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Microcap & Penny Stocks : Pacer Technology (PTCH)

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To: PAR who wrote (624)3/17/1999 9:32:00 AM
From: WallStBum   of 726
 
Can't argue with you that $1 won't happen. It seems interest/market sentiment in PTCH has waned over the past couple months. In a perverted way, I wouldn't mind myself picking up even more at or below that level. However, I have been accumulating over the past week on the dips.

PAR, you might consider several good-till-cancelled limit buys at various points from here downward. That's worked well for me. Level II show is always quite interesting for PTCH. A lot of MM activity for stock just over a buck. Currently there is relatively strong support at 1 1/16 with several mm's lined up with large bid sizes; however there's not a significant lineup on the ask. Gee, what does that tell me? (gg)

Good luck to you PAR. Hope you don't wait toooo long. Another earnings release and things could heat up quickly - I hope. (gg)

dax
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