I may have missed 100% profits on PNCL, but I may have something just as good. This one is NOT going to get away. It's one of those Year2000 companies (like CSGI, UCMP, ACLY, ZITL etc.) that, provided you get in at the beginning, can generate the type of returns experienced in the aforementioned stocks. Like these stocks which rise and fall rapidly, and are volatile, getting in early makes all the difference in the world.
Admittedly, I am not an expert in this field but I do have both the
technical (my wife) and financial (access to institutional research analysis from my brokerage contacts) resources to wade through the list of 40 odd YR2000 companies that have product available for use versus products in the pipeline. I believe that the money we have collectively made on these stocks are due to the hysteria in the marketplace concerning this major YR2000 issue. I also believe
the search is on for the next ZITL, ACLY, CSGI, etal. "
To this end, I am temporarily liquidating some of my holdings to divert funds to this stock. I have decided to take a position (to be up front with everyone). Since I would expect this one to move as quickly as some of the other YR2000 picks listed here, I figure I could always buy these investments back in a short timeframe. All I need now is confirmation of my purchase.
I do not want others to blindly go into this (since it is not my field of expertise) and would appreciate the technical read from our own group of experts such as Kevin, Scott, Steve, Jeff, etal. (first 4 names to come to mind but not restricted to them) on this matter.
Therefore, I would appreciate any techies out there to tune in 4pm EST and look for an Alert from me. I will post one way or another at that time. If the techies can spare the time to do quick analysis, maybe we all can get into this stock first thing tomorrow before everyone else. If the techies like my pick, I am thinking of increasing my holdings in a BIG way."
For those interested this is the data gathered so far from a knowledgeable source.
1. Their stock is 33% of its 52 week high
2. They just released news of their Millenium breakthrough software
3. The already have a confirmed 20M project
4. They are beta testing with 5 Fortune 500 companies
5. They will not release results of their tests until later this month
6. All the other Year2000 companies seem to have reached the ends of their stock run and this one has gone unnoticed. |
