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Strategies & Market Trends : Three Amigos Stock Thread

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To: LAWRENCE C. who wrote (19668)4/20/2000 8:16:00 PM
From: Ken W  Read Replies (1) of 29382
 
LL,

"PIK has low liquidity"

I'll kill two post with one here....LOL

JD found that funny and so do I (just the pun) not your observation Larry. I agree with you and was bolstered by yesterday's volume, but disappointed by the lack of price movement. I don't own the stock, just making a point to my teacher and good friend Sergio.

The street is supposed to recognize value and stability in a solid foundation stock. That is "bunk" in my book. The street recognizes what is in the news papers or on the talking head shows of TV. PIK has 60MM in cash, positive cash flow, PE under 10, Price to Sales under 1.0 ROA out the wazoo and net profit margin above 5.0....and yet is ignored by the "street" They even announced the buyback of 30MM of their 2004 convertible debt....no response from the "investing community". This is the stock that should be trading at 20 bucks!! As I said I don't own the stock, just spouting off as to the fair market we have. LOL
Ken
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