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Pacer International, AŞ Message Board

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  • CD_Vision CD_Vision Feb 10, 2011 3:14 PM Flag

    Digging in my heels

    No, actually I'm sorry to say that I changed my mind. When I got on this morning I was only down 10% on the position so I went ahead and dropped it. I had a couple of earlier profits on this company so I'm going to go ahead and call it quits while I'm ahead.

    I'll check in every now and then, but I don't think I'm bringing in new money for more than $4.50. Probably just going to stick to the world of dividend growth for now.

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    • CD $4.50 range is the number I have in mind for a decent buy point. Stock is fully valued in $5.50 plus range and we are only a few pennies below that right now. Those thinking $5.00-5.20 range will not be happy when the shorts push this down into the $4.00 range.

      Today was a chance to get out in $5.60 plus range and look for a lower entry point.