[ PLKC ] ** SUBBER BREAKOUT ** Oil Contract CLOSED - Page 13

If we can give a member of this board credit for a good pick, certainly, there must be some type of accountability for a bad one. all we ask from someone giving the pick is to stand by it... and if it happens to be a bad pick, at least admit that it is so. and if you sell it, at the very least... you can tell us AFTER you have done so... however, I just want to say thanks to "Showtime" for being there and standing up for JP.

Personally, I am not blaming JP. I am aware that he made good picks before... however, this is the first time I was able to jump in and was looking forward to a good ride. The only problem that I have is his absence and lack of follow-up with his pick. All he had to do was probably say.. "you know what guys.. it's not going up as I planned.. I got out and I advise others to cut their losses.. " JP doesn't have to tell us that he plans to sell so that we can all do a "panic sell" before him. I know that the market can never be predicted and anything can happen. no one is perfect and there are times when a bad pick will follow. the market may not always have the same reaction to news.

still, like niceguytom said.. this stock is still picking up from its losses two days ago.. and getting in at $0.0050 isn't entirely bad.. it can be worse. plus, the good thing is that this stock has been pretty steady between $0.004+-$0.005+ the past two months... it has upside potential and the volume is there.

plus, maybe JP might be onto something and we can't expect everything in one trading day. the stock "might" shoot up in a day or two or sometime next week.. and if and when that time happens.. we'll all be congratulating JP again for another good pick.

JP: I don't think anyone is trying to blame you. We understand that you don't control the market. I do believe that you had the best intentions for announcing this pick. however, we feel cheated because we did not hear from you again for the other half of the day. any last "alert" before you left for the day would have been good. please stand by your pick. (and it still can be a good one... we shouldn't rule out PLKC completely yet)

Showtime: I appreciate the fact that although you were not accountable or involved in the pick.. you were there.. mainly to back up JP but also trying to ease some concerns.

Other members (even "seasoned" investors): don't forget that us "newbies" is the primary reason a stock price goes up.. because we buy into all that "hype".. so stop talking sh*t such as "crybabies" and such

Guys,

I saw a JP pick this morning. ITEK and I thought, oh doh! this has already run. It was up like 100%. I could have bought and played till it was up 145% and that would have been 45% for me. But I thought after a 100% run, I'm not chasing. I saw quite a few people that said, "I'm not chasing." From personal experience I can say that takes a lot of discipline.

Then I see JP posting about PLKC. I'm thinking, What? It was only up a few ticks then. I thought this is a JP pick and I should buy it. But I hadn't done any DD. I don't think I need any DD on a JP pick but this is a matter of a mindset. And I also wasn't able to stay close to the computer so I decided that it wasn't worth it for me in the end to put in my money and put in an order to sell at a certain and never have it reach that price. So I just kept checking in on my breaks.

I can't tell you how much it makes me think that I could've gone from almost 1.5K to 3K in one hour this morning. But just saying from personal experience, it's ok to watch others have fun for a while and get the hang of how stock picks are posted, what kind of attitude people have that walk out with a profit, what kind of attitude people have that get stuck holding the bag and what kind of attitude you'd like to adopt.

Good luck to all. I'm not bashing anyone. I say I'm learning a great deal and I can't wait for JP to post another pick. Oh man oh man, just watching the stock go up is more adrenaline rush than watching Geena Davis kick Donald Sutherland's a$$ in CIC. Oh and watching the republicans up in arms about a female president even in a TV show is more drama.

Showtime, not stepping on your toes here. Please give us your answer.

I just wanted to tell something I have learned recently that even though I knew I didn't really understand.

OTC and pinks are at the mercy of the MMs. Unlike the NASD, AMEX, NYSE, the OTCs and pinks are where the MMs get to play cowboy wild wild west style. It is also a place where a lot of moolah can be made very fast. That's why people kept telling me to not base my penny research on TA. But to base it on FA more. TA helps very little but the MM can break those rules. That's why we see many stocks that "should" have run but don't.

