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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: musicguy who wrote (14578)2/25/1999 4:55:00 PM
From: Jim Spitz  Read Replies (1) of 122089
 
I agree. PDSE looks like a good short. Don't know why the stock moved $2 in the last few days. No good reason to. They are losing money, private placement to keep afloat recently. TTM lost $1.52.
They were almost de-listed from NASDAQ in November due to insufficient assets. They successfully appealed. Their Feb. Quarterly states that they may or may not have sufficient cash to continue operating for 6 months. Heh,heh. These guys are WAY over valued! They are practically out of business. Although I feel sorry for them as a company, as an investor, I'm ready to short in the morning.

Small Outstanding shares and float! Watch it. Approx. 2.43 mil OS with Approx 1.2 Mil float. Should sink like a lead balloon! These opinions are mine. Be sure to form your own before shorting. jimS
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