Somebody - tell me why this stock is locked into the lower to mid-70's range?!
I have given up believing that this stock will eventually reward with performance
based on it's product market share and earnings. If a non-informed person were to read a few days of this thread,
they would go away believing this stock was near-term money in the bank!
What is holding it down? Here we are on the verge of another earnings report
that should give it a real boost, but we all remember what happened at the
last earnings report - this is a good company with a strong product, but
the stock reminds me of the Cowardly Lion; one little peep from a competitor
and the stock shrinks. WHAT IS HOLDING IT BACK?!
I used to day trade PMTC until late last year, made a buttload of money, then I stumbled onto this
thread. PMTC is a very volitile stock, but the company profile is a lot
like USR; good management, strong industry presence and market share. I thought
I'd try something new, so I delved into USR hoping to make a little cash.
Based on what I'd read, it seemed feasable. In practice, this puppy is
a heartbreaker.
Look at the historical charts for the last 30 days for PMTC, INTC, DELL, and
even ASND. All show a nice little rally beginning around the first of the
year. Now look at USRX. Where is the gentle growth we think we should see?
I know that if I back out of this stock at break-even, the next day will
see a rally - THAT'S the nature of trading, and it's almost predictable.
It just seems as though this stock CONTINUALLY behaves the opposite of
how it should, and THAT'S becoming predictable, too. |
