B-Lunist
posted on
Oct 24, 2006 12:11PM
You are right about "no stop loss for BB stocks." We've been down that road a few times.
Did you ever get the last pile of PTSC?
I tried three times, but just kept chasing a rising pps and gave up. Now, we are back to the same ole spot with a bit more information. I still see this as an undervalued spec stock with plenty of upside in 2007.
IMO, the current pps is simply a function of traders trading into news and taking profits. There are a lot of cheap shares still on the table.
This too shall pass like a bad burrito.
John