Posted On: 02/08/2016 11:11:28 AM
Post# of 15187
i didnt really think about new buyers during that last dip to $0.0009. that makes considerably more sense as they sell before they go negative and the volume would be about right. i havent been buying overly aggressive but if it gets to $0.0007 or below - i would be much more aggressive and deliberate. i have had BIDs at $0.0009 not getting filled so i do not see it happening as i believe many long term shareholders would be thinking similar thoughts at those levels.
back to my original post - it certainly wouldnt make sense for any true long term investors selling now. if you have bought into the way they are going to market and understand/accept the difficulties they have had with PLN and the toxic lenders - it would stand to reason that again, they are on the verge of putting it behind them. they are shipping product to dealers. more dealers are coming online and promoting the products through various means and can be verified independently, and they are receiving revenues for the initial dealer sign ups. whether that is $300K or $1.5MM last year isnt as important as where it takes them in 2016 and beyond. we know 2014 was horrible and most of 2015 was bad. if one has waited this long for the story to unfold - why not wait until they finally get the lenders out of the way...?
back to my original post - it certainly wouldnt make sense for any true long term investors selling now. if you have bought into the way they are going to market and understand/accept the difficulties they have had with PLN and the toxic lenders - it would stand to reason that again, they are on the verge of putting it behind them. they are shipping product to dealers. more dealers are coming online and promoting the products through various means and can be verified independently, and they are receiving revenues for the initial dealer sign ups. whether that is $300K or $1.5MM last year isnt as important as where it takes them in 2016 and beyond. we know 2014 was horrible and most of 2015 was bad. if one has waited this long for the story to unfold - why not wait until they finally get the lenders out of the way...?
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