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To: ACAN who wrote (197)9/15/1999 12:33:00 PM
From: ivan solotaroff  Respond to of 1065
 
PCTL

Allan,

Here's the deal on PCTL. On 4/7, it became what's known as an Estecat, so-called because a former cat-fancier, Esteban, insisted that a gap followed by a close-to-close loss of 30% or more was just as good as a stock opening 30% or more lower than the previous close. We disagreed, I was right, he was wrong, and then I went to his house and killed him and had sex with his dog.
In any case, he hasn't been seen since.
PCTL is very playable: bigcharts.com It gapped 9.5% on 4/7, but it finished the day down 34.something% and has behaved like a nicuns little pusskins ever since. BTW, I'm currently playing an elongated version of a similar chart: bigcharts.com though I think I'd rather be in PCTL.
Good find, and good persistence, BTW. I tried to talk you out of this one, but you were right, and I was wrong. But if you come to my house, please remember: The dog had nothing to do with it.

Ivan



To: ACAN who wrote (197)9/15/1999 4:17:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 1065
 
ZONA

Sorry I didn't get to the thread with this one. I'm in at 5/16 - 3/8.