Will there be a correction to $6.50-$6.20? I think will take some profit out
Big announcement should be coming soon one after the other and take it back to double digits. Any thoughts how soon?
I entered again at 3 and out around 4. I don't think it will come back to 3 again, but if it will, I will reenter. This is total manipulation stock, and good to make money via speculation and not what they actually do.
Article in nasdaq; easy double digits soon
I am still worried of the uptrend and downfall of this stock value in the past month. Even the company has not come up with any PR or the individuals who sent email to management have not received any response. Are they really doing business? so many question mark on this company. About 3-5 years ago this company was trading at 0.25$! yes, 25 cents!
I feel there have been lot of buying going on this week from big guys as the price is so low that PKT has close to the current price in hand. One good news will take the price into double digits, and many are aware that the results will probably come better than anticipated.
I entered again at 3.16$? should I sell or hold back? I am thinking of adding more at this level.
15$ would be reasonable. What we need to remember is that this is trading close to the cash level that they have in hand, and the MM is trying to buy at the low level. Soon they will take it $8-9 level, and if they are acquired, it will be over $15 is my guess.