Well, I have no inside information, obviously.
What I do is look at the previous patterns. It seems to settle back to a low price. Last year it was .16 before the P&D. It has been at that price in previous years and then a run up.
I do admit that the last run up (P&D) was one of their best. It got to over 3 bucks, before it only got to a bit over 2. However, last time, there were some extra parties in the mix, so I think that is what helped.
So, I don't know if it will get back to .16-.20 but history says yes. I do believe it will go lower than the .60 but that's just a gut feeling. However, I can tell you that "my gut" said that .80-.88 was not a buying time, for what that's worth.
I DO NOT USE charts in stinky pinky land, the ones that say "oversold" or any of the other BS. I just look at the PPS history and go from there.
What do you think about the PPS? Lower from here? What do you think is a good entry point?
Notice it is off the HOD.. close to the low. Sure seems like it is going lower, right?
“Are you playing stupid or is it not an act?”
"Beauty fades. Dumb is forever"
"Don't spit on my cupcake and tell me it's frosting"
"Don't pee on my leg and tell me it's raining"
All said by Judge Judy
