Rainier, Dave & All: Stratedgy question on PTIX. I bought in in mid to low teens, held paper losses, and when it zoomed up to 21 this spring, I took 1/2 off the table.
Great FA biz.yahoo.com
Good products in emerging growth areas (Fiber channel, Compact PCI comm boards, the industries only fault tollerant switch) Great customers. Sun Microsystems Inc., Compaq Computer Corp., Cisco Systems Inc. and Nortel Networks.
large institutional ownership according to last week's baseline (41%)
Volume has been very high of last - probably a combo in institutional buyers and a good IBD writeup.
techstocks.com
It's now around 33
It's overbought from both a daily and weekly chart perspective, but this stock is rarely "fairly valued"
It's gone seriously undervalued, to over, back to a steal, now back to probably overvalued vs small cap peers
It's also near or over historic highs for PE, P/Sales, P/Book, P/Cash flow.
continued product development has positioned it well, and it has a 35% projected growth rate, but the PEG is about to hit 1.00
So the question is: let it ride, let it ride with a sell stop (and at what point)
or sell the rest and pocket a nice profit, and keep an eye out 4 a pullback. Thanks Scott
It's also se |
