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Message: RE: This is sad.....my take on PPS

RE: This is sad.....my take on PPS

posted on May 12, 2006 02:59PM
``The reason this stock went to 2.25 in the first place was traders trading on momentum. The momentum has since then been non-existent.``

Yes, we were doing two deals a month from the beginning of the year. The momentum would still be there if two deals a month had continued. My take is the asking price went up to the point companies are going to wait it out for the J3. Assuming that is the case, why hasn`t anyone else been sued? I myself would be holding this as an investment had two deals a month continued. Instead, I have traded it for now until I feel the confidance comes back into the stock.

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