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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (34111)	10/30/2001 3:24:37 PM
From: BWAC	Read Replies (1) \| Respond to of 53068

<so do want to keep it for when it does do the 'run thing'> I would say yes. But keep in mind I am a real hardhead and am relying on the balnce sheet to tell me that the price is below tangible assets per share. I bought at $5, sold a Nov 5 Call, have no stops set. If the price goes to somewhere around 3 I'll buy again. <I've had a difficult time reading this stock> As designed. You're not supposed to be able to read PVN. You are supposed to be scared off by the chart, by the Street.con articles, by the media, by the constant size of shares shown on the ask, by the unexplainable 15 minute 50cent selloffs. And if that doesn't work you are supposed to lose interest or be frustrated away due to the rest of the day stalling of the price in a 5 cent range except for brief untradeable blips here and there. PVN has just entered this "dirty" trading zone. It will go nowhere far, barring a buyout or other large event, until the smart money has covered and reversed bias to a long position. This may be months. But there is low risk money to be made trading PVN from the long side if you remain skeptical of the price action and don't get shook for a quick loss.