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Providian Financial Corp (PVN) Message Board

  • steadypro steadypro Oct 30, 2003 10:11 AM Flag

    upgrade vs downgrade

    UBS downgrades then JMP upgrades with a target of $16. Well, I think someone is trying to decieve us. This company will be taken out and no one knows when. Notice UBS is not selling but created a oportunity to load up with more before the buyout they never denied it would happen. It's tough to stay long with a large position on a day like this but don't be fooled by the games and evaluate why you are holding. Only the amatueurs are selling. I will sell at $15 and buy again probably several times to lower my basis but this is and will be a 1 year holding. If you sold days ago I would began reloading I unfortunely did not pull the trigger and was greedy. Profitable holding yet I still Never Learn.

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