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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: May Tran who wrote (17514)4/29/1999 9:35:00 AM
From: Bryan  Read Replies (3) | Respond to of 40688
 
Yeah...it's great but unfortunately it seems that unless the net stocks show superb exponential growth, they get tagged. I believe we are going to see a major reversal in some of larger net stocks. Whether this is good or bad for PNLK....I'm not sure. ProNetLink is building a good foundation for future growth, so the long term prospects appear to be outstanding. However, short term speculation in the company stock is a bit disheartening to investors that bought into PNLK late on the upward momentum and had to watch profit-takers and MM's push the stock down from the highs.
The April update shows progress, but it will likely take several months before PNLK lands 'new customers'.
Trial membership shows interest, but no committment.
I still want to get back in....but alas, I have not seen what I believe is the right level to pull the trigger. Still think we will see $2-$2 1/4 again. If you think about it, it could be healthy for the stock to retrace before the next wave up. Not speaking from a short positioned point-of-view. I don't short stocks. But it seems as though there are still weak longs that need to get squeezed.....then we could see another explosive move up.