if you're playing for the short-term gamble to make 20 to 30 cents, then current price is as good as any. if you're playing for longer-term turnaround, then don't buy - bankruptcy is the end result here...shares will go lower.
hey azucarmorena - quite interesting how since you just created your id, all your posts are on the same stocks as sawmade7's. and look at how you randomly capitalize full words just like sawmade.
Agreed, however, my post was more to the point that since the offering, the shares have been above $2 the entire time. I think the market is saying something by the fact that shares are not trading at or below the offering price - wouldn't you agree?
If you exercised your rights for $1.90, you had plenty of opportunity to sell yesterday at/above $2.25 for a 20%+ gain after just a couple months. That is a good deal for shareholders.
As for the rest of your diatribe and posts, I'm sorry you are unhappy with your PDEX investment...you can't win them all.
"Dissolution"...company thinks there may be "a few cents" left over for shareholders.
What a great spec play - $1.25 to "a few pennies" in 6 months.
nuttie's friend who had really great info really did him in. oh wait, nuttie said he actually made a profit on his AFFY trade. If you believe that...
costs are down now, just waiting for some new contracts so we see increased revenues and profitability.
the new contracts will come - just a bit more patience.
yes, this is typical and I see it lots...trying to scare (potential) sellers - happens here as well as other shares where there is low trading volume. say you place a buy for 1000 shares at the ask, maybe 900 will execute at one price, then the last 100 will trade at a lower price so the market maker can make it look like the last trade was a sell with shares trending down, though in reality exactly the opposite took place.
hweb - we are going to make a killing both here and on DRAD...apparently we gravitate towards similar things.
awesome news....we should begin hearing something soon regarding reloads on some of the existing licenses. we're also going to get a couple wins from the three ongoing data activation trials.
people are going to miss the boat here because they are not watching...they've left the ballpark before the 7th inning. this is all fine with me as I continue accumulating what few shares I can wrestle away from market maker below $8.00. lower it goes the more I'm buying...will take the 5%+ dividend every day of the week between these news releases. at some point, when the volume comes back again, we are going to permanently go above $10. that $11.50 price target will be history. maybe towards the end of the summer.
Sorry - I have no wisdom on this one...I'm staying out. I don't trust Zack, I still don't like the financials, and I don't think profits (assuming they do come through) will move the needle much.
Anyhow, my fingers will be crossed for you at all times on it.
so you think it will trade at a PE of 1 or less? please, tell me that's what you're saying.