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Nevertheless I do not get those traders: They buy high in the evening an sell lower in the morning? LOL. so, thats the reason why I believe this is not accumulation, this are short games on low level.
"Trading starts as usual: Short seller try to scare out shareholder."
No problem to repeat this every morning as it seems to be the truth. Boring trading
do not hope to see it moving direction .40: This could activate stop los orders and could really harm the price. Some people, who still hold shares with big losses, might lose all confidence, will sell and do not get in again. It is not smart to wait for lower and lowr prices as this means the stocks might need some 100% to get back to 1.50 again. If you believe in PLPL you also could buy between .50 and .60....or , why don't you wait for .10?
Trading starts as usual: Short seller try to scare out shareholder.
This is not the real problem:
1. The problem is, they need many plants to win some extract.
2. They have to find extract dealers.
But before all this:
3. In case of Marijuana extract I assume the FDA will be much more demanding. Thus Plandai has to deliver many reports, results etc. which will take a lot of time. It is a difference to smoke pot or to get an injection etc. !
Ergo: Plandai will not sell marijuana extract before 2015/2016 IMO
A hpye is a hype - but reality is different.
Thus, not intersting for me as I want significant revenues in 2014!
Guess you all miss the point since Shively is involved. Pot isn't the story here, as a minimum not for the next 18 months. PLPL would have to buy marijuana to produce extract or has to produce marijuana by themselves - which will take a year and which need negotiations for as new plantage at South-Africa or wherever - and, last but not least - will produce debt of another 10 million for employees etc.
You guys dream the totally wrong story if you wait for revenues in 2014 at Plandai by marijuana extract. Get real! Plandai doesn't even have any allowance to produce anything with pot!
However, I norice that people will concentrate on pot at Plandai - which might kill the stock as nobody will get that the real moneymaker in 2014(if)-2016 will be tea extract!
I worry those members of the stockmarket, who currently take care for stocks like PLPL , are too stupid to get your reasonable arguments. On the other hand, PLPL did not deliver anything yet which makes a company run financially. I know many biotech stocks, which promise wonderful products and receive millions to develop those products - and did not deliver anything within a decade. Plandai is not much different in this case as Pythofare is an 10-years-old priduct of Plandai and Plandai has not been able to go public with this product ready for making revenues. This is typical and not too trustworthy.
So I am cutted into two parts:
The one half says, Plandai has some opportunities, included Shively and pot., the other half says, Plandai promises again and again since 2012 to sell Phytofare, but started - after Pythofare is 10 years old, with biotechnical and medical trials only within last 6 months.
So, some seriousity is missing for me, but, still seen as a well-traded pennystock. PLPL is an opportunity. But I still do not believe everything as making debt and generating revenues is still a big discrepany here.
Maybe my fault: I should not see PLPL as an investment but only as a pennytsock speculation without any longterm hopes. Still too early I assume.
I think longterm and that is where my arguments base on. It does not matter at which prioce someones buys inm this case, fact is: we are at the same price like 2011.
I am pleased to belong to this small number of speculators who can take volatility easily because they got in early. But this does not mean I am satisfied - as a longterm holder (!) - about zero changement in the shareprice after 3 years. Good for gambler, bad for investors !
My take: Plandai will be involved a bit in this Jamen-pot-story as Shively will try to find out how much the company Plandai could be used for the success of his company Pellicer. That is the reason IMO why became director of PLPL: pot extract by Plandai could be usefull for his stores.
Well, additional revenues for Plandai, but brillant future for Pellicer.
I do not like that Plandai talks about pot all the time now - also at South-Africa. I am not sure if this pot-hype could not turn into a wrong direc tion for Plandai finally. We should not forget that Plandai prepared a green tea plantage and not a marihuana plantage....and we want REVENUES nowq in 'early 2014' as promised and not another waiting period for pot revenues as PLPL has NO pot to sell or to extract !
Sorry, I hate pot!
3-year-Anniversary: .60 in spring 2011 = 0.60 in spring 2014. Ask myself why the listed compnay Plandai did all those efforts if the price did not change within 3 years. LOL
We are miles away from the zero beginning of Plandai in 2011 in South - Africa but - even by taking into account a higher OS - are at the same price level. Amazing.....
