Acey, and everyone else on the forum, you should judge for yourself whether to add more shares to your position. I am a long term investor, still owning every share I bought and really believe that Presstek technology is postioned to dominate this industry for years.
We all know how volitable Presstek stock can be, and for me to tell you to "buy as much as we can below 70" would be only my personal opinion and depends on your degree of investment experiance and your ability to accept the overall fact that based on current earnings, this stock is still way overvalued and "could" drop again below these levels, due to unfavorable press, short interest bashing, SEC probe, etc., etc,.
Other than participating on this forum by sharing the research I do for my own long position investing, YOU should not blindly take the advice of anyone personally, otherwise indirectly, that states you should buy or sell Presstek or any stock. It is not part of my occupation to do so....nor am I connected to Presstek or any other interested party....including Cabot Market Letter etc.
Please understand that as a disclaimer, it is important that you know my views are my opinion and are obtained through my ability and time to research news sources, trade magazines, and other sources such as press firm owners and suppliers to Presstek, Heidelberg.
Your decisions to buy or sell this stock should only be made after you have confirmed/verified any research you read with your own knowledge of this company and then conducted your own research. Important that you carefully think out your own investment objectives and risk tolerance for any stock you buy.
Neil |
