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For all those who are always negative: It makes not sense to be thrillerd about a pennytsock - mabye. But for sure it is a very 'reduced' thinking to be thrilled about negativity - as can be seen last days.
Nobody knows where a stock might go to. This is the only truth. Thus, IMO, Plandai is by fare not lost just because some short seller, MMs, weak hands and, sorry, for those who got in at the all time high as sold reasonable.
I do not know either where this stock will move to - but the story is just in the beginning - whatever might happen - and due to this it is a great speculation with a lot of potential until one can say anything trustworthy negative about it.
We might end green today - hope so for a nice Eastern - this to all. Cheers
Quod erat demonstrandum ! Pleased to see I have been right.
the low volume I take as to be the end of selling pressure and reduced short selling. On the other hand people start to wait at the sideline to jump in if anything good might be released. One never can be sure, but IMO the pressure is gone and some people start with bottom fishing.
interesting, who places bit like 0.499988978675869 to win 0.00021
do not agree, but who knows. .30 is very below all progress since 2012 and would be ridiculous compared to chart movements in 2013. But who shall understand the stuipidity of stockmarket member. Nevertheless I think a bottom will be forming between .50 and .43. I believe the highs of 2013 will be the lows of 2014 as those 2013-highs might form a resistance - as long as 'unaccepted' news will not turn the wheel totally. We will see 1.00 again but it will take a real while.
However, as always IMO
no trades today?
Past two days not that bad !!!!
If the company are 'idiots' because they do not support the shareprice by a buyer as you say, I ask myself why they pay or paid promoter (if not to support shareprice to dump by themselves!) But as I do not believe that thy did dump. I think a company does usually not support a price by looking for a big buyer - it is not the function of a company to look for a share buyer but for an investor into their company - and this inevstors receives restricted shares, he does not buy shares at the stockmarket ! A compnay simply has to watch the move of prices - check the world of stocks and you will notice how many big caps do fall 80% like Blackberry, Nokia, many banks etc.etc.
With your frustration about the stockprice drop at PLPL you lose your objectivity! This will go up again, but it will take while now.
on things is clear 100%: One day - which day ever - the chart will turn - by news etc. - into the opposite direction that spontaneously andf strong- like it has move down spontenously from 1.00 - that short seller will be scared. Why? Because the interest in Plandai is by far not dead - and this is what shareholder can count on. A stock does not move up by millions of shares and down by millions of shares and than produces good news and revenues - and the market would not react at all. As I said, nervs needed - but today by shareholder, in the future by short seller. IMHO
BTW, the shareprice wants up, but MMs do not allow it - this will end one day as well. I would accumulate by and by. Again, just IMHO
rebound today? would make some shorties nervous...... even if a rebound would be small. We'll see
Permanent repetition of the wording 'pump and dump' does not prove quality of a discussion about this listed company. So I have to assume that some need to repeat this wording - of course only to warn us all. Thank you for this efforts, but I decided to keep my shares to be part of the progress of this interesting and IMO promising story.
you can't turn a negative pole into a plus pole. Waste of time. Such negative arguments are either calculation or fun to play devils advocat.
Is there anything which makes sense in this kind of trading? Yes No. 1 = manipulation. No doubt at all.
And those pump and dump propagandists here support this manipulation very obvioulsy
"Plandaí's first product to market will be Phytofare™ Catechin Complex, ........... Later in 2014, ......... the Company will begin producing Phytofare™ Limonoid Glycoside Complex...!
With other words, Plandai starts to sell in the first half of 2014. This would be my take.
First deliveries of products will prove to the stockworld that Plandai can not be called scam (IMO anyway not at all with regards to all news, connections, progress, financials and informations) - and this will turn the chart - until than having nervs will be a virtue.
tommer, the direction upwards is changed only by those who believe and accumulate or buy back or buy again with good news. But this is the problem: As long as the news by Plandai is not seen anymore as something significant as long manipulator influence the direction. So this is the point: Significant news is the clue! and significant news would be: word by Shively, enthusiasm by Pellicer about a promising future with Plandai, thrilling biotech results, and most oif all.....first revenues which prove that Plandai is a running company with a financial future.
Additionally, the cannabis hype has calmed down. Meanwhile I read negative voices (as usual after a hype - also always the same boring schemes) abiout business with cannabis as well.
This is all so boring , as it all can be forseen after a hype.
