An attempt to prove a show of strength backfires on Mr. Pumpy the Promoter

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An attempt to prove a show of strength for so-called "strong longs" backfires on Mr. Pumpy the Promoter. In the Raging Bull posted message below, Mr. Pumpy listed 17 individuals that he labeled "straight up longs" of PLNI stock.

What is wrong with this picture?

It seems that Mr. Pumpy did not include the name of jmhollen, the main promoter for PLNI and a "good friend" of Mr. Pumpy, unless, of course, one of the 17 aliases listed by Mr. Pumpy is one used by Mr. Hollen. Maybe Mr. Pumpy finally read the report published by the_worm06 Research Department on this blog describing the 3.5 million PLNI shares sold into the market by Mr. Hollen, while he was pumping and hyping the PLNI stock (http://snipurl.com/kwrs). Some of jmhollen's past relationships are described here: http://snipurl.com/mui9 and http://snipurl.com/mui8.

In addition, several of the 17 aliases have been consistently selling their PLNI shares, either by selling a majority during the recent months (as many as 25 million shares just in February alone), or by "swing trading" every week since the beginning of summer 2005.

The bold italic descriptions below have been added to Mr. Pumpy's posted message to describe the known instances in which individuals have been selling shares into the market. These are only the "known" sales, but how many more of these 17 people have also been "swing trading" the PLNI stock? - after all, Mr. Pumpy is known for his TA analysis of stocks, which is often used for short term trading.

How sad. How very sad indeed!


http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=45176


By: rrm_b4u
22 Feb 2006, 08:36 PM EST
Msg. 45176 of 45216
(This msg. is a reply to 45166 by plnicheerleader.)
Jump to msg. #

After 8 months of incessant bashing, alias changes, and skin shedders, the strong longs here really don't know who to trust. I can tell you this... the following aliases are straight up longs (who may flip a few shares at times for profit) IMO.

Downdraft

Chopper - Admitted to flipping the stock all along.

GreenbayPackers - Admitted to selling 15 million shares into the market in one day in February, 2006.

Woogie_down - Admitted to selling a majority of his shares at least five times since July 2005.

neztime

near_survivor - Admitted to selling shares during the month of January 2006.

designengr - Admitted to selling 2 million of his 3 million shares in the last 2 months.

bullishforplni0 - Admitted to selling all of his 10 million shares on February 2nd and 3rd, 2006.

jack47wd

Molson_Ice

off2theraces

KG4

seapick

oldno7

bones712

popajay

bearclaw - Admitted to "swing-trading" PLNI shares by seling several times per week since May 2005.

There are others I've left off the list I'm sure.

If you are long and have questions of the above longs or issue with them, then you need to reevaluate that. Start fresh and understand the unique place you've dropped into.

rrm

(Voluntary Disclosure: Position- Long; ST Rating- Hold; LT Rating- Hold)



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