If you remember me from Money Talk BB
then you know I was an advocate of DBCC up and down in the early 90's, and that stock went nowhere fast up until the last 6 month past. People have to realize these are commodity providers, and only their small floats puts them at the mercy of thread contributors. PQT's own press releases admit to Hype driving their stock, so who in their right mind would consider this an investment!? This is a trading stock, pure and simple. It's doubled, so you take some profits and live to fight another day. I don't mind you pumping and dumping this thing, that's how I make money. But getting newbies in at $10 with a promise of $50? Get Real... this is a $3 stock! I'm willing to admit TRAC is a $3 stock as well, only it's got more going for it right now, and an even smaller float to exaggerate it's upward momentum on volume driving news. TRAC will only fall from lack of volume, at this point, pretty much like PQT does when it slow fades below $5 again soon. Tell you what, we got 2 stocks around $10. I'm willing to bet you a WSJ Online or TheStreet.com subscription that TRAC will be ahead of PQT by 04/15.
P.S. if you like computer game stocks like ERTS and EIDSY, you should hold off till the summer. these stocks peak after Xmas, then fall every Spring only to be picked up again for back to school thru Xmas Season, all over again. |