Pacer Technology (PTCH) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Pacer Technology (PTCH)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WallStBum who wrote (492)	6/11/1998 2:02:00 PM
From: David K.	Read Replies (2) of 726

The problem with ptch is that there are very few buyers and one big seller. Today for example, 100 shares traded at 1 3/8 and the rest traded at 1 1/4 and below. Few are intrigue by ptch's possibilities and the company has not done enough to promote itself. So we will just have to wait for some really good news (fingers crossed) -better earnings ( this quarter or the next two) , a new glue for the skin (???) or a buyout. At this point, it looks like a waiting game with a bottoming probably at about 1 (unfortunately). Clicking on Yahoo's insider site and seeing the insider selling doesn't inspire complete confidence in ptch. And knowing that Jim Munn even thought about selling some of his shares at 2 ( like a trader) gives us cause for reflection. On the other hand, a potential slowdown in the economy here and abroad doesn't see to threaten ptch niche market. They can do very well if they have their products in place in their 15,000 + locations. My thoughts are based on the belief that the company has been completely above board on what the management has been telling us.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next