However, my words 2 weeks ago: people will have to show nervs now. But most don't and so I worry it might take some times until new believers will get in.
I doubt that those volumes, dumped in the past 10 days after the - a bit - promising sideward movement have been all in the hands of shortterm or longterm shareholder. After I have done my dd on short selling regarding PLPL I believe that naked short seller together with marketmaker are manipulating the shareprice.
But, whatever we might believe or assume, we have no influence on this and thus I decided after trading pennytsocks since 17 years now, that I finish my speculations with such stocks in future. The reason is simple: It is not about the money which one wins or losses, it is the enormous waste of time to watch those dirty games which have neither cultural nor human value. Games created by people who sit at five screens day and night and do nothing but manipulate people and money - this is what they are interested in all live - but never have heard at an opera by Verdi, never have tried to see a painting by Michelangelo live, never have studied the great architecture of Florence, never been watching an eagle for an hour.
Sorry, those thoughts might not belong to this board. But the primitivity of this kind of life those manipulator live, is not my life. I had the impression this could be said at such stockplace as well.
I hope all of you make some money with PLPL or are able to reduce losses. For me this is the last pennyplay - my decision after today. And, friends, I did not smoke pot tonight just a simple decision after nearly two decades of too much waste of time in thinking about making fast money.
Have a pleasent evening - nevertheless.
".....turn it into anything resembling an objective, reasonable dollar value." Plandai does not make revenues yet - which is known -, spends money for progress,biotech trials, promotion - which is known - and ask for loans - which is known. If the "market" really TODAY asked for 'dollar value' after the "market" has bought PLPL some three weeks before totally thrilled up to 3.00.....the market must be very very stupid!
There is criminal short selling and manipulation going on - even I believe that some marketmeber are not interested anymore in ANY news by Plandai. Those people might run out because they have burned their fingers because - IMO - they can not handle ANY pennystock and cause they do not know how to handle their greed the right way. My take
http://www.buyins.com/reports/plpl2-1-14.pdf
This is what is going on here: short and naked shorting as in 2012. PLPL has to suffer again by short seller as in 2012 !
20% naked shorted in Dec. 2013!!!
Guess how much naked short selling might go on past week already !
https://www.facebook.com/permalink.php?story_fbid=594105740637849&id=345262708855488
Highly criminal trading here.
Plandai shows definitively and steadily seriousness in its progress - one day the market will get this and panic to the upside LOL. My opinion of course
Panic, short selling, MMs - this good business story got a playground for the worst the stockmarket represents: greed, manipulation, stupidity, unability, naked short criminality. A pity that some brave have to suffer by this crap - while other blame the company for such trading. Well, always the same old boring bullboard story regarding pennystocks.................
the pics are current if you would have followed the development. I have been wondering as well about rosty metal, but I work with metal as well and I know that very often prepared big parts are stocked for months in wet condition. Plandai isn't a biotech laboratory, it is kind an biotech out-door factory.
However, if things will be seen negative they can always be seen negativ easily.
Those who got beaten here, have also been beaten a hundreds ther pennytsocks in the past. Or do you really believe those small gambler have ever been winners? If the bought too high - their problem. If they sold too late - their problem. If they are thrilled about a start-up like this start-up is a billion-reveneues maker, their problem. If the invest in a cannabis hype first time and can't handle any volitily, their problem.
To blame a company while have done all thosre mistake - well, this is the most simple and poor way to be blind towards ones own unabilities in speculation with pennystocks. Also....their problem.
Heavy dilution? Ok, tell me the real numbers, please.
Just a reminder: In all 2013 we have had 110.000.000 shares, based on the 10Q of February 2014. Additional restricted shares end of 2013 for this or that transaction = + 15.000.000 shares (= 14% dilution compared to all 2013).
Base on this informations, which are available for all, the dilution was just 14% (restricted shares). IMO nothing to be scared, worried or annoyed about. Compare to other pennies this is a very fair dilution of a still-'non-revenue' but well progressing pennystock.
How much, based on your proveable informations (source please) is OS today - in YOUR opinion. Thanks.
With other words: This post shall inform us all that you believe in 90% minus since all-time-high. Well, this information is marvelous.
Why a company 'sucks' because short seller, weak hands and trader destroy a shareprice of a volatile pennystock ? And what has Shively to do with this? Sometimes I think I should stop to read bullboards while a stock drops, contents are getting too ridiculous.
