Olu,
You've been amazingly accurate with your predictions,and I'd like to thank you. I used your last prediction to "stock up" on more prst at 68 after its initial run to the 70's. I am kicking myself royally for selling at 51 after buying the stock on Lutz reccomendatoin at 74. Ah well, I would never have found this thread nor its characters otherwise. Your observations, and those of Neil,Joe Inti, Acey, Jason's mom and Diamond Dan, as well as those of Staff, Paul (for a short he ain't half bad), and Joe S. (the other half, and actually not so bad either) have been like an introduction to a graduate business course. What I would like to do is write a novel based on characters from this thread. As a forensic psychologist, I'd love to meet Ivan. The point, contr-point conflict between the bears and the shorts is very similar to the tumultousness found in an incestuous family. The grand themes played out of greed and avarice, the saber thrust attack of the shorts, the courage and steadfastness of the "rumpled" patrician, the everyone's warm, gentle, sprited and steeley resolved mother, the magnificant technicians .... ah, this is the stuff of romance. As a silent spectator over the past year, I gotta say it, you've really created a terrific thread.
As a semi-complete moron on the intricate moves of stocks (I'm so long I rode CTN from 50 to 2.75), let me play the devil's advocate with your prediction. I don't think we'll see an entrenchment to the low 80's. I base the deluge of news that I expect to see emerge from Prst this week and next with the trade shows, and with a short squeeze. There, I am on the record <g>. However, do you have any tips about what a safe stop on this stock might be. With its volatility, I'm afraid my 10% stop may be too conservative, but with CTN and the SEC, well ... ideas? Neil, feel free to chip in.
Frank |
