P10 Industries Inc. (PX)

[bob4uall]

We had a major downturn when bankruptcy was filed in March. This likely caused a few investors to leave because they do not invest in bankruptcies of any kind. But then, when news of an expedited hearing came out around April 6, we have had a steady share price increase. After the hearing, the price has backed off.

Where are we now? The big question is how optimistic is the share price today compared to what is perceived to be happening and not yet announced. I am hopeful that a rally will begin soon that would foretell that the uninformed are soon to be surprised by positive events. ("Buy on rumor, sell on news".)

If there is no rally before positive news, then the news is not as positive as some buyers of the stock think it would be. It has been assumed for a long time that business acquisitions are planned.

Probably the best scenario would be where an expected deal turns out to be richer than originally planned, or a new opportunity arises that is better than those already planned for. Because at today's expectations based on what is known or assumed, we have a company estimated by the market to be worth about 34 cents a share.

I am risking that there is very little chance that short-term news will be negative or worse than expected. My biggest concern is what part of any increased value gets through to the shareholders vs. what gets spent on operations (including compensation) or under the control of lenders or for other company obligations.