Wednesday, November 3, 2010

revisiting PWX

fellas - last time PWX was trading in the 13's we passed a motion to sell. Due to a Zecco error of some sort, the sale never went through. If it had, we could have bought back in at $11.70-$11.80 and be reselling now.

How does everyone feel about this? If it is the same way, then we should try to do the same thing again now - sell our position, and immediately place a limit purchase to buy it again at $11.88. Historically unless something big happens PWX won't be shooting up much higher than $13.50 where it is now.

2 comments:

Jimmy C said...

I second the notion to sell and buy back when it dips back below 12.00

Anonymous said...

I third the motion! lets get that money. I am all for going back in on PWX when it dips below $12.