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Re: alessio2 post# 524

Wednesday, 11/10/2004 6:24:25 PM

Wednesday, November 10, 2004 6:24:25 PM

Post# of 1810
Once again, and today's announcement provided a kind of absurdly eloquent proof, PLMI/PALL is a cash-register stock. The value of the stock has almost no relation to the company's results. Instead, it is only to be understood relative to the number of shares issued and the R/S cycle.

I don't believe it is possible to make money from this stock unless you are 1) selling gifted shares, or 2) catching a price fluctuation in the extreme short-term.

But the long-term outlook for this stock?? Sell it all. Until they stop dumping shares, it is a fool's game.

You can say just about the same thing for a variety of other stocks. CYBT had a great run yesterday and today (up from .0006) until it hit .014 today. Of course, everyone sold to lock in profits and the price dropped to below .01, but what is the longer term outlook? The stock ran on news and made a lot of people richer, but anyone who supposes that the recent run in price will stand up to the 10 billion shares of common that are authorized will suffer some disappointment.

PALL and stocks like it are all in this category: no matter what happens today, watch out for the landslide. They could cure cancer and still drop (exageration intended.)

All IMHO, of course.
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