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Monday, March 28, 2016 7:29:55 PM
A stock like this can fall as fast as it rises, even faster.
I remember when I started selling at over a dollar, it only sold in small, hundred blocks at a time, even when I said sell all. but buying before and during the run-up, whatever I bought in the thousands filled instantly. I watched my sells go from 1.40 to about 1.20 within minutes in small blocks that deteriorated very fast..
Anyway, there is going to be a hype run-up before 4/20, and long term this one is a winner.
Short term, I bet we see 20 again before .70.
No reason to have a conference right after earnings unless it is to explain why earnings did not meet expectations.
Mark and remind this post if wrong, only think about the why and timing of the CEO.
No need to hold back good information, every need to hold back bad and try to suppress the damage it will do to PPS by trying to convince investors to stay with nice, promising words after reporting numbers that fall short.
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