I generally agree with what was said, particularly "I expect a few downgrades, but primarily 'Neutral' ratings from most financial firms. Fair value today in the $11 range. Fair value in 2004 (predicated on earnings estimates) is the $13 range."
Hanging on for those of us with a very low cost per share (going back many many years) IMO is still a good idea, but PVN needs to be watched closely. That being said, it has the potential to surprise and do well, but so do other stocks.
Condescending attitude would be ok,if you were even close.Your FOS..PVN beat analyst forcast by 33%.Credit losses beat by 55%.With lowering operating costs in a Bulish economy,well I'm not gonna give class,BUT you should take a few more,preferably in economics.Idiot posters really bother me alot.OH,btw,we will close on the high today.
It sure looks bad for shorts. The stock broke the 11.7 reisistamce level, rose to 12.2, and has repeatedly shown the old resistance is now support. In a bull market, the natural trendency of any stock is to rise. The shorts are hoping that the accounting issues and "growth" issues will hold pvn back, but they made a full frontal assault today and they can't even drop the stock below support (old resistance.) PVN resumes the uptredn very soon.