I have a very longterm perspectives on investing. I will trade some stock on short term moves, I will always have a core position in stocks I believe are fundamentally undervalued with solid management. I aggressively bought more during the credit crisis which was more a liquidity crisis in small cap stocks that enabled me to buy PRCP at great prices!!!
I have listened to a number of CC over the years and the tone of this on was exceedingly bullish. The company is also aggressively buying back its stock which is bullish. Did you listen to the part where the Auto manufacturer was supposed to return Helix to PRCP because it is not yet available for sale and they are paying PRCP so they can keep it! They also mentioned that Helix will definitely be used by other industries .... forget about double helix ... quintaple Helix!!!!!
The stock is going alot higher and I believe the company will be acquired
You did NOT "buy and fold" you liar.
You rode this one down from 13: http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&bn=14564&tid=1963&mid=2290&tof=8&frt=2
LOL. Try and rewrite history and you get caught every time!
Edado, I am very new to this company. Surprised you view the current tone as "glaringly bullish". They struck me as contained, an under promise and over deliver type of management. But I agree it feels like something is bubbling underneath. Even to mention 10% revenue growth and profitability these days on a CC is pretty bold I suppose, given many companies offer no guidance--especially ones in cyclical industries highly dependent on what GDP will look like worldwide. Still, that backlog has to give them some confidence, and i bet there is room for upside to even their "base case" scenario. None of us know how big Helix could be. However, I bet someone within the company has a pretty good idea.
If Helix is everything it can be, why WOULDN'T a major auto manufacturer want to have that capability in-house (via a takeover)? Of course, it could take some time for Helix to demonstrate that it is indeed everything it could be-by which time it would be reflected in a higher stock price for PRCP. Big companies don't generally buy other companies "on spec". They want to buy a sure thing and are willing to to pay up for it.
Dollar Thrifty (DTG) could have been bought as recently as Feb. 2009 for well under $1. What's Hertz offering now, $72, and the stock is even trading higher than that at $82. Companies are not heroes on buyouts. Nobody in the corporate acquisitions dept. charges up the hill to take the first bullet "on spec". Better to pay a hundred times more, but be sure you have a "winner" first.
I remember you from the first time I got involved Edword, about a year before the credit crisis. I remember how good things looked prior to 2008 and how things quickly can change. That's why buy and FOLD is my motto in these microcaps. As for a buyout, I'm hoping Helix is everything it can be so the thought of a buyout is just that, a thought. But I surely won't be planning on it.
How is this for long term
I have been following, investing, trading this stock for very nice returns and the company has diversified in a very positive way ... management has always had a conservative tone, but the conference calls lately are glaringly bullish. This stock is going higher and a double or tripe in the next 12-24 months would not surprise me, in fact I would look for a takeover
Not THE bottom but during panics like the credit crisis in '08, it's not rocket science:
Creep nailed the top too: http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_P/threadview?bn=14564&tid=1618&mid=1618
What a joke you are for believing anything Creep says. A sucker is born every minute, I guess.