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: The Ox who wrote (595)	11/25/1998 2:32:00 PM
From: WallStBum	Read Replies (1) of 726

While I agree that your sale may in fact be timely from a trading perspective, I don't think PTCH's world is coming to an end, or that this stock is "extremely disappointing." Extremely disappointing is losing your ass on a bad investment. PTCH is not a bad investment. Less than a year ago in Dec 1997, PTCH traded at $1 - that's over a 50% return in 11 months. Aug 98 we were at 1.18 - that's 32% in 3 months. That doesn't suck in my book. But I'll agree that even a cursory review of the chart going back a couple years shows this stock trading in a pretty tight range, of which we are at or very near the top - so maybe your decision is a good one from a traders perspective - but but but I don't think Pacer is doing anything fundamentally wrong with regards to its investors. And who knows where we'll go from here. What will ultimately propel this stock higher is consistent sales and earnings growth. But this is a glue stock - pretty boring really. But then again it's compelling from a trading standpoint. dax

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next