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Pegasystems Inc. (PEGA) Message Board

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  • calcutta_jim calcutta_jim Jul 4, 2011 1:58 PM Flag

    up 14 straight days in a row

    Loving the price action but expecting a pullback on profit taking and some shorting. I have no problem with the shorts piling on, it will send this thing flying if the numbers are good in August.

    I still have my original position from eons ago, as in 10 years. Gonna keep riding it. Had I tried to trade the highs and lows of this stock I wouldn't be where I am today. Some traders are good at this, I'm not.

    As long as the revenue keeps ramping like it has, I'm happy. I see no reason why this can't become a $5 billion market cap company which means I'm out at $130 per share or so. If PEGA keeps its current revenue growth rate that time will come sooner than later.

29.68+0.49(+1.68%)1:09 PMEST