Plandai Biotechnology Inc (PLPL)

[Iwasbornpoor]

The company likely plans on waiting for a high price only to unlock those restricted shares and make money

[getredneck]

3 day weekend, profit takers.

[price_and_volume]

What makes you think they'll "post news"?

When will they actively start posting news for their investors ?

Is there any reason to believe incoming RM will care about shareholders?

Typically they don't... and new SS makes me think, "probably not".

Maybe you've heard something different from a good source?

My expectations: Restricted will be converted into Preferred, then they'll file for RS.

I guess we'll all see over time.

[marylandstockguy]

Haha yes....of course. We need to see what San Global has up their sleeve though before we can find out if that's possible. Still think it's a worthwhile play here.

[BigBadWolf]

Hell(o) every million $PLPL shares yields $10k @ that pps
if & whenever.....there is Deliverance of....

[boston127]

OK. Would you accept .01?

I have seen absolute garbage go from .0001 to .01. It always goes back to .0001, and then gets delisted. But, pure garbage. Let' shoot for .01.

[BigBadWolf]

New off road vehicle the $PLPL 4x5
Company needs to communicate w/ & deliver the goods
GLTA

[bri123]

Big boards are burning to the ground today. Hope that money comes into OTC's !

[marylandstockguy]

5 cents is almost impossible to imagine. That would mean beyond belief success with the current share structure. Yes, most of the shares are restricted, but it would still mean a $2.2 billion market cap with the restricted shares included. Doesn't mean we can't have a great run from here, but 5 cents? Geez...I dunno.

[boston127]

Got filled today on my BID for 5s.

I also have a BID in for 4. I'm glad I'm getting filled but would prefer selling some at .05. That day will come if the company is as good as we believe.

[torontoasian]

Plandai Biotechnology Telegram

https://t.me/otcPLPL

[BigBadWolf]

the bidwhacked 5s today over 90m+ were put right back on the 6 ask. Trade sheet verified

[marylandstockguy]

I know....it's very difficult to time it. I would never flip everything either - maybe half? It's risky for the reasons you give.

[bri123]

Honestly, I have never tried flipping, but was thinking about it yesterday. But I am always worried the company will put out news, and then I won't be able to re-buy it without chasing the price on its way up, which never works out since you don't know where it will top out.

[marylandstockguy]

That's what I'm wondering too. If the bid size is massive at 4, those are people hoping for a 50-75% quick gain - just like the ones who bought at 2s and 3s got. That could keep happening for all we know - stair-stepping upwards. One thing seems very possible - that this one could be ripe for flipping between, say, 4-7, because the company has remained secretive.

[bri123]

Probably flippers that want to sell them at 6 or 7.

[BigBadWolf]

Basically 12 to 1 Sells to Buys Company needs to spur the interest once again. Patience does not exist in the OTC. By the company Under Promising & Over Delivering then some can begin to believe in PAYtience. Then there's a chance for pps sustainability w/ increases

[marylandstockguy]

This brings us back to a new streak of 1 - trading days in the 9-figures. Not the way we wanted it today, but the interest still seems to be there. Someone is buying all of these 5s that are going off.

[torontoasian]

When will they actively start posting news for their investors ?

[bri123]

Yep. Lots of shares to go around.

[BigBadWolf]

sadly happens after 80m+ are dumped on the trip 5 Bid as the Ask grows & continues to grow
https://ih.advfn.com/stock-market/USOTC/plandai-biotechnology-pk-PLPL/trades

that dumping increased 10m + more even as I was writing up this post

[bri123]

Bid size thinned out a lot. People are moving their buy orders down to 4.

[JMC$]

PLPL Overall Average: 80% BUY
https://www.barchart.com/stocks/quotes/PLPL/opinion

[BigBadWolf]

Appreciated https://club.ino.com/trend/analysis/stock/NASDAQ_PLPL
6.5m dumped @ 0005 & instantly placed @ trip 6
https://ih.advfn.com/stock-market/USOTC/plandai-biotechnology-pk-PLPL/trades
w/ 5m selling/trading off @ 00055 then immediately put on the ask now causing the 6 ask to exceed yesterdays Ask size

GLTA

[marylandstockguy]

I hope you're right! To me it's worth hanging in there for a long time to see how this plays out with San Global Dining. Enjoy another beautiful weather day everyone.

