Re: trading action
in response to
by
posted on
Feb 28, 2011 06:50PM
I think we will see this type of SP movement every 3-7 days. High volume increases with smaller volume pullbacks. IMO Our next move will be to .17-.20 with a pull bach to .15 then a move to .22-.25 with a lower volume pullback to .17 before starting to rteally move on some news. I anticipated a pullback today to .125. We were overbought and up 90% over the last 3 weeks. Some took there profits that were smart enough to buy at .08
You don't really think that you could buy this for .10 when revs from PDSG are increasing, settlements in court are close, TPL saga ends and we are surprised by a $10-$20 million quarter. The market will anticipate this all 6 months ahead and the SP will reflect it. Just think where the SP will go when Dividends are announced again.
My point is, I belive these things are in the near future and most will wonder why they missed the boat and did not average down or new shareholders buy here when they had a chance. IMO the SP will be .30 then .40 then .50 before you know it. Before All the above are finalized. It would be to easy if it stayed at .10 when the the events above become reality. Would'nt it be nice if we knew that we settled all disputes with TPL, we settled with Acer and others for big bucks and found out that PDSG was turning a nice profit and the SP was still .10 Not going to happen. Thats why the SP is starting to move. It is anticipaing these thing ahead of time before the average retail SH does.
GLTAL