Re: PNCL
I was very careful to say that the BEST time to invest in high-tech companies is right at the time they have a new product out. Typically their stock has been depressed since their existing product is now old technology and everyone is waiting for the next incarnation. It took Pinnacle an extra year and a half to get the new Apex drive out so you can bet many of their faithful customers have been dying to get their hands on one. The people that need this specialized stuff usually buy IMMEDIATELY.
However, stocks in the 5 range go up a point, down a point, up a half, down a half, etc. It's not worth the aggravation, IMO, to kill yourself over timing stocks like this as opposed to, say, Y2K stocks where good timing makes you rich, bad timing makes you toast.
I must say that your timing on stocks you actually do invest in, judging from your posts, seems to be almost magical. Unlike others that post to this thread you actually post an exit strategy-- and it works. When you're hot you're hot-- and you're hot-- so keep throwing the dice because you're making people at this table rich.
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