger Bands are starting to tighten.




To: James Simonick who wrote (10802)3/2/1999 10:24:00 PM
From: Americo Burgos III  Read Replies (2) | Respond to of 40688
 
I forgot the most important thing I wanted to say about the stock price. We had news yesterday which was very favorable. NO ONE COMPLAINED THAT IT DID ABSOLUTELY NOTHING FOR THE STOCK PRICE. It seemed nobody really was concerned about it yesterday. There was a time in the distant past when this same scenario would occur, news and no price increase, and there would have been a major riot on this thread. That is not an exageration. We lived through it.

There is a great sense of calm and confidence in PNLK. You ask, "Is anyone that is nervous about this price drop watching the buy/sell ratios?". There is not a price drop. The base has increased and has stablized to around $1.50. I remember clearly the .75 cent bargain basement days. No, I am not concerned about the price.

Didn't mean to ramble on but I noticed that yesterday about the thread. GO PNLK GO!