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Exactly! Some people forget this and blame the wrong people. Thgose who lost 50% are by far not 'weak hands' - they have burned their hands . Understandable they prefer to reduce the risks and get out. Not to blame someone for.
Last warning: Please stop to advertise - however you 'wrap' it.
This tiny rebound last week and the final drop at friday did show that monday will start with a drop as well. The lastest news is very good, but as I said, the little sea of PLPL is drying out if Plandai does not deliver what market is waiting for. The latest news also tells me, that Plandai plans much bigger projects..........but this will again take much time until results. But market wants to see results by sales. Plandai might get big - might - but I worry it will take a long time until Plandai will be able to deliver something significant - exepted news release. And this will neither support the shareprice nor the marketcap - and Plandai will have to spend a lot of money till anything rreal happens - and this might result in additional dilution.
My take.
this is what I have been worrying about: Just daily news release shall keep the price. But one day this does not function anymore. The question is why. And my answer is: stockmarket wants tzo see the results for sales Plandai promised and neither videos of machine in action and informations about first stage of this or that. My interpretation of news releases since weeks was that Plandai is enormously close (see blog of PLPL) or even ready for sales and world wide product delivery - but Plandai still isn't there as much as I see. This charts is not MM manipulation, this is frustration, lose of confidence, daytrading, weekend profit taking, mms, short seller etc. Too much to keep the price up.
you obvioulsy never have been in stocks which made reverse splits. BEWARE , management will easy issue additionaly millions of shares and we would have a dilution which would kill shareprices by totally exxagerated market cap. Additionally people will believe shareprice did rock and will sell - your RS shares will be worth nothing anymore even the markwet cap would be too high.
I hope PLPL does not do a RS otherwise we are in hell! Pity you did send such very strange idea to Plandai.
paperchaser, we must follow two different charts obvioulsy. lol
Downday by profit taker. Pity but reality.
I believe big shortseller are out since PLPL has gone $ 3.00. They did short bigtime because they noticed that PLPL was going below .15. The current situation is much different and might be very dangerous for shortseller as Plandai delivers too many news every some days. Too dangerous to short bigtime - thus daytrader and maybe some tiny daily shortseller dominate the market of PLPL.
If we are lucky we might see a sidewards movement within a spread between 1.10 and 1.80 coming weeks. Ups and downs based on this or that news. This might change positive if Plandai is able to file revenues with the next 10Q. But if they are in delay again........chart would get a problem.
Well, just my opinion.
this is what I say since weeks, PLPL is enormously in the focus of daytrader. If Plandai is interested to stop this they have to deliver revenues - even their news flow is good.
yes, a pity.
brig, all posts of yours - at all boards- refer to NSG - so please stop to advertise NSG here = off topic! Thanks.
....and Hillard Herzog?
I am neither bullish nor bearish, I just use my 16 years of experiences with this kind of pennytstocks. PLPL behaves like 90% of those stocks - finally only one truth counts: revenues and earnings - and of course the appearance of serious institutional buyers. Until than pennystocks are trading stories and not for the faith of heart.
Only this makes a listed pennystock trustworthy. I do nothing but hope that my decision was a good one. What shall be wrong with this. I am not in love with PLPL. It is just a try to make money and to avoid losses (= Rule No. 1")
daytrader have been so 'goofy' to hope for 1.35 before the close - but it didn't happen. So they sold. I have been told here this is normal trading and I am an idiot because I am careful LOL
as long as PLPL is 90% in the focus of daytrader this will not change. PLPL needs revenues, hard dollars and than another group of investors will get in Plandai. ....and PLPL should deliver soon, very soon !
you are totally right IMO, but our sun will become a super nova first LOL
Astonishing that there is not a tiny note about Hillard Herzog anywhere at www, neither business, nor anything private, nor investigation, nor lawsuit, nor health problems etc.etc.etc HH seems to have passed away.
Stage 1:
I hope we do not need daily news now to keep the price moving sidewards - as a minimum.
well, we might like the people involved - stockmarket obvioulsy is careful. And I always agree with the market and not with a management.
I have been starting slowly as I can't believe this drop. But I leave by and by as enough is enough and confidence by stockmarket should look different - but doesn't.
who cares who is selling. The fact that selling pressure is that high is poor enough.
440k shares dumped within first minutes after opening - wow!
guess cause plpl is running out of money by all the payments they have done already for promotion. I do not like at all what is going on reagrding thius endless paid promotion . Does PLPL need this? And if they need this, why ????????!!!!!!!!!!!!!!! They throw money out of the window while thex shall have a great story and a great managament. Why the hell do they spend all money on promotion if everything is so enormously wonderful ?!
Of course Shively might move 'this thing up without any paid promo' It has already been done by PLPL. What an outstanding argument LOL
To me all this does not sound great for PLPL
Shively is the only reason I am still in as PLPL did miss to deliver anything until today. I hope Shively can chancge this soon otherwise .....................well
I am a speculator, not a swing trader. No time for this, have a company to run.
Who's short? I did post one week before I stay till the stock is down 1.00. Under 1.00 I am out.
if everybody would have listened to me they would have got in at .06 and .10 in 2012 !
totally wrong: If normal caps fall 20% one shall get out, if Pennystocks, microcpas etc. fall 40%-50% one should run out - usually one should be out as 95% of all pennystocks are high risk losers.
1 mill shares traded within 1.5 hours - PLPL totally down - nobody wants to pay above 1.10....and this board does a parade after stock is down from its height 60%. Unbelievebale LOL Would love to have such a rose glass as well.
3D-stocks are not worth 50 billions - but P/E ratio is neverthelesxs 200 and more. Stockmarket buys the future and the not the present.
this is what you hope and which is not proved. IMO some people can't take it anymore that all good news does not help to keep the price up. PLPL be haves like all pennytstocks do after a hype. Too many paid too much above 2.00 and now they have to get out to reduce losses. We are nearly end of march and PLPL does neither releases progress of revenues nor any other progress but endless factory photos and hopes for playing an important rule
here or there. This is not enough to produce confidence in this story ! And now PLPL is traded by daytrader who do not care where the stockprice will be at the end of the day. They just care for daily ups and down to profit by holding PLPL for 10 minutes. Ths is the truth and nothing else.
be patient ? empty words
We have a slow but steady downtrend and people here declare since weeks chart looks wonderful. Does this need a comment?
obviously another terrible day
please do not overdo it! I have tried to keep the ibox minimal with important informations about PLPL as a lot of people hate to scroll hours till they find the messages/posts. IMO it is not neccessary to put graphics also. However, many people skip ibox anyway.
Astonishing as this articel is of September 2013 and nobody ever did post such important information here since last 6 months !!!???
Addtitionally this information has never been used by Plandai for promotion, neither for information nor hasd it been posted at Plandai blog at their website !!!
Very strange. I prefer to see the numbers at the coming financial report. This will prove if this information is true. Sold out of Phytofare would mean enormous revenues - and Plandai didn't "prepare" stockworld for this ? Again, very strange, especially by taking into account how much Plandai did spend for promotion last months !
unfortunately you are right (((
.........of course LOL