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Pacific Sunwear of California Inc. Message Board

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  • bluestarromeo bluestarromeo May 19, 2012 11:57 AM Flag

    Who in their right mind would sell...

    You're right. Stocks at this price are especially easy for MM's or any other players to manipulate. That means they could slam this down to retest a dollar, and wash out the weak longs, very easily. Once their agenda is done, however, the chart shows clear sailing to $1.60. Beyond that, this could be a 3 bagger in a matter of weeks. Not a bad proposition for the intermediate term holder.

 
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