Actually Herbert, I apologize for my rudeness but I really feel that bashing would be fine if it was backed by facts. One of the reasons that PLNI is still sub-penny is the 8-1 split. It makes good sense to stay in the pinks if you want the SEC on someone else's back and you want to buy back at drawback PPS. Pinks allow you to do that. It is a severe channel stock at this time and I think I see a developed channel between .0055 and .009. Of course it will go above and below this range but profits are good there. I sold at .0085 in November, took the tax write-off difference at .0101 and bought back in at .0039. Sold half at .01. Now, I'm looking for something over .01 and stability to hold some shares or a PPS at .005 to buy back in again. I'll be watching NITE closely. This is a great channel company right now to make money on. It's increasing it's balance sheet even if it's not published. I would like to see some debt to equity ratios and current assets vs short term liabilities. But I know without looking that this company has one great PE ratio.
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