Everyone knows that a stock usually trades several times above its earnings. If you take a look at a stock like Yahoo (YAHOO), it has a P/E ratio of 27.56 (according to Yahoo.com; may not be accurate). Compare that to Google (GOOG) with a P/E ratio of 96.20 and you should get the idea.

Plus, your analysis forgot to consider the revenue from its other businesses. Remember, any new contract is in addition to its current clients.

Everyone notices that the PR is not showing up on Yahoo.com. Why don't someone simply contact PLKC and ask them why. I am sure they paid for the Press Release distribution to make sure investors get ahold of the news. Maybe "Reg" can do this for us.

This is some brilliant DD. However, like showtime said, you have to remember that you are not in the stock for its valuation but for the momo run, that is, for quick profits. The stock has strong support and if the news does not pan out to be as important as we may have suspected then it wont go up tommorow as much as we would have wished.

Yes, that's true. Volume is crucial in driving up the PPS. I've seen stocks with a good PR (but with below-average volume) and the stock price hardly made any significant movement.

My response is simply to address Revg75 who asked if his calculations are correct. He based his valuation only on the recent contract with Alto and the market cap of the company (and neglected its other business operations and revenues that it currently receives). In other words, we shouldn't feel a "rush" to sell just yet.

Here's my speculation (pure speculation that you may or may not agree with):

As mentioned in a similar post, I also believe that there are "old" investors that were holding onto this stock and since it dropped the day before to a low at $0.0038, they jumped on the first chance they got of selling when PLKC made the run earlier today. Overall.. let's not forget that there was a gain of 23.68% over the previous close (so the stock is still up).

Most of us that are complaining (the newbies/bagholders, including myself) are the ones that paid a much higher price for this stock and thus, suffering from a loss. I would really start to worry if volume drops (which is still way too early to tell; we'll find out more tomorrow).

*Average volume is 8.95 Million (stock was trading earlier today close to 9-10 times that volume; so we're still basically ok)

Since the PR was not widely distributed, most people are skeptical behind the cause for the run; and even though "we" are informed of the PR, we are still not sure if it's legitimate or just a scam. Definitely, someone needs to contact PLKC and ask why the PR is not showing up on other distribution channels/newswires.

Stock price has been steady for awhile... any positive news will more likely drive the stock price higher... we just have to be patient.

I also believe that JP mentioned that we can expect "dips"... dips always occur because there are always people selling their stocks; otherwise, we would never be able to buy any shares.

I cannot speculate anything else beyond that for now. we'll just have to wait and see what tomorrow has in store for us. I also notice that PLKC has been on the radar for a couple of other members on this board. From previous posts that I looked into by the "seasoned" members, they too know that this company can give us a run. It has been able to shoot up to $0.0080 in a day or two before. Patience is key.

Hope this helps for now. Let's not rule anything out just yet. Still too early to call.

Just wanted to thank you and others j.p. for your help and picks. If it werent for you guys on this board I would still be completely in the dark about stocks. Im still in this one so hopefully we can make some money off this one today!

Thanks J.P. I need to figure out how to post charts on the board. The charts indicate a possible good day today! If we get the volume we should push through those resistant levels.

Interesting: http://http://www.americanbulls.com/StockPage.asp?CompanyTicker=IHDR&MarketTicker=OTC& TYP=S

They alto gas have a great web site three locations and in business 20+ years I could not find info on fleet size but gonna email comp to find out. should be some dumping in am and nice run after IMO

JP thank you for being respectful with your opinion this morning. Hope this goes up today for everyone!

I Just wrote PLKC investor relations an email asking why the PR was not sent to YAHOO finance and other major news wires. Hopefully I will get a response today, during trading hours!

L2?

mostyl selling so far .0044x.0046

I'm in with some 100K. I expect to see some downward correction this morning after the wild run yesterday ...

ask thin to .0046 where nite is, after that it look slike its back to .005 with a little positive v

Yep, looking really bad. There is going to be a bounce after this, there has to be!

down to .0041, HAS THE BLEEDING STOPPED!!

if I had some more csah I may consider buying here. I think morning sell off is ending, i bet this gets back to open at least, today, probably soon