As early as last week management was claiming that it would go ahead with the split, why the sudden change? -- As early as last week, PDX was trading at $50 or above. This 'sudden' change should be an expected change considering the magnitude of the price drop. Why fault management on responding logically to a market change?
PDX will continue to drift downwards -- Every time, I've posted a message, PDX has been trading higher than the previous time. Right now, we're +$1 5/16 for the day. This stock is in recovery from being severely oversold. But, no, I don't predict return to the $40-60 range for quite a while.
Copper Master, in Msg #64, says: it is now a fact that illegal accounting practices will result in a slew load of HEAVY (multi-million) dollar settlements going back to investors that were robbed. .... Especially, now that current contracts as well as pending contracts are in jeapardy.
Neat allegations there, CM. Now show me where who says the accounting practices are 'illegal'. Not even the SEC has accused PDX of illegalities. They are looking at the accounting of acquisition costs, just as they are for several high-tech companies that have made a bunch of acquisitions (NETA, PSFT, CA, etc.). In the end, the SEC may say "Redo it", but nothing here is illegal. And please, CM, tell us what contracts are in jeopardy and where you saw this. Speculation does not make this valid. Scare tactics, CM, mere scare tactics!
So the price of PDX is going down the tubes, huh? Strange that the market isn't saying that! |
