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Re: tommer post# 10391

Tuesday, 03/25/2014 1:42:18 PM

Tuesday, March 25, 2014 1:42:18 PM

Post# of 34867
I think some are not shareholder. BTW, chart technique is nonsense at such a stock volatility is much, much different compared to stocks with revenues, sales and visible development of products. PLPL is in a very early stage of progress - reading charts with technical methods is totally useless. I assume this shall just help to believe that PLPL could go up every minute. PLPL goes up on news and revenues and not cause of chart technical reasons: One can not determine a serious momentum for example if heavy daytrader and shorttrader move the stock in direction which have nothing to do with progress and reveneues of a pennystock.
Enthusiasm is not useful at all as well as pennystocks are too dangerous to waste emotions. Patient, cold nervs, hope and hard decisions, even uinpleasend ones - thats all one should use here.

Shively is not the real 'driver' of PLPL - it is the progress of products. any other news is just helpful for one to three days and than daytrader take over again the stock price. Thus - forget chart technique !