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bernardsamuel

01/09/17 4:47 PM

#6925 RE: Decatsmeow #6924

I seem to be reinforcing others' posts here recently, and I'll take the liberty of reinforcing yours. I believe what's going on in recent days that adds to the plus of the technical pattern is that the good people of PLY have started to accumulate a position in the stock.

Just like you could, Decatsmeow, if you so chose, PLY can get up to just under 5% ownership and not to have to declare anything new to the SEC, I believe. Look, if they're going to be buying the stock at five cents or seven cents or even fifteen cents, they're better off buying a chunk of it a two/three cents from board-colleagues like Cashbyers who prudently read their own charts and thought it best to take the money and run.

This seems too simple and obvious - can anyone poke a hole or two in this line of thought?