posted
I think the only update coming soon will be the reverse split date. This stock has been a total waste for years. The only thing growing is the huge OS, well over 8,000,000,000 shares and growing. Have you seen how make shares are available at .0005 ? Plenty available well into next year. The R/S should happen well before the .0005 ask is gone
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quote:Originally posted by hoping987: I think the only update coming soon will be the reverse split date. This stock has been a total waste for years. The only thing growing is the huge OS, well over 8,000,000,000 shares and growing. Have you seen how make shares are available at .0005 ? Plenty available well into next year. The R/S should happen well before the .0005 ask is gone
Once again please post your DD that indicates you know of this R/S. Or is your post merely speculation?
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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posted
I'm sure it's all speculation. But I agree, it's coming. I just hope the strategy behind it is sound, and that it's on a strong upswing.
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posted
TLC... Totally lost and confused. I have $1200.00 in this, at .0005 I am down $700.00. What would you do at this point. Any responce from all will be appreciated.... TLC with all facts and rumor's. The reverse split talk is a major concern. Should I take the loss and move on?
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You may not enjoy this lecture, but I'm going to give it, anyway... I hope you don't take this as harsh or unfriendly, but you don't know what you're doing...or, more specifically, you don't understand the play.
Whether the loss is significant doesn't matter: either you can afford it and it's no big deal, or you can't and all you have left to trade with is the $500. Either way, you should never play anything you don't understand: not only *why* you're playing, but also having your exit targets firmly in place *before* you buy...
That's why I say it doesn't matter--if you exit and take the loss: a) if you're still in good shape to keep trading, you can make up $700 b) if you've lost over half your capital, you can save up and trade again more easily now than if you incur further losses.
Either way, you should stop trading for now and study more so that you're able to formulate the various strategies you're going to need to be more successful, later...
best wishes
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Tex, Thank you.. I agree and need alot more understanding at this. I have learned to paper trade after I bought this stock and appreciate your advice. I will sell tomorrow and continue to read this board and learn more. Thanks alot.. You are one of the poster's I trust with along others.
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posted
well, you have a long weekend to reflect...
if you decide--on your own--to exit, then have a plan AND a reason...write it down.
For instance, if it pops a little after you're out, you can live with your decision. What if there's news Monday morning? see what I mean--now that you're considering selling, be an assassin...have your sell planned as best you plan it, at this stage in your development...
One more suggestion: keep a journal...thoughts, notes, plays... what you're really stalking is *yourself*
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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icanman...Is it worth your $$$$ to spend 1/2 day over the weekend doing extensive DD on this stock??? I am staying in...the main reason is Turek has to get this to at least .03 before he can R/S to get to the AMEX...or there is a huge short position and he has been buying back shares at these prices since November...Someone has been accumulating a bunch of shares since Nov.28th...
Go back and DD this stock...For most folks that have been long they are betting on a squeeze play...I'm not telling you to buy or sell but I am saying I'm in for at least a good run/squeeze...
quote:Originally posted by icanman: Tex, Thank you.. I agree and need alot more understanding at this. I have learned to paper trade after I bought this stock and appreciate your advice. I will sell tomorrow and continue to read this board and learn more. Thanks alot.. You are one of the poster's I trust with along others.
posted
Short position, buyback ???? Give me a break, that's the biggest BS con game used by all the POS companies. I can't believe anyone still falls for that BS, go back and do your DD and you'll find those lines have been used for years. The only way this will ever see .03 will be by a huge reverse split. Of course then you'll loss 80% or more a few days after the R/S then the dump game will start again.. and again .. and again...you get the idea.
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If you look at hoping's post you will see what Tex said about having a plan of attack. LOL (Not suggesting you should post like that)
I'd stay out of the subpennies if I were you until I had a year or so experience under my belt. Lots of BS from the companies and the posters when you are in sub land.
Course....I didn't do it that way....Course...I lost my freshman 50 because I didn't. (50% of my portfolio)
Good Luck to you!
BF
-------------------- No longer eligible for government service due to lack of tax issues.
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posted
You've been posting since March 16th and all your posts, every one, have been attacking PLNI...You have not posted any other stock...What's your deal? Please post any links...proof you have of the "huge" reverse split you've been claiming...If anyone is here to con anyone it's you...Are you a PLNI shareholder?
quote:Originally posted by hoping987: Short position, buyback ???? Give me a break, that's the biggest BS con game used by all the POS companies. I can't believe anyone still falls for that BS, go back and do your DD and you'll find those lines have been used for years. The only way this will ever see .03 will be by a huge reverse split. Of course then you'll loss 80% or more a few days after the R/S then the dump game will start again.. and again .. and again...you get the idea.
posted
The only way to learn is with real money. I lost 80% of my portfolio last year(my 1st year of trading) but I figured if I traded with paper money I wouldn't trade with the same mannerisms as I would if I used real money. Its kind of like playing poker with fake money then going and playing with real money.Its a whole different ball game. This year I am up 300% with ETIM alone and my others are holding steady instead of tanking like last years stocks. I found if you make a watchlist of 20-30 stocks that are often talked about on this board and just watch them everyday you will find patterns of which stocks go up and down and which ones hold steady with an occasional pop etc. You should also read Press Releases and follow some of the posters here. There are actually quite a few here that know what they are talking about and some that are just bashers. It is your job to read this message board every single day and find out who gives good advice and who doesn't. But just remember know one is right all of the time so that is why it is essential that you do your own DD. I am still learning and I have no clue how to read charts yet or do I even understand what all these filings and outstanding share numbers mean but just by watching this board and my own watchlists I at least have some investments that I am confident in and I am not losing my ass anymore. Good luck everbody.
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posted
Big, the good news is this will probably close at .0005 for many months. There looks to be a never ending supply of dump shares. The bad news is the reverse split that everyone says is coming will result in investment loses of 80% or more. Lets face it, all those posters comments about this being a POS, SCAM etc.. can't all be wrong. After all, this crap has done nothing but go down for years and for good reason.
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quote:Originally posted by hoping987: Big, the good news is this will probably close at .0005 for many months. There looks to be a never ending supply of dump shares. The bad news is the reverse split that everyone says is coming will result in investment loses of 80% or more. Lets face it, all those posters comments about this being a POS, SCAM etc.. can't all be wrong. After all, this crap has done nothing but go down for years and for good reason.
Hop: I am not sure how you got hurt by this stock, but the only place you post is on the PLNI thread and all of your 11 post are here. Maybe some therapy will help you to let go
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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WOW, what a dump today. As expected bid tanking again, guess the run is over. No surprise, maybe the word is out about the reverse split.
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quote:Originally posted by hoping987: WOW, what a dump today. As expected bid tanking again, guess the run is over. No surprise, maybe the word is out about the reverse split.
Are you claiming to have inside info about a R/S Or are you just speculating about things again??? Just let it go you will feel better in the morning.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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posted
Big, smart move dumping before the reverse split happens that everyone keeps talking about. Maybe you can buy back at .0001 in a few weeks/months if the R/S doesn't happen before then
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