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Piper Jaffray Companies Message Board

  • JIMMYPE2 JIMMYPE2 Jun 26, 2009 1:12 PM Flag

    Defying any reasons!

    Today PJC's stock reaches $42.20. PJC has done a lot of hiring recently, had no income in the last 12 months. There is no visibility of the end to this recession. The price of PJC now defies any economic reasons and logic.It has priced in the perfect economic future - the right combination of rain, sunshine, and temperature for those green shoots. Watch out!

 
PJC
43.45-2.17(-4.76%)Jun 29 4:03 PMEDT