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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 295.01+1.3%Nov 7 9:30 AM EST

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To: Stock Watcher who wrote (3862)3/8/1999 6:59:00 PM
From: hoffy  Read Replies (1) of 52051
 
PLC is definitely not a day trade. It may not jump this week but eventually they will start making money and then the stock will have a nice steady incline. I think it can double or triple in 12 months. You can try to time it and get in just before it starts to climb but that is always hard to do. They are at a bottom and have just started to release positive news. This is more of a turn-around play. I always like to have some reason why I think a stock will turn around. Take a look at the past news releases and earnings. They seemed to have turned the corner. Now Wall Street has to gain confidence in them again.
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