I know all you guys are too smart just to let it all ride after the long haul some of you have been on with this puppy. What are your favorite ways to tease out your costs on stock like this? Sell off 10-20% and buy back when it recedes? What is yours?
Hirsute this stock is cheap , if market is affording Allot a 6 multiple on their 57 million 2010 # , current market cap 360 ( 6.3 X's 2010 Rev #). PKT is approaching a 5 multiple on very depressed #'s. It is fair to assume since Genband only representing 1 million in Calendar year 2010 revenues , conservatively Genband should add 10 million more this year bringing 2011 Rev with our eyes close to 30 . Current Procera market cap 97 has PKT trading at a low 3 multiple of top line. Hirsute this might be a tired name to you and a Company you had just too much disappointment with over last several years ; but PKT is a very fresh name to many institutions and they are setting themselves up and feeding the market with news like a grizzled veteran . This company i believe will manage their earning like a Pro put #'s out there that they can revisit consistently and bump higher. This morning waking up to two announcements each one with teeth after last weeks tape action / communication exceeds everyones highest expectation these guys really have stepped up to the plate and knew exactly what they were doing when they announced the reverse stock split. Procera Network is shining a light on themselves and they look very good.
So we have F-5 using PKT's product and Genband is showing all of PKT's newest upgrades in Barcelona as well. This announcement is basically the last three upgrades by PKT on one. Be interesting to see if more partnerships surface over the next few weeks. Starting to get some real nice exposure here and strong support for their product. After such a quiet period, it's nice to see this begin to unfold. Barcelona is looking to be a very productive conference for PKT.
The future should be very interesting.
Yeah, I wont be surprise if its going to pullback. It happened to most stocks that I have. Especially for ALLT. It was at one point around 15.50 which is its all time high at the time then bloody pulled back at 11.20 it took a while to recover. I should've believed the CCI and the RSI levels when I was looking at it. From my observation, its seems like its quite a few traders do this on purpose to set their luck as the new resistance level. Just my observation of course. Its entirely up to you with your exit strategy.
You are right. I'm always leaving the party early. Not a lot of confidence in the markets or the companies I guess. I haven't sold this yet but I'm thinking i need to take a little off when it rallies.