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P L C SYSTEMS INC Message Board

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  • scomasea scomasea Nov 21, 2008 2:01 AM Flag

    bid/ask pricing problems

    plcsf is still showing up at www.pinksheets.com scroll down to see the level 2 montage on plcsf quote page there,u will see that the order book is thin and perhap's why it jump's up,part of the manipulation imo. joe the plummer type investor would put there buy in at the low bid of let's say .035 and the white collar investor w/connection's buy's at .036 when someone sell's imo. and then when the white collar investor order get's filled the bid jumps noing it won't trade and then the process is repeated thus what look's like selling is actually buying and u don't have to a sec filer type investor to pull this off,the name of the game here is knock plc down from over a dollar w/short's when plc was all so excited and then like about now wait for heavier accumaltion on the upside w/heavier volume.........imo. there could be trading opprtunity's in the .25 to .30 range selling opportunity and then a pull back just under .20 and eventually plc to .50 and same type of selling and trading opportunity but imo. eventually plc above $1.00 on some type of news,like a partner in the USA for renal guard or a merger w/novadaq or perhap's a buyout by Edward's and imo. Edward's would not of owned and kept holding there 5.3 million shares if they had no future plan's

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    • Scom, Edwards would never have dumped PLC's TMR business if it had any interest in or intent of merging with or purchasing PLC. You've mentioned that prospect so many times, but it is, with all do respect, completely absurd!
      As for why Edwards retained its 5M PLC shares, what the hell else was it to do, could it have done, with them? They could have hoped that some buyer for the entire lot might eventually come along for them, but they could never have hoped to dump them on the open market without plunging the price to almost nothing from its then much higher perch. Now, of course, they are just holding a virtually worthless bag of shares---so they really have no choice than just to wait.

 
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