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Mr. Market is waiting to see of PAL beats this quarter. Quite a few shorts on this one that are keeping it around 3. If they beat they will have to throw in the towel and cover.
Estimates are .00 for Q1 Don't think they will beat - my est is -.01 to -.02 range but other news and announcements will move it upwards anyway.
If PD holds above -6.00 and PAL holds in the 2.90's I expect a late rally and close 3.00 or better for 4th day in a row.