Pinetree Capital Ltd.

Diversified investment, financial advisory and merchant banking firm.

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Message: Time to move forward

Time to move forward

posted on Nov 27, 2007 06:40PM

I think some stocks are looking for some kind of direction from the markets and over the past month we have been in a down draft to which most stock followed; there is lots of bad news out there and in my opinion that is bullish and we must be close to a market bottom and we should be getting closer to a market rally into Xmas. If and when this occurs I believe PNP will particpate. How fast and to what level is to be seen, but if the market does rally PNP will join the race. I have read some projections with a target price at $9.00. Will we get there? I don't know, but time will tell.

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