The problem are not such MMs, the problem is the law which does not work well or even does not work at all. As long as naked short seller can do what they want in any country in the world, as long naked short selling will never be stopped - especially in the USA.
The lesson from this is simple: Don't invest in pennystocks.....you will never buy a low-priced wooden chalet full of termites either if you know for sure you will never get them out, don't you? Ok, if you try to sell it before the new owner got the problem, you are the winner maybe. Well, as we are all honest: this is anyway how pennystock trading works LOL
Just a very primitive and childish addition – trying to be VERY conservative and a speculation with ridiculous numbers:
in $
10.000.000 tea extract
10.000.000 Cannabis extract
10.000.000 other pythofare products
10.000.000 value of facility and plants
Plus bonus:
10.000.000 Shively
10.000.000 Pellicer
All in all 60.000.000 minimum value. Anybody really believes those numbers above are much too high?
OK, well, however this is approximately the market cap of today !
Sorry, but I do not see anything at all ‚overvalued’ here – what I see is a blind, weak and stupid market.
I’ll have a wonderful trip with my early Aston tommorrow with a friend and will laugh a bit about the stockmarket included its lousy psychology
Have a nice weekend all.
A joke I created today:
A stockmarket speculator goes on holiday to Switzerland with his wife who would have prefered a white beach insteed of mountains.
Standing at the balcony at their hotel a permanent smile spreads across her husbands face while he looks at the deep wonderful green valleys and the enormously high Swiss mountains with beautiful snow capped peaks and glacier, still seen from far. His wife looks at him: „ What the hell do you like so much more here compared to the beach of Goa-Goa’
His replies: „ I adore this volatility!“
Hope you like it.
GLTUA and have a nice weekend
A little read (without any reflections on the current bloodbath - it is just a read):
Good Morning, Trader!
Yesterday’s rebound call was an easy win in a volatile market, so let’s see whether Plandai Biotechnology Inc. (PLPL) also has what it takes?
If you recall from the last time I alerted you to PLPL in early February (circled on the chart below), this stock can ride the weed wave to glory.
Traders who caught that alert clearly saw a 35% end-to-end run, not to mention intraday action galore!
Two months later, the PLPL chart has rewound to the point that this “cannabis biotech” now looks close to an oversold situation:
PLPL-latest.png
See how the RSI is right on the edge of 30 points, traditionally the point where technicians start thinking a stock has suffered enough?
And since PLPL is now right on the 200-day trend for the first time since January, it’s time to see whether that line can hold as support.
If the line holds and the “oversold” signals start flashing, PLPL may be more than ready for a little breakout bounce!
Don’t forget, the promise of legal weed and new medicines pushed PLPL all the way to $3.12 just a few months ago! (Read more)
The fact is, this is still a $100 BILLION business and “growing” day by day! (Read more)
Unlike a lot of pot plays, PLPL is still liquid enough for small-time traders to have some fun! Check out that turnover!
No wonder! PLPL is hooking up with incredibly ambitious people with the muscle to build a truly integrated medical weed empire.
This guy was a product manager at Microsoft and wants to be the Bill Gates of marijuana, maybe even capture as much as 40% of the global pot trade. (Read more)
And he picked PLPL to make the super-high-grade extracts that will roll out under his brand! (Read more)
Imagine buying the Microsoft of ANYTHING back when it was still trading at well under $1 a share!
The imperial ambitions are clear. PLPL makes retail herbal extracts full of good stuff: lycopene, citrus , green tea. And yes, cannabis. (Read more)
Their edge boils down to unlocking the “bioavailability” of any molecule to turn a healthy snack into more of a medical product. (Read more)
Cannabis is a molecule that hasn’t really been crunched and claimed by Big Pharma yet for obvious reasons, so PLPL can actually go toe to toe here.
Yes, they want to take what they call “cannabinoid” drugs to the FDA! But it’s how you build a $98 million market cap from zero! (Read more)
So far, so good. PLPL is actually testing its extracts on humans under the watchful eye of the FDA, God and everyone. (Read more)
If the FDA turns up its nose, PLPL is a little special for being shielded from the vagaries of U.S. drug policy -- unlike a lot of pot plays I could mention!
PLPL already has a green light to do what they want in South Africa, where they’ve already built a big pot processing plant. (Read more)
And with a chart this loaded with the stuff that makes traders feel good, the clock is ticking on PLPL to light up the market again.
Traders were giddy over PLPL above $3. Were they just puffing on weed fumes, or is this truly the rebound prospect of the year?
