David, Let's keep this a secret....
Although PRST is not talked about much, someone is buying it. Volume
isn't very high (of course at $117 a share, small investors can't buy
too many) and anytime anyone talks about it (i.e. CNBC, WSJ) it's
usually negatively. But, the stock keeps rising and rising.
The investors packet I got from them is very impressive. If it's
indicative of how they run their business, we're going to do well with
this stock. Last quarter came in at $0.10 a share and the first call
estimate was $0.05 (I think). At these lofty prices, as long as
PRST beats estimates, it will stay up there. Perhaps it is better
that it does not get a lot of press...this may lead to loftier
expectations and a better chance at a dissapointment. Of course, for
us long term investors, that would just create a buying opportunity.
I can't wait for a stock split..I really think it will help the stock.
Certain people just have an easier time buying a $40 stock than a
$120 stock.
Cabot has really been on a roll lately, although I haven't been on
board for all of them. ZOLT, ASTF, ESOL, IOMG, PRST, TGET all have
soared since being recommended. I just wish BEAM would pick up some
and form some sort of bottom, maybe it's trying to do that today
(up 2 at 12:30 PM).
If anyone else out there is interested in this company, we'd love to
hear from you.
Jim |
