PLKC currently is consolidating...some long term investors are selling out and taking there gains while new money is coming in at higher prices....that is very normal for stocks that suddenly spike up and trade at higher levels....as you seen PLKC spiked up alittle over 20 cents practically overnight....it then has to swing to the downside....kind of like a pendelum....investors over-react both ways.....currently I believe the period of consolidation right now is actually the downside of the pendelum...it looks like we have a bottom at the .07ish range.....with no news releases I expect PLKC to stabilize around 10 to 15 cent range.....once the company releases more news about the "GPS" products that are currently under final stages of beta testing then we should see some serious price appreciation....the company actually has a "target" date set for "early 2004".....this is a good time for accummulating...that is what I am currently doing
another question you had was: my success rate with penny stocks....without writing a book I will give you a short answer....I have made a TREMENDOUS amount of money in this arena however I have been playing in it for over 10 years....
you are also wondering about other penny stock ideas....here are links that will give you some ideas....
These 2 boards I run and have VERY sizeable holdings in the companies...
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