Exemplifies how in trouble this stock is. Analysts warning that this space is in trouble due to Europe. ALLT announces a huge deal....from....you guessed it....EUROPE! Seems like pretty big news for th space as a whole. Maybe Europe isn't as doomed as everyone is saying.
Despite this news, despite PKT's valuation, despite it being down 20% in less than 3 weeks. Despite all of this........it can't get even the slightest bounce. Downward pressure is still constant and smothering.
$10 a share by next Friday, mid to low $9s by earnings.
Well, well, well. Now you sound like yourself.... And all the PKT investors can find out who you really are. PK calling for 9s soon? Maybe it's time to get in. Just might be time for some of you to back up the truck.