You guys are TOAST!This is finally going to break out and head to $50......
Today's earnings results are very strong, especially in light of the current economy. PETM's mngnt and employees should be very proud of their results. This stock is a strong candidate for a long term investors.
Agree the company looks good, however, there is no such thing as "long term investing" anymore.Anyone who buys and holds a stock through thick or thin, regardless of market and economic conditions, is going to lose more capital than they need.When the market heads south, don't make believe your "long term investments" will be immune. 10 years of gains were wiped out in 2008. Don't think it can't happen again.
I am no longer short this stock.