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Re: None

Tuesday, 01/16/2018 10:25:29 AM

Tuesday, January 16, 2018 10:25:29 AM

Post# of 8795
Opinion: better buying opportunity ahead

With all PIOE-RCP merger news out for a long time and nothing new expected until reports in perhaps as late as May, why be in PIOE now if you are a small investor or trader?

So I see the majority owners and big money in PIOE staying in place through the winter, but the retail investors may just get out for awhile and get back in when something is more likely to happen.

This would cause a continuation of large bid/ask spreads and low volume, and perhaps a decline in share price at times that would be good for patient buyers to add more shares. Maybe holding out for purchasing at around 75 cents is about right?

Good rumors or surprises such as patent sales or listing on stronger stock exchanges would likely reverse any downtrend, but my point is that the likelihood of that might be quite low for a few months.

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.

Volume:
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Total Trades:
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  • 1M
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  • 6M
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  • 5Y
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