May all your trades be green!
source: http://newsletter.hotstocked.com/newsletters/view/PLPL-1444122
_______________________________________________________________
@onthelak42
Agree with you totally - do not like PRs as well - but this is part of business, stocks and politics
I am not going to sell my free shares - I even will take the money which I took out and re-invest it whenever a tr54sutworthy bottom can be seen.
Critics are welcome, blind negativity I can do without it, studidity will not be noticed.
agree totally. Time to stop replies here as it is a waste of time to reply to so many negative psychology which always appears when pennytstocks drop - always the same boring wording about p&d. I do not follow stupity in the market.
My break-even is .12 as I got in 2012/2013, I sold my investment and keep shares for free now. I didn't sell because I think PLPL is still a great speculation and will recover. Don't worry,I learned my strategies - but I don't care about comments here - so, believe it or leave it.
PS. All life is pump and dump, just a question how you handle it. I don't have to worry that I 'don't get it' LOL
ok, be happy! To the others here: I decided to average down at a visible bottom. First time since mayn years I have a bit of more faith in a pennystory than usual. The story did not even unfold a little bit, so it would be stupid - of course only IMHO - to miss the low prices. PLPL will rebound, when and how much I don't know. But this is the usual game and, as I said, the stopry did not evenb start to show its potential.
Must feel great to see people suffer cause this stock drops. Good I do not know such people in real life.........too poor
With a hype people are thrilled and throw all their money into a pennystock, with a drop same people get hateful because they are not able to handle and trade correctly. That simple the world is. But this says absolutely ntohing negative about a company - it is just the poor psychology of market member. Yesterday people have bee nuts about all news and about Shively and Pellicer....and today they call this pump and dumb. Such behaviour has no value. Have seens and heard this thousands of times at boards.
Why don't you tell this to big caps which spend billions on promo?!
I repeat:BELOW september 2013?This is a joke!
well, a 'correction' of down to .90/.85 I would have had understood. But this is not a correction anymore:
http://stockcharts.com/freecharts/gallery.html?PLPL
We are below september 2013....... the period before september 2013, Plandai has not been able to show a facility, no trials, no Shively, no Pellicer, no cannabis conncection, etc etc.etc.
This today is not a correction, this is manipulation!
This trading and permanent drop of the shareprice goes far below my understanding - even the 'news' today isn't real news by PLPL. But this decrease has nothing to do with fears of shareholder anymore as they could have sold since days. There is something unpleasant going on in the market, either manipulation by MMs or soemthing else !!!!!
guess you are right I anyway have to correct myself a bit: Of course cannabis drug extracts will be great and Shively has an enormous value for PLPL.
However, PLPL is undervalued meanwhile - and I am usual very conservative regarding my prediction.
Me and my girlfriend use Shiseido - great but expensive. This is one of the reasons why I got into PLPL - if their product works they will find many producers who will process theri extract. Cannabis does not interst me too much - it is the general product of PLPL: Phytofare etc. which will generate the revenues. I still do not know, BTW, why Shively is involved in Plandai. As he does not open his mouth, everything can be expected. But, as I said, this cannabis story does not interest me. And I do not believe that Plandai will be involved in this idea of Shively to form a corporate network of cannabis-shops. How should that work with Plandai?! Maybe Plandai produces cannabis-extracts for tea? Urgh!
However, it is a pity that the stockmarket still does not get the real 'extract'-value of the story Plandai - but, as I said already, still too many gambler involved who are totally incurious - excluded to make some pennies.
Well, I learned that I should split the amount, which I intent to invest in a story, into three parts: 1st get in at any price, 2nd wait till a drop and average down and 3rd waiting again if the price drops again and give it a last try.
The other strategy, the best IMO : Buy, but get out if it drops 20% (stop los) and wait for a bottom or great news .
It makes not sense to hold a pennystock (start-up) too long and watch the price falling like a stone.... but, honestly said, I make this mistake also too often. But one should nevertheless keep an eyxe on a stock even one got out again. A price which drops does not mean the story is bad.....bad is the psyochology of the market. That's why you really have to suffer - if a story is not a scam of course.
Either by news - better good news - or by the cognition of the market that the visible definitv progress of PLPL and the chances for Phytofare plus the presents of Shively and the cooperation withPellicer is simply undervalued.
But as long as people sell ten minutes before the close their shares much below the day prices, shareholder here have to have a lot of nervs