P10 Industries Inc. (PX)

[bob4uall]

First quarter: $0.85 Second quarter: $1.45 Flat as a gravestone.

Supply and demand for PIOE shares stays very balanced. There seems to be no effect by anticipation of earnings reports or news. This says to me that there is not enough money in from traders or speculators to make a difference. The larger money is able to do enough buying and selling to keep the share price locked in a range until real news (not anticipation) moves the price. Now by "larger money", it wouldn't take much since volumes are low, but something is causing the share price to not drift very much or for very long.

I had mostly stepped out during this "flat period" for that reason. And if the price dips to $1.21, I will be in automatically. A 17% dip seems to be too much to hope for, though, even in the "volatile" pink sheets.

I expect now that I will have to pay at least the $1.40 I sold for, to get back in around the 4th of July. I don't want to miss the bus to the next level at the next earnings report.