P10 Industries Inc. (PX)

[bob4uall]

Breakout above 53 cents appears imminent to me. The supply of 53-cent shares is likely drying up. Some have been calling 50 to 53 a floor, but it looks like a ceiling to me. Ceilings hold for awhile, but when there is a breakthrough, a new ceiling must be found. The fun part is to see how much higher the new ceiling will be. 55 cents? 65 cents? More?...

If this volume indicates the deal rumors are in play, watch out! This rumor period could get us higher than where the price ends up after the news is announced. It just depends how leaky things are, or how excited the speculating public gets without knowledge.

I wouldn't be surprised to see a shakeout at around 48 cents to clear out the weak hands, followed by a burst to new highs today. But it's a guess based on patterns I've seen before.