the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Wednesday, January 11, 2006

[PLNI]: Mr. Pumpy and the Massive PLNI Share Issuance

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After months of blaming the evil naked short sellers, Mr. Pumpy finally admits that adding significant amounts to the PLNI common shares outstanding would cause a huge decline in the stock price per share.

The PLNI stock price has declined 67%, from $0.019 on August 24, 2005 to today's $0.0062.


http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=30809


By: rrm_btdt
11 Jan 2006, 05:08 AM EST
Msg. 30809 of 30880Jump to msg. #

Longs:

Be aware that it appears that there are many posts from the bashholes suggesting / predicting PLNI movement to .005 before Friday. Nominally that tactic is used in advance of a shakeout push. All longs should be aware and watch MM action closely today. If VFIN sits on the Ask again all day and undercuts the Ask, I expect the "this is the dump portion of P&D" basher comments to be prolific, and them to attck me for posting this.

Recent bashhole posts have "guessed" that PLNI has increased it's O/S to 3.5B from the 2.3B shares listed on 12/07/05. Adding 1,200 million shares would have caused a huge decline in PPS. However, in the last month, PLNI is up over 70% from its lows and higher than it was a month ago.

We all know what the bashholes are up to. Keep your perspective and let's hope for news this morning.

You may now attack this post bashers...

rrm




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