[boston127]

Cannot print screen or post a link.

I cut and paste the info below from Schwab.

Trend Analysis

PLPL appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
As of 3:58 PM ET Wednesday, 05/22/2024

Momentum

Momentum for PLPL is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.
As of 3:58 PM ET Wednesday, 05/22/2024

Volume

Today's volume was heavier than usual, trading 87,851,197 shares, versus an average of 47,842,460 shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers. As of 3:58 PM ET Wednesday, 05/22/2024

Volatility

Bollinger Bands® use standard deviation of closing prices around a moving average to measure volatility. Presently, the Bollinger Bands® for PLPL are of a normal width, and signal that volatility has been in-line with the norm for this stock.
As of 3:58 PM ET Wednesday, 05/22/2024

[bri123]

Definitely need news to go somewhere good. An ~8.1B float does that.

[bri123]

Yep, it will. Slow and steady increases are the best. After tomorrow, next Tuesday would be the next rush of volume.

[jimtash]

And go right back down.

[jimtash]

Pay attention to the bid and ask. You can have all the volume in the world. Doesn't mean squat if either keeps refilling. It won't go up organically. It needs news. Especially look when one tick is missing. .0005 bid and .0007 ask simply means someone is selling and reloading. Over and over.

[bri123]

It should perk up tomorrow.

[BigBadWolf]

UR correct 6 days of…
Date Close/Last Volume Open High Low
05/21/2024 $0.0006 556,925,300 $0.0005 $0.0006 $0.0004
05/20/2024 $0.0004 259,157,600 $0.0005 $0.0005 $0.0004
05/17/2024 $0.0005 139,623,900 $0.0006 $0.0006 $0.0004
05/16/2024 $0.0005 546,204,300 $0.0005 $0.0006 $0.0003
05/15/2024 $0.0004 550,983,000 $0.0002 $0.0005 $0.0002
05/14/2024 $0.0002 235,480,800 $0.0004 $0.0004 $0.0002

[Iwasbornpoor]

Still need a billion everyday

[marylandstockguy]

The streak of 9-figure trading days ends, I believe at 6 days (looking back, I think it started last Tuesday). Still decent volume, and she's hanging in there at 5/6. I wonder if trading will get quieter as we head into Memorial weekend? We'll see.

[BigBadWolf]

Not seeing that currently in my Schwab account(s), link would be appreciated, thanks
perhaps after todays
https://ih.advfn.com/stock-market/USOTC/plandai-biotechnology-pk-PLPL/trades

hopefully the time is near

[boston127]

PLPL is in a strong bullish trend.

"Its 200-day moving average is upwards sloping and the MACD histogram is above 0. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500." - Schwab

[boston127]

Got my BID in for 5s.

May have to grab some 6s before the end of the week, it the 5s never come through.

[BigBadWolf]

Who do you call to Break Down that $PLPL Wall

& like magic

[zombywolf]

Not if you put him where I did. Didn't even know or care he was back as a result.

[BrassBalls420]

Can hit 9 2day -GL

[bri123]

7's ! Yay !

[CoachT]

Pre-Market Ask @ 0.0007 on E*Trade

[bri123]

That would be sweet. We briefly had 7s on the ask yesterday, so, if not today, then definitely tomorrow.

[boston127]

Do we close at 7 today?

With a strong bid at 6, on our way to .05 in 30 days?

[marylandstockguy]

Uggggh....I figured he'd return. Oh what a joy....we desperately need more of that in our lives. There's a real shortage of that these days.

[zombywolf]

Oh he has been here long before you got here, lol.

[TRADER99]

And most likely another 5 more coming lol

[boston127]

Some corrections. PLPL is UP 200%

since the begininning of the year

- PLPL is UP 63% ABOVE 20 day SMA
- PLPL is UP 176% ABOVE 200 day SMA
- The market cap is now $3M - $5M, based upon today's closing price.
- The company's assets are $18M.
- There are 9B OS, not 49B.
- The company has revenues, very different from other OTC stocks.
- The company has been in business for many years.

[Kool Aid Man]

Holy crap...11bn A/S now 50bn with 49bn O/S up from 9bn?!!! And people are happy with this?

[Kool Aid Man]

Still no EV Hotel per 2024 Google satellite..."Mr Dior" wuza big fat liar