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Premier Exhibitions Inc. Message Board

  • primoexe primoexe Feb 8, 2012 3:32 PM Flag

    highest in almost 4 yrs!

    does the market know something we don't?

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    • Not always. It can mean sepeculation that the auction results will be good but it such speculation is not always because they have better info than everyone else.

      PZZI jumped a buck recently on antcipation of better than expected earnings & outlook.

      Turned out to be the opposite and the stocks down $1.50 per share.

      RCKY has a history of going up prior to earnings reports because often times, their earnings are better than expected. But when they are worse, the stock goes down after.

      Hard to say which this is.

      But, all things being equal, I prefer $2.56 over $2.25.

      The hope is for $4-5. We just dont know how liekly that is with all the uncertainly about what the stuff will fetch and what taxes will be if it is sold.

    • There are finally no more sellers that "have to" get out. That's why the volume is slow low as well. Anyone that's in this stock at this point would be a fool to not wait until the April Auction results. Anyone that wants to buy in for the tremendous upside should have to pay the price. I don't see why this stock wouldn't go up .10 - .20 a day for the next 2 months as willing sellers become more and more scarce. Plus, it's still a bargain at anything under $4. Who else is going to double their money in 2 months with a legitimate catalyst already imminent???? NO BRAINER BUY!!!

    • Market knows nothing. It is worth what it sells for. It doesn't mean anything if it is 1.46 or 2.56. The thing will be sold and that is what it is worth.

 
PRXI
0.50+0.02(+4.17%)May 24 2:34 PMEDT