Plandai Biotechnology Inc (PLPL)

[Aston Martin]

Well, why should they? 'Accumulation' of 200k shares? By insider? Bloody stupid they would be if they have such options only by 160 millions shares outstanding. I believe many sell and some buy at this level. I am always astonished after 20 years of pennystock speculation, that still some people really believe that insider buy low just some 100k shares. Reality looks different (after I have also been talking with many pennystock CEOs in the past:) This argument exists by pennystock gambler only to keep interest in the stock and to make seller come back. Fact is: PLPL management can receive options for .05 even at a market price .10, because they just argue that they support the company and so they have the right to receive share options for a lower price. So, also this makes clear that there is no need for them to 'accumulate' at current low price level.

However, we do not know where the bottom is. Just the fact, that we are at years end might help: Pennystocks with bad progress always have a little bottom at the 31st of December and might increase again in January. But such little rebounds do not promise anything - often the stocks goes even lower in february/march.

I would also buy at .01, but not now. Much too risky. If the stocks forms a new bottom at .07, this would be a signal. But we are getting fare away from .07