This happens at hundreds of microcaps/pennytsocks per day.
100 daytrader buy of PLPL( just one pennystock of several they trade per day) 3000 shares at .60 for $ 1.800 and sell this little bunch 15 minutes later for .62....they made $ 60. If they do this with PLPL three times a day they made 180. ....but ONLY with PLPL. But they also hold several of other pennystock positions per day. They trade those stocks every minute and make, let say, $ 500 per day - and even more at good days. That's 10.000 per month.
So, if they buy and sell to each other PLPL several times per day....ergo: you have got a daily trade volume of 300.000 shares and more.
That is how it works. Daytrader are not interested in big movements - they keep positions - sometimes very - short time only - they trade fast and make small amounts - which makes a big one at the end of the trading day.
As long as PLPL is in this stage of progress longterm, shareholder should have enough nervs to take this movements.
Good decision by Plandai! It proves that Plandai understood the problem, that US Investors might not feel able to follow the progress of Plandai at South-Africa. Thus a new independent auditor is a reasonable and very clever decision. Plandai wants to be transparent and IMO - that is VERY trustworthy and should stabilize investors faith in Plandai, in its progress and in its products.
For me a rweally good news - even it is nothing about progrsss. But it is very important for such a microcap. Hope the stockmarket gets this !!! And last but not least: It will make it more and more difficult for short seller to play their games here !!!
Astonishing low interest in trading CPFI by taking into account the latest merger news
"The company says the final results from what will be a "three leg" clinical trial should be available in July 2014."
As I said, no revenues before fall.
Amazing: Phytofare shall be a product in progress since ten years............ and now Plandai releases the beginning of tests! What is this?!
A very intersting remark! I also have been astonished that Plandai does not release more contracts etc. I ask myself to whom Plandai is going to sell ? Until now the company does not seem to have significant dealer. On the other hand, we do not know with whom Plandai negotiates. But as long as dealers can't try a ready tested product as long there will not be significant sales.
"Early 2014" is gone! I now daily wait for a news release which says that Plandai has been delivering first quantities of Phytofare to dealers !
This would confirm that first Phytofare-revenues will have been made before June. PLPL has to deliver now - have been reading enough releases since 2012 now which proved that revenue deadlines have been missed since , as a minimum, 1 year.
However, pleased to see that debt has been reduced and revenues of $ 400.000have been generated. Not much, but a beginning.
With regards to past release in 2012 PLPL promised revenues in 2013 already. I was very astonished to find out in 2013 that PLPL still has to make experiments to find out the potential and the real medical and biotechnical value of Pythofare. (IMO this is typical for the big mouthes of small companies - pity but daily reality). Thus I have to say this has been a unpleasant and very incorrect misinformation by Plandai in 2012. End of 2013 Plandai has been thrilled about revenues early in 2014. As we are in May 2014 PLPL should feel under pressure to keep their promise for 2014 - as a minimum of keeping a promise within two years.
However, this is my take based on my understanding of the situation: Plandai will be able to generate first revenues by selling to dealer - whith which they have conracts already - end of this summer, maybe in August/September - if everything works without delays and without problems.
Those revenues will still be small , not to be comparable with those 30 million $ PLPL promised in 2012 already for 2013.
However, after being long for two years now I will be already satified if this microcap delivers anything in 2014 which will stabilize confidence by potential investors.
I do believe that PLPL will deliver, but it will by much less than they promised.
Anbd, by the way, Shively/PLPL/ Pellicer will have an enormous bunch of competitors regarding pot. They might make some $$$, but IMO much less than all those pennygambler hope.
The world of real business is not the same like the dreamworld of penny gambler. And a microcap has even more problems.
However, all just IMHO
Hate to say it, but I am not interested in all this pot hype ! Now everybody concentrates on this idiotic pot story at PLPL althought PLPL has much better things to offer ! I worry the market misses the real story at PLPL - and this story has nothing to do at all with pot. Pot is just another substance to work with. I assume it has something to do with the presence of shively, so everybody starts to believe PLPL is a 'pot company' Thats simpley nonsense !
