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Microcap & Penny Stocks : Pacer Technology (PTCH) -- Ignore unavailable to you. Want to Upgrade?

To: JAG2 who wrote (403)4/8/1998 6:12:00 AM
From: PAR  Respond to of 726
 
>> With this stock breaking out, on high volume, like it did today,
>> there is no resistance above, and could move up nicely.

Isn't the issue of insiders/employees buying at about ~$1 and selling higher still on the table? Doesn't this offer inherent resistance?



To: JAG2 who wrote (403)4/8/1998 10:34:00 AM
From: lknapp  Read Replies (1) | Respond to of 726
 
I agree with your assessment and think you were wise to buy now. PTCH is my largest holding. I've been in it in varying amounts since 1993.

By the way, the present price is not a 15-year high. It was at 2 in January 1994 and at around 2-1/2 in February 1992. Before 1992, it spent a long time at around 50 cents.

Loy Knapp


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