Re: <$5 PPS
in response to
by
posted on
Jan 09, 2009 05:57AM
Right. I know that. Many funds and institutions have rules with minimum PPS. But it is wrong to deduce from those rules that hitting $5 suddenly makes a stock attractive to those investors.
If PTSC hit $5 through a R/S, what about it sets it apart from countless other stocks out there? My whole point is that there is no magical bump from getting on the NASDAQ or a $5 share price if the fundamentals aren't there. PTSC is early stage at best.