BIG news on PCCE on 3/07/06
Just some questions about PCCE.
Doing DD, Im seeing that the stock gets bashed pretty hard around here.
The reverse splits that PCCE pulled in the past burnt a lot of you, and if the same thing happened to me I'd be pissed off too.
but how often can a company reverse split?
It seems to me that PCCE had all the R splits in the past to pay off that huge debt recently and do the recent acquisition that will be announced tuesday.
Hence the R splits demolished the stock price because it killed past investors. People were convinced they'd get burnt.
Im thinking that PCCE will not reverse split anytime soon. Especially seeing how bad it demolished their future stock value.
They finally realized how important it is too be honest and pay down debt.
Not gonna R split after the debt paydown and buyout of Maine staffing company. PCCE may even come out next week and say that they are finally in a position to rule out any future R splits.
Does anyone think that this thing takes off for at least 6 months?
Im thinking that there is'nt a chance for a R split for at least 6 months considering they just did a split 2 months ago, paid down massive debt, bought a money making company in maine and their credit is in outstanding shape now.
The good credit that PCCE has is the key to me..
Tons of volume at the end of the day today too.
any opinions, I own this stock at .00025
AI
