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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajd/mba who wrote (23700)2/3/2001 2:09:23 AM
From: Joe Copia  Respond to of 25711
 
What happened to PEDN? Huge volume. Price rise. Then a Drop. No trades today. No postings on PEDN thread. No postings about PEDN here. No news articles about PEDN I see. Was it a P&D? Does this mean that the "rumor" was just that - a rumor? Is PEDN now toast?

PEDN was a classic front load before the news. The news did not come and the "flippers" decided that they were not long term holders.

IMO< PEDN is a nice hold, short, mid, or long term. Do your own DD.