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jim stop loss

05/24/06 2:41 PM

#10966 RE: DTL #10962

Thanks DTL. You know as well as anyone here what will or won't happen with PLNI, long term. I really hope that they can make their business plan work. It is a simple but feasible plan, given financing. And, as you say, maybe they can hit the PR with a really good release that would make the PPS leap. I think a lot of folks are looking to buy in here if something great happens. Maybe that's what makes the stock market appealing.
PLNI is one stock among many and I have had goods and bads. PLNI has been good for me. I originally jumped in at .0074 and sold at .018 but I never had anywhere near a million shares at that time. Wished I did now but all is easy in retrospect.
I have been in with a million shares but only after PLNI paid for them from my "winnings". I did jump out at .0056 and took a $1,200 hit on 184,000 shares that I forgot I had but I thought I saw the writing on the wall so for me, it was jump. I was in too high on that lot anyway. Once again, in retrospect, it was good for me. It could just as easily, at that time, gone the other way and I would have probably cussed myself out for being such a faint heart.
Now, if I can buy in at close to a turning point, I will go for it again. Right now were below the 50 and 200 day averages and MACD says no and the Stochastic confirms it for me. So, I wait on for awhile yet. The current financials haven't helped my decision much either. Maybe the first quarter of '06 will bring better news.
I will honestly have a short one for you when we hit .007 plus again Maybe we'll both be in then. I hope I wouldn't miss the chance to make a few pennies again myself.
All the good fortune in the world to you and everyone else here! You're a great bunch of folks!