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Pacific Sunwear of California Inc. Message Board

blue_devil_ninetynine 1 post  |  Last Activity: Feb 25, 2016 11:55 AM Member since: Oct 24, 2003
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  • blue_devil_ninetynine by blue_devil_ninetynine Feb 25, 2016 11:55 AM Flag

    This is too much volume with too steep a rise on too little news, for a company that's normally so thinly traded. The PRs within the last week were positive, but I personally don't think they're enough to drive this move. I think someone knows something we don't. I guess we'll find out soon enough, if this move consolidates/strengthens or if it fizzles out. I'm not buying on this rise given the size of position I already hold (I'm down from 425K shares three months ago to 400K now), but I'm not selling into it either. I want to see how this plays out over the next few months.

PSUN
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