SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Pacer Technology (PTCH) -- Ignore unavailable to you. Want to Upgrade?


To: FRANK ROSSI who wrote (539)8/7/1998 12:41:00 AM
From: The Ox  Read Replies (1) | Respond to of 726
 
My situation may shed some (short term) light.

I have sold off 60% of my position over the last few days, simply because there were too many other quick possibilities. I have actually made out like a bandit dumping PTCH and buying other companies. I think that long term this stock will be a tremendous achiever, but micro caps have done squat with this market and I couldn't let the latest opportunities pass.

I have to think that others are making moves like myself. This may be keeping the downward pressure on PTCH (sellers like me).

I continue to hold onto my shares ( the 40% left ) because the story seem too compelling and I like to keep most of my "investment" in place.

Good luck to all,
Michael

PS, I will try to get down to my local Kmart and see how the shelves are stocked.