Sorry for the delay, but I haven't been checking this forum
lately -- seems like the server has been down forever.
Anyway, regarding PCRV, you're right, the stock price development
has been 'disappointing' to say the least.
I had expected them to release better results for the last
quarter, but as it is I now expect the improvement to take a
bit more time.
The big problem with smallcaps like PCRV is that when there is some
selling the price just drops, even without news. The opposite can
also be true, and when combined with good news..., well, you
get the point - I'm adding (EVEN more...) shares now and then
between 3 and 3 3/4, and am waiting for the good news.
It's not the strategy to follow if you're an impatient
investor, though...
Bottom line: this company is undervalued at this price, and I
think that long-term (ok, let's put it at 1 1/2 yrs) this is
going to be a winner.
Then again, I'm not a professional market researcher...
Alex |
