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


To: WallStBum who wrote (456)5/27/1998 8:48:00 PM
From: David K.  Read Replies (1) | Respond to of 726
 
Investors are loathe to hold small stocks. Even with all its positives ptch declines. Hopefully, as the earning improve, the stock will start climbing again. At a certain point good news will move the stock higher. And remember that if the stock continue to look cheap, there is always a chance of a buyout at a higher price. With 15,000 + outlets for its products in over 80 countries, ptch offers a fine opportunity to another company seeking a wide distribution network.
Additionally, we need get all the short term traders out of ptch. They may be the ones that are selling at these low prices. Having jumped in as the stock was rising, they now are unloading expecting the stock to stay low. Once the stock is primarily in strong hands, held by investors who in for the long haul, the stock will start trending upward. I believe that anyone who understands the potential of this company can easily see $3+ in the next few years.

PS My comments are based on the idea that management can continue to move in a positive direction and that everything continues to be above board ( no hanky-panky, nothing illegal).