So PWX is up 25%, which is enough for the Cialis to kick in if we were standing on The Street. However, one member and I recently discussed our quick trigger finger. Sure we've been banking profits like Goldman Sachs, but are we leaving money on the table like Cliff Lee?
This isn't a motion to do anything- simply a flag to keep your antennas up about this stock. Why and how and what has the price pressing onward and upward? This is a great opportunity for us to develop our research and be accountable for a projected "next step." Do you see it flat lining? Dipping or leaping? Go on record and don't be a sissy!
10 comments:
Take it all back- we sold the stock Monday at a $13.50 limit order.
another profit!
FYI
The bid price right now is 12.35.
So if we sold now - that's all we could get for it.
We like profits!
Although, we should take a look at the situation. We sold at 13.50 and missed out on another $1.50 per share if we sold today instead. That is not a lot to miss out on, but next time it could be a lot more. Timing the market is very difficult, but we can get pretty damn close. We just have to do research, like Joe was mentioning in the beginning of this thread.
That's great timing Jim! Seriously. That is interesting though. I wonder why there is such a big gap.
Perhaps the company wants investors to liquidate so they can raise money. They want to draw attention to the stock, like they've done with us, and get people to sell so there are more shares to buy. Perhaps they are planning something big!
So James, you're saying we don't have to sell or we haven't sold? What are our options? Most importantly, what are Mikey Veech's thoughts?
I'm saying we already sold for 13.50 on Monday. But lets say we wanted to put in an order right now - the most we could get is 12.35. That is the highest anyone is willing to buy it for right now.
This company's stock is very strange. It's traded at very low volumes so the bid price is always much lower than the current stock price.. what that means is that right now for instance the stock price is $14 and change but the highest bidder right now will only pay $12 and change for a share. I think it's because of how low a volume the shares exchange hands at... for example they average only 1000 shares traded per day.
PWX opens over $16/s. FML.
if it makes you feel any better, the bid price is 14.70. You wouldn't get any more than that if you tried to sell it now. To show you how off this is in comparison with other stocks, usually the bid price is right in line with the share price.
BAC - current share price $12.40, bid price $12.39. HA - current price 8.06, bid price 8.06 - I'd keep going but you get the picture.,
Post a Comment