Well, I agree. This is the problem! I remeber those 10 million shares traded at one single trading day, of course this must have been coverage of failed short speculation,. But of course such volumes will not be seen anymore under normal circumstances. On the other hand: As long as a non-revenue pennystock is able to keep a price in such stable position (don't forget: PLPL has been between 0.05 and .15 for a long time) at such market cap, nobody should ask for wonderland prices. PLPL behaves very well - even I am sorry I missed to sell all my shares at 1.00. But now I stay for 12 - 18 months (if nothing goes wrong at PLPL) and want to be part of this story.
Buit, no doubt, PLPL will stay VERY volatile for the near future ! Amd, sorry to say this again and again: If PLPL does only deliver interesting news releases about a theoretically wonderful future - but no revenues - volatility will become long-term-program here !
As I said: Every day starts the same dump by and to help short seller. Bad manipulation. Pity but reality
Herzog will be let in peace - he is too old for justice. Pity! What a terrible lie again and again - justice.
WHO CARES ?
OS still 88.000.000 ? In this case a reverse split 1:10 might be possilbe. As I purchase 200.000 shares, they will have no value anymore after the split, even if the price goes up. The only winner will be, as usual with tons of private placements, the new owners.
I should not watch this anymore. I do not believe we will see a big change which will make longs happy. For us it will stay dead. Lost $ 32.000 here, will be happy with $ 1.000 and NEVER touch franchise stocks anymore.
guess you(T?)know PLPL well, thus I believe in your advice and hope for a great release.
I hope my big 'starter position', done in 2010 will finally be followed by some $ after it has been toilet paper since long.
Ups! Short got caught !Keep this friday in your minds - it will happen at PLPL again and again. Don't wear rose short-glasses
Happy weekend to all shareholder.
well, the document does not content anything but 'foreign entity'. We'll see and hope for something useful.
No SEC files about merger existing !
SO WHAT? BGMO is dead - even this is still a BGMO board - VSTA is not connected with BGM and Hillard is knocked out as BGMO is over.
'merger news'? Which merger news? no news at all at www.
very obvious: in the morning short seller put price under pressure, with everyl little receover short seller press it down again. Anotther effect will be tht people get scared and wait for an immaginary bottom - which can not be predicted 'properly' as long as short seller use buyer. As trading day immediately start with trade values of approx.$ 50.000 and higher, it is obviopus that professionals are short seller, small short seller like those at the board here, just participate with much smaller amounts.
But, however, also short position can be dangerous - and will be here!
interesting to notice, that every trading day starts with massive drops like someone badly wants this going down every morning. Possible short seller got caught by the rebound before and try everything to get it down again. Whatever they do these days, one day in future they will be hurted badly by strong news. IMO. Guess I will like this day just to see them fall on their little noses.
We think this is going to be short sellers nightmare. We will disclose more later.
this forum became speechless after months of exaggerated comments. Good to see everybody got back to realism.
comprehensible to me: some still try to reduce their losses they have had weeks ago by buying to high - and of course still an Eldorado for gambler.
Good news will act like a catapult, no doubt. Some will suffer even more after they notice they have sold too fast.
Well, not shareholders problem - man forges his own destiny.
I believe we might receive good news soon. Just hope that stockmarket does understand that while Eastern time thinks might have moved a bit slower. Just the silence by Shively himself and his pot-plans makes me wonder a bit.
rat fink shorts himself, that's why he knows
rat, of course...as everybody can see. guess you short - as can be seens as well.
Negationists did sell the bear's skin before they had killed it. This is also not the way to make money at the stockmarket. Extreme and arrogant thinking is always a bad advicer.
As much as I understand the past trading days there is still much confidence in PLPL - and this is what I need to see. Let's hope PLPL will be able to deliver a beginning of revenues soon.
Pleasing eastern for suffering shareholder - they owe this little turn around. hope some here did not just throw their shares out of the window but did accumulate. I didn't, but I still got tons of shares
GLTU