Hi Jhg, I haven't heard any negative news. I believe that the fundamentals are still intact. The negative sentiment in the tech sector, along with the oil issues, etc. are taking out the techs today. The Sprint news is affecting the telco stocks, so I think that P1 is getting hit.
Lets face it, the stock has run-up for some time without a real correction. I think the events of the day are now impacting P1. I didn't like the technicials for the past several days, and given the current climate on the Street, I came to the conclusion that the risks now out-weigh the rewards, so I sold my position a few days ago. I have made a few day trades, but none today.
Haven't been able to access the Stephens site, think I'm having some sort of browser problem. However, I was to the site yesterday, and there wasn't an update. So, the Analyst seems to be sitting tight.
What's you take on the situation?
Stock Bull |
